Metropolitan Life Insurance Co. NY cut its position in shares of Prestige Brand Holdings, Inc. (NYSE:PBH) by 1.1% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 84,578 shares of the company’s stock after selling 957 shares during the period. Metropolitan Life Insurance Co. NY owned 0.16% of Prestige Brand Holdings worth $4,699,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of PBH. Envestnet Asset Management Inc. boosted its position in Prestige Brand Holdings by 2.2% in the fourth quarter. Envestnet Asset Management Inc. now owns 8,391 shares of the company’s stock valued at $436,000 after buying an additional 179 shares in the last quarter. Advantus Capital Management Inc boosted its position in Prestige Brand Holdings by 3.0% in the first quarter. Advantus Capital Management Inc now owns 6,777 shares of the company’s stock worth $377,000 after buying an additional 199 shares during the period. State Treasurer State of Michigan boosted its position in Prestige Brand Holdings by 0.9% in the first quarter. State Treasurer State of Michigan now owns 21,500 shares of the company’s stock worth $1,195,000 after buying an additional 200 shares during the period. Arizona State Retirement System boosted its position in Prestige Brand Holdings by 0.9% in the first quarter. Arizona State Retirement System now owns 22,000 shares of the company’s stock worth $1,222,000 after buying an additional 200 shares during the period. Finally, Flinton Capital Management LLC boosted its position in Prestige Brand Holdings by 4.2% in the first quarter. Flinton Capital Management LLC now owns 5,904 shares of the company’s stock worth $328,000 after buying an additional 240 shares during the period. Institutional investors own 97.85% of the company’s stock.

Prestige Brand Holdings, Inc. (PBH) traded up 1.51% on Thursday, hitting $52.96. The stock had a trading volume of 564,121 shares. The firm has a 50-day moving average of $52.12 and a 200 day moving average of $54.10. Prestige Brand Holdings, Inc. has a 52 week low of $44.64 and a 52 week high of $59.63. The company has a market capitalization of $2.81 billion, a price-to-earnings ratio of 40.74 and a beta of 1.18.

Prestige Brand Holdings (NYSE:PBH) last issued its quarterly earnings results on Thursday, August 3rd. The company reported $0.66 earnings per share for the quarter, topping analysts’ consensus estimates of $0.64 by $0.02. The company had revenue of $256.57 million during the quarter, compared to analyst estimates of $255.64 million. Prestige Brand Holdings had a net margin of 7.87% and a return on equity of 16.15%. The business’s revenue for the quarter was up 22.4% compared to the same quarter last year. During the same period in the prior year, the business posted $0.59 EPS. On average, analysts predict that Prestige Brand Holdings, Inc. will post $2.63 earnings per share for the current year.

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A number of brokerages have recently issued reports on PBH. BidaskClub raised shares of Prestige Brand Holdings from a “strong sell” rating to a “sell” rating in a research report on Monday. DA Davidson reaffirmed a “buy” rating and issued a $79.00 price target on shares of Prestige Brand Holdings in a research note on Monday, May 8th. Jefferies Group LLC boosted their price target on Prestige Brand Holdings from $47.00 to $49.00 and gave the company an “underperform” rating in a research note on Wednesday, April 19th. Zacks Investment Research downgraded Prestige Brand Holdings from a “hold” rating to a “sell” rating in a research note on Wednesday, April 12th. Finally, Raymond James Financial, Inc. raised Prestige Brand Holdings from a “market perform” rating to an “outperform” rating and set a $55.00 target price for the company in a research note on Monday, May 22nd. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and eight have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average target price of $63.71.

About Prestige Brand Holdings

Prestige Brands Holdings, Inc is engaged in the marketing, sales and distribution of over-the-counter healthcare and household cleaning products. The Company operates through three segments: North American Over-the-Counter (OTC) Healthcare; International Over-the-Counter Healthcare, and Household Cleaning.

Institutional Ownership by Quarter for Prestige Brand Holdings (NYSE:PBH)

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