Fortaleza Asset Management Inc. maintained its position in shares of Prestige Brand Holdings, Inc. (NYSE:PBH) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,685 shares of the company’s stock at the end of the second quarter. Fortaleza Asset Management Inc.’s holdings in Prestige Brand Holdings were worth $142,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the company. Great West Life Assurance Co. Can boosted its position in shares of Prestige Brand Holdings by 5.0% in the first quarter. Great West Life Assurance Co. Can now owns 31,241 shares of the company’s stock valued at $1,734,000 after buying an additional 1,483 shares during the last quarter. Oregon Public Employees Retirement Fund boosted its position in shares of Prestige Brand Holdings by 1.6% in the first quarter. Oregon Public Employees Retirement Fund now owns 18,611 shares of the company’s stock valued at $1,034,000 after buying an additional 300 shares during the last quarter. DUPONT CAPITAL MANAGEMENT Corp boosted its position in shares of Prestige Brand Holdings by 21.4% in the first quarter. DUPONT CAPITAL MANAGEMENT Corp now owns 28,469 shares of the company’s stock valued at $1,582,000 after buying an additional 5,028 shares during the last quarter. Wesbanco Bank Inc. boosted its position in shares of Prestige Brand Holdings by 9.7% in the first quarter. Wesbanco Bank Inc. now owns 59,672 shares of the company’s stock valued at $3,315,000 after buying an additional 5,255 shares during the last quarter. Finally, Russell Investments Group Ltd. boosted its position in shares of Prestige Brand Holdings by 63.3% in the first quarter. Russell Investments Group Ltd. now owns 253,576 shares of the company’s stock valued at $14,089,000 after buying an additional 98,309 shares during the last quarter. Institutional investors own 97.88% of the company’s stock.

Shares of Prestige Brand Holdings, Inc. (PBH) opened at 50.57 on Monday. The stock has a market capitalization of $2.68 billion, a price-to-earnings ratio of 24.97 and a beta of 1.18. The stock has a 50 day moving average of $51.90 and a 200-day moving average of $54.05. Prestige Brand Holdings, Inc. has a 52-week low of $44.64 and a 52-week high of $59.63.

Prestige Brand Holdings (NYSE:PBH) last posted its quarterly earnings data on Thursday, August 3rd. The company reported $0.66 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.63 by $0.03. Prestige Brand Holdings had a return on equity of 16.06% and a net margin of 11.70%. The firm had revenue of $256.57 million during the quarter, compared to analysts’ expectations of $255.64 million. During the same period in the prior year, the business earned $0.59 EPS. The company’s revenue for the quarter was up 22.4% compared to the same quarter last year. On average, equities research analysts predict that Prestige Brand Holdings, Inc. will post $2.64 EPS for the current fiscal year.

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Several brokerages have commented on PBH. DA Davidson reiterated a “buy” rating and issued a $79.00 target price on shares of Prestige Brand Holdings in a report on Monday, May 8th. BidaskClub upgraded shares of Prestige Brand Holdings from a “strong sell” rating to a “sell” rating in a report on Monday, July 31st. Jefferies Group LLC decreased their target price on shares of Prestige Brand Holdings from $49.00 to $45.00 and set an “underperform” rating for the company in a report on Friday, May 12th. Zacks Investment Research cut shares of Prestige Brand Holdings from a “buy” rating to a “hold” rating in a report on Wednesday, August 2nd. Finally, Raymond James Financial, Inc. raised shares of Prestige Brand Holdings from a “market perform” rating to an “outperform” rating and set a $55.00 price target for the company in a research report on Monday, May 22nd. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and seven have assigned a buy rating to the stock. The company currently has an average rating of “Buy” and a consensus target price of $64.50.

In other news, SVP Jean A. Boyko sold 12,876 shares of the company’s stock in a transaction dated Wednesday, August 9th. The stock was sold at an average price of $52.12, for a total value of $671,097.12. Following the completion of the transaction, the senior vice president now directly owns 26,566 shares in the company, valued at approximately $1,384,619.92. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.98% of the stock is currently owned by corporate insiders.

Prestige Brand Holdings Company Profile

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.

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

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