Great West Life Assurance Co. Can maintained its position in Prestige Brand Holdings, Inc. (NYSE:PBH) during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 31,241 shares of the company’s stock at the end of the second quarter. Great West Life Assurance Co. Can owned approximately 0.06% of Prestige Brand Holdings worth $1,649,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. BlackRock Inc. increased its position in Prestige Brand Holdings by 11,872.9% in the first quarter. BlackRock Inc. now owns 6,970,978 shares of the company’s stock valued at $387,306,000 after buying an additional 6,912,755 shares during the period. Vanguard Group Inc. increased its position in Prestige Brand Holdings by 12.0% in the first quarter. Vanguard Group Inc. now owns 5,680,475 shares of the company’s stock valued at $315,607,000 after buying an additional 607,598 shares during the period. State Street Corp increased its position in Prestige Brand Holdings by 1.1% in the first quarter. State Street Corp now owns 1,890,937 shares of the company’s stock valued at $105,063,000 after buying an additional 20,090 shares during the period. FMR LLC increased its position in Prestige Brand Holdings by 29.6% in the first quarter. FMR LLC now owns 1,637,651 shares of the company’s stock valued at $90,988,000 after buying an additional 374,518 shares during the period. Finally, OppenheimerFunds Inc. increased its position in Prestige Brand Holdings by 3.3% in the first quarter. OppenheimerFunds Inc. now owns 849,885 shares of the company’s stock valued at $47,219,000 after buying an additional 27,129 shares during the period. 98.56% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Prestige Brand Holdings, Inc. (PBH) opened at 50.86 on Wednesday. Prestige Brand Holdings, Inc. has a 52 week low of $44.64 and a 52 week high of $59.63. The company’s 50-day moving average price is $51.76 and its 200 day moving average price is $53.90. The company has a market cap of $2.70 billion, a P/E ratio of 25.12 and a beta of 1.18.

Prestige Brand Holdings (NYSE:PBH) last announced its quarterly earnings results on Thursday, August 3rd. The company reported $0.66 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.63 by $0.03. The business had revenue of $256.57 million for the quarter, compared to analyst estimates of $255.64 million. Prestige Brand Holdings had a return on equity of 16.06% and a net margin of 11.70%. The company’s quarterly revenue was up 22.4% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.59 EPS. Equities research analysts anticipate that Prestige Brand Holdings, Inc. will post $2.64 earnings per share for the current fiscal year.

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Several research analysts have recently commented on PBH shares. Jefferies Group LLC reaffirmed a “hold” rating and issued a $54.00 price objective on shares of Prestige Brand Holdings in a research note on Wednesday, August 16th. Zacks Investment Research raised Prestige Brand Holdings from a “hold” rating to a “buy” rating and set a $57.00 price objective on the stock in a research note on Thursday, July 13th. UBS AG raised Prestige Brand Holdings from a “market perform” rating to an “outperform” rating in a research note on Monday, May 22nd. Raymond James Financial, Inc. raised Prestige Brand Holdings from a “market perform” rating to an “outperform” rating and set a $55.00 price objective on the stock in a research note on Monday, May 22nd. Finally, BidaskClub downgraded Prestige Brand Holdings from a “sell” rating to a “strong sell” rating in a research note on Wednesday, July 12th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and seven have given a buy rating to the company. The stock presently 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 business’s stock in a transaction that occurred on Wednesday, August 9th. The stock was sold at an average price of $52.12, for a total transaction of $671,097.12. Following the sale, the senior vice president now owns 26,566 shares of the company’s stock, valued at approximately $1,384,619.92. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.98% of the stock is owned by insiders.

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.

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

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