Nicholas Company Inc. lifted its stake in shares of Prestige Brand Holdings, Inc. (NYSE:PBH) by 40.4% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 97,465 shares of the company’s stock after buying an additional 28,055 shares during the quarter. Nicholas Company Inc. owned about 0.18% of Prestige Brand Holdings worth $5,147,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of PBH. Zurcher Kantonalbank Zurich Cantonalbank lifted its position in shares of Prestige Brand Holdings by 10.9% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,080 shares of the company’s stock worth $110,000 after buying an additional 205 shares during the last quarter. First Mercantile Trust Co. increased its holdings in shares of Prestige Brand Holdings by 2.4% in the 2nd quarter. First Mercantile Trust Co. now owns 2,116 shares of the company’s stock valued at $112,000 after acquiring an additional 50 shares during the period. Riverhead Capital Management LLC increased its holdings in shares of Prestige Brand Holdings by 78.6% in the 2nd quarter. Riverhead Capital Management LLC now owns 3,394 shares of the company’s stock valued at $179,000 after acquiring an additional 1,494 shares during the period. Oakbrook Investments LLC acquired a new position in shares of Prestige Brand Holdings in the 2nd quarter valued at $206,000. Finally, LS Investment Advisors LLC increased its holdings in shares of Prestige Brand Holdings by 16.4% in the 2nd quarter. LS Investment Advisors LLC now owns 4,472 shares of the company’s stock valued at $236,000 after acquiring an additional 630 shares during the period. Institutional investors and hedge funds own 98.56% of the company’s stock.

In other Prestige Brand Holdings news, SVP Jean A. Boyko sold 12,876 shares of the firm’s stock in a transaction on Wednesday, August 9th. The stock was sold at an average price of $52.12, for a total value of $671,097.12. Following the sale, the senior vice president now directly owns 26,566 shares in the company, valued at $1,384,619.92. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.98% of the company’s stock.

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A number of brokerages have recently commented on PBH. BidaskClub raised shares of Prestige Brand Holdings from a “strong sell” rating to a “sell” rating in a report on Saturday, June 17th. Jefferies Group LLC reaffirmed a “hold” rating and issued a $54.00 target price on shares of Prestige Brand Holdings in a report on Friday, July 14th. KeyCorp reaffirmed a “buy” rating and issued a $61.00 target price on shares of Prestige Brand Holdings in a report on Wednesday, September 6th. Zacks Investment Research raised shares of Prestige Brand Holdings from a “sell” rating to a “hold” rating in a report on Wednesday, June 7th. 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 target price on the stock in a report on Monday, May 22nd. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and seven have assigned a buy rating to the company’s stock. Prestige Brand Holdings currently has a consensus rating of “Buy” and an average price target of $64.00.

Prestige Brand Holdings, Inc. (PBH) opened at 51.53 on Monday. Prestige Brand Holdings, Inc. has a one year low of $44.64 and a one year high of $59.63. The firm has a market capitalization of $2.73 billion, a PE ratio of 25.45 and a beta of 1.20. The stock has a 50 day moving average of $51.26 and a 200-day moving average of $53.29.

Prestige Brand Holdings (NYSE:PBH) last announced its quarterly earnings data on Thursday, August 3rd. The company reported $0.66 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate 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 for the quarter, compared to analysts’ expectations of $255.64 million. During the same period last year, the business posted $0.59 earnings per share. The firm’s revenue for the quarter was up 22.4% on a year-over-year basis. On average, equities analysts predict that Prestige Brand Holdings, Inc. will post $2.64 EPS for the current year.

Prestige Brand Holdings 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.

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

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