Amalgamated Bank lifted its position in Prestige Brand Holdings, Inc. (NYSE:PBH) by 4.9% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 7,666 shares of the company’s stock after purchasing an additional 361 shares during the quarter. Amalgamated Bank’s holdings in Prestige Brand Holdings were worth $405,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently made changes to their positions in PBH. Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in shares of Prestige Brand Holdings by 10.9% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,080 shares of the company’s stock valued at $110,000 after purchasing an additional 205 shares during the period. First Mercantile Trust Co. grew its holdings in shares of Prestige Brand Holdings by 2.4% in the second quarter. First Mercantile Trust Co. now owns 2,116 shares of the company’s stock valued at $112,000 after purchasing an additional 50 shares during the period. Riverhead Capital Management LLC grew its holdings in shares of Prestige Brand Holdings by 78.6% in the second quarter. Riverhead Capital Management LLC now owns 3,394 shares of the company’s stock valued at $179,000 after purchasing an additional 1,494 shares during the period. Oakbrook Investments LLC purchased a new stake in shares of Prestige Brand Holdings in the second quarter valued at about $206,000. Finally, LS Investment Advisors LLC grew its holdings in shares of Prestige Brand Holdings by 16.4% in the second quarter. LS Investment Advisors LLC now owns 4,472 shares of the company’s stock valued at $236,000 after purchasing an additional 630 shares during the period. 98.56% of the stock is owned by hedge funds and other institutional investors.

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A number of equities research analysts recently issued reports on the stock. Jefferies Group LLC reissued a “hold” rating and issued a $55.00 price objective (up previously from $54.00) on shares of Prestige Brand Holdings in a report on Monday, October 2nd. Zacks Investment Research raised shares of Prestige Brand Holdings from a “hold” rating to a “buy” rating and set a $57.00 price objective for the company in a report on Thursday, July 13th. BidaskClub raised shares of Prestige Brand Holdings from a “strong sell” rating to a “sell” rating in a research note on Monday, July 31st. Finally, KeyCorp reaffirmed a “buy” rating and set a $61.00 target price on shares of Prestige Brand Holdings in a research note on Wednesday, September 6th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and eight have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $64.14.

Prestige Brand Holdings, Inc. (PBH) opened at 48.52 on Friday. Prestige Brand Holdings, Inc. has a 52 week low of $44.64 and a 52 week high of $59.63. The firm’s 50-day moving average is $50.19 and its 200 day moving average is $52.50. The stock has a market cap of $2.57 billion, a price-to-earnings ratio of 23.96 and a beta of 1.19.

Prestige Brand Holdings (NYSE:PBH) last issued its earnings results on Thursday, August 3rd. The company reported $0.66 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.63 by $0.03. The business had revenue of $256.57 million during the quarter, compared to analysts’ expectations 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 revenue for the quarter was up 22.4% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.59 EPS. On average, equities research analysts expect that Prestige Brand Holdings, Inc. will post $2.64 EPS for the current year.

In other Prestige Brand Holdings news, SVP Jean A. Boyko sold 12,876 shares of the company’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 value of $671,097.12. Following the completion of the transaction, the senior vice president now owns 26,566 shares in the company, valued at approximately $1,384,619.92. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.98% of the stock is 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.

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

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