Prestige Brands Holdings, Inc. (PBH) Shares Sold by Public Employees Retirement System of Ohio

Public Employees Retirement System of Ohio lessened its holdings in Prestige Brands Holdings, Inc. (NYSE:PBH) by 23.0% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 16,465 shares of the company’s stock after selling 4,924 shares during the period. Public Employees Retirement System of Ohio’s holdings in Prestige Brands were worth $825,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also made changes to their positions in PBH. Sterling Capital Management LLC boosted its position in shares of Prestige Brands by 38.8% in the 3rd quarter. Sterling Capital Management LLC now owns 29,559 shares of the company’s stock valued at $1,481,000 after purchasing an additional 8,259 shares during the period. CS Mckee LP lifted its position in Prestige Brands by 4.6% during the 3rd quarter. CS Mckee LP now owns 36,750 shares of the company’s stock worth $1,841,000 after acquiring an additional 1,600 shares during the period. California Public Employees Retirement System raised its stake in shares of Prestige Brands by 6.2% during the 3rd quarter. California Public Employees Retirement System now owns 122,902 shares of the company’s stock worth $6,156,000 after buying an additional 7,202 shares in the last quarter. Zions Bancorporation purchased a new position in shares of Prestige Brands during the 3rd quarter worth approximately $165,000. Finally, Magnetar Financial LLC raised its stake in shares of Prestige Brands by 143.2% during the 3rd quarter. Magnetar Financial LLC now owns 23,434 shares of the company’s stock worth $1,174,000 after buying an additional 13,798 shares in the last quarter.

A number of equities analysts have recently issued reports on PBH shares. DA Davidson reissued a “buy” rating and set a $79.00 target price on shares of Prestige Brands in a research note on Monday, December 18th. TD Securities reaffirmed a “buy” rating and issued a $125.00 price objective on shares of Prestige Brands in a research note on Thursday, November 23rd. BMO Capital Markets reissued a “buy” rating and set a $118.00 price target on shares of Prestige Brands in a research report on Thursday, November 23rd. KeyCorp set a $61.00 price target on Prestige Brands and gave the stock a “buy” rating in a research report on Monday, October 16th. Finally, Zacks Investment Research upgraded Prestige Brands from a “hold” rating to a “buy” rating and set a $57.00 price objective on the stock in a report on Wednesday, October 4th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and eight have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus price target of $77.75.

Shares of Prestige Brands Holdings, Inc. (NYSE PBH) traded down $0.44 during midday trading on Friday, hitting $44.87. The stock had a trading volume of 460,453 shares, compared to its average volume of 508,521. The company has a debt-to-equity ratio of 2.34, a quick ratio of 1.32 and a current ratio of 2.06. The firm has a market capitalization of $2,380.00, a P/E ratio of 22.44, a PEG ratio of 1.84 and a beta of 1.19. Prestige Brands Holdings, Inc. has a fifty-two week low of $40.11 and a fifty-two week high of $59.63.

Prestige Brands (NYSE:PBH) last released its earnings results on Thursday, November 2nd. The company reported $0.61 earnings per share for the quarter, missing analysts’ consensus estimates of $0.66 by ($0.05). The firm had revenue of $258.00 million during the quarter, compared to analyst estimates of $267.12 million. Prestige Brands had a return on equity of 15.32% and a net margin of 11.03%. The business’s revenue for the quarter was up 19.9% on a year-over-year basis. During the same quarter last year, the company earned $0.63 earnings per share. equities research analysts forecast that Prestige Brands Holdings, Inc. will post 2.62 earnings per share for the current year.

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Prestige Brands 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 Brands (NYSE:PBH)

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