Teachers Retirement System of The State of Kentucky Has $566,000 Holdings in Prestige Brand Holdings, Inc. (PBH)

Teachers Retirement System of The State of Kentucky lowered its stake in shares of Prestige Brand Holdings, Inc. (NYSE:PBH) by 7.0% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 10,710 shares of the company’s stock after selling 800 shares during the period. Teachers Retirement System of The State of Kentucky’s holdings in Prestige Brand Holdings were worth $566,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently bought and sold shares of PBH. First Trust Advisors LP lifted its holdings in Prestige Brand Holdings by 394.7% during the first quarter. First Trust Advisors LP now owns 19,317 shares of the company’s stock worth $1,073,000 after buying an additional 15,412 shares during the period. UBS Asset Management Americas Inc. lifted its holdings in Prestige Brand Holdings by 29.9% during the first quarter. UBS Asset Management Americas Inc. now owns 30,280 shares of the company’s stock worth $1,682,000 after buying an additional 6,976 shares during the period. Ameriprise Financial Inc. lifted its holdings in Prestige Brand Holdings by 6.0% during the first quarter. Ameriprise Financial Inc. now owns 149,997 shares of the company’s stock worth $8,334,000 after buying an additional 8,434 shares during the period. JPMorgan Chase & Co. lifted its holdings in Prestige Brand Holdings by 16.6% during the first quarter. JPMorgan Chase & Co. now owns 122,555 shares of the company’s stock worth $6,809,000 after buying an additional 17,469 shares during the period. Finally, SG Americas Securities LLC lifted its holdings in Prestige Brand Holdings by 68.6% during the first quarter. SG Americas Securities LLC now owns 12,910 shares of the company’s stock worth $717,000 after buying an additional 5,253 shares during the period. Institutional investors own 98.56% of the company’s stock.

Prestige Brand Holdings, Inc. (PBH) opened at 47.43 on Wednesday. The firm has a market capitalization of $2.51 billion, a P/E ratio of 23.42 and a beta of 1.19. Prestige Brand Holdings, Inc. has a 12 month low of $44.64 and a 12 month high of $59.63. The stock’s 50 day moving average price is $49.80 and its 200-day moving average price is $52.16.

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. Prestige Brand Holdings had a net margin of 11.70% and a return on equity of 16.06%. The firm had revenue of $256.57 million for the quarter, compared to analyst estimates of $255.64 million. During the same period last year, the business earned $0.59 EPS. Prestige Brand Holdings’s revenue for the quarter was up 22.4% compared to the same quarter last year. Equities analysts forecast that Prestige Brand Holdings, Inc. will post $2.64 earnings per share for the current year.

PBH has been the topic of a number of recent analyst reports. BidaskClub downgraded Prestige Brand Holdings from a “sell” rating to a “strong sell” rating in a research report on Wednesday, July 12th. Zacks Investment Research raised Prestige Brand Holdings from a “hold” rating to a “buy” rating and set a $57.00 price target on the stock in a research report on Thursday, July 13th. Jefferies Group LLC reaffirmed a “hold” rating and set a $54.00 price target on shares of Prestige Brand Holdings in a research report on Friday, July 14th. KeyCorp reaffirmed a “buy” rating and set a $61.00 price target on shares of Prestige Brand Holdings in a research report on Wednesday, September 6th. Finally, DA Davidson set a $79.00 price target on Prestige Brand Holdings and gave the stock a “buy” rating in a research report on Thursday, October 12th. One investment analyst has rated the stock with a sell rating, one has given a hold rating and eight have issued a buy rating to the stock. Prestige Brand Holdings currently has a consensus rating of “Buy” and an average target price of $64.14.

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

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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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