Suffolk Capital Management LLC cut its stake in Prestige Brand Holdings, Inc. (NYSE:PBH) by 29.7% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 25,534 shares of the company’s stock after selling 10,785 shares during the period. Suffolk Capital Management LLC’s holdings in Prestige Brand Holdings were worth $1,279,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the company. Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in Prestige Brand Holdings by 10.9% during 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 last quarter. First Mercantile Trust Co. lifted its position 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 in the last quarter. PNC Financial Services Group Inc. lifted its position in shares of Prestige Brand Holdings by 90.4% in the 2nd quarter. PNC Financial Services Group Inc. now owns 2,222 shares of the company’s stock valued at $117,000 after acquiring an additional 1,055 shares in the last quarter. Advisor Group Inc. lifted its position in shares of Prestige Brand Holdings by 33.2% in the 2nd quarter. Advisor Group Inc. now owns 2,285 shares of the company’s stock valued at $120,000 after acquiring an additional 570 shares in the last quarter. Finally, Riverhead Capital Management LLC lifted its position 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 in the last quarter. Institutional investors and hedge funds own 98.56% of the company’s stock.

Several brokerages recently commented on PBH. KeyCorp set a $61.00 price target on shares of Prestige Brand Holdings and gave the company a “buy” rating in a research report on Monday, October 16th. Jefferies Group LLC restated a “hold” rating and issued a $55.00 price target (up previously from $54.00) on shares of Prestige Brand Holdings in a research report on Monday, October 2nd. Zacks Investment Research lowered shares of Prestige Brand Holdings from a “buy” rating to a “hold” rating in a research note on Wednesday, August 2nd. BidaskClub upgraded shares of Prestige Brand Holdings from a “strong sell” rating to a “sell” rating in a research note on Monday, July 31st. Finally, DA Davidson set a $79.00 price target on shares of Prestige Brand Holdings and gave the stock a “buy” rating in a research note on Thursday, October 12th. Two research analysts have rated the stock with a sell rating, one has issued a hold rating and seven have issued a buy rating to the stock. Prestige Brand Holdings presently has an average rating of “Buy” and an average price target of $63.43.

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Prestige Brand Holdings, Inc. (NYSE PBH) traded down $0.36 during trading on Friday, reaching $40.63. 548,500 shares of the company traded hands, compared to its average volume of 415,080. Prestige Brand Holdings, Inc. has a twelve month low of $40.53 and a twelve month high of $59.63. The company has a market cap of $2,174.06, a price-to-earnings ratio of 16.94, a price-to-earnings-growth ratio of 1.66 and a beta of 1.19. The company has a quick ratio of 1.32, a current ratio of 2.06 and a debt-to-equity ratio of 2.34.

Prestige Brand Holdings (NYSE:PBH) last announced its quarterly earnings results on Thursday, November 2nd. The company reported $0.61 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.66 by ($0.05). The company had revenue of $258.00 million during the quarter, compared to the consensus estimate of $267.12 million. Prestige Brand Holdings had a net margin of 11.03% and a return on equity of 15.32%. The business’s quarterly revenue was up 19.9% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.63 EPS. research analysts anticipate that Prestige Brand Holdings, Inc. will post 2.62 EPS for the current fiscal year.

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.

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

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