Prestige Brands Holdings, Inc. (PBH) Shares Bought by Swiss National Bank
Swiss National Bank increased its holdings in Prestige Brands Holdings, Inc. (NYSE:PBH) by 3.3% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 91,500 shares of the company’s stock after purchasing an additional 2,900 shares during the period. Swiss National Bank’s holdings in Prestige Brands were worth $4,064,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Dimensional Fund Advisors LP lifted its holdings in Prestige Brands by 1.3% in the 3rd quarter. Dimensional Fund Advisors LP now owns 1,867,572 shares of the company’s stock worth $93,545,000 after purchasing an additional 24,101 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in Prestige Brands by 200.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,230,714 shares of the company’s stock worth $60,685,000 after purchasing an additional 821,118 shares in the last quarter. Bank of New York Mellon Corp lifted its holdings in Prestige Brands by 1.2% in the 3rd quarter. Bank of New York Mellon Corp now owns 649,929 shares of the company’s stock worth $32,555,000 after purchasing an additional 7,521 shares in the last quarter. Macquarie Group Ltd. lifted its holdings in Prestige Brands by 13.8% in the 3rd quarter. Macquarie Group Ltd. now owns 628,579 shares of the company’s stock worth $31,486,000 after purchasing an additional 76,168 shares in the last quarter. Finally, Acadian Asset Management LLC lifted its holdings in Prestige Brands by 97.6% in the 4th quarter. Acadian Asset Management LLC now owns 534,722 shares of the company’s stock worth $23,746,000 after purchasing an additional 264,057 shares in the last quarter.
In related news, CEO Ronald M. Lombardi purchased 7,000 shares of the firm’s stock in a transaction that occurred on Monday, February 5th. The shares were bought at an average price of $35.94 per share, for a total transaction of $251,580.00. Following the acquisition, the chief executive officer now owns 138,969 shares of the company’s stock, valued at approximately $4,994,545.86. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, SVP William P’pool purchased 1,500 shares of the firm’s stock in a transaction that occurred on Monday, February 12th. The shares were bought at an average price of $33.90 per share, for a total transaction of $50,850.00. Following the acquisition, the senior vice president now directly owns 6,600 shares in the company, valued at approximately $223,740. The disclosure for this purchase can be found here. Insiders have purchased a total of 19,000 shares of company stock worth $679,575 in the last 90 days. 0.98% of the stock is currently owned by insiders.
Shares of Prestige Brands Holdings, Inc. (NYSE:PBH) opened at $35.42 on Friday. The stock has a market capitalization of $1,878.64, a P/E ratio of 14.11, a PEG ratio of 1.45 and a beta of 1.21. Prestige Brands Holdings, Inc. has a twelve month low of $32.46 and a twelve month high of $59.63. The company has a current ratio of 2.19, a quick ratio of 1.43 and a debt-to-equity ratio of 1.69.
Prestige Brands (NYSE:PBH) last released its quarterly earnings results on Thursday, February 1st. The company reported $0.70 earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.70. Prestige Brands had a return on equity of 14.14% and a net margin of 38.05%. The company had revenue of $270.62 million for the quarter, compared to analyst estimates of $270.25 million. During the same quarter in the prior year, the firm posted $0.61 EPS. Prestige Brands’s quarterly revenue was up 24.8% compared to the same quarter last year. equities research analysts predict that Prestige Brands Holdings, Inc. will post 2.58 earnings per share for the current fiscal year.
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About Prestige Brands
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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