Prestige Brands Holdings Inc. (NYSE:PBH) fell 2% on Friday . The stock traded as low as $55.24 and last traded at $55.26, with a volume of 134,185 shares traded. The stock had previously closed at $56.38.

Several brokerages have recently weighed in on PBH. Jefferies Group reaffirmed a “sell” rating on shares of Prestige Brands Holdings in a research report on Saturday, May 14th. B. Riley reaffirmed a “buy” rating and issued a $70.00 target price on shares of Prestige Brands Holdings in a research report on Saturday, June 18th. Zacks Investment Research raised Prestige Brands Holdings from a “hold” rating to a “buy” rating and set a $61.00 target price for the company in a research report on Thursday, April 7th. Finally, Piper Jaffray Cos. reaffirmed an “outperform” rating on shares of Prestige Brands Holdings in a research report on Friday. Two analysts have rated the stock with a sell rating and three have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average price target of $59.80.

The company has a 50-day moving average of $54.12 and a 200-day moving average of $52.44. The firm has a market cap of $2.93 billion and a price-to-earnings ratio of 29.53.

Prestige Brands Holdings (NYSE:PBH) last released its earnings results on Thursday, May 12th. The company reported $0.52 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.49 by $0.03. The business earned $207.90 million during the quarter, compared to analysts’ expectations of $194.84 million. Prestige Brands Holdings’s revenue for the quarter was up 9.4% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.47 EPS. On average, equities analysts forecast that Prestige Brands Holdings Inc. will post $2.33 EPS for the current year.

In other news, VP Samuel C. Cowley sold 32,599 shares of the stock in a transaction on Friday, May 27th. The stock was sold at an average price of $54.67, for a total value of $1,782,187.33. Following the completion of the sale, the vice president now owns 49,525 shares in the company, valued at $2,707,531.75. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, VP John Parkinson sold 25,143 shares of the stock in a transaction on Wednesday, June 8th. The shares were sold at an average price of $53.57, for a total value of $1,346,910.51. Following the completion of the sale, the vice president now owns 76,255 shares of the company’s stock, valued at approximately $4,084,980.35. The disclosure for this sale can be found here.

Several hedge funds have recently made changes to their positions in the company. Comerica Bank raised its stake in shares of Prestige Brands Holdings by 0.9% in the fourth quarter. Comerica Bank now owns 54,485 shares of the company’s stock valued at $2,566,000 after buying an additional 499 shares in the last quarter. Nationwide Fund Advisors raised its stake in shares of Prestige Brands Holdings by 1.3% in the fourth quarter. Nationwide Fund Advisors now owns 42,726 shares of the company’s stock valued at $2,200,000 after buying an additional 558 shares in the last quarter. New York State Common Retirement Fund raised its stake in shares of Prestige Brands Holdings by 1.0% in the fourth quarter. New York State Common Retirement Fund now owns 91,250 shares of the company’s stock valued at $4,698,000 after buying an additional 865 shares in the last quarter. California State Teachers Retirement System raised its stake in shares of Prestige Brands Holdings by 1.6% in the fourth quarter. California State Teachers Retirement System now owns 96,955 shares of the company’s stock valued at $4,991,000 after buying an additional 1,543 shares in the last quarter. Finally, Rhumbline Advisers raised its stake in shares of Prestige Brands Holdings by 9.1% in the fourth quarter. Rhumbline Advisers now owns 70,361 shares of the company’s stock valued at $3,622,000 after buying an additional 5,895 shares in the last quarter.

Prestige Brands Holdings, Inc (Prestige) is a holding company. The Company is engaged in the marketing, sales and distribution of brand name, over-the-counter (OTC) healthcare and household cleaning products to mass merchandisers, drug stores, supermarkets, and club, convenience, and dollar stores in North America (the United States and Canada), and in Australia and certain other international markets.

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