Prestige Brands Holdings Inc. (NYSE:PBH) traded down 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 equities research analysts have recently weighed in on the company. B. Riley reissued a “buy” rating and set a $70.00 price objective on shares of Prestige Brands Holdings in a research note on Friday, May 13th. Zacks Investment Research raised Prestige Brands Holdings from a “hold” rating to a “buy” rating and set a $64.00 target price for the company in a research report on Wednesday, April 20th. Jefferies Group reaffirmed a “sell” rating and issued a $45.00 target price on shares of Prestige Brands Holdings in a research report on Thursday. Finally, Piper Jaffray Cos. reaffirmed an “outperform” rating on shares of Prestige Brands Holdings in a research report on Friday. Two research analysts have rated the stock with a sell rating and three have issued a buy rating to the company. Prestige Brands Holdings has a consensus rating of “Hold” and a consensus price target of $59.80.

The stock has a market capitalization of $2.93 billion and a PE ratio of 29.53. The stock’s 50 day moving average price is $54.14 and its 200-day moving average price is $52.47.

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

In other Prestige Brands Holdings news, VP Samuel C. Cowley sold 32,599 shares of the company’s stock in a transaction on Friday, May 27th. The shares were sold at an average price of $54.67, for a total transaction of $1,782,187.33. Following the completion of the sale, the vice president now owns 49,525 shares in the company, valued at approximately $2,707,531.75. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director John E. Byom sold 1,249 shares of the company’s stock in a transaction on Wednesday, June 8th. The shares were sold at an average price of $53.35, for a total transaction of $66,634.15. Following the sale, the director now owns 26,546 shares of the company’s stock, valued at approximately $1,416,229.10. The disclosure for this sale can be found here.

Several hedge funds have modified their holdings of the stock. Jennison Associates LLC acquired a new stake in shares of Prestige Brands Holdings during the fourth quarter valued at approximately $10,257,000. Morgan Stanley boosted its stake in shares of Prestige Brands Holdings by 110.3% in the fourth quarter. Morgan Stanley now owns 270,497 shares of the company’s stock valued at $13,925,000 after buying an additional 141,853 shares during the last quarter. Dimensional Fund Advisors LP boosted its stake in shares of Prestige Brands Holdings by 1.9% in the fourth quarter. Dimensional Fund Advisors LP now owns 3,908,778 shares of the company’s stock valued at $201,225,000 after buying an additional 74,159 shares during the last quarter. Fiduciary Management Associates LLC boosted its stake in shares of Prestige Brands Holdings by 17.2% in the fourth quarter. Fiduciary Management Associates LLC now owns 482,311 shares of the company’s stock valued at $24,830,000 after buying an additional 70,695 shares during the last quarter. Finally, Monarch Partners Asset Management LLC boosted its stake in shares of Prestige Brands Holdings by 114.7% in the fourth quarter. Monarch Partners Asset Management LLC now owns 127,413 shares of the company’s stock valued at $6,559,000 after buying an additional 68,063 shares during 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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