Shares of Prestige Brands Holdings Inc. (NYSE:PBH) traded up 5.8% on Friday . The company traded as high as $50.53 and last traded at $50.06, with a volume of 758,088 shares. The stock had previously closed at $47.31.

PBH has been the topic of a number of recent research reports. B. Riley reaffirmed a “buy” rating and issued a $70.00 target price on shares of Prestige Brands Holdings in a report on Friday, May 13th. Zacks Investment Research raised shares of Prestige Brands Holdings from a “hold” rating to a “buy” rating and set a $64.00 target price on the stock in a 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 report on Thursday, July 14th. Finally, Piper Jaffray Cos. reaffirmed an “outperform” rating on shares of Prestige Brands Holdings in a report on Friday, July 15th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and four have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average price target of $59.80.

The stock has a market cap of $2.65 billion and a P/E ratio of 38.850. The stock’s 50-day moving average is $53.77 and its 200 day moving average is $52.99.

Prestige Brands Holdings (NYSE:PBH) last released its quarterly earnings results on Thursday, August 4th. The company reported $0.59 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.55 by $0.04. The company earned $209.60 million during the quarter, compared to analysts’ expectations of $208.18 million. During the same quarter in the prior year, the company earned $0.52 EPS. The firm’s revenue was up 9.1% compared to the same quarter last year. Equities analysts anticipate that Prestige Brands Holdings Inc. will post $2.35 earnings per share for the current fiscal year.

In other Prestige Brands Holdings news, Director John E. Byom sold 1,249 shares of the company’s stock in a transaction that occurred on Wednesday, June 8th. The stock was sold at an average price of $53.35, for a total value of $66,634.15. Following the completion of the transaction, the director now owns 26,546 shares in the company, valued at approximately $1,416,229.10. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, VP Samuel C. Cowley sold 32,599 shares of the company’s stock in a transaction that occurred 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 transaction, the vice president now owns 49,525 shares of the company’s stock, valued at approximately $2,707,531.75. The disclosure for this sale can be found here.

Several institutional investors have added to or reduced their stakes in the stock. New York State Common Retirement Fund boosted its position in 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 during the period. Dimensional Fund Advisors LP boosted its position in 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 period. Advisors Asset Management Inc. boosted its position in Prestige Brands Holdings by 63.7% in the fourth quarter. Advisors Asset Management Inc. now owns 37,394 shares of the company’s stock valued at $1,925,000 after buying an additional 14,546 shares during the period. Wells Fargo & Company MN boosted its position in Prestige Brands Holdings by 3.2% in the fourth quarter. Wells Fargo & Company MN now owns 293,003 shares of the company’s stock valued at $15,084,000 after buying an additional 9,001 shares during the period. Finally, State of Tennessee Treasury Department acquired a new position in Prestige Brands Holdings during the fourth quarter valued at approximately $2,116,000.

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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