Trexquant Investment LP acquired a new stake in Prestige Brand Holdings, Inc. (NYSE:PBH) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 5,300 shares of the company’s stock, valued at approximately $280,000.

A number of other large investors have also recently bought and sold shares of the company. Bank of Montreal Can boosted its stake in Prestige Brand Holdings by 790.8% in the first quarter. Bank of Montreal Can now owns 47,550 shares of the company’s stock valued at $2,642,000 after buying an additional 42,212 shares during the last quarter. Capstone Asset Management Co. boosted its stake in Prestige Brand Holdings by 5.8% in the first quarter. Capstone Asset Management Co. now owns 6,036 shares of the company’s stock valued at $335,000 after buying an additional 330 shares during the last quarter. Louisiana State Employees Retirement System boosted its stake in Prestige Brand Holdings by 2.3% in the first quarter. Louisiana State Employees Retirement System now owns 13,400 shares of the company’s stock valued at $745,000 after buying an additional 300 shares during the last quarter. Retirement Systems of Alabama boosted its stake in Prestige Brand Holdings by 44.9% in the first quarter. Retirement Systems of Alabama now owns 99,041 shares of the company’s stock valued at $5,503,000 after buying an additional 30,686 shares during the last quarter. Finally, First Manhattan Co. boosted its stake in Prestige Brand Holdings by 1.5% in the first quarter. First Manhattan Co. now owns 597,755 shares of the company’s stock valued at $28,853,000 after buying an additional 8,950 shares during the last quarter. Institutional investors own 97.88% of the company’s stock.

Prestige Brand Holdings, Inc. (PBH) opened at 50.57 on Friday. The firm has a market capitalization of $2.68 billion, a PE ratio of 24.97 and a beta of 1.18. The stock’s 50 day moving average price is $51.90 and its 200 day moving average price is $54.05. Prestige Brand Holdings, Inc. has a one year low of $44.64 and a one year high of $59.63.

Prestige Brand Holdings (NYSE:PBH) last issued its quarterly earnings data on Thursday, August 3rd. The company reported $0.66 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.63 by $0.03. Prestige Brand Holdings had a net margin of 11.70% and a return on equity of 16.06%. The business had revenue of $256.57 million during the quarter, compared to analysts’ expectations of $255.64 million. During the same period last year, the company posted $0.59 EPS. The company’s revenue was up 22.4% on a year-over-year basis. Analysts expect that Prestige Brand Holdings, Inc. will post $2.64 EPS for the current year.

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PBH has been the topic of several research analyst reports. DA Davidson reiterated a “buy” rating and issued a $79.00 price objective on shares of Prestige Brand Holdings in a report on Monday, May 8th. Jefferies Group LLC lowered their price objective on Prestige Brand Holdings from $49.00 to $45.00 and set an “underperform” rating on the stock in a report on Friday, May 12th. UBS AG upgraded Prestige Brand Holdings from a “market perform” rating to an “outperform” rating in a report on Monday, May 22nd. Raymond James Financial, Inc. upgraded Prestige Brand Holdings from a “market perform” rating to an “outperform” rating and set a $55.00 price objective on the stock in a report on Monday, May 22nd. Finally, Zacks Investment Research upgraded Prestige Brand Holdings from a “sell” rating to a “hold” rating in a report on Wednesday, June 7th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and seven have issued a buy rating to the company. Prestige Brand Holdings currently has an average rating of “Buy” and a consensus target price of $64.50.

In other news, SVP Jean A. Boyko sold 12,876 shares of the firm’s stock in a transaction that occurred on Wednesday, August 9th. The shares were sold at an average price of $52.12, for a total transaction of $671,097.12. Following the completion of the transaction, the senior vice president now directly owns 26,566 shares of the company’s stock, valued at approximately $1,384,619.92. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Company insiders own 0.98% of the company’s stock.

Prestige Brand Holdings Company Profile

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

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