Stevens Capital Management LP lowered its holdings in shares of Prestige Consumer Healthcare Inc (NYSE:PBH) by 82.6% in the first quarter, HoldingsChannel.com reports. The firm owned 8,162 shares of the company’s stock after selling 38,629 shares during the quarter. Stevens Capital Management LP’s holdings in Prestige Consumer Healthcare were worth $244,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other large investors have also modified their holdings of PBH. First Hawaiian Bank lifted its stake in shares of Prestige Consumer Healthcare by 218.4% in the 4th quarter. First Hawaiian Bank now owns 1,210 shares of the company’s stock worth $37,000 after acquiring an additional 830 shares during the period. FNY Investment Advisers LLC acquired a new stake in shares of Prestige Consumer Healthcare in the 4th quarter worth $37,000. Financial Gravity Wealth Inc. acquired a new stake in shares of Prestige Consumer Healthcare in the 1st quarter worth $50,000. Quadrant Capital Group LLC lifted its stake in shares of Prestige Consumer Healthcare by 2,979.3% in the 1st quarter. Quadrant Capital Group LLC now owns 1,786 shares of the company’s stock worth $53,000 after acquiring an additional 1,728 shares during the period. Finally, Captrust Financial Advisors lifted its stake in shares of Prestige Consumer Healthcare by 23.8% in the 4th quarter. Captrust Financial Advisors now owns 2,228 shares of the company’s stock worth $69,000 after acquiring an additional 428 shares during the period.
Shares of NYSE PBH traded down $0.38 during midday trading on Monday, hitting $29.65. The company had a trading volume of 7,436 shares, compared to its average volume of 424,244. The company has a quick ratio of 1.43, a current ratio of 2.37 and a debt-to-equity ratio of 1.64. Prestige Consumer Healthcare Inc has a twelve month low of $26.25 and a twelve month high of $41.76. The stock has a market capitalization of $1.56 billion, a price-to-earnings ratio of 10.67, a price-to-earnings-growth ratio of 1.71 and a beta of 0.96.
PBH has been the subject of several recent analyst reports. Zacks Investment Research cut shares of Prestige Consumer Healthcare from a “hold” rating to a “sell” rating in a research note on Friday, January 25th. Desjardins cut shares of Prestige Consumer Healthcare to a “hold” rating and set a $88.00 target price for the company. in a research note on Wednesday, February 13th. Royal Bank of Canada restated a “buy” rating and issued a $97.00 target price on shares of Prestige Consumer Healthcare in a research note on Friday, March 15th. ValuEngine upgraded shares of Prestige Consumer Healthcare from a “strong sell” rating to a “sell” rating in a research note on Monday, April 29th. Finally, TheStreet cut shares of Prestige Consumer Healthcare from a “c” rating to a “d+” rating in a research note on Friday, May 10th. One analyst has rated the stock with a sell rating, five have given a hold rating and one has issued a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus target price of $54.07.
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Prestige Consumer Healthcare Company Profile
Prestige Consumer Healthcare Inc, together with its subsidiaries, develops, manufactures, markets, distributes, and sells over-the-counter (OTC) healthcare and household cleaning products in North America, Australia, and internationally. It operates in three segments: North American OTC Healthcare, International OTC Healthcare, and Household Cleaning.
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