Texas Permanent School Fund Has $1.05 Million Stake in Prestige Consumer Healthcare Inc (PBH)

Texas Permanent School Fund raised its holdings in shares of Prestige Consumer Healthcare Inc (NYSE:PBH) by 4.0% in the 4th quarter, HoldingsChannel reports. The fund owned 33,857 shares of the company’s stock after buying an additional 1,306 shares during the quarter. Texas Permanent School Fund’s holdings in Prestige Consumer Healthcare were worth $1,046,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the company. BlackRock Inc. boosted its position in shares of Prestige Consumer Healthcare by 4.0% during the 4th quarter. BlackRock Inc. now owns 6,457,359 shares of the company’s stock worth $199,402,000 after acquiring an additional 248,243 shares in the last quarter. Dimensional Fund Advisors LP boosted its position in shares of Prestige Consumer Healthcare by 13.4% in the 3rd quarter. Dimensional Fund Advisors LP now owns 3,629,692 shares of the company’s stock valued at $137,530,000 after purchasing an additional 429,978 shares during the period. JPMorgan Chase & Co. boosted its position in shares of Prestige Consumer Healthcare by 9.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 3,030,923 shares of the company’s stock valued at $114,842,000 after purchasing an additional 255,561 shares during the period. Acadian Asset Management LLC boosted its position in shares of Prestige Consumer Healthcare by 23.3% in the 4th quarter. Acadian Asset Management LLC now owns 1,235,502 shares of the company’s stock valued at $38,153,000 after purchasing an additional 233,793 shares during the period. Finally, Macquarie Group Ltd. boosted its position in shares of Prestige Consumer Healthcare by 26.7% in the 3rd quarter. Macquarie Group Ltd. now owns 1,229,755 shares of the company’s stock valued at $46,595,000 after purchasing an additional 259,248 shares during the period.

PBH opened at $28.32 on Friday. The company has a quick ratio of 1.34, a current ratio of 2.28 and a debt-to-equity ratio of 1.49. The company has a market cap of $1.47 billion, a price-to-earnings ratio of 10.98, a P/E/G ratio of 1.56 and a beta of 0.98. Prestige Consumer Healthcare Inc has a 52 week low of $26.25 and a 52 week high of $41.76.

Prestige Consumer Healthcare (NYSE:PBH) last posted its quarterly earnings data on Thursday, February 7th. The company reported $0.73 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.71 by $0.02. The firm had revenue of $241.40 million during the quarter, compared to the consensus estimate of $241.40 million. Prestige Consumer Healthcare had a return on equity of 11.85% and a net margin of 6.44%. The firm’s revenue was down 10.8% compared to the same quarter last year. During the same period in the prior year, the business earned $0.70 EPS. On average, equities research analysts expect that Prestige Consumer Healthcare Inc will post 2.77 earnings per share for the current fiscal year.

A number of analysts recently issued reports on PBH shares. Zacks Investment Research raised Prestige Consumer Healthcare from a “hold” rating to a “buy” rating and set a $35.00 target price for the company in a research report on Wednesday, January 2nd. ValuEngine cut Prestige Consumer Healthcare from a “sell” rating to a “strong sell” rating in a research report on Thursday, January 10th. Raymond James cut Prestige Consumer Healthcare from an “outperform” rating to a “market perform” rating and set a $28.40 target price for the company. in a research report on Tuesday, January 15th. Desjardins cut Prestige Consumer Healthcare to a “hold” rating and set a $88.00 target price for the company. in a research report on Wednesday, February 13th. Finally, Royal Bank of Canada reissued a “buy” rating and issued a $97.00 target price on shares of Prestige Consumer Healthcare in a research report on Friday. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating and one has assigned a buy rating to the stock. Prestige Consumer Healthcare has an average rating of “Hold” and a consensus price target of $54.07.

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About Prestige Consumer Healthcare

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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Institutional Ownership by Quarter for Prestige Consumer Healthcare (NYSE:PBH)

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