United Services Automobile Association Boosts Stock Holdings in Prestige Consumer Healthcare Inc (NYSE:PBH)

United Services Automobile Association boosted its stake in shares of Prestige Consumer Healthcare Inc (NYSE:PBH) by 4.0% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 24,270 shares of the company’s stock after acquiring an additional 929 shares during the period. United Services Automobile Association’s holdings in Prestige Consumer Healthcare were worth $769,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of the stock. Arizona State Retirement System grew its stake in shares of Prestige Consumer Healthcare by 1.1% in the 2nd quarter. Arizona State Retirement System now owns 37,594 shares of the company’s stock worth $1,191,000 after buying an additional 400 shares in the last quarter. Pitcairn Co. grew its stake in shares of Prestige Consumer Healthcare by 5.2% in the 2nd quarter. Pitcairn Co. now owns 12,236 shares of the company’s stock worth $388,000 after buying an additional 608 shares in the last quarter. Diversified Trust Co grew its stake in shares of Prestige Consumer Healthcare by 8.2% in the 2nd quarter. Diversified Trust Co now owns 8,575 shares of the company’s stock worth $272,000 after buying an additional 650 shares in the last quarter. Flinton Capital Management LLC grew its stake in shares of Prestige Consumer Healthcare by 20.6% in the 2nd quarter. Flinton Capital Management LLC now owns 8,816 shares of the company’s stock worth $279,000 after buying an additional 1,504 shares in the last quarter. Finally, Natixis Advisors L.P. grew its stake in shares of Prestige Consumer Healthcare by 2.5% in the 2nd quarter. Natixis Advisors L.P. now owns 70,460 shares of the company’s stock worth $2,232,000 after buying an additional 1,730 shares in the last quarter.

PBH has been the subject of a number of recent research reports. ValuEngine raised shares of Prestige Consumer Healthcare from a “strong sell” rating to a “sell” rating in a research note on Friday, July 26th. TheStreet raised shares of Prestige Consumer Healthcare from a “d+” rating to a “c-” rating in a research note on Tuesday, July 23rd. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and one has issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average target price of $61.07.

Prestige Consumer Healthcare stock opened at $35.30 on Friday. The firm has a 50-day moving average price of $33.73 and a 200-day moving average price of $31.45. The firm has a market capitalization of $1.81 billion, a PE ratio of 12.70, a price-to-earnings-growth ratio of 1.94 and a beta of 0.89. The company has a current ratio of 2.16, a quick ratio of 1.26 and a debt-to-equity ratio of 1.63. Prestige Consumer Healthcare Inc has a 12-month low of $26.25 and a 12-month high of $41.76.

Prestige Consumer Healthcare (NYSE:PBH) last released its earnings results on Thursday, August 1st. The company reported $0.65 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.64 by $0.01. The firm had revenue of $232.15 million during the quarter, compared to analyst estimates of $231.52 million. Prestige Consumer Healthcare had a negative net margin of 3.81% and a positive return on equity of 12.45%. The business’s revenue was down 8.6% on a year-over-year basis. During the same quarter last year, the business earned $0.68 EPS. As a group, sell-side analysts predict that Prestige Consumer Healthcare Inc will post 2.82 earnings per share for the current fiscal year.

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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