Prestige Brands Holdings Incorporated (NYSE:PBH) Could Improve Your Long Portfolio After Less Shorts Reported

February 17, 2018 - By Clifton Ray

 Prestige Brands Holdings Incorporated (NYSE:PBH) Could Improve Your Long Portfolio After Less Shorts Reported

Investors sentiment increased to 1.64 in 2017 Q3. Its up 0.34, from 1.3 in 2017Q2. It increased, as 19 investors sold Prestige Brands Holdings, Inc. shares while 57 reduced holdings. 32 funds opened positions while 93 raised stakes. 56.08 million shares or 5.89% more from 52.96 million shares in 2017Q2 were reported.
Rhumbline Advisers, a Massachusetts-based fund reported 125,247 shares. Raymond James Assocs holds 0% of its portfolio in Prestige Brands Holdings, Inc. (NYSE:PBH) for 45,115 shares. Mutual Of America Mgmt has 92,486 shares for 0.08% of their portfolio. Pettee accumulated 0.36% or 11,218 shares. Group Inc One Trading Lp owns 0% invested in Prestige Brands Holdings, Inc. (NYSE:PBH) for 903 shares. Fortaleza Asset Mngmt accumulated 2,685 shares. Tudor Investment Corporation Et Al reported 5,714 shares. Ahl Ptnrs Limited Liability Partnership, a United Kingdom-based fund reported 11,895 shares. Victory Cap Mgmt has invested 0% in Prestige Brands Holdings, Inc. (NYSE:PBH). Manufacturers Life The accumulated 116,007 shares. Numeric Investors Limited Liability accumulated 0.06% or 152,800 shares. Principal Financial Grp reported 734,272 shares stake. American Century holds 0.01% or 177,899 shares. 129,070 are owned by Nationwide Fund Advsr. Aristotle Capital Boston Limited Com accumulated 215,663 shares or 0.97% of the stock.

The stock of Prestige Brands Holdings Incorporated (NYSE:PBH) registered a decrease of 11.68% in short interest. PBH’s total short interest was 7.71M shares in February as published by FINRA. Its down 11.68% from 8.72M shares, reported previously. With 489,000 shares average volume, it will take short sellers 16 days to cover their PBH’s short positions. The short interest to Prestige Brands Holdings Incorporated’s float is 15.56%.

The stock increased 1.12% or $0.39 during the last trading session, reaching $35.21. About 601,769 shares traded. Prestige Brands Holdings, Inc. (NYSE:PBH) has declined 8.57% since February 17, 2017 and is downtrending. It has underperformed by 25.27% the S&P500.

Prestige Brands Holdings, Inc., through its subsidiaries, markets, sells, makes, and distributes over-the-counter healthcare and household cleaning products in North America, Australia, and internationally. The company has market cap of $1.87 billion. It operates through North American OTC Healthcare, International OTC Healthcare, and Household Cleaning divisions. It has a 4.83 P/E ratio. The companyÂ’s OTC healthcare products include Chloraseptic sore throat treatments and mouth pain products, Clear Eyes eye care products, Compound W wart removers, Dramamine Non-Drowsy naturals, Efferdent denture cleansers, Luden's throat drops, BC and Goody's analgesic powders, Beano for gas prevention, Debrox for ear wax removal, and Gaviscon for upset stomach remedies.

Prestige Brands Holdings, Inc. (NYSE:PBH) Ratings Coverage

Among 10 analysts covering Prestige Brands Holdings (NYSE:PBH), 8 have Buy rating, 0 Sell and 2 Hold. Therefore 80% are positive. Prestige Brands Holdings had 24 analyst reports since August 11, 2015 according to SRatingsIntel. On Friday, February 2 the stock rating was downgraded by DA Davidson to “Hold”. On Tuesday, August 11 the stock rating was upgraded by Zacks to “Hold”. The stock of Prestige Brands Holdings, Inc. (NYSE:PBH) has “Outperform” rating given on Monday, December 4 by William Blair. The stock of Prestige Brands Holdings, Inc. (NYSE:PBH) has “Neutral” rating given on Monday, February 5 by DA Davidson. The stock of Prestige Brands Holdings, Inc. (NYSE:PBH) earned “Buy” rating by Gabelli on Thursday, November 17. On Monday, May 22 the stock rating was upgraded by Raymond James to “Outperform”. On Tuesday, December 27 the stock rating was maintained by B. Riley & Co with “Buy”. The stock has “Hold” rating by Jefferies on Tuesday, September 19. Jefferies reinitiated the shares of PBH in report on Friday, June 2 with “Hold” rating. On Friday, August 12 the stock rating was upgraded by Sidoti to “Buy”.

More news for Prestige Brands Holdings, Inc. (NYSE:PBH) were recently published by: Nasdaq.com, which released: “Oversold Conditions For Prestige Brands Holdings” on January 30, 2018. Seekingalpha.com‘s article titled: “Prestige Brands Holdings’ (PBH) CEO Ronald Lombardi on Q3 2018 Results …” and published on February 01, 2018 is yet another important article.

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