46,602 shares of the company's stock traded hands. BlackRock Inc. increased its position in shares of Spectrum Brands Holdings by 5,054.7% in the first quarter. Prudential Financial Inc. now owns 500,885 shares of the company's stock worth $24,177,000 after buying an additional 351,230 shares during the period. Norges Bank bought a new stake in shares of Prestige Brands Holdings during the fourth quarter valued at about $31,934,000. Harvest Fund Management Co. Acrospire Investment Management LLC now owns 1,000 shares of the company's stock worth $138,000 after buying an additional 600 shares during the period.
Today there are 52,936,000 shares in issue of Prestige Brands Holdings PBH which are now trading at 51.29 which brings the business's market capitalisation to 2.72B Dollars. Prestige Brands Holdings has a one year low of $44.64 and a one year high of $59.63. Hedge funds and other institutional investors have recently modified their holdings of the company. Travelers Companies Inc., a Minnesota-based fund reported 479,300 shares. (NYSE:SPB) traded down 1.16% during trading on Tuesday, reaching $129.37. The stock closed last trading session at $52.22, down by -2.47%, with a volume of 983,623 shares against an average volume for the last 30 days of 400,283.
The company's 50 day moving average is 56.18 and its 200 day moving average is 53.09. The company has market cap of $4.67 billion.
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Over the last twelve months Prestige Brands Holdings PBH's stock price has increased by 0% from 0.00 to 51.25. The company reported $1.19 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $1.26 by $0.07. The company had revenue of $1.17 billion for the quarter, compared to analyst estimates of $1.22 billion. Prestige Brands Holdings had a net margin of 8.51% and a return on equity of 16.45%. The company's revenue for the quarter was down 3.3% on a year-over-year basis. During the same period in the previous year, the company posted $0.52 earnings per share.
Prestige Brands Holdings, Inc.is engaged in the marketing, sales and distribution of over-the-counter healthcare and household cleaning products.
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 13th. The Company dividend yield observed at 5.77%. The ex-dividend date of this dividend is Friday, May 12th. Spectrum Brands Holdings has a dividend payout ratio of 28.8% indicating that its dividend is sufficiently covered by earnings. The stock of Prestige Brands Holdings, Inc. If you are viewing this piece on another website, it was stolen and reposted in violation of U.S. and global trademark and copyright legislation. The correct version of this report can be viewed at https://baseballnewssource.com/markets/brokerages-anticipate-prestige-brands-holdings-inc-pbh-to-announce-0-55-earnings-per-share-updated-updated-updated/612954.html.
PBH has been the topic of several research analyst reports. Finally, Zacks Investment Research upgraded Spectrum Brands Holdings from a "sell" rating to a "hold" rating in a report on Thursday, April 13th. Jefferies Group LLC reissued a "buy" rating and set a $167.00 target price (up previously from $160.00) on shares of Spectrum Brands Holdings in a research note on Tuesday, April 18th. Spectrum Brands Holdings has an average rating of "Buy" and an average target price of $151.63. (PBH). A frequently used tool among technical stock analysts is the moving average. The consensus recommendation by Thomson Reuters analysts is Outperform and their mean rating for the stock is 1.75 on scale of 1-5. The Company operates through three segments: North American Over-the-Counter (OTC) Healthcare; International Over-the-Counter Healthcare, and Household Cleaning.