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Ensemble Capital Management Has Increased Its Prestige Brands Hldgs (PBH) Stake by $11.93 Million; Everett Harris & Company Increased Its Position in Wells Fargo & Co. (WFC) by $607,500

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Ensemble Capital Management Llc increased its stake in Prestige Brands Hldgs Inc (PBH) by 112.17% based on its latest 2017Q4 regulatory filing with the SEC. Ensemble Capital Management Llc bought 271,050 shares as the company’s stock declined 24.62% with the market. The institutional investor held 512,695 shares of the health care company at the end of 2017Q4, valued at $22.77 million, up from 241,645 at the end of the previous reported quarter. Ensemble Capital Management Llc who had been investing in Prestige Brands Hldgs Inc for a number of months, seems to be bullish on the $1.69B market cap company. The stock decreased 1.07% or $0.35 during the last trading session, reaching $31.81. About 211,127 shares traded. Prestige Brands Holdings, Inc. (NYSE:PBH) has declined 40.38% since April 17, 2017 and is downtrending. It has underperformed by 51.93% the S&P500.

Everett Harris & Company increased its stake in Wells Fargo & Co. (WFC) by 6.62% based on its latest 2017Q4 regulatory filing with the SEC. Everett Harris & Company bought 10,125 shares as the company’s stock declined 16.98% with the market. The institutional investor held 162,993 shares of the major banks company at the end of 2017Q4, valued at $9.89 million, up from 152,868 at the end of the previous reported quarter. Everett Harris & Company who had been investing in Wells Fargo & Co. for a number of months, seems to be bullish on the $246.52B market cap company. The stock decreased 0.43% or $0.2201 during the last trading session, reaching $50.5799. About 17.12 million shares traded. Wells Fargo & Company (NYSE:WFC) has declined 7.75% since April 17, 2017 and is downtrending. It has underperformed by 19.30% the S&P500.

Everett Harris & Company, which manages about $6.37 billion and $3.59 billion US Long portfolio, decreased its stake in Oneok Inc. (NYSE:OKE) by 7,006 shares to 183,643 shares, valued at $9.82M in 2017Q4, according to the filing. It also reduced its holding in Novo Nordisk Adr (NYSE:NVO) by 11,300 shares in the quarter, leaving it with 3.09M shares, and cut its stake in Unilever Plc Adr (NYSE:UL).

Among 39 analysts covering Wells Fargo & Company (NYSE:WFC), 15 have Buy rating, 9 Sell and 15 Hold. Therefore 38% are positive. Wells Fargo & Company had 145 analyst reports since July 29, 2015 according to SRatingsIntel. Piper Jaffray upgraded Wells Fargo & Company (NYSE:WFC) on Tuesday, April 11 to “Neutral” rating. As per Monday, February 5, the company rating was maintained by Nomura. On Friday, July 28 the stock rating was maintained by Piper Jaffray with “Hold”. Piper Jaffray maintained Wells Fargo & Company (NYSE:WFC) on Sunday, April 15 with “Hold” rating. The stock of Wells Fargo & Company (NYSE:WFC) has “Buy” rating given on Thursday, September 22 by Deutsche Bank. The stock has “Overweight” rating by Morgan Stanley on Friday, February 2. The stock has “Buy” rating by Robert W. Baird on Friday, November 10. On Friday, July 14 the stock rating was maintained by Oppenheimer with “Hold”. As per Monday, November 13, the company rating was maintained by RBC Capital Markets. Raymond James downgraded the stock to “Underperform” rating in Tuesday, October 4 report.

Since November 17, 2017, it had 0 buys, and 1 insider sale for $292,234 activity.

Investors sentiment increased to 0.75 in 2017 Q4. Its up 0.02, from 0.73 in 2017Q3. It improved, as 63 investors sold WFC shares while 746 reduced holdings. 138 funds opened positions while 466 raised stakes. 3.64 billion shares or 0.11% less from 3.65 billion shares in 2017Q3 were reported. Cumberland Partners Limited reported 43,165 shares. Oppenheimer Asset Mgmt invested 0.73% of its portfolio in Wells Fargo & Company (NYSE:WFC). Cohen Lawrence B stated it has 24,154 shares. Genesee Valley Tru stated it has 0.7% of its portfolio in Wells Fargo & Company (NYSE:WFC). Gateway Invest Advisers Ltd Company accumulated 2.46 million shares. Moreover, Marathon Trading Invest Mngmt Ltd Liability has 0.01% invested in Wells Fargo & Company (NYSE:WFC). Old Mutual (Uk) invested in 0.03% or 57,755 shares. Carret Asset Management Limited Com reported 0.49% stake. 7,010 are held by Cahill Financial Advisors Inc. First Manhattan invested in 1.53% or 4.59M shares. National Bank & Trust Of Hawaii holds 69,920 shares or 0.35% of its portfolio. Cornerstone Advsr has 103,800 shares. Amica Pension Fund Board Of Trustees reported 230,093 shares. Kayne Anderson Rudnick Inv Limited Liability Company, a California-based fund reported 4,014 shares. Hutchinson Cap Management Ca holds 370,289 shares.

Investors sentiment decreased to 1.12 in Q4 2017. Its down 0.52, from 1.64 in 2017Q3. It turned negative, as 26 investors sold PBH shares while 72 reduced holdings. 33 funds opened positions while 77 raised stakes. 59.33 million shares or 5.79% more from 56.08 million shares in 2017Q3 were reported. Ameriprise Financial reported 0.01% of its portfolio in Prestige Brands Holdings, Inc. (NYSE:PBH). Primecap Mgmt Ca reported 0% stake. Secor Advsr Lp has 0.05% invested in Prestige Brands Holdings, Inc. (NYSE:PBH). 5,155 are owned by Riverhead Capital Mngmt Ltd Liability. Guggenheim Capital Ltd Liability Corporation owns 73,553 shares. Morgan Stanley reported 204,540 shares or 0% of all its holdings. Northern Corporation accumulated 833,135 shares. Martingale Asset Mngmt Limited Partnership holds 0.03% or 50,617 shares in its portfolio. Nomura reported 15,890 shares stake. Etrade Capital Llc invested in 25,115 shares or 0.04% of the stock. 25,855 are owned by Stoneridge Prtnrs Lc. State Board Of Administration Of Florida Retirement Sys owns 30,256 shares. Moreover, Fuller And Thaler Asset Mngmt Incorporated has 0% invested in Prestige Brands Holdings, Inc. (NYSE:PBH). Huntington Bancorporation stated it has 0% in Prestige Brands Holdings, Inc. (NYSE:PBH). Quantbot Technologies Limited Partnership holds 5,712 shares.

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. Zacks upgraded the shares of PBH in report on Tuesday, August 11 to “Hold” rating. The firm has “Hold” rating by Jefferies given on Thursday, November 2. Gabelli initiated the shares of PBH in report on Thursday, November 17 with “Buy” rating. The firm earned “Buy” rating on Tuesday, December 27 by B. Riley & Co. The stock of Prestige Brands Holdings, Inc. (NYSE:PBH) earned “Outperform” rating by William Blair on Monday, December 4. The company was maintained on Thursday, October 12 by DA Davidson. The firm earned “Hold” rating on Monday, August 14 by Jefferies. The stock has “Hold” rating by Jefferies on Tuesday, September 19. Jefferies maintained it with “Hold” rating and $44 target in Wednesday, August 12 report. Jefferies reinitiated it with “Hold” rating and $54 target in Friday, June 2 report.

Ensemble Capital Management Llc, which manages about $381.11M and $550.44 million US Long portfolio, decreased its stake in Broadridge Finl Solutions In (NYSE:BR) by 21,114 shares to 480,314 shares, valued at $43.51 million in 2017Q4, according to the filing. It also reduced its holding in Tiffany & Co New (NYSE:TIF) by 41,615 shares in the quarter, leaving it with 19,800 shares, and cut its stake in Schwab Charles Corp New (NYSE:SCHW).

Prestige Brands Holdings, Inc. (NYSE:PBH) Institutional Positions Chart

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