Stock News

Olstein Capital Management LP Has Raised Its Holding in Prestige Brands Hldgs (PBH) by $2.12 Million; Alibaba Gp Hldg LTD (BABA) Holder Cortland Associates Lowered Its Holding by $11.85 Million

Prestige Brands Holdings, Inc. (NYSE:PBH) Logo

Cortland Associates Inc decreased its stake in Alibaba Gp Hldg Ltd (BABA) by 22.38% based on its latest 2017Q4 regulatory filing with the SEC. Cortland Associates Inc sold 68,904 shares as the company’s stock rose 3.18% while stock markets declined. The institutional investor held 238,999 shares of the business services company at the end of 2017Q4, valued at $41.21M, down from 307,903 at the end of the previous reported quarter. Cortland Associates Inc who had been investing in Alibaba Gp Hldg Ltd for a number of months, seems to be less bullish one the $502.15B market cap company. The stock decreased 0.45% or $0.88 during the last trading session, reaching $195.43. About 13.78 million shares traded. Alibaba Group Holding Limited (NYSE:BABA) has risen 68.29% since May 10, 2017 and is uptrending. It has outperformed by 56.74% the S&P500.

Olstein Capital Management Lp increased its stake in Prestige Brands Hldgs Inc (PBH) by 80.5% based on its latest 2017Q4 regulatory filing with the SEC. Olstein Capital Management Lp bought 48,100 shares as the company’s stock declined 24.62% with the market. The institutional investor held 107,850 shares of the health care company at the end of 2017Q4, valued at $4.79 million, up from 59,750 at the end of the previous reported quarter. Olstein Capital Management Lp who had been investing in Prestige Brands Hldgs Inc for a number of months, seems to be bullish on the $1.51B market cap company. The stock decreased 2.10% or $0.61 during the last trading session, reaching $28.49. About 1.12 million shares traded or 49.15% up from the average. Prestige Brands Holdings, Inc. (NYSE:PBH) has declined 40.38% since May 10, 2017 and is downtrending. It has underperformed by 51.93% the S&P500.

Cortland Associates Inc, which manages about $580.00 million and $548.87M US Long portfolio, upped its stake in Alphabet Inc Class C by 481 shares to 18,040 shares, valued at $18.88M in 2017Q4, according to the filing. It also increased its holding in Danaher Corp (NYSE:DHR) by 13,050 shares in the quarter, for a total of 462,459 shares, and has risen its stake in Perrigo Co Plc (NYSE:PRGO).

More notable recent Alibaba Group Holding Limited (NYSE:BABA) news were published by: Benzinga.com which released: “Citron Says Alibaba Is ‘On Its Way To $250′” on May 02, 2018, also Seekingalpha.com with their article: “Alibaba Faces A New Formidable Challenger” published on April 17, 2018, Livetradingnews.com published: “Alibaba Group Holding Limited (NYSE:BABA) Heffx Stock Technicals” on May 08, 2018. More interesting news about Alibaba Group Holding Limited (NYSE:BABA) were released by: Seekingalpha.com and their article: “Alibaba: It Just Keeps Getting Better” published on April 24, 2018 as well as Benzinga.com‘s news article titled: “Upcoming Earnings: Alibaba Reports Before Market Open On Friday” with publication date: May 03, 2018.

Among 39 analysts covering Alibaba (NYSE:BABA), 37 have Buy rating, 1 Sell and 1 Hold. Therefore 95% are positive. Alibaba had 177 analyst reports since August 12, 2015 according to SRatingsIntel. Suntrust Robinson maintained it with “Buy” rating and $110 target in Friday, August 12 report. As per Wednesday, October 28, the company rating was maintained by RBC Capital Markets. RBC Capital Markets maintained Alibaba Group Holding Limited (NYSE:BABA) on Friday, August 18 with “Outperform” rating. The stock of Alibaba Group Holding Limited (NYSE:BABA) has “Outperform” rating given on Friday, August 18 by Macquarie Research. Jefferies maintained it with “Buy” rating and $160.0 target in Wednesday, September 20 report. The rating was downgraded by Atlantic Securities on Thursday, August 13 to “Overweight”. The stock of Alibaba Group Holding Limited (NYSE:BABA) has “Accumulate” rating given on Monday, January 9 by Standpoint Research. The rating was maintained by Barclays Capital on Tuesday, October 31 with “Overweight”. The firm earned “Buy” rating on Thursday, January 21 by Standpoint Research. The rating was maintained by Needham on Friday, February 2 with “Buy”.

More notable recent Prestige Brands Holdings, Inc. (NYSE:PBH) news were published by: Benzinga.com which released: “22 Stocks Moving In Wednesday’s Pre-Market Session” on May 09, 2018, also Globenewswire.com with their article: “Prestige Brands Holdings, Inc. Reports Fiscal 2018 Fourth Quarter and Full Year Results; Provides Fiscal 2019 Outlook” published on May 10, 2018, Benzinga.com published: “Earnings Scheduled For May 10, 2018” on May 10, 2018. More interesting news about Prestige Brands Holdings, Inc. (NYSE:PBH) were released by: Seekingalpha.com and their article: “Merck Is Inexpensive – Cramer’s Lightning Round (5/7/18)” published on May 08, 2018 as well as Streetinsider.com‘s news article titled: “Prestige Brands (PBH) Tops Q4 EPS by 1c, Slight Beat on Revenues” with publication date: May 10, 2018.

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. As per Tuesday, December 27, the company rating was maintained by B. Riley & Co. The firm has “Neutral” rating by DA Davidson given on Monday, February 5. Jefferies maintained Prestige Brands Holdings, Inc. (NYSE:PBH) rating on Wednesday, August 12. Jefferies has “Hold” rating and $44 target. Jefferies maintained the shares of PBH in report on Monday, August 14 with “Hold” rating. Sidoti upgraded Prestige Brands Holdings, Inc. (NYSE:PBH) on Friday, August 12 to “Buy” rating. On Monday, May 22 the stock rating was upgraded by Raymond James to “Outperform”. The firm has “Outperform” rating given on Wednesday, November 15 by BMO Capital Markets. The stock has “Hold” rating by Jefferies on Tuesday, September 19. The company was initiated on Friday, February 5 by Piper Jaffray. The stock has “Outperform” rating by William Blair on Monday, December 4.

Investors sentiment decreased to 1.12 in Q4 2017. Its down 0.52, from 1.64 in 2017Q3. It is 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. Kennedy Cap Mngmt owns 317,868 shares or 0.25% of their US portfolio. 27,357 are owned by Secor Advsr Ltd Partnership. Evercore Wealth Mgmt Ltd Liability Corp holds 50 shares or 0% of its portfolio. North Star Asset Management invested 0.33% in Prestige Brands Holdings, Inc. (NYSE:PBH). New Mexico Educational Retirement Board owns 13,100 shares for 0.02% of their portfolio. California Public Employees Retirement Systems reported 126,994 shares stake. Fuller & Thaler Asset Mngmt Incorporated has 0% invested in Prestige Brands Holdings, Inc. (NYSE:PBH). Panagora Asset Mngmt reported 3,071 shares. Victory Capital holds 5,747 shares. Ajo Ltd Partnership stated it has 68,809 shares or 0.01% of all its holdings. Barclays Public Limited Liability holds 0% or 14,562 shares in its portfolio. Raymond James & Associates accumulated 44,949 shares. Cortina Asset Mngmt Limited Liability Corp owns 336,992 shares. Riverhead Capital Mngmt Lc holds 5,155 shares or 0.01% of its portfolio. State Treasurer State Of Michigan stated it has 19,100 shares.

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

Leave a Reply

Your email address will not be published. Required fields are marked *