As Prestige Brands Holdings (PBH) Valuation Declined, Champlain Investment Partners Has Lifted Its Position by $21.37 Million; Southern Co (SO) Holder Rand Wealth Has Lifted Holding

June 12, 2018 - By Kurt Siggers

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Rand Wealth Llc increased its stake in Southern Co (SO) by 16.4% based on its latest 2018Q1 regulatory filing with the SEC. Rand Wealth Llc bought 6,907 shares as the company’s stock rose 1.11% while stock markets declined. The institutional investor held 49,032 shares of the central company at the end of 2018Q1, valued at $2.19M, up from 42,125 at the end of the previous reported quarter. Rand Wealth Llc who had been investing in Southern Co for a number of months, seems to be bullish on the $43.84 billion market cap company. The stock increased 1.16% or $0.495 during the last trading session, reaching $43.335. About 3.44 million shares traded. The Southern Company (NYSE:SO) has declined 11.84% since June 12, 2017 and is downtrending. It has underperformed by 24.41% the S&P500. Some Historical SO News: 21/05/2018 – NextEra Energy Reaches Definitive Agreements to Acquire Gulf Power, Florida City Gas and Additional Assets From Southern Co; 21/05/2018 – SOUTHERN SEES DEAL ADDING 4C TO 5C TO EPS OVER TIME; 11/05/2018 – SOUTHERN CO RAISES FARLEY 1 REACTOR TO 13% POWER FROM 0%: NRC; 02/05/2018 – Southern’s Profit Gets Boost From Tax Law Changes — Earnings Review; 07/05/2018 – GEORGIA POWER – EXPECTS TO FUND PURCHASE PRICE OF ANY NOTES PURCHASED USING CASH ON HAND OR AVAILABLE LIQUIDITY; 02/05/2018 – LOWER TAXES FUELING ECONOMY, DRIVING DEMAND FOR POWER: SOUTHERN; 15/05/2018 – Dominion seeks U.S. OK to work on Atlantic Coast natgas pipe in N.C; 09/04/2018 – Southern Co. ‘In Great Shape’ to Explore Nuclear Power Options, Says CEO (Video); 17/04/2018 – SOUTHERN CO – ANDREW W. EVANS WILL BECOME EXECUTIVE VICE PRESIDENT AND CHIEF FINANCIAL OFFICER OF SOUTHERN COMPANY; 09/04/2018 – MEDIA-Southern Co nears sale of one-third stake in its solar portfolio – Bloomberg




Champlain Investment Partners Llc increased its stake in Prestige Brands Holdings Inc. (PBH) by 57.47% based on its latest 2018Q1 regulatory filing with the SEC. Champlain Investment Partners Llc bought 647,440 shares as the company’s stock declined 4.44% with the market. The institutional investor held 1.77 million shares of the health care company at the end of 2018Q1, valued at $59.82M, up from 1.13 million at the end of the previous reported quarter. Champlain Investment Partners Llc who had been investing in Prestige Brands Holdings Inc. for a number of months, seems to be bullish on the $1.88B market cap company. The stock decreased 0.28% or $0.1 during the last trading session, reaching $35.39. About 376,392 shares traded. Prestige Brands Holdings, Inc. (NYSE:PBH) has declined 30.94% since June 12, 2017 and is downtrending. It has underperformed by 43.51% the S&P500. Some Historical PBH News: 19/03/2018 – PRESTIGE BRANDS HOLDINGS INC – ACTIONS EXPECTED TO HAVE IMMATERIAL EPS IMPACT TO FISCAL 2019; 10/05/2018 – Prestige Brands Sees FY19 EPS $2.96-EPS $3.04; 19/03/2018 – Prestige Brands: Actions Expected to Have Immaterial EPS Impact to Fiscal 2019; 16/03/2018 – S&PGRBulletin: Prestige Brands Rtgs Unaffected By Notes Add-On; 19/04/2018 – DJ Prestige Brands Holdings Inc, Inst Holders, 1Q 2018 (PBH); 16/05/2018 – DEEP ECO: Prestige Brands May Benefit, Industry Best in 22 Mos; 10/05/2018 – Prestige Brands Board Authorizes New $50M Share-Repurchase Program; 10/05/2018 – Prestige Brands 4Q Adj EPS 62c; 19/03/2018 – PRESTIGE BRANDS REPORTS SUCCESSFUL REPRICING OF TERM LOAN; 12/03/2018 TIMING: PRESTIGE BRANDS SETS MARCH 13 10:30AM ET CALL VIA MS

Investors sentiment increased to 1.25 in 2018 Q1. Its up 0.13, from 1.12 in 2017Q4. It increased, as 28 investors sold PBH shares while 65 reduced holdings. 36 funds opened positions while 80 raised stakes. 62.22 million shares or 4.87% more from 59.33 million shares in 2017Q4 were reported. Australia-based Macquarie Group Ltd has invested 0.05% in Prestige Brands Holdings, Inc. (NYSE:PBH). Dupont Capital Mgmt stated it has 138,285 shares or 0.11% of all its holdings. Moreover, State Street Corporation has 0.01% invested in Prestige Brands Holdings, Inc. (NYSE:PBH) for 2.06 million shares. Cortina Asset Mgmt Ltd Liability Co owns 0.52% invested in Prestige Brands Holdings, Inc. (NYSE:PBH) for 313,837 shares. Johnson Inv Counsel holds 27,310 shares. Nuveen Asset Limited Liability Corporation accumulated 75,221 shares or 0.02% of the stock. Bankshares Of America De reported 379,664 shares or 0% of all its holdings. Fiera holds 0.12% or 755,843 shares. Acadian Asset Mgmt Ltd Liability reported 697,153 shares. State Board Of Administration Of Florida Retirement Sys reported 27,583 shares or 0% of all its holdings. Primecap Mgmt Ca accumulated 0% or 26,000 shares. Fisher Asset Mngmt Ltd owns 1.54M shares. Tiverton Asset Mgmt Ltd Liability holds 0.01% or 4,429 shares in its portfolio. Wells Fargo And Mn holds 0.02% or 1.84M shares in its portfolio. Thrivent Finance For Lutherans accumulated 12,012 shares.

Another recent and important Prestige Brands Holdings, Inc. (NYSE:PBH) news was published by Globenewswire.com which published an article titled: “Market Trends Toward New Normal in Agios Pharmaceuticals, Corcept Therapeutics, Prestige Brand, Virtu Financial …” on May 17, 2018.

Champlain Investment Partners Llc, which manages about $6.04 billion and $9.25B US Long portfolio, decreased its stake in Stock Yards Bancorp Inc. (NASDAQ:SYBT) by 40,590 shares to 846,286 shares, valued at $29.71 million in 2018Q1, according to the filing. It also reduced its holding in Blue Buffalo Pet Products Inc by 10,125 shares in the quarter, leaving it with 1.98 million shares, and cut its stake in Bryn Mawr Bank Corporation (NASDAQ:BMTC).

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. The firm has “Buy” rating given on Thursday, October 12 by DA Davidson. KeyBanc Capital Markets maintained Prestige Brands Holdings, Inc. (NYSE:PBH) on Monday, October 16 with “Buy” rating. The stock of Prestige Brands Holdings, Inc. (NYSE:PBH) earned “Buy” rating by Gabelli on Thursday, November 17. Jefferies downgraded Prestige Brands Holdings, Inc. (NYSE:PBH) on Monday, November 30 to “Underperform” rating. Jefferies reinitiated Prestige Brands Holdings, Inc. (NYSE:PBH) on Friday, June 2 with “Hold” rating. The stock of Prestige Brands Holdings, Inc. (NYSE:PBH) has “Hold” rating given on Friday, February 2 by DA Davidson. The firm earned “Neutral” rating on Monday, February 5 by DA Davidson. The firm earned “Outperform” rating on Wednesday, November 15 by BMO Capital Markets. KeyBanc Capital Markets maintained Prestige Brands Holdings, Inc. (NYSE:PBH) rating on Monday, February 5. KeyBanc Capital Markets has “Overweight” rating and $43 target. B. Riley & Co maintained Prestige Brands Holdings, Inc. (NYSE:PBH) rating on Tuesday, December 27. B. Riley & Co has “Buy” rating and $77 target.

Among 20 analysts covering The Southern Company (NYSE:SO), 5 have Buy rating, 5 Sell and 10 Hold. Therefore 25% are positive. The Southern Company had 78 analyst reports since July 21, 2015 according to SRatingsIntel. The company was maintained on Monday, April 23 by SunTrust. SunTrust maintained The Southern Company (NYSE:SO) rating on Monday, February 5. SunTrust has “Hold” rating and $47.0 target. RBC Capital Markets maintained The Southern Company (NYSE:SO) rating on Monday, October 30. RBC Capital Markets has “Buy” rating and $53.0 target. The firm has “Buy” rating by Jefferies given on Tuesday, June 6. The firm has “Buy” rating given on Friday, December 8 by Mizuho. The firm has “Hold” rating given on Wednesday, October 18 by KeyBanc Capital Markets. The firm earned “Buy” rating on Tuesday, January 2 by Guggenheim. The stock of The Southern Company (NYSE:SO) has “Buy” rating given on Wednesday, August 30 by Jefferies. The company was initiated on Wednesday, January 25 by Credit Suisse. RBC Capital Markets maintained the shares of SO in report on Wednesday, June 28 with “Hold” rating.

Investors sentiment decreased to 0.89 in 2018 Q1. Its down 0.21, from 1.1 in 2017Q4. It turned negative, as 76 investors sold SO shares while 359 reduced holdings. 75 funds opened positions while 310 raised stakes. 558.65 million shares or 1.91% more from 548.17 million shares in 2017Q4 were reported. 40,725 are held by Sigma Planning. Willis Investment Counsel owns 199,640 shares for 0.69% of their portfolio. Schaller Inc stated it has 0.27% of its portfolio in The Southern Company (NYSE:SO). Trustmark Comml Bank Department has invested 0.52% in The Southern Company (NYSE:SO). Aldebaran Fincl has invested 0.58% in The Southern Company (NYSE:SO). Hartford holds 0.21% or 235,551 shares. Dekabank Deutsche Girozentrale invested in 0.05% or 143,777 shares. Ubs Asset Mgmt Americas reported 0% of its portfolio in The Southern Company (NYSE:SO). Mercer Capital Advisers reported 200 shares stake. Michigan-based Ally Inc has invested 0.17% in The Southern Company (NYSE:SO). Royal Savings Bank Of Canada stated it has 2.42M shares or 0.05% of all its holdings. Dimensional Fund Advsr Lp invested 0.03% in The Southern Company (NYSE:SO). Amica Retiree Trust has 7,855 shares. Geode Capital Management Lc invested in 0.16% or 11.13 million shares. Donaldson Capital Ltd Liability Corp reported 0.03% of its portfolio in The Southern Company (NYSE:SO).

The Southern Company (NYSE:SO) Institutional Positions Chart

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