Horan Capital Advisors Stake in Dicks Sporting Goods (DKS) Decreased by $879,632 as Market Valuation Declined; Ensemble Capital Management Has Increased Prestige Brands Hldgs (PBH) Holding by $5.62 Million as Stock Value Declined

January 18, 2018 - By Vivian Park

Ensemble Capital Management Llc increased its stake in Prestige Brands Hldgs Inc (PBH) by 86.94% based on its latest 2017Q3 regulatory filing with the SEC. Ensemble Capital Management Llc bought 112,380 shares as the company’s stock declined 12.04% while stock markets rallied. The institutional investor held 241,645 shares of the health care company at the end of 2017Q3, valued at $12.10M, up from 129,265 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 $2.39 billion market cap company. The stock decreased 0.35% or $0.16 during the last trading session, reaching $45.11. About 138,917 shares traded. Prestige Brands Holdings, Inc. (NYSE:PBH) has declined 8.57% since January 18, 2017 and is downtrending. It has underperformed by 25.27% the S&P500.

Horan Capital Advisors Llc decreased its stake in Dicks Sporting Goods Inc (DKS) by 95.76% based on its latest 2017Q3 regulatory filing with the SEC. Horan Capital Advisors Llc sold 33,832 shares as the company’s stock declined 18.06% while stock markets rallied. The institutional investor held 1,498 shares of the other specialty stores company at the end of 2017Q3, valued at $40,000, down from 35,330 at the end of the previous reported quarter. Horan Capital Advisors Llc who had been investing in Dicks Sporting Goods Inc for a number of months, seems to be less bullish one the $3.51 billion market cap company. The stock decreased 0.30% or $0.1 during the last trading session, reaching $32.69. About 742,859 shares traded. Dick's Sporting Goods, Inc. (NYSE:DKS) has declined 1.35% since January 18, 2017 and is downtrending. It has underperformed by 18.05% the S&P500.

Among 10 analysts covering Prestige Brands Holdings (NYSE:PBH), 9 have Buy rating, 0 Sell and 1 Hold. Therefore 90% are positive. Prestige Brands Holdings had 20 analyst reports since August 11, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Thursday, November 17 by Gabelli. The rating was upgraded by BMO Capital Markets to “Outperform” on Wednesday, November 15. The company was maintained on Thursday, October 12 by DA Davidson. The stock of Prestige Brands Holdings, Inc. (NYSE:PBH) has “Hold” rating given on Monday, August 14 by Jefferies. Sidoti upgraded the stock to “Buy” rating in Friday, August 12 report. The firm has “Buy” rating given on Monday, September 4 by KeyBanc Capital Markets. Jefferies maintained the shares of PBH in report on Tuesday, September 19 with “Hold” rating. The stock of Prestige Brands Holdings, Inc. (NYSE:PBH) earned “Hold” rating by Jefferies on Wednesday, August 12. The stock of Prestige Brands Holdings, Inc. (NYSE:PBH) has “Overweight” rating given on Friday, February 5 by Piper Jaffray. As per Thursday, November 2, the company rating was maintained by Jefferies.

Ensemble Capital Management Llc, which manages about $381.11 million and $477.10M US Long portfolio, decreased its stake in Transdigm Group Inc (NYSE:TDG) by 13,190 shares to 54,095 shares, valued at $13.83M in 2017Q3, according to the filing. It also reduced its holding in Netflix Inc (NASDAQ:NFLX) by 11,538 shares in the quarter, leaving it with 13,957 shares, and cut its stake in Costco Whsl Corp New (NASDAQ:COST).

Investors sentiment increased to 1.64 in 2017 Q3. Its up 0.34, from 1.3 in 2017Q2. It is positive, as 19 investors sold PBH 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. Public Employees Retirement Association Of Colorado reported 506,600 shares or 0.18% of all its holdings. Guggenheim Cap Ltd Liability Corp invested 0% of its portfolio in Prestige Brands Holdings, Inc. (NYSE:PBH). Paloma Partners reported 13,487 shares. Teachers Ins Annuity Association Of America owns 22,172 shares for 0.03% of their portfolio. Point72 Asia (Hong Kong) Limited reported 190 shares. Cornerstone Advsr reported 295 shares stake. Jefferies Grp Incorporated Lc stated it has 18,105 shares. 215,663 were reported by Aristotle Capital Boston Limited Liability Corporation. Gru One Trading Ltd Partnership stated it has 903 shares. Citigroup stated it has 0% in Prestige Brands Holdings, Inc. (NYSE:PBH). Lpl reported 0% of its portfolio in Prestige Brands Holdings, Inc. (NYSE:PBH). Evercore Wealth Mngmt Llc invested in 550 shares. Pacad Inv has invested 0.02% in Prestige Brands Holdings, Inc. (NYSE:PBH). Vanguard Gru has invested 0.01% in Prestige Brands Holdings, Inc. (NYSE:PBH). Fortaleza Asset Mgmt Incorporated holds 0.24% in Prestige Brands Holdings, Inc. (NYSE:PBH) or 2,685 shares.

Investors sentiment decreased to 0.8 in Q3 2017. Its down 0.01, from 0.81 in 2017Q2. It dropped, as 83 investors sold DKS shares while 103 reduced holdings. 47 funds opened positions while 102 raised stakes. 75.65 million shares or 8.17% less from 82.39 million shares in 2017Q2 were reported. Bancshares Of Montreal Can owns 94,038 shares. Goelzer Inv Management reported 128,934 shares stake. Toronto Dominion Financial Bank reported 0% in Dick's Sporting Goods, Inc. (NYSE:DKS). First Tru Advsr LP holds 0.01% or 186,391 shares. Bluemountain Cap Mngmt Ltd Liability Corp holds 0.04% in Dick's Sporting Goods, Inc. (NYSE:DKS) or 74,123 shares. Asset Mngmt One stated it has 185,890 shares or 0.01% of all its holdings. Tensile Mngmt Ltd Company invested in 4.2% or 818,178 shares. Susquehanna Interest Gru Llp holds 554,174 shares. Commonwealth Equity Service Inc reported 9,706 shares. Connecticut-based Tudor Corp Et Al has invested 0.01% in Dick's Sporting Goods, Inc. (NYSE:DKS). Swiss Bancorporation reported 0.01% of its portfolio in Dick's Sporting Goods, Inc. (NYSE:DKS). Vanguard Incorporated reported 6.65M shares. State Treasurer State Of Michigan owns 31,800 shares or 0.01% of their US portfolio. Smith Graham Invest Lp invested in 0.44% or 154,840 shares. Bamco owns 1.05M shares.

Analysts await Dick's Sporting Goods, Inc. (NYSE:DKS) to report earnings on March, 6. They expect $1.17 EPS, down 11.36% or $0.15 from last year’s $1.32 per share. DKS’s profit will be $125.66 million for 6.99 P/E if the $1.17 EPS becomes a reality. After $0.30 actual EPS reported by Dick's Sporting Goods, Inc. for the previous quarter, Wall Street now forecasts 290.00% EPS growth.

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