Parvin Asset Management LLC Invests $282,000 in Phibro Animal Health Co. (NASDAQ:PAHC)

Parvin Asset Management LLC acquired a new position in shares of Phibro Animal Health Co. (NASDAQ:PAHC - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 13,450 shares of the company's stock, valued at approximately $282,000.

Several other large investors also recently bought and sold shares of PAHC. Aquatic Capital Management LLC purchased a new position in shares of Phibro Animal Health during the fourth quarter worth approximately $69,000. Quantbot Technologies LP lifted its stake in shares of Phibro Animal Health by 65.1% in the fourth quarter. Quantbot Technologies LP now owns 5,116 shares of the company's stock valued at $107,000 after purchasing an additional 2,018 shares during the period. Meeder Asset Management Inc. purchased a new stake in shares of Phibro Animal Health during the 4th quarter worth approximately $113,000. New York State Teachers Retirement System boosted its position in Phibro Animal Health by 16.7% during the fourth quarter. New York State Teachers Retirement System now owns 5,428 shares of the company's stock worth $114,000 after purchasing an additional 775 shares in the last quarter. Finally, Nebula Research & Development LLC acquired a new stake in Phibro Animal Health in the 4th quarter valued at about $210,000. Institutional investors and hedge funds own 99.34% of the company's stock.

Analyst Upgrades and Downgrades

PAHC has been the topic of a number of analyst reports. Barclays increased their target price on Phibro Animal Health from $20.00 to $22.00 and gave the company an "underweight" rating in a report on Monday, February 10th. Morgan Stanley set a $20.00 price target on shares of Phibro Animal Health in a report on Tuesday, April 15th. Finally, StockNews.com cut Phibro Animal Health from a "buy" rating to a "hold" rating in a report on Tuesday, March 25th. Two investment analysts have rated the stock with a sell rating and three have issued a hold rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Hold" and an average target price of $19.75.

Phibro Animal Health Stock Up 0.3 %

PAHC stock traded up $0.05 during trading on Monday, reaching $19.53. The stock had a trading volume of 85,550 shares, compared to its average volume of 189,099. The company has a market capitalization of $791.02 million, a P/E ratio of 40.69, a PEG ratio of 0.45 and a beta of 0.62. Phibro Animal Health Co. has a 1-year low of $16.06 and a 1-year high of $26.55. The company has a current ratio of 3.20, a quick ratio of 1.37 and a debt-to-equity ratio of 2.99. The firm has a fifty day moving average price of $20.26 and a 200 day moving average price of $21.95.

Phibro Animal Health (NASDAQ:PAHC - Get Free Report) last posted its quarterly earnings data on Wednesday, February 5th. The company reported $0.54 EPS for the quarter, beating analysts' consensus estimates of $0.40 by $0.14. Phibro Animal Health had a net margin of 1.75% and a return on equity of 25.35%. On average, equities analysts anticipate that Phibro Animal Health Co. will post 1.95 earnings per share for the current year.

Phibro Animal Health Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, March 26th. Investors of record on Wednesday, March 5th were given a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a dividend yield of 2.46%. The ex-dividend date was Wednesday, March 5th. Phibro Animal Health's dividend payout ratio is presently 100.00%.

Phibro Animal Health Company Profile

Phibro Animal Health Corporation operates as an animal health and mineral nutrition company in the United States, Israel, Brazil, Ireland, and internationally. It operates through three segments: Animal Health, Mineral Nutrition, and Performance Products. The company develops, manufactures, and markets various products for food and companion animals including poultry, swine, beef and dairy cattle, aquaculture, and dogs.