Seizert Capital Partners LLC Trims Position in Phibro Animal Health Corporation (PAHC)

Seizert Capital Partners LLC decreased its position in Phibro Animal Health Corporation (NASDAQ:PAHC) by 10.7% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 48,750 shares of the company’s stock after selling 5,837 shares during the period. Seizert Capital Partners LLC owned about 0.25% of Phibro Animal Health Corporation worth $1,806,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the stock. Nine Chapters Capital Management LLC acquired a new position in Phibro Animal Health Corporation in the 3rd quarter worth approximately $530,000. New York State Teachers Retirement System boosted its stake in Phibro Animal Health Corporation by 76.3% in the 3rd quarter. New York State Teachers Retirement System now owns 12,943 shares of the company’s stock worth $480,000 after purchasing an additional 5,600 shares during the period. First Quadrant L P CA boosted its stake in Phibro Animal Health Corporation by 193.6% in the 3rd quarter. First Quadrant L P CA now owns 64,043 shares of the company’s stock worth $2,373,000 after purchasing an additional 42,233 shares during the period. First Trust Advisors LP acquired a new position in Phibro Animal Health Corporation in the 3rd quarter worth approximately $569,000. Finally, Sit Investment Associates Inc. boosted its stake in Phibro Animal Health Corporation by 8.8% in the 3rd quarter. Sit Investment Associates Inc. now owns 78,200 shares of the company’s stock worth $2,897,000 after purchasing an additional 6,325 shares during the period. 49.74% of the stock is owned by hedge funds and other institutional investors.

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PAHC has been the subject of a number of recent analyst reports. Credit Suisse Group raised their price objective on shares of Phibro Animal Health Corporation from $36.00 to $37.00 and gave the stock an “outperform” rating in a research note on Thursday, August 31st. Zacks Investment Research lowered shares of Phibro Animal Health Corporation from a “buy” rating to a “hold” rating in a research note on Wednesday. Piper Jaffray Companies reaffirmed a “buy” rating and issued a $41.00 price objective (down previously from $42.00) on shares of Phibro Animal Health Corporation in a research note on Thursday, August 31st. BidaskClub lowered shares of Phibro Animal Health Corporation from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, August 23rd. Finally, Bank of America Corporation reissued an “underperform” rating and set a $33.00 target price on shares of Phibro Animal Health Corporation in a research note on Wednesday, August 23rd. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and three have issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus target price of $34.60.

In other news, CFO Richard G. Johnson sold 55,529 shares of the firm’s stock in a transaction on Thursday, September 14th. The shares were sold at an average price of $36.30, for a total transaction of $2,015,702.70. Following the transaction, the chief financial officer now owns 15,900 shares in the company, valued at approximately $577,170. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Dean J. Warras sold 10,000 shares of the firm’s stock in a transaction on Friday, September 15th. The shares were sold at an average price of $35.70, for a total transaction of $357,000.00. Following the transaction, the insider now owns 10,000 shares in the company, valued at approximately $357,000. The disclosure for this sale can be found here. Insiders have sold a total of 292,448 shares of company stock worth $10,624,994 in the last 90 days. 51.88% of the stock is owned by insiders.

Shares of Phibro Animal Health Corporation (PAHC) opened at $37.70 on Friday. The stock has a market cap of $1,503.74, a price-to-earnings ratio of 24.97, a price-to-earnings-growth ratio of 4.41 and a beta of 1.35. Phibro Animal Health Corporation has a 52 week low of $24.85 and a 52 week high of $40.25. The company has a debt-to-equity ratio of 2.03, a quick ratio of 1.75 and a current ratio of 3.14.

Phibro Animal Health Corporation (NASDAQ:PAHC) last released its quarterly earnings results on Wednesday, August 30th. The company reported $0.39 earnings per share for the quarter, beating analysts’ consensus estimates of $0.35 by $0.04. The business had revenue of $194.84 million for the quarter, compared to the consensus estimate of $192.47 million. Phibro Animal Health Corporation had a net margin of 8.45% and a return on equity of 47.88%. Phibro Animal Health Corporation’s revenue for the quarter was up 3.0% on a year-over-year basis. During the same quarter last year, the firm earned $0.32 EPS. equities research analysts expect that Phibro Animal Health Corporation will post 1.57 earnings per share for the current fiscal year.

About Phibro Animal Health Corporation

Phibro Animal Health Corporation (Phibro) is a global diversified animal health and mineral nutrition company. The Company operates in three segments, which include Animal Health, Mineral Nutrition and Performance Products. The Company offers various products, which include Animal health products, such as antibacterials, anticoccidials, vaccines, nutritional specialty products and mineral nutrition products.

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Institutional Ownership by Quarter for Phibro Animal Health Corporation (NASDAQ:PAHC)

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