New York State Teachers Retirement System Buys 775 Shares of Phibro Animal Health Co. (NASDAQ:PAHC)

New York State Teachers Retirement System lifted its holdings in shares of Phibro Animal Health Co. (NASDAQ:PAHC) by 16.7% during the fourth quarter, HoldingsChannel reports. The firm owned 5,428 shares of the company’s stock after acquiring an additional 775 shares during the quarter. New York State Teachers Retirement System’s holdings in Phibro Animal Health were worth $114,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. BNP Paribas Financial Markets boosted its position in Phibro Animal Health by 3.1% during the 3rd quarter. BNP Paribas Financial Markets now owns 24,336 shares of the company’s stock worth $548,000 after acquiring an additional 729 shares during the last quarter. SG Americas Securities LLC boosted its holdings in shares of Phibro Animal Health by 7.4% during the 4th quarter. SG Americas Securities LLC now owns 13,162 shares of the company’s stock worth $276,000 after buying an additional 906 shares during the period. China Universal Asset Management Co. Ltd. increased its stake in shares of Phibro Animal Health by 63.7% during the third quarter. China Universal Asset Management Co. Ltd. now owns 3,912 shares of the company’s stock worth $88,000 after purchasing an additional 1,522 shares during the period. Segall Bryant & Hamill LLC lifted its holdings in shares of Phibro Animal Health by 1.7% during the third quarter. Segall Bryant & Hamill LLC now owns 174,569 shares of the company’s stock worth $3,931,000 after buying an additional 2,971 shares in the last quarter. Finally, Quantbot Technologies LP bought a new position in shares of Phibro Animal Health during the third quarter worth approximately $70,000. Institutional investors and hedge funds own 99.34% of the company’s stock.

Analyst Ratings Changes

PAHC has been the subject of a number of recent analyst reports. Barclays upped their price target on shares of Phibro Animal Health from $20.00 to $22.00 and gave the stock an “underweight” rating in a report on Monday, February 10th. Morgan Stanley upped their price target on Phibro Animal Health from $20.00 to $25.00 and gave the company an “equal weight” rating in a research report on Tuesday, December 17th. Finally, StockNews.com cut shares of Phibro Animal Health from a “strong-buy” rating to a “buy” rating in a research report on Thursday, February 6th. Two analysts have rated the stock with a sell rating, two have issued a hold rating and one has issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $21.00.

Phibro Animal Health Stock Down 1.7 %

Shares of NASDAQ PAHC opened at $22.12 on Tuesday. The stock has a market capitalization of $895.93 million, a P/E ratio of 46.08, a P/E/G ratio of 0.45 and a beta of 0.52. The company has a debt-to-equity ratio of 2.99, a current ratio of 3.20 and a quick ratio of 1.37. Phibro Animal Health Co. has a 1 year low of $11.98 and a 1 year high of $26.55. The company has a 50-day moving average price of $22.20 and a 200-day moving average price of $22.21.

Phibro Animal Health (NASDAQ:PAHC) last released its earnings results on Wednesday, February 5th. The company reported $0.54 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.40 by $0.14. Phibro Animal Health had a return on equity of 25.35% and a net margin of 1.75%. On average, equities research analysts forecast that Phibro Animal Health Co. will post 1.95 EPS for the current fiscal year.

Phibro Animal Health Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, March 26th. Shareholders of record on Wednesday, March 5th will be paid a $0.12 dividend. The ex-dividend date of this dividend is Wednesday, March 5th. This represents a $0.48 annualized dividend and a dividend yield of 2.17%. Phibro Animal Health’s payout ratio is presently 100.00%.

Phibro Animal Health 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.