Phibro Animal Health Co. (NASDAQ:PAHC) Shares Bought by China Universal Asset Management Co. Ltd.

China Universal Asset Management Co. Ltd. raised its holdings in Phibro Animal Health Co. (NASDAQ:PAHC) by 358.6% in the fourth quarter, Holdings Channel reports. The fund owned 2,357 shares of the company’s stock after buying an additional 1,843 shares during the period. China Universal Asset Management Co. Ltd.’s holdings in Phibro Animal Health were worth $27,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the business. Brandes Investment Partners LP increased its holdings in shares of Phibro Animal Health by 38.5% during the 3rd quarter. Brandes Investment Partners LP now owns 1,873,300 shares of the company’s stock worth $23,922,000 after buying an additional 520,697 shares during the last quarter. Comerica Bank acquired a new stake in shares of Phibro Animal Health during the 2nd quarter worth approximately $3,877,000. BlackRock Inc. increased its holdings in shares of Phibro Animal Health by 5.7% during the 1st quarter. BlackRock Inc. now owns 3,789,646 shares of the company’s stock worth $75,604,000 after buying an additional 203,652 shares during the last quarter. Morgan Stanley increased its holdings in shares of Phibro Animal Health by 64.5% during the 4th quarter. Morgan Stanley now owns 467,638 shares of the company’s stock worth $6,271,000 after buying an additional 183,420 shares during the last quarter. Finally, AQR Capital Management LLC increased its holdings in shares of Phibro Animal Health by 106.6% during the 4th quarter. AQR Capital Management LLC now owns 271,247 shares of the company’s stock worth $3,637,000 after buying an additional 139,958 shares during the last quarter. Institutional investors and hedge funds own 99.34% of the company’s stock.

Phibro Animal Health Stock Performance

NASDAQ:PAHC opened at $12.81 on Monday. The company has a debt-to-equity ratio of 1.66, a quick ratio of 1.60 and a current ratio of 3.12. The stock has a market capitalization of $518.81 million, a P/E ratio of 35.58, a PEG ratio of 4.74 and a beta of 0.75. The company has a 50 day moving average price of $12.33 and a 200 day moving average price of $11.73. Phibro Animal Health Co. has a fifty-two week low of $9.40 and a fifty-two week high of $15.98.

Phibro Animal Health (NASDAQ:PAHC) last posted its quarterly earnings data on Wednesday, February 7th. The company reported $0.33 earnings per share for the quarter, topping analysts’ consensus estimates of $0.27 by $0.06. The firm had revenue of $249.90 million during the quarter, compared to analysts’ expectations of $242.91 million. Phibro Animal Health had a net margin of 1.51% and a return on equity of 16.67%. Equities research analysts forecast that Phibro Animal Health Co. will post 1.12 EPS for the current year.

Phibro Animal Health Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, March 27th. Investors of record on Wednesday, March 6th were given a dividend of $0.12 per share. The ex-dividend date of this dividend was Tuesday, March 5th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 3.75%. Phibro Animal Health’s payout ratio is currently 133.33%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded shares of Phibro Animal Health from a “hold” rating to a “buy” rating in a report on Friday, March 29th.

About Phibro Animal Health

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.