Illinois Municipal Retirement Fund Has $124,000 Stock Position in Phibro Animal Health Co. (NASDAQ:PAHC)

Illinois Municipal Retirement Fund lowered its position in shares of Phibro Animal Health Co. (NASDAQ:PAHC) by 15.8% in the fourth quarter, HoldingsChannel reports. The fund owned 10,665 shares of the company’s stock after selling 2,003 shares during the period. Illinois Municipal Retirement Fund’s holdings in Phibro Animal Health were worth $124,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of PAHC. China Universal Asset Management Co. Ltd. boosted its position in Phibro Animal Health by 358.6% during the 4th quarter. China Universal Asset Management Co. Ltd. now owns 2,357 shares of the company’s stock worth $27,000 after acquiring an additional 1,843 shares during the last quarter. Nisa Investment Advisors LLC boosted its holdings in shares of Phibro Animal Health by 19.2% in the 4th quarter. Nisa Investment Advisors LLC now owns 8,500 shares of the company’s stock valued at $98,000 after buying an additional 1,370 shares during the last quarter. Louisiana State Employees Retirement System acquired a new stake in shares of Phibro Animal Health in the 4th quarter valued at approximately $118,000. SG Americas Securities LLC acquired a new stake in shares of Phibro Animal Health in the 3rd quarter valued at approximately $126,000. Finally, Williams & Novak LLC acquired a new stake in shares of Phibro Animal Health in the 4th quarter valued at approximately $196,000. Institutional investors and hedge funds own 99.34% of the company’s stock.

Phibro Animal Health Stock Down 2.1 %

PAHC opened at $16.35 on Thursday. Phibro Animal Health Co. has a 1-year low of $9.40 and a 1-year high of $17.10. The stock’s fifty day simple moving average is $13.09 and its 200 day simple moving average is $11.86. The company has a current ratio of 3.12, a quick ratio of 1.60 and a debt-to-equity ratio of 1.66. The stock has a market cap of $662.18 million, a PE ratio of 45.42, a price-to-earnings-growth ratio of 6.19 and a beta of 0.75.

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 the consensus estimate of $0.27 by $0.06. The firm had revenue of $249.90 million for the quarter, compared to analysts’ expectations of $242.91 million. Phibro Animal Health had a return on equity of 16.67% and a net margin of 1.51%. As a group, research analysts expect that Phibro Animal Health Co. will post 1.12 earnings per share for the current year.

Phibro Animal Health Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, March 27th. Shareholders of record on Wednesday, March 6th were given a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a yield of 2.94%. The ex-dividend date was Tuesday, March 5th. Phibro Animal Health’s payout ratio is 133.33%.

Wall Street Analyst Weigh In

Separately, StockNews.com raised Phibro Animal Health from a “hold” rating to a “buy” rating in a report on Tuesday, April 9th.

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.