Phibro Animal Health Corporation (PAHC) CFO Richard G. Johnson Sells 47,264 Shares

Phibro Animal Health Corporation (NASDAQ:PAHC) CFO Richard G. Johnson sold 47,264 shares of the stock in a transaction on Tuesday, September 12th. The stock was sold at an average price of $36.32, for a total transaction of $1,716,628.48. Following the completion of the sale, the chief financial officer now directly owns 14,623 shares of the company’s stock, valued at approximately $531,107.36. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Phibro Animal Health Corporation (NASDAQ PAHC) traded up 0.83% during midday trading on Tuesday, reaching $36.55. 167,075 shares of the company were exchanged. The firm has a market cap of $1.45 billion, a P/E ratio of 22.70 and a beta of 1.36. The firm’s 50-day moving average is $38.25 and its 200-day moving average is $33.63. Phibro Animal Health Corporation has a one year low of $24.83 and a one year high of $40.25.

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

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 27th. Shareholders of record on Wednesday, September 6th will be paid a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 1.09%. The ex-dividend date of this dividend is Friday, September 1st. Phibro Animal Health Corporation’s dividend payout ratio (DPR) is presently 24.69%.

COPYRIGHT VIOLATION WARNING: This piece of content was reported by Ticker Report and is the property of of Ticker Report. If you are accessing this piece of content on another website, it was copied illegally and republished in violation of United States & international copyright legislation. The legal version of this piece of content can be read at https://www.tickerreport.com/banking-finance/2887415/phibro-animal-health-corporation-pahc-cfo-richard-g-johnson-sells-47264-shares.html.

Several equities research analysts have recently issued reports on the stock. BidaskClub raised shares of Phibro Animal Health Corporation from a “buy” rating to a “strong-buy” rating in a research report on Thursday, June 22nd. Credit Suisse Group increased 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 report on Thursday, August 31st. Piper Jaffray Companies reissued 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 report on Thursday, August 31st. Finally, Bank of America Corporation reissued an “underperform” rating and issued a $33.00 price objective on shares of Phibro Animal Health Corporation in a research report on Wednesday, August 23rd. Two equities research analysts have rated the stock with a sell rating, one has given a hold rating and six have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of $33.33.

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Vanguard Group Inc. lifted its stake in Phibro Animal Health Corporation by 3.0% in the second quarter. Vanguard Group Inc. now owns 1,780,880 shares of the company’s stock valued at $65,982,000 after acquiring an additional 51,474 shares during the last quarter. Wellington Management Group LLP lifted its stake in Phibro Animal Health Corporation by 0.9% in the first quarter. Wellington Management Group LLP now owns 1,385,325 shares of the company’s stock valued at $38,928,000 after acquiring an additional 11,950 shares during the last quarter. FMR LLC lifted its stake in Phibro Animal Health Corporation by 31.9% in the second quarter. FMR LLC now owns 584,463 shares of the company’s stock valued at $21,654,000 after acquiring an additional 141,274 shares during the last quarter. State Street Corp lifted its stake in Phibro Animal Health Corporation by 6.1% in the first quarter. State Street Corp now owns 489,093 shares of the company’s stock valued at $13,745,000 after acquiring an additional 28,273 shares during the last quarter. Finally, Dimensional Fund Advisors LP lifted its stake in Phibro Animal Health Corporation by 5.0% in the second quarter. Dimensional Fund Advisors LP now owns 416,001 shares of the company’s stock valued at $15,413,000 after acquiring an additional 19,994 shares during the last quarter. Hedge funds and other institutional investors own 48.35% of the company’s stock.

Phibro Animal Health Corporation Company Profile

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.

Insider Buying and Selling by Quarter for Phibro Animal Health Corporation (NASDAQ:PAHC)

Receive News & Ratings for Phibro Animal Health Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Phibro Animal Health Corporation and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

How to Trade on Forex – 8 Steps for Beginners
How to Trade on Forex – 8 Steps for Beginners
Super Nintendo World Theme Park Officially Starts Construction
Super Nintendo World Theme Park Officially Starts Construction
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Camera Zooms In and Can Recognize Faces
Camera Zooms In and Can Recognize Faces
Netflix Could See 150 Million Worldwide Subscribers
Netflix Could See 150 Million Worldwide Subscribers
LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back
LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back


Leave a Reply

© 2006-2017 Ticker Report. Google+.