Phibro Animal Health Corp (NASDAQ:PAHC) insider Jack Bendheim sold 48,000 shares of the stock in a transaction that occurred on Thursday, May 25th. The stock was sold at an average price of $34.67, for a total transaction of $1,664,160.00. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.

Jack Bendheim also recently made the following trade(s):

  • On Friday, May 19th, Jack Bendheim sold 48,000 shares of Phibro Animal Health Corp stock. The shares were sold at an average price of $34.15, for a total transaction of $1,639,200.00.
  • On Wednesday, May 10th, Jack Bendheim sold 1,400 shares of Phibro Animal Health Corp stock. The shares were sold at an average price of $34.04, for a total transaction of $47,656.00.

Phibro Animal Health Corp (NASDAQ:PAHC) traded down 0.86% on Thursday, hitting $34.75. 134,236 shares of the company were exchanged. Phibro Animal Health Corp has a 52-week low of $17.96 and a 52-week high of $35.25. The stock has a market cap of $1.38 billion, a PE ratio of 21.58 and a beta of 1.34. The firm has a 50 day moving average of $30.68 and a 200-day moving average of $28.79.

Phibro Animal Health Corp (NASDAQ:PAHC) last posted its quarterly earnings results on Monday, May 8th. The company reported $0.37 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.37. The firm had revenue of $190 million for the quarter, compared to analysts’ expectations of $185.90 million. Phibro Animal Health Corp had a net margin of 7.90% and a return on equity of 63.70%. The firm’s quarterly revenue was up 3.5% on a year-over-year basis. During the same period in the prior year, the company posted $0.38 earnings per share. On average, equities analysts expect that Phibro Animal Health Corp will post $1.45 earnings per share for the current fiscal year.

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

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 22nd. Investors of record on Wednesday, May 31st will be issued a $0.10 dividend. The ex-dividend date of this dividend is Friday, May 26th. This represents a $0.40 annualized dividend and a yield of 1.15%. Phibro Animal Health Corp’s dividend payout ratio is presently 26.85%.

TRADEMARK VIOLATION NOTICE: “Insider Selling: Phibro Animal Health Corp (PAHC) Insider Sells 48,000 Shares of Stock” was reported by American Banking News and is the sole property of of American Banking News. If you are accessing this piece on another publication, it was illegally copied and reposted in violation of US & international trademark and copyright legislation. The legal version of this piece can be read at https://www.americanbankingnews.com/2017/05/25/insider-selling-phibro-animal-health-corp-pahc-insider-sells-48000-shares-of-stock-2.html.

A number of brokerages have recently weighed in on PAHC. Zacks Investment Research upgraded shares of Phibro Animal Health Corp from a “hold” rating to a “buy” rating and set a $38.00 price objective on the stock in a report on Thursday, May 11th. Piper Jaffray Companies raised their price objective on shares of Phibro Animal Health Corp from $32.00 to $34.00 and gave the company an “overweight” rating in a report on Wednesday, February 8th. Two investment analysts have rated the stock with a sell rating, one has given a hold rating and five have given a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of $29.17.

A number of hedge funds have recently bought and sold shares of PAHC. Municipal Employees Retirement System of Michigan boosted its stake in Phibro Animal Health Corp by 1.7% in the third quarter. Municipal Employees Retirement System of Michigan now owns 4,110 shares of the company’s stock valued at $112,000 after buying an additional 70 shares in the last quarter. Mason Street Advisors LLC boosted its stake in Phibro Animal Health Corp by 7.1% in the first quarter. Mason Street Advisors LLC now owns 4,333 shares of the company’s stock valued at $122,000 after buying an additional 286 shares in the last quarter. Victory Capital Management Inc. boosted its stake in Phibro Animal Health Corp by 79.2% in the first quarter. Victory Capital Management Inc. now owns 4,573 shares of the company’s stock valued at $129,000 after buying an additional 2,021 shares in the last quarter. Louisiana State Employees Retirement System boosted its stake in shares of Phibro Animal Health Corp by 1.4% in the first quarter. Louisiana State Employees Retirement System now owns 7,500 shares of the company’s stock worth $211,000 after buying an additional 100 shares during the period. Finally, Advisors Preferred LLC acquired a new stake in shares of Phibro Animal Health Corp during the third quarter worth $213,000. 47.35% of the stock is currently owned by hedge funds and other institutional investors.

Phibro Animal Health Corp 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.

12 Month Chart for NASDAQ:PAHC

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