Phibro Animal Health Corp. (NASDAQ:PAHC) announced a quarterly dividend on Tuesday, November 8th. Shareholders of record on Wednesday, November 30th will be given a dividend of 0.10 per share on Wednesday, December 21st. This represents a $0.40 dividend on an annualized basis and a yield of 1.42%. The ex-dividend date is Monday, November 28th.

Shares of Phibro Animal Health Corp. (NASDAQ:PAHC) opened at 28.075 on Wednesday. The firm’s 50-day moving average is $26.68 and its 200-day moving average is $22.73. Phibro Animal Health Corp. has a 12-month low of $16.80 and a 12-month high of $35.69. The firm has a market cap of $1.11 billion, a price-to-earnings ratio of 14.699 and a beta of 1.38.

Phibro Animal Health Corp. (NASDAQ:PAHC) last posted its quarterly earnings results on Wednesday, November 9th. The company reported $0.36 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.34 by $0.02. The business had revenue of $188 million for the quarter, compared to analyst estimates of $188.85 million. Phibro Animal Health Corp. had a net margin of 10.13% and a return on equity of 75.49%. The firm’s revenue for the quarter was up .5% on a year-over-year basis. During the same quarter last year, the business posted $0.44 EPS. Analysts predict that Phibro Animal Health Corp. will post $1.42 earnings per share for the current fiscal year.

Dividend History for Phibro Animal Health Corp. (NASDAQ:PAHC)

PAHC has been the topic of several analyst reports. Macquarie lowered shares of Phibro Animal Health Corp. from a “neutral” rating to an “underperform” rating and set a $21.00 price target on the stock. in a research report on Friday, November 11th. Guggenheim set a $30.00 price objective on shares of Phibro Animal Health Corp. and gave the company a “buy” rating in a research note on Monday, September 12th. TheStreet raised shares of Phibro Animal Health Corp. from a “hold” rating to a “buy” rating in a research note on Friday, September 30th. Credit Suisse Group AG reissued a “buy” rating and issued a $29.00 price objective on shares of Phibro Animal Health Corp. in a research note on Tuesday, August 30th. Finally, Zacks Investment Research raised shares of Phibro Animal Health Corp. from a “strong sell” rating to a “hold” rating in a research note on Wednesday, November 2nd. Three analysts have rated the stock with a sell rating, two have assigned a hold rating and three have assigned a buy rating to the stock. Phibro Animal Health Corp. has an average rating of “Hold” and an average price target of $26.80.

Several institutional investors have recently added to or reduced their stakes in PAHC. Guggenheim Capital LLC increased its position in Phibro Animal Health Corp. by 0.7% in the second quarter. Guggenheim Capital LLC now owns 21,957 shares of the company’s stock valued at $410,000 after buying an additional 150 shares during the last quarter. California State Teachers Retirement System increased its position in Phibro Animal Health Corp. by 0.8% in the third quarter. California State Teachers Retirement System now owns 39,603 shares of the company’s stock valued at $1,076,000 after buying an additional 300 shares during the last quarter. American International Group Inc. increased its position in Phibro Animal Health Corp. by 4.2% in the second quarter. American International Group Inc. now owns 13,909 shares of the company’s stock valued at $260,000 after buying an additional 564 shares during the last quarter. Nationwide Fund Advisors increased its position in Phibro Animal Health Corp. by 5.6% in the second quarter. Nationwide Fund Advisors now owns 11,921 shares of the company’s stock valued at $222,000 after buying an additional 637 shares during the last quarter. Finally, Cornerstone Capital Management Holdings LLC. increased its position in Phibro Animal Health Corp. by 0.8% in the third quarter. Cornerstone Capital Management Holdings LLC. now owns 134,520 shares of the company’s stock valued at $3,655,000 after buying an additional 1,100 shares during the last quarter. 47.58% of the stock is owned by hedge funds and other institutional investors.

TRADEMARK VIOLATION WARNING: “Phibro Animal Health Corp. (PAHC) to Issue Quarterly Dividend of $0.10 on December 21st” was posted by The Cerbat Gem and is owned by of The Cerbat Gem. If you are viewing this report on another site, it was illegally stolen and reposted in violation of United States & international trademark & copyright law. The legal version of this report can be accessed at https://www.thecerbatgem.com/2016/11/23/phibro-animal-health-corp-pahc-to-issue-quarterly-dividend-of-0-10-on-december-21st.html.

Phibro Animal Health Corp. Company Profile

Phibro Animal Health Corporation is an animal health and mineral nutrition company. The Company is engaged in developing, manufacturing and marketing products for a range of food animals, including poultry, swine, beef and dairy cattle, and aquaculture. The Company operates through three segments: Animal Health, Mineral Nutrition and Performance Products.

5 Day Chart for NASDAQ:PAHC

Receive News & Stock 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 stocks with our FREE daily email newsletter.