Phibro Anl Htlh A Cm (NASDAQ:PAHC).
Thornburg Investment Management Inc reports that it sold 320,950 shares in the previous quarter decreasing its exposure to Phibro Anl Htlh A Cm by 44.6%. Its position was valued at $14,745,000 a decrease of $11,891,000 as of quarter end.
These firms have modified their investment in PAHC. As of the end of the quarter First Mercantile Trust Co had sold a total of 2,105 shares trimming its stake by 66.8%. The value of the investment in (PAHC) went from $117,000 to $39,000 decreasing 66.7% for the reporting period. Foresters Investment Management Company, Inc. expanded its investment by buying 4,800 shares an increase of 0.4% from 06/30/2017 to 09/30/2017. Foresters Investment Management Company, Inc. owns 1,203,295 shares with a value of $44,582,000. The value of the position overall is up by 0.4%.
Dimensional Fund Advisors Lp grew its stake by buying 49,296 shares an increase of 11.8% as of 09/30/2017. Dimensional Fund Advisors Lp claims 465,297 shares valued at $17,239,000. The total value of its holdings increased 11.8%.
On October 6, 2017 Piper Jaffray Companies released a research note on PAHC with a rating of “Buy” and setting a price target of $41.00. Equity analyst Credit Suisse Group raised the price target on August 31 changing the forecast from $36.00 to $37.00 and issued a “Outperform” recommendation.
On August 31 Piper Jaffray Companies kept the stock rating at “Buy” targeting a price of $41.00. Piper Jaffray Companies released research on PAHC and giving a rating of “Buy” and a price target of $42.00.
August 23 investment analysts at Bank of America Corporation held the company rating at “Underperform” projecting a price of $33.00.
In the market the company is trading up by 0.15% since yesterday’s close of 34.3. The company’s P/E ratio is 20.18 and the market value is 1.38B. As of the latest earnings report the EPS was $1.70 with 19.56M shares now outstanding.
Traders are a little more bullish on shares of Phibro Anl Htlh A Cm lately if you consider the downtick in short interest. The stock had a fall in short interest between September 29, 2017 and October 13, 2017 of -21.34%. Short interest decreased 85,398 over that timeframe. With short interest at 314,846 and short average daily volume at 107,625, the short-interest ratio is 3.0 and the short interest percentage is 0.02% as of October 13.