BlackRock Amends Phibro Animal Health Stake, Passive Investment
Ticker: PAHC · Form: SC 13G/A · Filed: Jan 19, 2024 · CIK: 1069899
| Field | Detail |
|---|---|
| Company | Phibro Animal Health Corp (PAHC) |
| Form Type | SC 13G/A |
| Filed Date | Jan 19, 2024 |
| Risk Level | low |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, passive-investment
TL;DR
**BlackRock updated its passive stake in Phibro Animal Health.**
AI Summary
BlackRock Inc. filed an amended SC 13G/A on January 19, 2024, indicating a change in their ownership of Phibro Animal Health Corp's Class A Common Stock as of December 31, 2023. This filing, an amendment number 3, updates their previous disclosures regarding their passive investment in the animal health company. This matters to investors because BlackRock is a major institutional investor, and changes in their holdings can signal shifts in their confidence or strategy regarding Phibro Animal Health Corp.
Why It Matters
This filing shows BlackRock's updated position in Phibro Animal Health Corp, providing transparency on a significant institutional investor's stake, which can influence market perception.
Risk Assessment
Risk Level: low — This is a routine amendment from a passive institutional investor, indicating no immediate high-risk actions or significant changes in company control.
Analyst Insight
Investors should note that BlackRock's continued presence as a significant shareholder, even with an amended filing, suggests ongoing institutional interest in Phibro Animal Health Corp. However, without specific share count changes, it's difficult to infer a strong bullish or bearish signal from this amendment alone.
Key Players & Entities
- BlackRock Inc. (company) — the institutional investor filing the SC 13G/A
- Phibro Animal Health Corp (company) — the subject company whose Class A Common Stock is being reported
- December 31, 2023 (date) — the date of the event requiring the filing
- January 19, 2024 (date) — the date the SC 13G/A was filed
- Class A Common Stock (other) — the type of securities held by BlackRock Inc.
FAQ
What type of filing is this document?
This document is an SC 13G/A, which is an amendment to a Schedule 13G filing, as stated in the 'FORM TYPE: SC 13G/A' and 'SCHEDULE 13G (Amendment No: 3)' sections.
Who is the filer of this SC 13G/A?
The filer of this SC 13G/A is BlackRock Inc., as indicated under the 'FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BlackRock Inc.' section.
What company's securities are being reported in this filing?
The securities of PHIBRO ANIMAL HEALTH CORP are being reported, specifically their Class A Common Stock, as stated under 'SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: PHIBRO ANIMAL HEALTH CORP' and 'Name of Issuer) Class A Common Stock'.
What was the date of the event that triggered this filing?
The date of the event which required this filing was December 31, 2023, as specified under '(Date of Event Which Requires Filing of this Statement) December 31, 2023'.
Under which rule was this Schedule 13G filed?
This Schedule 13G was filed under Rule 13d-1(b), indicated by '[X] Rule 13d-1(b)' in the filing.
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on January 19, 2024 regarding PHIBRO ANIMAL HEALTH CORP (PAHC).