Brandes Investment Partners Amends Phibro Animal Health Stake
Ticker: PAHC · Form: SC 13G · Filed: Jan 10, 2024 · CIK: 1069899
| Field | Detail |
|---|---|
| Company | Phibro Animal Health Corp (PAHC) |
| Form Type | SC 13G |
| Filed Date | Jan 10, 2024 |
| Risk Level | low |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, SC-13G
TL;DR
**Brandes Investment Partners just updated their stake in Phibro Animal Health.**
AI Summary
Brandes Investment Partners, L.P. and its affiliates, including Brandes Worldwide Holdings, L.P. and CO-GP, LLC, filed an SC 13G on January 10, 2024, indicating their ownership in Phibro Animal Health Corporation (PAHC) as of December 31, 2023. This filing is an amendment, suggesting a change in their previously reported stake. For investors, this matters because Brandes is a significant institutional investor, and changes in their holdings can signal their updated view on the company's prospects, potentially influencing other investors' decisions.
Why It Matters
This filing shows a notable institutional investor, Brandes Investment Partners, has updated its position in Phibro Animal Health, which can be a signal of their confidence (or lack thereof) in the company's future performance.
Risk Assessment
Risk Level: low — This filing is a routine disclosure of institutional ownership and does not inherently present a direct risk to the company or its shareholders.
Analyst Insight
Investors should monitor subsequent filings from Brandes Investment Partners for Phibro Animal Health to understand the magnitude and direction of their ownership change, as this could indicate a shift in their investment thesis for the company.
Key Players & Entities
- Brandes Investment Partners, L.P. (company) — filing party and institutional investor
- Phibro Animal Health Corporation (company) — subject company of the filing (PAHC)
- Brandes Worldwide Holdings, L.P. (company) — group member of the filing party
- CO-GP, LLC (company) — group member of the filing party
- December 31, 2023 (date) — date of event requiring the filing
- January 10, 2024 (date) — filing date
FAQ
What type of filing is this document?
This document is an SC 13G filing, specifically an Amendment No. 1, under the Securities Exchange Act of 1934.
Who is the subject company of this SC 13G filing?
The subject company is Phibro Animal Health Corporation, identified by CIK 0001069899 and CUSIP Number 71742Q106.
Who are the reporting persons in this filing?
The reporting persons are Brandes Investment Partners, L.P., Brandes Worldwide Holdings, L.P., and CO-GP, LLC, listed as group members.
What was the date of the event that triggered this filing?
The date of the event which required the filing of this statement was December 31, 2023.
Under which rule was this Schedule 13G filed?
This Schedule 13G was filed under Rule 13d-1(b) of the Securities Exchange Act of 1934.
Filing Details
This Form SC 13G (Form SC 13G) was filed with the SEC on January 10, 2024 regarding PHIBRO ANIMAL HEALTH CORP (PAHC).