Post Holdings, Inc. (NYSE:POST – Get Rating) SVP Bradly A. Harper sold 1,965 shares of the business’s stock in a transaction that occurred on Wednesday, May 24th. The stock was sold at an average price of $86.31, for a total value of $169,599.15. Following the sale, the senior vice president now directly owns 7,887 shares in the company, valued at approximately $680,726.97. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.
Post Price Performance
Shares of NYSE:POST opened at $85.44 on Friday. The company’s fifty day moving average is $88.66 and its two-hundred day moving average is $90.40. The company has a quick ratio of 1.97, a current ratio of 2.73 and a debt-to-equity ratio of 1.68. Post Holdings, Inc. has a 12-month low of $74.09 and a 12-month high of $98.84. The company has a market cap of $5.45 billion, a P/E ratio of 13.19 and a beta of 0.69.
Post (NYSE:POST – Get Rating) last posted its quarterly earnings results on Thursday, May 4th. The company reported $1.10 earnings per share for the quarter, topping analysts’ consensus estimates of $0.68 by $0.42. Post had a net margin of 6.36% and a return on equity of 7.05%. The business had revenue of $1.62 billion for the quarter, compared to the consensus estimate of $1.57 billion. During the same period in the prior year, the business posted $0.24 earnings per share. Post’s revenue for the quarter was up 14.9% compared to the same quarter last year. Equities analysts expect that Post Holdings, Inc. will post 4.04 earnings per share for the current fiscal year.
Wall Street Analyst Weigh In
Hedge Funds Weigh In On Post
Hedge funds have recently modified their holdings of the stock. Standard Family Office LLC acquired a new position in shares of Post in the third quarter worth $25,000. Proficio Capital Partners LLC acquired a new position in shares of Post in the first quarter worth $27,000. Quadrant Capital Group LLC increased its stake in shares of Post by 48.8% in the third quarter. Quadrant Capital Group LLC now owns 357 shares of the company’s stock worth $29,000 after acquiring an additional 117 shares during the last quarter. Bessemer Group Inc. increased its stake in shares of Post by 1,015.0% in the third quarter. Bessemer Group Inc. now owns 446 shares of the company’s stock worth $37,000 after acquiring an additional 406 shares during the last quarter. Finally, Machina Capital S.A.S. acquired a new position in Post during the first quarter worth $45,000. 91.40% of the stock is owned by institutional investors and hedge funds.
Post Company Profile
Post Holdings, Inc operates as a consumer packaged goods holding company. The firm engages in the operation of center-of-the-store, refrigerated, food service, food ingredient, active nutrition, and private brand food categories. It operates through the following segments: Post Consumer Brands, Weetabix, Foodservice, Refrigerated Retail and BellRing Brands.
Featured Articles
- Get a free copy of the StockNews.com research report on Post (POST)
- Big Lots Becomes A Stomach Churning Value Play
- The Melt-Up In Marvell Is On; But Don’t Chase It Higher
- Is Apple a Growth Stock or a Value Stock?
- Costco’s Earnings Call Reassure Economists, Recession Cancelled
- Hot Inflation, What It Means For The Summer Rally
Receive News & Ratings for Post Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Post and related companies with MarketBeat.com's FREE daily email newsletter.