Cerity Partners LLC boosted its holdings in shares of Post Holdings, Inc. (NYSE:POST – Free Report) by 42.4% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 5,333 shares of the company’s stock after purchasing an additional 1,589 shares during the quarter. Cerity Partners LLC’s holdings in Post were worth $479,000 as of its most recent SEC filing.
A number of other hedge funds also recently bought and sold shares of POST. Strs Ohio raised its stake in shares of Post by 0.6% in the first quarter. Strs Ohio now owns 19,445 shares of the company’s stock valued at $1,747,000 after acquiring an additional 113 shares during the period. Tcwp LLC grew its holdings in Post by 0.3% during the 4th quarter. Tcwp LLC now owns 54,653 shares of the company’s stock worth $4,933,000 after acquiring an additional 177 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in Post by 2.4% during the 1st quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 8,178 shares of the company’s stock worth $735,000 after acquiring an additional 191 shares in the last quarter. Money Concepts Capital Corp grew its holdings in Post by 1.8% during the 4th quarter. Money Concepts Capital Corp now owns 15,763 shares of the company’s stock worth $1,423,000 after acquiring an additional 279 shares in the last quarter. Finally, Treasurer of the State of North Carolina grew its holdings in Post by 1.3% during the 4th quarter. Treasurer of the State of North Carolina now owns 23,742 shares of the company’s stock worth $2,143,000 after acquiring an additional 300 shares in the last quarter. Hedge funds and other institutional investors own 91.98% of the company’s stock.
Analyst Ratings Changes
POST has been the topic of several recent research reports. StockNews.com initiated coverage on shares of Post in a report on Thursday, August 17th. They set a “hold” rating on the stock. Evercore ISI increased their target price on shares of Post from $105.00 to $108.00 and gave the stock an “outperform” rating in a report on Monday, August 7th. Four investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $103.00.
Insider Transactions at Post
In other news, Director Ellen F. Harshman sold 500 shares of the firm’s stock in a transaction that occurred on Friday, August 25th. The shares were sold at an average price of $90.12, for a total transaction of $45,060.00. Following the sale, the director now owns 9,772 shares of the company’s stock, valued at approximately $880,652.64. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 9.60% of the company’s stock.
Post Stock Performance
POST opened at $86.44 on Thursday. Post Holdings, Inc. has a 12-month low of $80.39 and a 12-month high of $98.84. The company has a current ratio of 2.06, a quick ratio of 1.08 and a debt-to-equity ratio of 1.56. The firm has a market capitalization of $5.29 billion, a PE ratio of 16.82 and a beta of 0.67. The firm has a 50 day moving average of $87.34 and a two-hundred day moving average of $87.91.
Post (NYSE:POST – Get Free Report) last posted its quarterly earnings results on Thursday, August 3rd. The company reported $1.52 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.89 by $0.63. The company had revenue of $1.86 billion during the quarter, compared to analyst estimates of $1.82 billion. Post had a net margin of 4.82% and a return on equity of 8.52%. Post’s revenue for the quarter was up 21.9% compared to the same quarter last year. During the same period last year, the firm posted $0.69 EPS. On average, analysts anticipate that Post Holdings, Inc. will post 4.86 EPS for the current year.
About Post
Post Holdings, Inc operates as a consumer packaged goods holding company in the United States and internationally. It operates through four segments: Post Consumer Brands, Weetabix, Foodservice, and Refrigerated Retail. The Post Consumer Brands segment manufactures, markets, and sells branded and private label ready-to-eat (RTE) cereal, hot cereal, and peanut and nut butter.
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