Arrowstreet Capital Limited Partnership purchased a new position in shares of Post Holdings Inc (NYSE:POST) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 228,600 shares of the company’s stock, valued at approximately $18,112,000.
A number of other institutional investors and hedge funds have also bought and sold shares of POST. Virtu KCG Holdings LLC acquired a new position in Post during the second quarter worth about $208,000. Janus Henderson Group PLC acquired a new position in Post during the second quarter worth about $210,000. Dynamic Technology Lab Private Ltd acquired a new position in Post during the second quarter worth about $270,000. Crossmark Global Holdings Inc. acquired a new position in Post during the third quarter worth about $739,000. Finally, Victory Capital Management Inc. boosted its position in Post by 30.3% during the third quarter. Victory Capital Management Inc. now owns 1,974,396 shares of the company’s stock worth $174,280,000 after acquiring an additional 458,900 shares during the last quarter.
Post Holdings Inc (NYSE POST) opened at $78.11 on Friday. The company has a quick ratio of 3.27, a current ratio of 4.05 and a debt-to-equity ratio of 2.47. The firm has a market cap of $5,033.63, a PE ratio of 26.57, a price-to-earnings-growth ratio of 1.21 and a beta of -0.05. Post Holdings Inc has a fifty-two week low of $71.06 and a fifty-two week high of $89.04.
Post (NYSE:POST) last posted its earnings results on Thursday, February 1st. The company reported $0.88 earnings per share for the quarter, missing the consensus estimate of $0.92 by ($0.04). The firm had revenue of $1.43 billion during the quarter, compared to analyst estimates of $1.42 billion. Post had a net margin of 4.54% and a return on equity of 7.90%. The business’s revenue for the quarter was up 14.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.62 earnings per share. equities research analysts predict that Post Holdings Inc will post 4.52 earnings per share for the current fiscal year.
A number of equities analysts recently weighed in on the stock. BidaskClub lowered shares of Post from a “sell” rating to a “strong sell” rating in a research report on Wednesday, November 1st. Zacks Investment Research upgraded shares of Post from a “hold” rating to a “buy” rating and set a $83.00 price target on the stock in a research report on Thursday, February 8th. Pivotal Research restated a “buy” rating and set a $105.00 price target on shares of Post in a research report on Friday, February 2nd. Wells Fargo & Co lowered their price target on shares of Post from $106.00 to $90.00 and set an “outperform” rating on the stock in a research report on Tuesday, February 6th. They noted that the move was a valuation call. Finally, Vertical Group upgraded shares of Post from a “hold” rating to a “buy” rating in a research report on Monday, February 5th. One analyst has rated the stock with a sell rating, one has given a hold rating and ten have assigned a buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average price target of $100.13.
In other news, Director David W. Kemper bought 2,500 shares of the firm’s stock in a transaction on Thursday, November 30th. The shares were bought at an average cost of $79.86 per share, for a total transaction of $199,650.00. Following the acquisition, the director now directly owns 6,700 shares of the company’s stock, valued at approximately $535,062. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Robert V. Vitale bought 2,720 shares of the firm’s stock in a transaction on Tuesday, February 6th. The stock was purchased at an average price of $73.72 per share, for a total transaction of $200,518.40. Following the completion of the acquisition, the chief executive officer now directly owns 268,058 shares in the company, valued at $19,761,235.76. The disclosure for this purchase can be found here. Insiders acquired a total of 106,573 shares of company stock worth $7,698,343 over the last quarter. 7.40% of the stock is currently owned by company insiders.
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Post Company Profile
Post Holdings, Inc is a consumer packaged goods holding company. The Company operates through four segments, namely, Post Consumer Brands, Michael Foods Group, Active Nutrition and Private Brands. The Company’s Post Consumer Brands segment includes the Post Foods branded ready-to-eat cereal operations and the business of MOM Brands.
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