Retirement Systems of Alabama boosted its stake in shares of Post Holdings, Inc. (NYSE:POST) by 45.6% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 124,361 shares of the company’s stock after purchasing an additional 38,933 shares during the period. Retirement Systems of Alabama owned approximately 0.19% of Post Holdings worth $10,977,000 at the end of the most recent reporting period.
A number of other large investors also recently added to or reduced their stakes in the business. BlackRock Inc. grew its position in Post Holdings by 3.4% during the 2nd quarter. BlackRock Inc. now owns 5,197,967 shares of the company’s stock worth $403,623,000 after purchasing an additional 171,948 shares during the last quarter. Vanguard Group Inc. grew its position in Post Holdings by 0.9% during the 2nd quarter. Vanguard Group Inc. now owns 5,104,315 shares of the company’s stock worth $396,350,000 after purchasing an additional 43,799 shares during the last quarter. FMR LLC grew its position in Post Holdings by 26.5% during the 2nd quarter. FMR LLC now owns 5,067,121 shares of the company’s stock worth $393,462,000 after purchasing an additional 1,060,344 shares during the last quarter. Route One Investment Company L.P. grew its position in Post Holdings by 19.6% during the 2nd quarter. Route One Investment Company L.P. now owns 4,168,083 shares of the company’s stock worth $323,652,000 after purchasing an additional 683,000 shares during the last quarter. Finally, Dimensional Fund Advisors LP grew its position in Post Holdings by 0.9% during the 2nd quarter. Dimensional Fund Advisors LP now owns 2,195,192 shares of the company’s stock worth $170,451,000 after purchasing an additional 20,543 shares during the last quarter.
Shares of Post Holdings, Inc. (NYSE:POST) opened at $80.95 on Friday. The company has a market cap of $5,400.00, a price-to-earnings ratio of 33.17 and a beta of 0.11. The company has a quick ratio of 5.47, a current ratio of 6.43 and a debt-to-equity ratio of 2.31. Post Holdings, Inc. has a twelve month low of $69.10 and a twelve month high of $89.04.
Post Holdings (NYSE:POST) last released its quarterly earnings data on Thursday, November 16th. The company reported $0.88 EPS for the quarter, missing the consensus estimate of $0.93 by ($0.05). Post Holdings had a negative net margin of 0.06% and a positive return on equity of 6.53%. The business had revenue of $1.45 billion during the quarter, compared to analysts’ expectations of $1.43 billion. During the same period last year, the company earned $0.61 earnings per share. The firm’s revenue was up 14.9% on a year-over-year basis. sell-side analysts predict that Post Holdings, Inc. will post 2.73 earnings per share for the current fiscal year.
POST has been the topic of several research analyst reports. BidaskClub downgraded shares of Post Holdings from a “hold” rating to a “sell” rating in a research report on Saturday, October 21st. Zacks Investment Research raised shares of Post Holdings from a “hold” rating to a “buy” rating and set a $92.00 target price on the stock in a research report on Saturday, October 28th. Wells Fargo & Company upped their price objective on shares of Post Holdings from $96.00 to $106.00 and gave the company an “outperform” rating in a report on Wednesday, October 4th. Pivotal Research reaffirmed a “buy” rating and issued a $105.00 price objective on shares of Post Holdings in a report on Wednesday, September 20th. Finally, BMO Capital Markets reaffirmed a “buy” rating on shares of Post Holdings in a report on Monday, November 6th. One analyst has rated the stock with a sell rating, two have issued a hold rating and eight have given a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus target price of $102.29.
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About Post Holdings
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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