Virtu Financial LLC bought a new position in Post Holdings Inc (NYSE:POST) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 3,712 shares of the company’s stock, valued at approximately $294,000.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in POST. Levin Capital Strategies L.P. boosted its holdings in shares of Post by 371.0% during the 4th quarter. Levin Capital Strategies L.P. now owns 985,710 shares of the company’s stock valued at $78,098,000 after purchasing an additional 776,411 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in shares of Post by 23.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 2,027,185 shares of the company’s stock valued at $176,447,000 after purchasing an additional 380,818 shares during the last quarter. Waratah Capital Advisors Ltd. bought a new position in shares of Post during the 4th quarter valued at about $10,254,000. Gamco Investors INC. ET AL boosted its holdings in shares of Post by 17.5% during the 4th quarter. Gamco Investors INC. ET AL now owns 842,787 shares of the company’s stock valued at $66,774,000 after purchasing an additional 125,663 shares during the last quarter. Finally, BlackRock Inc. boosted its holdings in shares of Post by 2.3% during the 4th quarter. BlackRock Inc. now owns 5,372,840 shares of the company’s stock valued at $425,692,000 after purchasing an additional 118,404 shares during the last quarter.
Several research analysts have commented on POST shares. Wells Fargo dropped their price objective on shares of Post from $106.00 to $90.00 and set an “outperform” rating for the company in a report on Tuesday, February 6th. They noted that the move was a valuation call. Vertical Group raised shares of Post from a “hold” rating to a “buy” rating in a report on Monday, February 5th. Zacks Investment Research downgraded shares of Post from a “hold” rating to a “sell” rating in a report on Wednesday, December 20th. Pivotal Research reissued a “buy” rating and set a $105.00 price objective on shares of Post in a report on Friday, February 2nd. Finally, ValuEngine downgraded shares of Post from a “hold” rating to a “sell” rating in a report on Monday, April 2nd. Two research analysts have rated the stock with a sell rating, one has assigned a hold rating and ten have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $100.13.
In other news, Director William P. Stiritz acquired 100,000 shares of Post stock in a transaction that occurred on Monday, February 12th. The shares were bought at an average cost of $71.99 per share, with a total value of $7,199,000.00. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website. Also, CFO Jeff A. Zadoks acquired 1,353 shares of Post stock in a transaction that occurred on Tuesday, February 6th. The stock was purchased at an average cost of $73.30 per share, for a total transaction of $99,174.90. Following the completion of the transaction, the chief financial officer now directly owns 7,668 shares in the company, valued at $562,064.40. The disclosure for this purchase can be found here. Insiders purchased a total of 104,073 shares of company stock worth $7,498,693 over the last three months. 7.40% of the stock is currently owned by corporate insiders.
Shares of NYSE POST opened at $77.94 on Friday. The company has a debt-to-equity ratio of 2.47, a quick ratio of 3.27 and a current ratio of 4.05. The stock has a market cap of $5,389.78, a PE ratio of 29.19, a price-to-earnings-growth ratio of 1.24 and a beta of -0.08. Post Holdings Inc has a 12-month low of $70.66 and a 12-month high of $89.04.
Post (NYSE:POST) last posted its quarterly earnings data on Thursday, February 1st. The company reported $0.88 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.92 by ($0.04). Post had a return on equity of 7.90% and a net margin of 4.54%. The firm had revenue of $1.43 billion during the quarter, compared to analysts’ expectations of $1.42 billion. During the same period last year, the company earned $0.62 earnings per share. The business’s revenue for the quarter was up 14.7% compared to the same quarter last year. sell-side analysts expect that Post Holdings Inc will post 4.53 EPS for the current year.
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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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