Xact Kapitalforvaltning AB boosted its stake in Post Holdings Inc (NYSE:POST) by 65.2% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,109 shares of the company’s stock after purchasing an additional 3,200 shares during the quarter. Xact Kapitalforvaltning AB’s holdings in Post were worth $614,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Tower Research Capital LLC TRC grew its holdings in shares of Post by 734.8% in the fourth quarter. Tower Research Capital LLC TRC now owns 1,319 shares of the company’s stock worth $105,000 after purchasing an additional 1,161 shares during the last quarter. Envestnet Asset Management Inc. grew its holdings in shares of Post by 113.5% in the first quarter. Envestnet Asset Management Inc. now owns 1,467 shares of the company’s stock worth $114,000 after purchasing an additional 780 shares during the last quarter. Amundi Pioneer Asset Management Inc. bought a new position in shares of Post in the fourth quarter worth approximately $117,000. Ironwood Investment Counsel LLC bought a new position in shares of Post in the first quarter worth approximately $231,000. Finally, Laurel Wealth Advisors Inc. bought a new position in shares of Post in the fourth quarter worth approximately $250,000.
NYSE:POST opened at $84.85 on Tuesday. The firm has a market capitalization of $5.79 billion, a P/E ratio of 24.93, a P/E/G ratio of 2.83 and a beta of -0.09. Post Holdings Inc has a twelve month low of $70.66 and a twelve month high of $88.93. The company has a current ratio of 2.24, a quick ratio of 1.38 and a debt-to-equity ratio of 2.36.
Post (NYSE:POST) last released its quarterly earnings results on Thursday, May 3rd. The company reported $1.06 earnings per share for the quarter, missing the consensus estimate of $1.08 by ($0.02). The company had revenue of $1.59 billion during the quarter, compared to the consensus estimate of $1.55 billion. Post had a net margin of 5.94% and a return on equity of 9.07%. The business’s revenue was up 26.3% on a year-over-year basis. During the same quarter last year, the firm earned $0.55 EPS. analysts predict that Post Holdings Inc will post 4.34 earnings per share for the current fiscal year.
Several brokerages have recently issued reports on POST. Vertical Group cut shares of Post from a “buy” rating to a “hold” rating in a report on Wednesday, June 27th. ValuEngine upgraded shares of Post from a “sell” rating to a “hold” rating in a report on Monday, June 11th. Zacks Investment Research cut shares of Post from a “buy” rating to a “hold” rating in a report on Wednesday, April 11th. Citigroup set a $105.00 price target on shares of Post and gave the company a “buy” rating in a report on Tuesday, May 8th. Finally, Pivotal Research reiterated a “buy” rating and issued a $105.00 price target on shares of Post in a report on Friday, May 4th. One research analyst has rated the stock with a sell rating, three have given a hold rating and seven have assigned a buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average target price of $99.86.
In other Post news, Director David P. Skarie sold 2,500 shares of the firm’s stock in a transaction on Thursday, May 24th. The stock was sold at an average price of $76.96, for a total transaction of $192,400.00. Following the completion of the transaction, the director now owns 27,493 shares of the company’s stock, valued at $2,115,861.28. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 7.40% of the company’s stock.
Post Company Profile
Post Holdings, Inc operates as a consumer packaged goods holding company in the United States and internationally. It manufactures and sells ready-to-eat cereal and hot cereal, egg, refrigerated potato, cheese and other dairy case, and pasta products; and markets and distributes ready-to-drink beverages, bars, powders and other nutritional supplements.
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.