Waratah Capital Advisors Ltd. decreased its stake in shares of Post Holdings Inc (NYSE:POST) by 7.2% during the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 20,715 shares of the company’s stock after selling 1,608 shares during the quarter. Waratah Capital Advisors Ltd.’s holdings in Post were worth $2,266,000 at the end of the most recent reporting period.
A number of other hedge funds have also bought and sold shares of the business. Louisiana State Employees Retirement System increased its stake in Post by 0.6% during the first quarter. Louisiana State Employees Retirement System now owns 17,800 shares of the company’s stock worth $1,947,000 after acquiring an additional 100 shares during the last quarter. Nisa Investment Advisors LLC increased its stake in Post by 0.5% during the first quarter. Nisa Investment Advisors LLC now owns 19,700 shares of the company’s stock worth $2,155,000 after acquiring an additional 100 shares during the last quarter. Crossmark Global Holdings Inc. increased its stake in Post by 1.4% during the first quarter. Crossmark Global Holdings Inc. now owns 7,961 shares of the company’s stock worth $871,000 after acquiring an additional 110 shares during the last quarter. Goelzer Investment Management Inc. increased its stake in Post by 1.0% during the first quarter. Goelzer Investment Management Inc. now owns 20,984 shares of the company’s stock worth $2,296,000 after acquiring an additional 206 shares during the last quarter. Finally, JOYN Advisors Inc. increased its stake in Post by 93.4% during the fourth quarter. JOYN Advisors Inc. now owns 468 shares of the company’s stock worth $42,000 after acquiring an additional 226 shares during the last quarter. 95.19% of the stock is owned by institutional investors.
Several equities research analysts have issued reports on POST shares. Zacks Investment Research raised Post from a “strong sell” rating to a “hold” rating in a research note on Thursday, January 17th. Piper Jaffray Companies cut Post from an “overweight” rating to a “neutral” rating and dropped their price objective for the company from $115.00 to $109.00 in a research note on Thursday, January 24th. Wells Fargo & Co set a $114.00 price objective on Post and gave the company a “buy” rating in a research note on Friday, January 25th. SunTrust Banks lifted their price objective on Post to $115.00 and gave the company a “buy” rating in a research note on Monday, February 4th. Finally, Pivotal Research reaffirmed a “buy” rating and issued a $125.00 price objective on shares of Post in a research note on Friday, May 3rd. One research analyst has rated the stock with a sell rating, two have given a hold rating and nine have assigned a buy rating to the company’s stock. Post presently has a consensus rating of “Buy” and an average target price of $117.90.
Shares of NYSE POST traded up $3.14 during trading on Thursday, reaching $110.43. The stock had a trading volume of 14,197 shares, compared to its average volume of 621,101. Post Holdings Inc has a fifty-two week low of $75.01 and a fifty-two week high of $113.73. The company has a current ratio of 1.93, a quick ratio of 1.08 and a debt-to-equity ratio of 1.95. The stock has a market capitalization of $7.80 billion, a PE ratio of 26.96, a PEG ratio of 2.99 and a beta of 0.23.
Post (NYSE:POST) last issued its quarterly earnings data on Thursday, May 2nd. The company reported $1.28 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.13 by $0.15. Post had a return on equity of 10.94% and a net margin of 4.15%. The business had revenue of $1.39 billion during the quarter, compared to analysts’ expectations of $1.42 billion. During the same period in the previous year, the firm posted $1.06 earnings per share. The company’s revenue was down 12.5% on a year-over-year basis. On average, equities analysts predict that Post Holdings Inc will post 5.05 earnings per share for the current year.
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Post Holdings, Inc operates as a consumer packaged goods holding company in the United States and internationally. It operates through Post Consumer Brands, Weetabix, Refrigerated Food, and Active Nutrition segments. The Post Consumer Brands segment manufactures, markets, and sells branded and private label ready-to-eat (RTE) cereal and hot cereal products.
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