Country Trust Bank increased its position in shares of Post Holdings Inc (NYSE:POST) by 22.8% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 296,812 shares of the company’s stock after buying an additional 55,165 shares during the period. Country Trust Bank’s holdings in Post were worth $23,516,000 as of its most recent filing with the SEC.
Other hedge funds and other institutional investors have also recently made changes to their positions in the company. FMR LLC lifted its holdings in Post by 26.5% during the second quarter. FMR LLC now owns 5,067,121 shares of the company’s stock valued at $393,462,000 after purchasing an additional 1,060,344 shares in the last quarter. Route One Investment Company L.P. lifted its stake in shares of Post by 19.6% in the second quarter. Route One Investment Company L.P. now owns 4,168,083 shares of the company’s stock worth $323,652,000 after buying an additional 683,000 shares in the last quarter. Victory Capital Management Inc. lifted its stake in shares of Post by 30.3% in the third quarter. Victory Capital Management Inc. now owns 1,974,396 shares of the company’s stock worth $174,280,000 after buying an additional 458,900 shares in the last quarter. TIAA CREF Investment Management LLC lifted its stake in shares of Post by 70.1% in the second quarter. TIAA CREF Investment Management LLC now owns 986,881 shares of the company’s stock worth $76,631,000 after buying an additional 406,791 shares in the last quarter. Finally, UBS Oconnor LLC lifted its stake in shares of Post by 38.6% in the second quarter. UBS Oconnor LLC now owns 1,451,116 shares of the company’s stock worth $112,679,000 after buying an additional 404,235 shares in the last quarter.
POST has been the topic of several research reports. BidaskClub downgraded shares of Post from a “hold” rating to a “sell” rating in a research note on Saturday, October 21st. Zacks Investment Research cut shares of Post from a “buy” rating to a “hold” rating in a research report on Saturday, December 2nd. BMO Capital Markets restated a “buy” rating on shares of Post in a research report on Monday, November 6th. Citigroup set a $110.00 price objective on shares of Post and gave the stock a “buy” rating in a research report on Monday, November 20th. Finally, SunTrust Banks set a $105.00 price objective on shares of Post and gave the stock a “buy” rating in a research report on Thursday, November 16th. Two analysts have rated the stock with a sell rating, two have given a hold rating and eight have assigned a buy rating to the stock. The stock presently has an average rating of “Buy” and an average target price of $103.25.
Shares of Post Holdings Inc (NYSE:POST) traded down $0.99 during mid-day trading on Thursday, hitting $79.00. 1,252,000 shares of the company were exchanged, compared to its average volume of 745,257. The company has a quick ratio of 2.90, a current ratio of 3.71 and a debt-to-equity ratio of 2.56. The firm has a market capitalization of $5,240.00, a PE ratio of 263.33, a P/E/G ratio of 2.16 and a beta of 0.09. Post Holdings Inc has a 52-week low of $75.76 and a 52-week high of $89.04.
Post (NYSE:POST) last issued its quarterly earnings results on Thursday, November 16th. The company reported $0.88 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.93 by ($0.05). Post had a return on equity of 1.58% and a net margin of 0.98%. The firm had revenue of $1.45 billion during the quarter, compared to analysts’ expectations of $1.43 billion. During the same quarter in the prior year, the firm earned $0.61 EPS. The firm’s revenue was up 14.9% compared to the same quarter last year. equities analysts forecast that Post Holdings Inc will post 3.71 earnings per share for the current fiscal 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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