stated that they own a 10.2% stake in Post Holdings Inc (NYSE:POST) in a Schedule 13G/A disclosure that was filed with the SEC on Monday, March 12th. The investor owns 6,759,139 shares of the stock worth approximately $548,030,990. The disclosure is available through the SEC website at this link.
Shares of Post Holdings Inc (POST) traded up $0.24 during trading hours on Monday, hitting $81.08. The stock had a trading volume of 14,278 shares, compared to its average volume of 1,020,183. Post Holdings Inc has a 52-week low of $71.06 and a 52-week high of $89.04. The company has a market capitalization of $5,554.69, a PE ratio of 27.50, a P/E/G ratio of 1.28 and a beta of -0.03. The company has a quick ratio of 3.27, a current ratio of 4.05 and a debt-to-equity ratio of 2.47.
Post (NYSE:POST) last announced its quarterly earnings data on Thursday, February 1st. The company reported $0.88 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.92 by ($0.04). Post had a net margin of 4.54% and a return on equity of 7.90%. The company had revenue of $1.43 billion for the quarter, compared to the consensus estimate of $1.42 billion. During the same period last year, the business posted $0.62 earnings per share. The firm’s quarterly revenue was up 14.7% compared to the same quarter last year. research analysts expect that Post Holdings Inc will post 4.52 EPS for the current fiscal year.
A number of research analysts recently commented on POST shares. Wells Fargo & Co reduced their target price on Post from $106.00 to $90.00 and set an “outperform” rating on the stock in a research note on Tuesday, February 6th. They noted that the move was a valuation call. Zacks Investment Research cut Post from a “buy” rating to a “hold” rating in a research note on Saturday, December 2nd. Vertical Group raised Post from a “hold” rating to a “buy” rating in a research note on Monday, February 5th. Pivotal Research reissued a “buy” rating and issued a $105.00 target price on shares of Post in a research note on Friday, February 2nd. Finally, Citigroup set a $110.00 target price on Post and gave the company a “buy” rating in a research note on Monday, November 20th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and ten have given a buy rating to the stock. The company currently has a consensus rating of “Buy” and an average price target of $100.13.
In other news, Director William P. Stiritz bought 100,000 shares of the company’s stock in a transaction dated Monday, February 12th. The stock was bought at an average cost of $71.99 per share, for a total transaction of $7,199,000.00. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Robert V. Vitale bought 2,720 shares of the company’s stock in a transaction dated Tuesday, February 6th. The shares were purchased at an average price of $73.72 per share, with a total value of $200,518.40. Following the completion of the acquisition, the chief executive officer now owns 268,058 shares of the company’s stock, valued at approximately $19,761,235.76. The disclosure for this purchase can be found here. Over the last quarter, insiders have bought 104,073 shares of company stock valued at $7,498,693. 7.40% of the stock is currently owned by company insiders.
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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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