Eos Focused Equity Management L.P. raised its position in Post Holdings Inc (NYSE:POST) by 11.6% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 72,863 shares of the company’s stock after purchasing an additional 7,555 shares during the quarter. Post accounts for about 9.2% of Eos Focused Equity Management L.P.’s holdings, making the stock its 3rd biggest holding. Eos Focused Equity Management L.P. owned about 0.10% of Post worth $7,576,000 at the end of the most recent reporting period.
A number of other institutional investors have also recently bought and sold shares of the business. Advisory Services Network LLC increased its stake in shares of Post by 100.0% in the second quarter. Advisory Services Network LLC now owns 266 shares of the company’s stock valued at $28,000 after buying an additional 133 shares during the period. Steward Partners Investment Advisory LLC acquired a new stake in shares of Post in the second quarter valued at about $38,000. Quadrant Capital Group LLC increased its stake in shares of Post by 2,145.0% in the first quarter. Quadrant Capital Group LLC now owns 449 shares of the company’s stock valued at $48,000 after buying an additional 429 shares during the period. NEXT Financial Group Inc acquired a new stake in shares of Post in the second quarter valued at about $65,000. Finally, First Interstate Bank acquired a new stake in shares of Post in the second quarter valued at about $75,000. Hedge funds and other institutional investors own 91.85% of the company’s stock.
In other news, insider Mark W. Westphal acquired 2,000 shares of Post stock in a transaction on Thursday, August 29th. The stock was purchased at an average price of $98.13 per share, with a total value of $196,260.00. Following the completion of the purchase, the insider now owns 40,703 shares of the company’s stock, valued at approximately $3,994,185.39. The purchase was disclosed in a document filed with the SEC, which is available through this hyperlink. Company insiders own 8.10% of the company’s stock.
NYSE POST opened at $105.49 on Friday. The company has a debt-to-equity ratio of 1.97, a current ratio of 2.02 and a quick ratio of 1.23. Post Holdings Inc has a one year low of $83.88 and a one year high of $113.73. The business has a 50 day simple moving average of $102.09 and a 200 day simple moving average of $105.30. The stock has a market capitalization of $7.63 billion, a P/E ratio of 25.86, a P/E/G ratio of 3.13 and a beta of 0.36.
Post (NYSE:POST) last announced its quarterly earnings data on Thursday, August 1st. The company reported $1.19 EPS for the quarter, missing the Zacks’ consensus estimate of $1.24 by ($0.05). Post had a net margin of 2.90% and a return on equity of 11.15%. The firm had revenue of $1.44 billion during the quarter, compared to analyst estimates of $1.46 billion. During the same period last year, the business posted $1.06 EPS. The company’s revenue was down 10.5% on a year-over-year basis. Equities analysts expect that Post Holdings Inc will post 4.77 earnings per share for the current year.
POST has been the subject of several recent analyst reports. Zacks Investment Research cut Post from a “hold” rating to a “sell” rating in a research note on Thursday, July 4th. ValuEngine cut Post from a “buy” rating to a “hold” rating in a research note on Thursday, August 1st. Piper Jaffray Companies cut Post from an “overweight” rating to a “neutral” rating in a research note on Friday, July 19th. Finally, Evercore ISI initiated coverage on Post in a research note on Tuesday, June 11th. They set an “outperform” rating and a $125.00 target price for the company. 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. The stock has a consensus rating of “Buy” and an average target price of $122.00.
Post Company Profile
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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