Post Target of Unusually High Options Trading (POST)
Post Holdings Inc (NYSE:POST) was the recipient of unusually large options trading on Tuesday. Investors acquired 6,202 call options on the stock. This represents an increase of 822% compared to the average volume of 673 call options.
Post (NYSE POST) opened at $77.55 on Friday. The firm has a market capitalization of $5,193.08, a PE ratio of 29.31, a P/E/G ratio of 2.05 and a beta of 0.09. Post has a fifty-two week low of $75.76 and a fifty-two week high of $89.04. The company has a quick ratio of 2.90, a current ratio of 3.71 and a debt-to-equity ratio of 2.56.
Post (NYSE:POST) last posted its quarterly earnings data on Thursday, November 16th. The company reported $0.88 EPS for the quarter, missing the Thomson Reuters’ consensus estimate 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 for the quarter, compared to analysts’ expectations of $1.43 billion. During the same quarter last year, the firm posted $0.61 earnings per share. Post’s quarterly revenue was up 14.9% on a year-over-year basis. analysts forecast that Post will post 3.83 earnings per share for the current fiscal year.
In other Post news, Director David W. Kemper bought 2,500 shares of the company’s stock in a transaction that occurred on Thursday, November 30th. The shares were purchased at an average cost of $79.86 per share, for a total transaction of $199,650.00. Following the purchase, the director now directly owns 6,700 shares in the company, valued at $535,062. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 7.00% of the stock is owned by insiders.
A number of large investors have recently bought and sold shares of POST. IndexIQ Advisors LLC grew its position in shares of Post by 0.3% in the second quarter. IndexIQ Advisors LLC now owns 1,485 shares of the company’s stock valued at $115,000 after purchasing an additional 4 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank grew its position in shares of Post by 9.5% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,194 shares of the company’s stock valued at $170,000 after purchasing an additional 190 shares in the last quarter. Affinity Wealth Management purchased a new stake in shares of Post in the third quarter valued at approximately $205,000. South State Corp purchased a new stake in shares of Post in the third quarter valued at approximately $208,000. Finally, ETRADE Capital Management LLC purchased a new stake in shares of Post in the third quarter valued at approximately $218,000.
POST has been the subject of a number of research reports. BidaskClub cut Post from a “hold” rating to a “sell” rating in a research report on Saturday, October 21st. Zacks Investment Research raised Post from a “hold” rating to a “buy” rating and set a $92.00 price target for the company in a research report on Saturday, October 28th. BMO Capital Markets reaffirmed a “buy” rating on shares of Post in a research report on Monday, November 6th. Wells Fargo & Company lifted their price target on Post from $96.00 to $106.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 4th. Finally, SunTrust Banks set a $105.00 price target on Post and gave the stock a “buy” rating in a research report on Thursday, November 16th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and eight have issued a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average target price of $103.25.
Post Company Profile
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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