Braun Stacey Associates Inc. grew its stake in shares of Post Holdings, Inc. (NYSE:POST – Free Report) by 4.1% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 208,685 shares of the company’s stock after purchasing an additional 8,287 shares during the quarter. Braun Stacey Associates Inc. owned approximately 0.46% of Post worth $18,419,000 at the end of the most recent quarter.
A number of other hedge funds have also recently made changes to their positions in POST. Norges Bank purchased a new position in Post in the 4th quarter worth about $113,660,000. Diamond Hill Capital Management LLC Investment Advisor bought a new position in Post in the 2nd quarter worth about $54,599,000. Arrowstreet Capital Limited Partnership grew its stake in Post by 104.5% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 415,493 shares of the company’s stock worth $41,155,000 after acquiring an additional 212,325 shares in the last quarter. H Squared Management LP purchased a new position in shares of Post during the fourth quarter worth approximately $19,115,000. Finally, Duquesne Family Office LLC purchased a new position in shares of Post during the third quarter worth approximately $18,959,000. 94.85% of the stock is currently owned by institutional investors.
Analyst Ratings Changes
POST has been the subject of a number of research reports. JPMorgan Chase & Co. lowered their price target on Post from $116.00 to $99.00 and set an “overweight” rating for the company in a report on Monday, August 10th. Barclays reduced their price objective on Post from $106.00 to $95.00 and set an “overweight” rating on the stock in a report on Monday, August 10th. Weiss Ratings lowered Post from a “hold (c)” rating to a “sell (d+)” rating in a research report on Monday, August 17th. Wells Fargo & Company lowered their target price on Post from $98.00 to $86.00 and set an “equal weight” rating for the company in a report on Monday, August 10th. Finally, Evercore set a $121.00 price target on Post in a research report on Monday, August 10th. Four equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $109.00.
Post Price Performance
Shares of POST opened at $85.25 on Friday. The company has a debt-to-equity ratio of 2.47, a quick ratio of 0.99 and a current ratio of 1.85. The company has a 50 day moving average price of $86.49 and a 200-day moving average price of $95.44. Post Holdings, Inc. has a fifty-two week low of $75.40 and a fifty-two week high of $117.28. The stock has a market capitalization of $3.86 billion, a PE ratio of 15.67 and a beta of 0.40.
Post (NYSE:POST – Get Free Report) last issued its quarterly earnings data on Thursday, August 6th. The company reported $1.78 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.70 by $0.08. The company had revenue of $1.95 billion for the quarter, compared to analyst estimates of $2.02 billion. Post had a net margin of 3.48% and a return on equity of 13.22%. Post’s revenue was down 1.8% compared to the same quarter last year. During the same period last year, the company posted $2.03 earnings per share. Equities analysts predict that Post Holdings, Inc. will post 7.56 earnings per share for the current fiscal year.
More Post News
Here are the key news stories impacting Post this week:
- Neutral Sentiment: Recent market coverage provides only stock-quote references for Post Holdings, including Morningstar Post Holdings quote and Yahoo Finance Post Holdings quote; neither reports new operating results, analyst actions, acquisitions, or guidance.
- Neutral Sentiment: The latest reported quarter remains the key fundamental reference: Post Holdings delivered adjusted earnings of $1.78 per share, above the $1.70 consensus, but revenue of $1.95 billion fell short of the $2.02 billion estimate and declined 1.8% year over year. EPS also decreased from $2.03 in the prior-year period.
- Negative Sentiment: Investors continue to face mixed signals: the company’s earnings beat was offset by weaker sales, a low 3.48% net margin, and elevated leverage, with debt-to-equity of 2.47. The shares also remain below both their 50-day and 200-day moving averages, indicating continued technical pressure.
Post Company Profile
Post Holdings, Inc is a consumer packaged goods company that operates as a holding company for a diverse portfolio of food and beverage brands. The company’s principal activities include the production, marketing and distribution of ready-to-eat cereal, refrigerated and frozen foods, and nutritional beverages. Through its operating segments—Post Consumer Brands, Foodservice, Refrigerated Side Dishes & Bakery, and Active Nutrition—Post Holdings delivers a broad array of products to retail grocers, convenience stores, foodservice operators and e-commerce channels.
The Post Consumer Brands segment features a variety of hot and cold cereals under names such as Honey Bunches of Oats, Shredded Wheat and Pebbles.
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