Dynamic Technology Lab Private Ltd Invests $270,000 in Post Holdings, Inc. (POST)

Dynamic Technology Lab Private Ltd purchased a new position in Post Holdings, Inc. (NYSE:POST) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 3,470 shares of the company’s stock, valued at approximately $270,000.

Several other large investors also recently bought and sold shares of the stock. Ameritas Investment Partners Inc. raised its holdings in shares of Post Holdings by 4.6% in the 2nd quarter. Ameritas Investment Partners Inc. now owns 19,830 shares of the company’s stock worth $1,540,000 after purchasing an additional 881 shares during the period. Bank of Nova Scotia raised its holdings in shares of Post Holdings by 269.4% in the 2nd quarter. Bank of Nova Scotia now owns 319,800 shares of the company’s stock worth $24,832,000 after purchasing an additional 233,224 shares during the period. The Manufacturers Life Insurance Company raised its holdings in shares of Post Holdings by 4.8% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 97,202 shares of the company’s stock worth $7,547,000 after purchasing an additional 4,435 shares during the period. Cubist Systematic Strategies LLC raised its holdings in shares of Post Holdings by 82.9% in the 2nd quarter. Cubist Systematic Strategies LLC now owns 4,400 shares of the company’s stock worth $342,000 after purchasing an additional 1,994 shares during the period. Finally, State Street Corp raised its holdings in shares of Post Holdings by 2.8% in the 2nd quarter. State Street Corp now owns 1,704,431 shares of the company’s stock worth $132,350,000 after purchasing an additional 46,702 shares during the period.

A number of equities research analysts recently commented on the stock. Zacks Investment Research cut shares of Post Holdings from a “hold” rating to a “strong sell” rating in a report on Friday, October 6th. BidaskClub raised shares of Post Holdings from a “hold” rating to a “buy” rating in a report on Thursday, September 28th. Wells Fargo & Company lifted their price target on shares of Post Holdings from $96.00 to $106.00 and gave the stock an “outperform” rating in a report on Wednesday, October 4th. Pivotal Research reaffirmed a “buy” rating and issued a $105.00 price target on shares of Post Holdings in a report on Wednesday, September 20th. Finally, BMO Capital Markets raised shares of Post Holdings from a “market perform” rating to an “outperform” rating and set a $106.00 price target on the stock in a report on Wednesday, September 20th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and seven have issued a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus price target of $101.83.

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Post Holdings, Inc. (NYSE POST) opened at 81.57 on Tuesday. The stock’s market capitalization is $5.40 billion. The company has a 50-day moving average of $85.73 and a 200-day moving average of $83.11. Post Holdings, Inc. has a 1-year low of $68.76 and a 1-year high of $89.04.

Post Holdings (NYSE:POST) last released its quarterly earnings results on Thursday, August 3rd. The company reported $0.63 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.61 by $0.02. Post Holdings had a negative net margin of 0.06% and a positive return on equity of 6.53%. The business had revenue of $1.27 billion for the quarter, compared to the consensus estimate of $1.25 billion. During the same period last year, the firm earned $0.62 earnings per share. The company’s quarterly revenue was up 2.1% on a year-over-year basis. Analysts anticipate that Post Holdings, Inc. will post $2.69 earnings per share for the current fiscal year.

Post Holdings 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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Institutional Ownership by Quarter for Post Holdings (NYSE:POST)

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