Nationwide Fund Advisors lowered its stake in shares of Post Holdings, Inc. (NYSE:POST) by 1.5% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 128,758 shares of the company’s stock after selling 1,909 shares during the quarter. Nationwide Fund Advisors owned 0.19% of Post worth $11,365,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors also recently bought and sold shares of the company. IndexIQ Advisors LLC increased its position in shares of Post by 0.3% during the second quarter. IndexIQ Advisors LLC now owns 1,485 shares of the company’s stock worth $115,000 after acquiring an additional 4 shares during the period. Dorsey & Whitney Trust CO LLC increased its holdings in Post by 2.2% in the second quarter. Dorsey & Whitney Trust CO LLC now owns 2,744 shares of the company’s stock valued at $213,000 after buying an additional 60 shares during the last quarter. Utah Retirement Systems increased its holdings in Post by 0.8% in the second quarter. Utah Retirement Systems now owns 11,900 shares of the company’s stock valued at $924,000 after buying an additional 100 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in 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 buying an additional 190 shares during the last quarter. Finally, Raymond James Trust N.A. increased its holdings in Post by 6.6% in the second quarter. Raymond James Trust N.A. now owns 3,484 shares of the company’s stock valued at $270,000 after buying an additional 217 shares during the last quarter.
Several equities analysts recently commented on POST shares. SunTrust Banks set a $105.00 target price on Post and gave the company a “buy” rating in a report on Thursday, November 16th. BMO Capital Markets reissued a “buy” rating on shares of Post in a report on Monday, November 6th. BidaskClub raised Post from a “hold” rating to a “buy” rating in a report on Thursday, September 28th. Pivotal Research reissued a “buy” rating and issued a $105.00 target price on shares of Post in a report on Wednesday, September 20th. Finally, Zacks Investment Research raised Post from a “hold” rating to a “buy” rating and set a $92.00 target price on the stock in a report on Saturday, October 28th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and eight have assigned a buy rating to the company’s stock. Post currently has a consensus rating of “Buy” and a consensus price target of $103.25.
Shares of Post Holdings, Inc. (NYSE:POST) traded down $0.50 during mid-day trading on Tuesday, hitting $79.02. The company’s stock had a trading volume of 600,300 shares, compared to its average volume of 799,307. The stock has a market capitalization of $5,257.87, a price-to-earnings ratio of 29.67, a price-to-earnings-growth ratio of 2.08 and a beta of 0.09. Post Holdings, Inc. has a 12 month low of $75.42 and a 12 month high of $89.04. The company has a debt-to-equity ratio of 2.56, a quick ratio of 2.90 and a current ratio of 3.71.
Post (NYSE:POST) last issued its quarterly earnings data on Thursday, November 16th. The company reported $0.88 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.93 by ($0.05). The firm had revenue of $1.45 billion for the quarter, compared to analysts’ expectations of $1.43 billion. Post had a return on equity of 7.31% and a net margin of 0.92%. The business’s revenue for the quarter was up 14.9% compared to the same quarter last year. During the same period in the previous year, the business posted $0.61 EPS. research analysts forecast that Post Holdings, Inc. will post 3.83 EPS for the current fiscal year.
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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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