ETRADE Capital Management LLC Invests $218,000 in Post Holdings, Inc. (POST) Stock

ETRADE Capital Management LLC purchased a new stake in shares of Post Holdings, Inc. (NYSE:POST) in the third quarter, according to the company in its most recent filing with the SEC. The fund purchased 2,465 shares of the company’s stock, valued at approximately $218,000.

A number of other hedge funds also recently added to or reduced their stakes in the business. IndexIQ Advisors LLC boosted its stake in shares of Post by 0.3% in the 2nd quarter. IndexIQ Advisors LLC now owns 1,485 shares of the company’s stock worth $115,000 after buying an additional 4 shares during the last quarter. Dorsey & Whitney Trust CO LLC boosted its stake in shares of Post by 2.2% in the 2nd quarter. Dorsey & Whitney Trust CO LLC now owns 2,744 shares of the company’s stock worth $213,000 after buying an additional 60 shares during the last quarter. Utah Retirement Systems boosted its stake in shares of Post by 0.8% in the 2nd quarter. Utah Retirement Systems now owns 11,900 shares of the company’s stock worth $924,000 after buying an additional 100 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in shares of Post by 9.5% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,194 shares of the company’s stock worth $170,000 after buying an additional 190 shares during the last quarter. Finally, Raymond James Trust N.A. boosted its stake in shares of Post by 6.6% in the 2nd quarter. Raymond James Trust N.A. now owns 3,484 shares of the company’s stock worth $270,000 after buying an additional 217 shares during the last quarter.

Post Holdings, Inc. (NYSE:POST) traded down $0.48 during trading on Wednesday, reaching $78.54. The company had a trading volume of 900,500 shares, compared to its average volume of 799,739. Post Holdings, Inc. has a fifty-two week low of $75.51 and a fifty-two week high of $89.04. The company has a current ratio of 3.71, a quick ratio of 2.90 and a debt-to-equity ratio of 2.56. The stock has a market capitalization of $5,224.81, a P/E ratio of 29.49, a price-to-earnings-growth ratio of 2.07 and a beta of 0.09.

Post (NYSE:POST) last posted its quarterly earnings data on Thursday, November 16th. The company reported $0.88 EPS for the quarter, missing the consensus estimate of $0.93 by ($0.05). Post had a net margin of 0.92% and a return on equity of 7.31%. The firm had revenue of $1.45 billion during the quarter, compared to analysts’ expectations of $1.43 billion. During the same quarter in the previous year, the company posted $0.61 EPS. Post’s revenue for the quarter was up 14.9% on a year-over-year basis. equities analysts anticipate that Post Holdings, Inc. will post 3.83 earnings per share for the current year.

In other news, Director David W. Kemper acquired 2,500 shares of the company’s stock in a transaction that occurred on Thursday, November 30th. The shares were acquired at an average price of $79.86 per share, for a total transaction of $199,650.00. Following the completion of the purchase, the director now owns 6,700 shares in the company, valued at $535,062. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 7.00% of the stock is currently owned by corporate insiders.

POST has been the topic of a number of research analyst reports. BidaskClub downgraded Post from a “hold” rating to a “sell” rating in a research note on Saturday, October 21st. Zacks Investment Research upgraded Post from a “hold” rating to a “buy” rating and set a $92.00 target price on the stock in a research note on Saturday, October 28th. BMO Capital Markets restated a “buy” rating on shares of Post in a research note on Monday, November 6th. Wells Fargo & Company boosted their target price on Post from $96.00 to $106.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 4th. Finally, SunTrust Banks set a $105.00 target price on Post and gave the stock a “buy” rating in a research note on Thursday, November 16th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and eight have given a buy rating to the company. The company presently has an average rating of “Buy” and an average target price of $103.25.

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Post 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 (NYSE:POST)

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