Post Holdings Inc (POST) Stake Increased by Schwab Charles Investment Management Inc.

Schwab Charles Investment Management Inc. lifted its stake in shares of Post Holdings Inc (NYSE:POST) by 7.4% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 217,249 shares of the company’s stock after acquiring an additional 14,959 shares during the quarter. Schwab Charles Investment Management Inc. owned about 0.33% of Post worth $19,177,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in POST. FMR LLC boosted its stake in shares of Post by 26.5% during the 2nd quarter. FMR LLC now owns 5,067,121 shares of the company’s stock worth $393,462,000 after acquiring an additional 1,060,344 shares in the last quarter. Route One Investment Company L.P. boosted its stake in shares of Post by 19.6% during the 2nd quarter. Route One Investment Company L.P. now owns 4,168,083 shares of the company’s stock worth $323,652,000 after acquiring an additional 683,000 shares in the last quarter. Victory Capital Management Inc. boosted its stake in Post by 79.1% during the 2nd quarter. Victory Capital Management Inc. now owns 1,515,496 shares of the company’s stock valued at $117,678,000 after purchasing an additional 669,396 shares during the period. TIAA CREF Investment Management LLC boosted its stake in Post by 70.1% during the 2nd quarter. TIAA CREF Investment Management LLC now owns 986,881 shares of the company’s stock valued at $76,631,000 after purchasing an additional 406,791 shares during the period. Finally, UBS Oconnor LLC boosted its stake in Post by 38.6% during the 2nd quarter. UBS Oconnor LLC now owns 1,451,116 shares of the company’s stock valued at $112,679,000 after purchasing an additional 404,235 shares during the period.

Shares of Post Holdings Inc (NYSE:POST) opened at $79.28 on Tuesday. Post Holdings Inc has a 52 week low of $75.76 and a 52 week high of $89.04. The firm has a market capitalization of $5,162.81, a P/E ratio of 29.14, a P/E/G ratio of 2.04 and a beta of 0.09. 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 announced its quarterly earnings data on Thursday, November 16th. The company reported $0.88 EPS for the quarter, missing the Zacks’ consensus estimate of $0.93 by ($0.05). Post had a return on equity of 7.31% and a net margin of 0.92%. The firm had revenue of $1.45 billion during the quarter, compared to the consensus estimate of $1.43 billion. During the same quarter in the prior year, the business posted $0.61 EPS. Post’s revenue was up 14.9% compared to the same quarter last year. equities analysts forecast 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 Post stock in a transaction on Thursday, November 30th. The stock was bought at an average price of $79.86 per share, for a total transaction of $199,650.00. Following the transaction, the director now owns 6,700 shares of the company’s stock, valued at $535,062. The purchase was disclosed in a filing with the SEC, which is available at this hyperlink. 7.00% of the stock is currently owned by company insiders.

POST has been the subject of several recent analyst reports. Zacks Investment Research downgraded Post from a “strong-buy” rating to a “hold” rating in a research note on Saturday, September 9th. BMO Capital Markets upgraded Post from a “market perform” rating to an “outperform” rating and set a $106.00 target price for the company in a research note on Wednesday, September 20th. Pivotal Research restated a “buy” rating and set a $105.00 target price on shares of Post in a research note on Wednesday, September 20th. BidaskClub upgraded Post from a “hold” rating to a “buy” rating in a research note on Thursday, September 28th. Finally, Wells Fargo & Company increased their target price on Post from $96.00 to $106.00 and gave the company an “outperform” rating in a research note on Wednesday, October 4th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and eight have assigned a buy rating to the company. Post presently has a consensus rating of “Buy” and a consensus price target 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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