Post Holdings Inc (POST) Director William P. Stiritz Buys 35,755 Shares

Post Holdings Inc (NYSE:POST) Director William P. Stiritz bought 35,755 shares of the stock in a transaction dated Friday, February 8th. The shares were bought at an average cost of $97.75 per share, with a total value of $3,495,051.25. Following the completion of the acquisition, the director now directly owns 2,692,108 shares of the company’s stock, valued at approximately $263,153,557. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Shares of NYSE POST opened at $102.70 on Wednesday. The company has a debt-to-equity ratio of 2.01, a current ratio of 1.56 and a quick ratio of 0.93. The company has a market cap of $6.68 billion, a PE ratio of 25.17, a price-to-earnings-growth ratio of 3.27 and a beta of 0.22. Post Holdings Inc has a 12-month low of $70.66 and a 12-month high of $103.07.

Post (NYSE:POST) last issued its quarterly earnings data on Thursday, January 31st. The company reported $1.11 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.00 by $0.11. The business had revenue of $1.41 billion during the quarter, compared to the consensus estimate of $1.39 billion. Post had a return on equity of 10.53% and a net margin of 4.78%. On average, analysts predict that Post Holdings Inc will post 5 earnings per share for the current year.

Several equities analysts have recently commented on the company. SunTrust Banks upped their target price on Post to $115.00 and gave the company a “buy” rating in a report on Monday, February 4th. Wells Fargo & Co upped their target price on Post from $114.00 to $120.00 and gave the company an “outperform” rating in a report on Monday, February 4th. Piper Jaffray Companies lowered Post from an “overweight” rating to a “neutral” rating and lowered their target price for the company from $115.00 to $109.00 in a report on Thursday, January 24th. Zacks Investment Research raised Post from a “sell” rating to a “hold” rating in a report on Wednesday, January 23rd. Finally, Citigroup set a $120.00 target price on Post and gave the company a “buy” rating in a report on Tuesday, November 20th. Three analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. Post presently has an average rating of “Buy” and a consensus target price of $113.75.

Several hedge funds and other institutional investors have recently modified their holdings of POST. Jane Street Group LLC acquired a new position in shares of Post during the second quarter worth approximately $369,000. Bank of New York Mellon Corp boosted its position in shares of Post by 0.9% during the second quarter. Bank of New York Mellon Corp now owns 666,181 shares of the company’s stock worth $57,305,000 after buying an additional 6,157 shares during the period. Bank of Montreal Can boosted its position in shares of Post by 7.7% during the third quarter. Bank of Montreal Can now owns 18,351 shares of the company’s stock worth $1,800,000 after buying an additional 1,315 shares during the period. Tributary Capital Management LLC boosted its position in shares of Post by 71.4% during the third quarter. Tributary Capital Management LLC now owns 15,600 shares of the company’s stock worth $1,529,000 after buying an additional 6,500 shares during the period. Finally, Highland Capital Management LLC acquired a new position in shares of Post during the third quarter worth approximately $1,257,000.

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Post Company Profile

Post Holdings, Inc operates as a consumer packaged goods holding company in the United States and internationally. It operates through Post Consumer Brands, Weetabix, Refrigerated Food, and Active Nutrition segments. The Post Consumer Brands segment manufactures, markets, and sells branded and private label ready-to-eat (RTE) cereal and hot cereal products.

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