Post Holdings Inc. (POST) Scheduled to Post Earnings on Thursday
Post Holdings Inc. (NYSE:POST) is scheduled to be releasing its earnings data after the market closes on Thursday, November 17th. Analysts expect Post Holdings to post earnings of $0.44 per share for the quarter.
Shares of Post Holdings Inc. (NYSE:POST) opened at 70.68 on Wednesday. The firm’s market cap is $4.57 billion. Post Holdings Inc. has a 12 month low of $50.93 and a 12 month high of $89.00. The firm has a 50-day moving average of $77.28 and a 200 day moving average of $79.75.
In other news, CEO Richard R. Koulouris sold 21,942 shares of Post Holdings stock in a transaction dated Monday, August 22nd. The stock was sold at an average price of $85.33, for a total transaction of $1,872,310.86. Following the completion of the sale, the chief executive officer now directly owns 28,334 shares in the company, valued at approximately $2,417,740.22. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Insiders own 1.10% of the company’s stock.
Several large investors have recently made changes to their positions in POST. Zurcher Kantonalbank Zurich Cantonalbank increased its position in shares of Post Holdings by 14.2% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,004 shares of the company’s stock worth $155,000 after buying an additional 249 shares during the last quarter. Thrivent Financial for Lutherans increased its position in shares of Post Holdings by 11.9% in the second quarter. Thrivent Financial for Lutherans now owns 9,230 shares of the company’s stock worth $763,000 after buying an additional 980 shares during the last quarter. Trexquant Investment LP increased its position in shares of Post Holdings by 28.3% in the second quarter. Trexquant Investment LP now owns 5,900 shares of the company’s stock worth $488,000 after buying an additional 1,300 shares during the last quarter. Comerica Bank increased its position in shares of Post Holdings by 3.6% in the second quarter. Comerica Bank now owns 44,457 shares of the company’s stock worth $3,713,000 after buying an additional 1,529 shares during the last quarter. Finally, KCG Holdings Inc. increased its position in shares of Post Holdings by 32.2% in the second quarter. KCG Holdings Inc. now owns 8,202 shares of the company’s stock worth $678,000 after buying an additional 1,997 shares during the last quarter.
POST has been the subject of a number of recent analyst reports. BMO Capital Markets lowered Post Holdings from an “outperform” rating to a “market perform” rating and decreased their price target for the company from $90.00 to $83.00 in a research report on Wednesday, September 21st. They noted that the move was a valuation call. Pivotal Research decreased their price target on Post Holdings from $105.00 to $90.00 and set a “buy” rating for the company in a research report on Monday, July 25th. Finally, Zacks Investment Research lowered Post Holdings from a “buy” rating to a “hold” rating in a research report on Wednesday, August 17th. Two investment analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus price target of $86.00.
About Post Holdings
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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