Post Holdings Inc. (POST) Director Purchases $9,057,600.00 in Stock
Post Holdings Inc. (NYSE:POST) Director William P. Stiritz bought 120,000 shares of Post Holdings stock in a transaction on Monday, November 21st. The stock was acquired at an average cost of $75.48 per share, with a total value of $9,057,600.00. Following the acquisition, the director now owns 1,381,996 shares in the company, valued at approximately $104,313,058.08. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.
Shares of Post Holdings Inc. (NYSE:POST) traded down 0.56% during mid-day trading on Wednesday, hitting $74.22. The company had a trading volume of 812,031 shares. Post Holdings Inc. has a 1-year low of $50.93 and a 1-year high of $89.00. The company’s market capitalization is $4.82 billion. The company has a 50-day moving average price of $76.70 and a 200-day moving average price of $79.82.
Post Holdings (NYSE:POST) last posted its earnings results on Thursday, November 17th. The company reported $0.61 earnings per share for the quarter, topping analysts’ consensus estimates of $0.44 by $0.17. The company earned $1.26 billion during the quarter. Post Holdings had a positive return on equity of 6.92% and a negative net margin of 0.07%. The firm’s quarterly revenue was down 3.7% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.06 EPS. On average, equities analysts anticipate that Post Holdings Inc. will post $2.63 EPS for the current year.
A number of research firms have commented on POST. BMO Capital Markets reissued a “hold” rating and issued a $83.00 target price on shares of Post Holdings in a report on Tuesday. Stifel Nicolaus reduced their target price on Post Holdings from $95.00 to $85.00 and set a “buy” rating for the company in a report on Monday. TheStreet lowered Post Holdings from a “buy” rating to a “hold” rating in a report on Thursday, November 17th. Finally, Zacks Investment Research lowered Post Holdings from a “buy” rating to a “hold” rating in a report on Saturday, October 8th. Three research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. The company presently has an average rating of “Buy” and an average target price of $86.00.
A number of hedge funds have recently bought and sold shares of POST. Price T Rowe Associates Inc. MD raised its stake in Post Holdings by 2.5% in the third quarter. Price T Rowe Associates Inc. MD now owns 2,630,451 shares of the company’s stock worth $202,992,000 after buying an additional 63,599 shares in the last quarter. LPL Financial LLC raised its stake in Post Holdings by 2.1% in the third quarter. LPL Financial LLC now owns 3,445 shares of the company’s stock worth $267,000 after buying an additional 72 shares in the last quarter. Cornerstone Capital Management Holdings LLC. raised its stake in Post Holdings by 71.7% in the third quarter. Cornerstone Capital Management Holdings LLC. now owns 321,435 shares of the company’s stock worth $24,804,000 after buying an additional 134,183 shares in the last quarter. Ameritas Investment Partners Inc. raised its stake in Post Holdings by 93.0% in the third quarter. Ameritas Investment Partners Inc. now owns 19,622 shares of the company’s stock worth $1,514,000 after buying an additional 9,454 shares in the last quarter. Finally, Tributary Capital Management LLC raised its stake in Post Holdings by 3.2% in the third quarter. Tributary Capital Management LLC now owns 32,300 shares of the company’s stock worth $2,493,000 after buying an additional 1,000 shares in the last quarter.
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Post Holdings Company 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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