Post Holdings, Inc. (NYSE:POST) Position Increased by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC raised its holdings in shares of Post Holdings, Inc. (NYSE:POST) by 2.4% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 5,002 shares of the company’s stock after buying an additional 117 shares during the period. Commonwealth Equity Services LLC’s holdings in Post were worth $521,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in POST. Opal Wealth Advisors LLC purchased a new stake in shares of Post in the 2nd quarter valued at approximately $27,000. Parallel Advisors LLC raised its holdings in Post by 487.0% in the 4th quarter. Parallel Advisors LLC now owns 317 shares of the company’s stock worth $28,000 after acquiring an additional 263 shares during the period. New Covenant Trust Company N.A. bought a new position in shares of Post during the 1st quarter worth about $29,000. Bessemer Group Inc. increased its holdings in shares of Post by 263.8% during the 1st quarter. Bessemer Group Inc. now owns 342 shares of the company’s stock worth $36,000 after purchasing an additional 248 shares during the period. Finally, Versant Capital Management Inc increased its holdings in shares of Post by 5,283.3% during the 2nd quarter. Versant Capital Management Inc now owns 646 shares of the company’s stock worth $67,000 after purchasing an additional 634 shares during the period. 94.85% of the stock is currently owned by institutional investors.

Post Price Performance

NYSE:POST opened at $114.48 on Friday. The firm has a market cap of $6.69 billion, a PE ratio of 21.93 and a beta of 0.63. Post Holdings, Inc. has a 12 month low of $78.85 and a 12 month high of $118.96. The company has a quick ratio of 1.12, a current ratio of 2.05 and a debt-to-equity ratio of 1.62. The company’s 50-day moving average price is $113.10 and its two-hundred day moving average price is $107.36.

Post (NYSE:POST) last released its quarterly earnings results on Thursday, August 1st. The company reported $1.54 EPS for the quarter, beating analysts’ consensus estimates of $1.21 by $0.33. Post had a net margin of 4.46% and a return on equity of 10.91%. The firm had revenue of $1.95 billion for the quarter, compared to analyst estimates of $2.02 billion. During the same period in the previous year, the business earned $1.52 earnings per share. The company’s revenue for the quarter was up 4.7% compared to the same quarter last year. On average, equities analysts anticipate that Post Holdings, Inc. will post 5.95 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on POST shares. JPMorgan Chase & Co. boosted their price objective on shares of Post from $118.00 to $125.00 and gave the stock an “overweight” rating in a report on Tuesday, August 6th. Evercore ISI upped their target price on shares of Post from $122.00 to $123.00 and gave the company an “outperform” rating in a research note on Monday, August 5th. Wells Fargo & Company upped their target price on shares of Post from $108.00 to $120.00 and gave the company an “equal weight” rating in a research note on Monday, August 5th. Finally, Stifel Nicolaus upped their target price on shares of Post from $120.00 to $130.00 and gave the company a “buy” rating in a research note on Monday, August 5th. Two research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $124.33.

Insider Transactions at Post

In related news, Director Thomas C. Erb bought 2,000 shares of Post stock in a transaction dated Tuesday, August 13th. The shares were bought at an average cost of $112.94 per share, for a total transaction of $225,880.00. Following the completion of the transaction, the director now owns 35,475 shares of the company’s stock, valued at $4,006,546.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 10.70% of the stock is owned by company insiders.

About Post

Post Holdings, Inc operates as a consumer packaged goods holding company in the United States and internationally. It operates through four segments: Post Consumer Brands, Weetabix, Foodservice, and Refrigerated Retail. The Post Consumer Brands segment manufactures, markets, and sells branded and private label ready-to-eat (RTE) cereals under Honey Bunches of Oats, Pebbles, and Malt-O-Meal brand names; hot cereal; peanut butter under the Peter Pan brand; and branded and private label dog and cat food products under Rachael Ray Nutrish, Nature's Recipe, 9Lives, Kibbles 'n Bits and Gravy Train brand names.