Post Holdings, Inc. (NYSE:POST) Shares Acquired by Wedge Capital Management L L P NC

Wedge Capital Management L L P NC increased its position in shares of Post Holdings, Inc. (NYSE:POST) by 10.0% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 289,530 shares of the company’s stock after purchasing an additional 26,262 shares during the period. Wedge Capital Management L L P NC’s holdings in Post were worth $33,690,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Parkside Financial Bank & Trust lifted its holdings in Post by 6.5% during the 4th quarter. Parkside Financial Bank & Trust now owns 1,699 shares of the company’s stock worth $194,000 after buying an additional 103 shares during the last quarter. Savant Capital LLC increased its holdings in shares of Post by 3.8% in the 4th quarter. Savant Capital LLC now owns 3,023 shares of the company’s stock valued at $346,000 after acquiring an additional 110 shares during the last quarter. Truist Financial Corp raised its position in shares of Post by 4.2% during the 4th quarter. Truist Financial Corp now owns 2,781 shares of the company’s stock worth $318,000 after acquiring an additional 113 shares in the last quarter. MassMutual Private Wealth & Trust FSB lifted its stake in Post by 68.4% during the first quarter. MassMutual Private Wealth & Trust FSB now owns 352 shares of the company’s stock worth $41,000 after purchasing an additional 143 shares during the last quarter. Finally, ProShare Advisors LLC boosted its holdings in Post by 7.4% in the fourth quarter. ProShare Advisors LLC now owns 2,215 shares of the company’s stock valued at $254,000 after purchasing an additional 152 shares in the last quarter. Hedge funds and other institutional investors own 94.85% of the company’s stock.

Post Price Performance

Shares of NYSE POST opened at $109.45 on Friday. The company has a current ratio of 2.39, a quick ratio of 1.64 and a debt-to-equity ratio of 1.78. The stock has a market cap of $6.10 billion, a P/E ratio of 18.03 and a beta of 0.49. The stock has a 50 day moving average of $112.29 and a two-hundred day moving average of $112.65. Post Holdings, Inc. has a twelve month low of $99.70 and a twelve month high of $125.84.

Post (NYSE:POST) last released its quarterly earnings results on Thursday, May 8th. The company reported $1.41 EPS for the quarter, beating the consensus estimate of $1.18 by $0.23. The firm had revenue of $1.95 billion during the quarter, compared to the consensus estimate of $1.98 billion. Post had a net margin of 4.94% and a return on equity of 10.48%. Post’s revenue for the quarter was down 2.3% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.51 EPS. On average, research analysts forecast that Post Holdings, Inc. will post 6.41 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of analysts have weighed in on the stock. Evercore ISI raised their price objective on shares of Post from $130.00 to $131.00 and gave the stock an “outperform” rating in a report on Wednesday. Mizuho dropped their target price on shares of Post from $133.00 to $127.00 and set an “outperform” rating on the stock in a research report on Wednesday, May 28th. Piper Sandler boosted their price target on shares of Post from $120.00 to $140.00 and gave the company an “overweight” rating in a research report on Monday, February 10th. Finally, Wells Fargo & Company decreased their price objective on shares of Post from $124.00 to $120.00 and set an “equal weight” rating for the company in a research note on Monday, May 12th. One analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $128.83.

Post Company Profile

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.