Post Holdings, Inc. (NYSE:POST) Director Acquires $225,880.00 in Stock

Post Holdings, Inc. (NYSE:POST) Director Thomas C. Erb purchased 2,000 shares of the company’s stock in a transaction that occurred on Tuesday, August 13th. The shares were acquired 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 directly owns 35,475 shares of the company’s stock, valued at approximately $4,006,546.50. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Post Price Performance

NYSE POST opened at $113.65 on Friday. 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 stock has a market capitalization of $6.89 billion, a PE ratio of 21.77 and a beta of 0.64. Post Holdings, Inc. has a 12-month low of $78.85 and a 12-month high of $115.32. The company has a 50 day moving average price of $106.77 and a two-hundred day moving average price of $105.02.

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

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on the company. Barclays upped their target price on Post from $115.00 to $120.00 and gave the company an “overweight” rating in a report on Tuesday, May 7th. JPMorgan Chase & Co. upped their price objective on shares of Post from $118.00 to $125.00 and gave the company an “overweight” rating in a research note on Tuesday, August 6th. Stifel Nicolaus increased their target price on shares of Post from $120.00 to $130.00 and gave the stock a “buy” rating in a research report on Monday, August 5th. Evercore ISI boosted their price target on shares of Post from $122.00 to $123.00 and gave the company an “outperform” rating in a report on Monday, August 5th. Finally, Wells Fargo & Company increased their price objective on Post from $108.00 to $120.00 and gave the stock an “equal weight” rating in a report on Monday, August 5th. Two equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $124.33.

Institutional Trading of Post

Several large investors have recently made changes to their positions in the stock. GAMMA Investing LLC bought a new position in shares of Post in the 4th quarter valued at approximately $25,000. Opal Wealth Advisors LLC bought a new position in shares of Post in the second quarter valued at approximately $27,000. Parallel Advisors LLC lifted its stake in shares of Post by 487.0% in the fourth quarter. Parallel Advisors LLC now owns 317 shares of the company’s stock worth $28,000 after buying an additional 263 shares during the last quarter. New Covenant Trust Company N.A. bought a new stake in shares of Post during the 1st quarter worth $29,000. Finally, Bessemer Group Inc. grew its stake in Post by 263.8% in the 1st quarter. Bessemer Group Inc. now owns 342 shares of the company’s stock valued at $36,000 after buying an additional 248 shares during the last quarter. Institutional investors own 94.85% of the company’s stock.

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.