Northwestern Mutual Investment Management Company LLC boosted its position in shares of Post Holdings, Inc. (NYSE:POST) by 0.2% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 11,102 shares of the company’s stock after acquiring an additional 25 shares during the period. Northwestern Mutual Investment Management Company LLC’s holdings in Post Holdings were worth $918,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other large investors have also recently bought and sold shares of the stock. IndexIQ Advisors LLC raised its holdings in shares of Post Holdings by 0.3% during the second quarter. IndexIQ Advisors LLC now owns 1,485 shares of the company’s stock worth $115,000 after purchasing an additional 4 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank grew its position in Post Holdings by 9.5% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,194 shares of the company’s stock valued at $170,000 after buying an additional 190 shares during the period. Acadian Asset Management LLC grew its position in Post Holdings by 4,660.4% during the first quarter. Acadian Asset Management LLC now owns 2,285 shares of the company’s stock valued at $200,000 after buying an additional 2,237 shares during the period. First Personal Financial Services grew its position in Post Holdings by 37.9% during the second quarter. First Personal Financial Services now owns 2,997 shares of the company’s stock valued at $233,000 after buying an additional 824 shares during the period. Finally, Redwood Investments LLC acquired a new stake in Post Holdings during the first quarter valued at $238,000.
Several analysts recently commented on POST shares. Pivotal Research reiterated a “buy” rating and issued a $105.00 target price on shares of Post Holdings in a research report on Wednesday. BidaskClub raised shares of Post Holdings from a “hold” rating to a “buy” rating in a research note on Thursday, August 17th. Goldman Sachs Group, Inc. (The) began coverage on shares of Post Holdings in a research note on Monday, July 17th. They issued a “buy” rating and a $105.00 price target on the stock. Barclays PLC reaffirmed a “buy” rating on shares of Post Holdings in a research note on Friday, July 7th. Finally, TheStreet downgraded shares of Post Holdings from a “b” rating to a “c” rating in a research note on Tuesday, May 30th. Three equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. Post Holdings has an average rating of “Buy” and a consensus price target of $100.20.
Post Holdings, Inc. (NYSE:POST) opened at 86.15 on Friday. Post Holdings, Inc. has a 12-month low of $68.76 and a 12-month high of $89.04. The firm’s 50-day moving average is $84.79 and its 200 day moving average is $83.08. The firm’s market cap is $5.70 billion.
Post Holdings (NYSE:POST) last posted its quarterly earnings data on Thursday, August 3rd. The company reported $0.63 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.61 by $0.02. Post Holdings had a negative net margin of 0.06% and a positive return on equity of 6.53%. The company had revenue of $1.27 billion for the quarter, compared to analyst estimates of $1.25 billion. During the same quarter last year, the firm posted $0.62 earnings per share. The business’s quarterly revenue was up 2.1% on a year-over-year basis. Equities research analysts predict that Post Holdings, Inc. will post $2.70 EPS for the current year.
Post Holdings announced that its board has authorized a share repurchase program on Wednesday, June 7th that authorizes the company to buyback $250.00 million in shares. This buyback authorization authorizes the company to buy up to 4.6% of its shares through open market purchases. Shares buyback programs are usually a sign that the company’s management believes its shares are undervalued.
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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