First Citizens Bank & Trust Co. bought a new stake in shares of Post Holdings Inc. (NYSE:POST) during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 10,016 shares of the company’s stock, valued at approximately $828,000.
Several other large investors have also recently modified their holdings of the stock. Wellington Management Group LLP increased its stake in shares of Post Holdings by 44.0% in the first quarter. Wellington Management Group LLP now owns 6,170,022 shares of the company’s stock valued at $424,312,000 after buying an additional 1,884,431 shares in the last quarter. University of Notre Dame DU Lac increased its position in shares of Post Holdings by 12.7% in the first quarter. University of Notre Dame DU Lac now owns 19,402 shares of the company’s stock valued at $1,334,000 after buying an additional 2,185 shares during the period. Geode Capital Management LLC increased its position in shares of Post Holdings by 5.4% in the first quarter. Geode Capital Management LLC now owns 482,860 shares of the company’s stock valued at $33,206,000 after buying an additional 24,706 shares during the period. Loomis Sayles & Co. L P increased its position in shares of Post Holdings by 24.2% in the first quarter. Loomis Sayles & Co. L P now owns 690,875 shares of the company’s stock valued at $47,512,000 after buying an additional 134,635 shares during the period. Finally, Quadrature Capital Ltd bought a new position in shares of Post Holdings during the first quarter valued at about $1,072,000.
Shares of Post Holdings Inc. (NYSE:POST) traded down 1.123% during mid-day trading on Thursday, hitting $78.775. The stock had a trading volume of 232,154 shares. Post Holdings Inc. has a 1-year low of $50.93 and a 1-year high of $89.00. The firm’s market capitalization is $5.09 billion. The stock’s 50-day moving average is $81.23 and its 200-day moving average is $78.62.
Post Holdings (NYSE:POST) last issued its quarterly earnings results on Thursday, August 4th. The company reported $0.62 EPS for the quarter, topping the Zacks’ consensus estimate of $0.49 by $0.13. Post Holdings had a positive return on equity of 5.44% and a negative net margin of 0.76%. The company had revenue of $1.25 billion for the quarter, compared to analysts’ expectations of $1.26 billion. During the same quarter last year, the business earned $0.27 earnings per share. Post Holdings’s revenue was up 2.8% on a year-over-year basis. Equities analysts expect that Post Holdings Inc. will post $2.46 earnings per share for the current year.
Several research analysts recently issued reports on POST shares. BMO Capital Markets reiterated an “outperform” rating on shares of Post Holdings in a research report on Friday, July 15th. Zacks Investment Research downgraded shares of Post Holdings from a “buy” rating to a “hold” rating in a research report on Saturday, October 8th. BB&T Corp. upgraded shares of Post Holdings from a “hold” rating to a “buy” rating and set a $87.00 price target on the stock in a research report on Thursday, June 23rd. KeyCorp reiterated a “buy” rating and set a $90.00 price target on shares of Post Holdings in a research report on Monday, June 20th. Finally, Pivotal Research reduced their price target on shares of Post Holdings from $105.00 to $90.00 and set a “buy” rating on the stock in a research report on Monday, July 25th. Two equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus price target of $86.00.
In related news, CEO Richard R. Koulouris sold 21,942 shares of the firm’s stock in a transaction on Monday, August 22nd. The stock was sold at an average price of $85.33, for a total value of $1,872,310.86. Following the transaction, the chief executive officer now owns 28,334 shares in the company, valued at $2,417,740.22. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.10% of the stock is owned by corporate insiders.
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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