Harvest Capital Strategies LLC cut its position in Post Holdings Inc (NYSE:POST) by 2.0% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 72,000 shares of the company’s stock after selling 1,500 shares during the quarter. Post makes up approximately 1.0% of Harvest Capital Strategies LLC’s investment portfolio, making the stock its 27th largest holding. Harvest Capital Strategies LLC’s holdings in Post were worth $5,705,000 at the end of the most recent reporting period.
A number of other institutional investors have also recently made changes to their positions in POST. Levin Capital Strategies L.P. raised its holdings in Post by 371.0% in the fourth quarter. Levin Capital Strategies L.P. now owns 985,710 shares of the company’s stock worth $78,098,000 after purchasing an additional 776,411 shares in the last quarter. Renaissance Technologies LLC raised its holdings in Post by 46.5% in the fourth quarter. Renaissance Technologies LLC now owns 2,312,200 shares of the company’s stock worth $183,196,000 after purchasing an additional 734,100 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in Post by 23.1% in the third quarter. JPMorgan Chase & Co. now owns 2,027,185 shares of the company’s stock worth $176,447,000 after purchasing an additional 380,818 shares in the last quarter. Armistice Capital LLC bought a new position in Post in the fourth quarter worth about $24,720,000. Finally, Arrowstreet Capital Limited Partnership acquired a new position in shares of Post during the fourth quarter valued at about $18,112,000.
Several equities analysts have recently issued reports on POST shares. SunTrust Banks set a $105.00 price objective on shares of Post and gave the company a “buy” rating in a report on Thursday, November 16th. Citigroup set a $110.00 price objective on shares of Post and gave the company a “buy” rating in a report on Monday, November 20th. Zacks Investment Research downgraded shares of Post from a “buy” rating to a “hold” rating in a report on Saturday, December 2nd. Pivotal Research restated a “buy” rating and set a $105.00 price objective on shares of Post in a report on Friday, February 2nd. Finally, Vertical Group upgraded shares of Post from a “hold” rating to a “buy” rating in a report on Monday, February 5th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and ten have issued a buy rating to the company. The stock currently has an average rating of “Buy” and an average price target of $100.13.
Post Holdings Inc (NYSE POST) opened at $80.79 on Wednesday. Post Holdings Inc has a fifty-two week low of $71.06 and a fifty-two week high of $89.04. The company has a current ratio of 4.05, a quick ratio of 3.27 and a debt-to-equity ratio of 2.47. The stock has a market cap of $5,572.56, a PE ratio of 27.40, a PEG ratio of 1.28 and a beta of -0.03.
Post (NYSE:POST) last issued its earnings results on Thursday, February 1st. The company reported $0.88 EPS for the quarter, missing the Zacks’ consensus estimate of $0.92 by ($0.04). The firm had revenue of $1.43 billion during the quarter, compared to analysts’ expectations of $1.42 billion. Post had a net margin of 4.54% and a return on equity of 7.90%. Post’s quarterly revenue was up 14.7% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.62 EPS. sell-side analysts forecast that Post Holdings Inc will post 4.52 EPS for the current year.
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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