Post Holdings Inc (NYSE:POST) Stake Increased by Martingale Asset Management L P

Martingale Asset Management L P raised its holdings in shares of Post Holdings Inc (NYSE:POST) by 24.2% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 295,354 shares of the company’s stock after acquiring an additional 57,631 shares during the quarter. Martingale Asset Management L P owned approximately 0.44% of Post worth $32,314,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of the business. Louisiana State Employees Retirement System increased its holdings in shares of Post by 0.6% in the first quarter. Louisiana State Employees Retirement System now owns 17,800 shares of the company’s stock worth $1,947,000 after purchasing an additional 100 shares during the last quarter. Nisa Investment Advisors LLC increased its holdings in shares of Post by 0.5% in the first quarter. Nisa Investment Advisors LLC now owns 19,700 shares of the company’s stock worth $2,155,000 after purchasing an additional 100 shares during the last quarter. Crossmark Global Holdings Inc. increased its holdings in shares of Post by 1.4% in the first quarter. Crossmark Global Holdings Inc. now owns 7,961 shares of the company’s stock worth $871,000 after purchasing an additional 110 shares during the last quarter. Cambridge Investment Research Advisors Inc. increased its holdings in shares of Post by 7.9% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 2,677 shares of the company’s stock worth $293,000 after purchasing an additional 197 shares during the last quarter. Finally, Goelzer Investment Management Inc. increased its holdings in shares of Post by 1.0% in the first quarter. Goelzer Investment Management Inc. now owns 20,984 shares of the company’s stock worth $2,296,000 after purchasing an additional 206 shares during the last quarter. 91.46% of the stock is currently owned by institutional investors and hedge funds.

Several brokerages have weighed in on POST. Evercore ISI began coverage on Post in a research note on Tuesday. They set an “outperform” rating and a $125.00 price objective on the stock. Wells Fargo & Co reissued a “buy” rating on shares of Post in a research note on Wednesday, May 8th. Zacks Investment Research cut Post from a “hold” rating to a “sell” rating in a research note on Tuesday, May 7th. BMO Capital Markets boosted their price objective on Post from $106.00 to $115.00 and gave the stock an “outperform” rating in a research note on Monday, May 6th. Finally, Goldman Sachs Group raised Post from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $107.00 to $134.00 in a research note on Monday, May 6th. One analyst has rated the stock with a sell rating, two have given a hold rating and ten have given a buy rating to the stock. Post currently has an average rating of “Buy” and a consensus price target of $118.55.

Post stock traded down $1.52 during mid-day trading on Friday, reaching $103.28. 488,879 shares of the company were exchanged, compared to its average volume of 431,201. The company has a quick ratio of 1.08, a current ratio of 1.93 and a debt-to-equity ratio of 1.95. The firm has a market cap of $7.68 billion, a P/E ratio of 25.31, a P/E/G ratio of 2.97 and a beta of 0.32. Post Holdings Inc has a 12-month low of $83.04 and a 12-month high of $113.73.

Post (NYSE:POST) last posted its earnings results on Thursday, May 2nd. The company reported $1.28 earnings per share for the quarter, topping analysts’ consensus estimates of $1.13 by $0.15. The company had revenue of $1.39 billion during the quarter, compared to analyst estimates of $1.42 billion. Post had a return on equity of 10.94% and a net margin of 4.15%. Post’s revenue was down 12.5% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.06 earnings per share. Equities analysts expect that Post Holdings Inc will post 5.05 earnings per share for the current year.

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Post Company Profile

Post Holdings, Inc operates as a consumer packaged goods holding company in the United States and internationally. It operates through Post Consumer Brands, Weetabix, Refrigerated Food, and Active Nutrition segments. The Post Consumer Brands segment manufactures, markets, and sells branded and private label ready-to-eat (RTE) cereal and hot cereal products.

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Institutional Ownership by Quarter for Post (NYSE:POST)

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