Short Interest in Post Holdings Inc (NYSE:POST) Expands By 7.9%

Post Holdings Inc (NYSE:POST) saw a large increase in short interest in May. As of May 31st, there was short interest totalling 1,837,900 shares, an increase of 7.9% from the April 30th total of 1,703,000 shares. Approximately 2.9% of the shares of the stock are short sold. Based on an average trading volume of 518,500 shares, the days-to-cover ratio is presently 3.5 days.

A number of institutional investors have recently made changes to their positions in the business. Quadrant Capital Group LLC lifted its holdings in shares of Post by 2,145.0% during the first quarter. Quadrant Capital Group LLC now owns 449 shares of the company’s stock worth $48,000 after purchasing an additional 429 shares during the period. JOYN Advisors Inc. lifted its holdings in Post by 93.4% in the fourth quarter. JOYN Advisors Inc. now owns 468 shares of the company’s stock valued at $42,000 after acquiring an additional 226 shares during the period. Marshall Wace North America L.P. acquired a new stake in Post in the first quarter valued at $88,000. Doyle Wealth Management acquired a new stake in Post in the fourth quarter valued at $74,000. Finally, North Star Investment Management Corp. raised its stake in shares of Post by 1,283.3% during the 1st quarter. North Star Investment Management Corp. now owns 830 shares of the company’s stock worth $91,000 after buying an additional 770 shares during the last quarter. Institutional investors own 91.46% of the company’s stock.

Shares of POST traded up $0.09 during mid-day trading on Friday, hitting $108.05. 261,599 shares of the company’s stock were exchanged, compared to its average volume of 490,172. The company has a market capitalization of $7.92 billion, a P/E ratio of 26.48, a price-to-earnings-growth ratio of 3.11 and a beta of 0.28. Post has a fifty-two week low of $83.88 and a fifty-two week high of $113.73. The company has a debt-to-equity ratio of 1.95, a quick ratio of 1.08 and a current ratio of 1.93. The company has a 50-day moving average of $105.73.

Post (NYSE:POST) last issued its earnings results on Thursday, May 2nd. The company reported $1.28 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.13 by $0.15. The firm had revenue of $1.39 billion for the quarter, compared to analysts’ expectations of $1.42 billion. Post had a net margin of 4.15% and a return on equity of 10.94%. The firm’s revenue was down 12.5% compared to the same quarter last year. During the same quarter last year, the company earned $1.06 earnings per share. As a group, research analysts predict that Post will post 4.96 EPS for the current fiscal year.

Several equities research analysts recently commented on POST shares. Goldman Sachs Group set a €75.30 ($87.56) price target on shares of Stroeer SE & Co KGaA and gave the stock a “buy” rating in a report on Monday, May 6th. BMO Capital Markets lowered shares of Iamgold from an “outperform” rating to a “market perform” rating in a report on Monday, May 6th. Evercore ISI began coverage on shares of Mondelez International in a report on Tuesday, June 11th. They set an “outperform” rating and a $62.00 target price for the company. Zacks Investment Research lowered shares of GENEL ENERGY PL/ADR from a “hold” rating to a “sell” rating in a report on Thursday, July 4th. Finally, Pivotal Research reaffirmed a “buy” rating and issued a $125.00 target price on shares of Post in a research report on Friday, May 3rd. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and ten have given a buy rating to the company’s stock. Post has an average rating of “Buy” and a consensus target price of $118.55.

About Post

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.

Further Reading: What is a Special Dividend?

Receive News & Ratings for Post Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Post and related companies with MarketBeat.com's FREE daily email newsletter.