3Chopt Investment Partners LLC Has $681,000 Stock Position in Post Holdings, Inc. $POST

3Chopt Investment Partners LLC trimmed its position in Post Holdings, Inc. (NYSE:POST) by 14.4% in the second quarter, Holdings Channel.com reports. The firm owned 6,250 shares of the company’s stock after selling 1,051 shares during the period. 3Chopt Investment Partners LLC’s holdings in Post were worth $681,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Brooklyn Investment Group increased its position in Post by 232.1% in the first quarter. Brooklyn Investment Group now owns 279 shares of the company’s stock worth $32,000 after purchasing an additional 195 shares during the period. Millstone Evans Group LLC increased its position in Post by 167.2% in the first quarter. Millstone Evans Group LLC now owns 358 shares of the company’s stock worth $42,000 after purchasing an additional 224 shares during the period. Bessemer Group Inc. increased its position in Post by 200.0% in the first quarter. Bessemer Group Inc. now owns 477 shares of the company’s stock worth $56,000 after purchasing an additional 318 shares during the period. Byrne Asset Management LLC acquired a new position in shares of Post during the 2nd quarter worth about $52,000. Finally, Signaturefd LLC grew its position in shares of Post by 131.1% during the 2nd quarter. Signaturefd LLC now owns 550 shares of the company’s stock worth $60,000 after buying an additional 312 shares during the period. 94.85% of the stock is currently owned by institutional investors and hedge funds.

Post Trading Down 0.5%

NYSE:POST opened at $106.03 on Friday. Post Holdings, Inc. has a fifty-two week low of $101.05 and a fifty-two week high of $125.84. The company has a debt-to-equity ratio of 1.83, a current ratio of 2.60 and a quick ratio of 1.84. The stock has a market capitalization of $5.76 billion, a PE ratio of 18.03 and a beta of 0.49. The business’s 50-day simple moving average is $107.33 and its 200-day simple moving average is $109.79.

Post (NYSE:POST) last released its quarterly earnings data on Thursday, August 7th. The company reported $2.03 earnings per share for the quarter, beating the consensus estimate of $1.67 by $0.36. The business had revenue of $1.98 billion for the quarter, compared to analysts’ expectations of $1.95 billion. Post had a return on equity of 10.80% and a net margin of 4.62%.Post’s revenue for the quarter was up 1.9% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.54 EPS. Sell-side analysts expect that Post Holdings, Inc. will post 6.41 earnings per share for the current fiscal year.

Post declared that its board has authorized a share repurchase program on Friday, August 29th that allows the company to buyback $0.00 in outstanding shares. This buyback authorization allows the company to repurchase shares of its stock through open market purchases. Shares buyback programs are generally a sign that the company’s management believes its shares are undervalued.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on POST. Wells Fargo & Company decreased their target price on Post from $117.00 to $115.00 and set an “equal weight” rating for the company in a research report on Thursday, September 25th. Zacks Research lowered Post from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 15th. JPMorgan Chase & Co. boosted their target price on Post from $122.00 to $131.00 and gave the stock an “overweight” rating in a research report on Tuesday, August 26th. Wall Street Zen upgraded Post from a “hold” rating to a “buy” rating in a research report on Saturday, August 9th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Post in a research report on Wednesday. Four equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $130.80.

Insider Activity

In related news, Director William P. Stiritz acquired 36,000 shares of the company’s stock in a transaction dated Tuesday, August 19th. The shares were bought at an average price of $109.53 per share, for a total transaction of $3,943,080.00. Following the purchase, the director directly owned 4,334,667 shares in the company, valued at approximately $474,776,076.51. This trade represents a 0.84% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 11.40% of the stock is currently owned by corporate insiders.

Post Profile

Post Holdings, Inc operates as a consumer packaged goods holding company in the United States and internationally. It operates through four segments: Post Consumer Brands, Weetabix, Foodservice, and Refrigerated Retail. The Post Consumer Brands segment manufactures, markets, and sells branded and private label ready-to-eat (RTE) cereals under Honey Bunches of Oats, Pebbles, and Malt-O-Meal brand names; hot cereal; peanut butter under the Peter Pan brand; and branded and private label dog and cat food products under Rachael Ray Nutrish, Nature's Recipe, 9Lives, Kibbles 'n Bits and Gravy Train brand names.