Argent Capital Management LLC Sells 16,245 Shares of Post Holdings, Inc. (POST)
Argent Capital Management LLC decreased its position in shares of Post Holdings, Inc. (NYSE:POST) by 1.8% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 886,074 shares of the company’s stock after selling 16,245 shares during the quarter. Post Holdings comprises approximately 2.8% of Argent Capital Management LLC’s investment portfolio, making the stock its 8th biggest holding. Argent Capital Management LLC owned about 1.34% of Post Holdings worth $68,804,000 at the end of the most recent reporting period.
A number of other institutional investors have also recently added to or reduced their stakes in POST. IndexIQ Advisors LLC lifted its stake in Post Holdings by 0.3% in the second quarter. IndexIQ Advisors LLC now owns 1,485 shares of the company’s stock valued at $115,000 after buying an additional 4 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in Post Holdings by 9.5% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,194 shares of the company’s stock valued at $170,000 after buying an additional 190 shares in the last quarter. Virtu KCG Holdings LLC bought a new position in Post Holdings in the second quarter valued at approximately $208,000. Janus Henderson Group PLC bought a new position in Post Holdings in the second quarter valued at approximately $210,000. Finally, Dorsey & Whitney Trust CO LLC lifted its stake in Post Holdings by 2.2% in the second quarter. Dorsey & Whitney Trust CO LLC now owns 2,744 shares of the company’s stock valued at $213,000 after buying an additional 60 shares in the last quarter.
Shares of Post Holdings, Inc. (POST) traded down 0.20% during mid-day trading on Friday, hitting $86.88. 353,722 shares of the stock were exchanged. The stock’s 50 day moving average price is $85.50 and its 200-day moving average price is $83.37. Post Holdings, Inc. has a 12-month low of $68.76 and a 12-month high of $89.04. The stock’s market capitalization is $5.75 billion.
Post Holdings (NYSE:POST) last issued its earnings results on Thursday, August 3rd. The company reported $0.63 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.61 by $0.02. Post Holdings had a positive return on equity of 6.53% and a negative net margin of 0.06%. The company had revenue of $1.27 billion for the quarter, compared to analysts’ expectations of $1.25 billion. During the same period last year, the business earned $0.62 EPS. Post Holdings’s quarterly revenue was up 2.1% compared to the same quarter last year. On average, equities research analysts expect that Post Holdings, Inc. will post $2.69 EPS for the current fiscal year.
A number of brokerages have weighed in on POST. BidaskClub lowered shares of Post Holdings from a “hold” rating to a “sell” rating in a research note on Wednesday, June 21st. Wells Fargo & Company lifted their price target on shares of Post Holdings from $96.00 to $106.00 and gave the company an “outperform” rating in a research note on Wednesday. Goldman Sachs Group, Inc. (The) began coverage on shares of Post Holdings in a research note on Monday, July 17th. They issued a “buy” rating and a $105.00 price target on the stock. Zacks Investment Research lowered shares of Post Holdings from a “strong-buy” rating to a “hold” rating in a research note on Saturday, September 9th. Finally, Barclays PLC reaffirmed a “buy” rating on shares of Post Holdings in a research note on Friday, July 7th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and seven have issued a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $101.17.
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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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