Insider Buying: Post Holdings, Inc. (POST) Director Buys $199,650.00 in Stock
Post Holdings, Inc. (NYSE:POST) Director David W. Kemper acquired 2,500 shares of the firm’s stock in a transaction dated Thursday, November 30th. The shares were purchased at an average price of $79.86 per share, with a total value of $199,650.00. Following the completion of the transaction, the director now owns 6,700 shares of the company’s stock, valued at $535,062. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website.
Post Holdings, Inc. (NYSE:POST) traded down $0.46 during trading hours on Thursday, reaching $78.08. 554,400 shares of the company’s stock were exchanged, compared to its average volume of 798,695. The company has a debt-to-equity ratio of 2.56, a current ratio of 3.71 and a quick ratio of 2.90. The firm has a market capitalization of $5,193.08, a PE ratio of 29.31, a price-to-earnings-growth ratio of 2.05 and a beta of 0.09. Post Holdings, Inc. has a 1-year low of $75.76 and a 1-year high of $89.04.
Post (NYSE:POST) last posted its quarterly earnings results on Thursday, November 16th. The company reported $0.88 EPS for the quarter, missing analysts’ consensus estimates of $0.93 by ($0.05). The company had revenue of $1.45 billion during the quarter, compared to analyst estimates of $1.43 billion. Post had a return on equity of 7.31% and a net margin of 0.92%. The company’s revenue for the quarter was up 14.9% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.61 earnings per share. research analysts forecast that Post Holdings, Inc. will post 3.83 EPS for the current year.
Several equities research analysts have recently weighed in on POST shares. BMO Capital Markets upgraded shares of Post from a “market perform” rating to an “outperform” rating and set a $106.00 price objective for the company in a research report on Wednesday, September 20th. Citigroup set a $110.00 price objective on shares of Post and gave the stock a “buy” rating in a research report on Monday, November 20th. Pivotal Research reiterated a “buy” rating and set a $105.00 price objective on shares of Post in a research report on Wednesday, September 20th. Zacks Investment Research upgraded shares of Post from a “hold” rating to a “buy” rating and set a $92.00 price objective for the company in a research report on Saturday, October 28th. Finally, BidaskClub cut shares of Post from a “hold” rating to a “sell” rating in a research report on Saturday, October 21st. One analyst has rated the stock with a sell rating, three have given a hold rating and eight have given a buy rating to the company. The company presently has an average rating of “Buy” and a consensus price target of $103.25.
A number of large investors have recently bought and sold shares of POST. FMR LLC grew its holdings in Post by 26.5% in the second quarter. FMR LLC now owns 5,067,121 shares of the company’s stock worth $393,462,000 after purchasing an additional 1,060,344 shares during the period. Route One Investment Company L.P. grew its holdings in Post by 19.6% in the second quarter. Route One Investment Company L.P. now owns 4,168,083 shares of the company’s stock worth $323,652,000 after purchasing an additional 683,000 shares during the period. Victory Capital Management Inc. grew its holdings in Post by 79.1% in the second quarter. Victory Capital Management Inc. now owns 1,515,496 shares of the company’s stock worth $117,678,000 after purchasing an additional 669,396 shares during the period. TIAA CREF Investment Management LLC grew its holdings in Post by 70.1% in the second quarter. TIAA CREF Investment Management LLC now owns 986,881 shares of the company’s stock worth $76,631,000 after purchasing an additional 406,791 shares during the period. Finally, UBS Oconnor LLC grew its holdings in Post by 38.6% in the second quarter. UBS Oconnor LLC now owns 1,451,116 shares of the company’s stock worth $112,679,000 after purchasing an additional 404,235 shares during the period.
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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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