US Bancorp DE grew its holdings in shares of Post Holdings Inc (NYSE:POST) by 3.0% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 165,666 shares of the company’s stock after buying an additional 4,887 shares during the period. US Bancorp DE owned 0.25% of Post worth $14,250,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. JPMorgan Chase & Co. lifted its holdings in Post by 43.2% during the 1st quarter. JPMorgan Chase & Co. now owns 4,197,133 shares of the company’s stock worth $317,975,000 after buying an additional 1,266,889 shares during the last quarter. Iridian Asset Management LLC CT lifted its holdings in shares of Post by 10.7% in the 2nd quarter. Iridian Asset Management LLC CT now owns 2,773,566 shares of the company’s stock valued at $238,582,000 after purchasing an additional 267,149 shares during the last quarter. Levin Capital Strategies L.P. lifted its holdings in shares of Post by 145.5% in the 1st quarter. Levin Capital Strategies L.P. now owns 2,419,503 shares of the company’s stock valued at $183,302,000 after purchasing an additional 1,433,793 shares during the last quarter. Diamond Hill Capital Management Inc. lifted its holdings in shares of Post by 11.8% in the 1st quarter. Diamond Hill Capital Management Inc. now owns 1,667,777 shares of the company’s stock valued at $126,351,000 after purchasing an additional 176,183 shares during the last quarter. Finally, Bank of New York Mellon Corp lifted its holdings in shares of Post by 0.9% in the 2nd quarter. Bank of New York Mellon Corp now owns 666,181 shares of the company’s stock valued at $57,305,000 after purchasing an additional 6,157 shares during the last quarter.

Post stock opened at $97.87 on Friday. Post Holdings Inc has a fifty-two week low of $70.66 and a fifty-two week high of $99.60. The company has a quick ratio of 1.21, a current ratio of 1.94 and a debt-to-equity ratio of 2.35. The stock has a market capitalization of $6.48 billion, a PE ratio of 36.66, a PEG ratio of 1.65 and a beta of -0.13.

Post (NYSE:POST) last posted its quarterly earnings data on Thursday, August 2nd. The company reported $1.06 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $1.13 by ($0.07). The company had revenue of $1.61 billion for the quarter, compared to analysts’ expectations of $1.58 billion. Post had a net margin of 8.18% and a return on equity of 10.41%. The firm’s revenue was up 26.4% on a year-over-year basis. During the same period in the prior year, the company earned $0.63 earnings per share. equities research analysts expect that Post Holdings Inc will post 4.22 EPS for the current year.

Several research firms have recently weighed in on POST. Zacks Investment Research raised Post from a “sell” rating to a “hold” rating in a report on Saturday, August 18th. Piper Jaffray Companies began coverage on Post in a report on Thursday, August 16th. They issued an “overweight” rating and a $115.00 target price for the company. Pivotal Research reissued a “buy” rating and issued a $120.00 target price (up from $105.00) on shares of Post in a report on Friday, August 3rd. Wells Fargo & Co set a $111.00 target price on Post and gave the company a “buy” rating in a report on Monday, August 6th. Finally, SunTrust Banks reissued a “buy” rating and issued a $105.00 target price on shares of Post in a report on Friday, August 3rd. One research analyst has rated the stock with a sell rating, three have issued a hold rating and seven have assigned a buy rating to the company’s stock. Post presently has a consensus rating of “Buy” and a consensus price target of $106.25.

Post Profile

Post Holdings, Inc operates as a consumer packaged goods holding company in the United States and internationally. It manufactures and sells ready-to-eat cereal and hot cereal, egg, refrigerated potato, cheese and other dairy case, and pasta products; and markets and distributes ready-to-drink beverages, bars, powders and other nutritional supplements.

See Also: Trading Strategy Examples and Plans

Want to see what other hedge funds are holding POST? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Post Holdings Inc (NYSE:POST).

Institutional Ownership by Quarter for Post (NYSE:POST)

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.