Northpointe Capital LLC raised its stake in shares of Post Holdings, Inc. (NYSE:POST) by 443.1% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 52,628 shares of the company’s stock after buying an additional 42,937 shares during the period. Northpointe Capital LLC’s holdings in Post Holdings were worth $4,087,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in POST. Thrivent Financial For Lutherans increased its stake in shares of Post Holdings by 9.0% in the first quarter. Thrivent Financial For Lutherans now owns 12,080 shares of the company’s stock valued at $1,057,000 after buying an additional 1,000 shares during the last quarter. Private Trust Co. NA increased its stake in shares of Post Holdings by 2.6% in the first quarter. Private Trust Co. NA now owns 2,858 shares of the company’s stock valued at $250,000 after buying an additional 72 shares during the last quarter. Raymond James Trust N.A. increased its stake in shares of Post Holdings by 5.6% in the first quarter. Raymond James Trust N.A. now owns 3,267 shares of the company’s stock valued at $286,000 after buying an additional 174 shares during the last quarter. B & T Capital Management DBA Alpha Capital Management increased its stake in shares of Post Holdings by 3.8% in the second quarter. B & T Capital Management DBA Alpha Capital Management now owns 16,093 shares of the company’s stock valued at $1,250,000 after buying an additional 590 shares during the last quarter. Finally, Utah Retirement Systems increased its stake in shares of Post Holdings by 0.9% in the first quarter. Utah Retirement Systems now owns 11,800 shares of the company’s stock valued at $1,033,000 after buying an additional 100 shares during the last quarter.

Post Holdings, Inc. (NYSE:POST) opened at 86.02 on Wednesday. The company has a 50 day moving average price of $81.49 and a 200-day moving average price of $82.97. Post Holdings, Inc. has a one year low of $68.76 and a one year high of $89.04. The firm’s market capitalization is $5.69 billion.

Post Holdings (NYSE:POST) last posted its quarterly earnings results on Thursday, August 3rd. The company reported $0.63 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.61 by $0.02. The company had revenue of $1.27 billion for the quarter, compared to the consensus estimate of $1.25 billion. Post Holdings had a positive return on equity of 6.53% and a negative net margin of 0.06%. The firm’s quarterly revenue was up 2.1% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.62 EPS. On average, equities analysts predict that Post Holdings, Inc. will post $2.71 EPS for the current year.

Post Holdings announced that its Board of Directors has approved a stock buyback program on Wednesday, June 7th that allows the company to buyback $250.00 million in outstanding shares. This buyback authorization allows the company to buy up to 4.6% of its shares through open market purchases. Shares buyback programs are often a sign that the company’s management believes its stock is undervalued.

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POST has been the topic of a number of research reports. Zacks Investment Research downgraded Post Holdings from a “hold” rating to a “strong sell” rating in a research note on Tuesday, May 23rd. Goldman Sachs Group, Inc. (The) initiated coverage on Post Holdings in a research note on Monday, July 17th. They issued a “buy” rating and a $105.00 price objective on the stock. Vertical Group downgraded Post Holdings from a “buy” rating to a “hold” rating in a research note on Wednesday, April 19th. Pivotal Research reissued a “buy” rating and issued a $105.00 price objective on shares of Post Holdings in a research note on Wednesday, May 10th. Finally, TheStreet downgraded Post Holdings from a “b” rating to a “c” rating in a research note on Tuesday, May 30th. Four equities research analysts have rated the stock with a hold rating, four have issued a buy rating and one has issued a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average price target of $96.00.

About Post Holdings

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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Institutional Ownership by Quarter for Post Holdings (NYSE:POST)

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