Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in Post Holdings Inc (NYSE:POST) by 53.8% in the fourth quarter, HoldingsChannel.com reports. The firm owned 3,375 shares of the company’s stock after acquiring an additional 1,181 shares during the quarter. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in Post were worth $267,000 at the end of the most recent quarter.
Other institutional investors also recently added to or reduced their stakes in the company. Cerebellum GP LLC purchased a new stake in Post in the fourth quarter valued at approximately $129,000. Affinity Wealth Management purchased a new stake in Post in the third quarter valued at approximately $205,000. Virtu KCG Holdings LLC purchased a new stake in Post in the second quarter valued at approximately $208,000. South State Corp purchased a new stake in Post in the third quarter valued at approximately $208,000. Finally, Janus Henderson Group PLC purchased a new stake in Post in the second quarter valued at approximately $210,000.
A number of research firms recently issued reports on POST. Zacks Investment Research downgraded shares of Post from a “buy” rating to a “hold” rating in a report on Saturday, December 2nd. SunTrust Banks set a $105.00 target price on shares of Post and gave the company a “buy” rating in a report on Thursday, November 16th. Wells Fargo & Co lowered their target price on shares of Post from $106.00 to $90.00 and set an “outperform” rating for the company in a report on Tuesday, February 6th. They noted that the move was a valuation call. BMO Capital Markets restated a “buy” rating on shares of Post in a report on Monday, November 6th. Finally, BidaskClub downgraded shares of Post from a “sell” rating to a “strong sell” rating in a report on Wednesday, November 1st. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and ten have assigned a buy rating to the company. The stock presently has an average rating of “Buy” and an average target price of $100.13.
Post (NYSE:POST) last released its quarterly earnings data on Thursday, February 1st. The company reported $0.88 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.92 by ($0.04). Post had a return on equity of 7.90% and a net margin of 4.54%. The business had revenue of $1.43 billion for the quarter, compared to analysts’ expectations of $1.42 billion. During the same quarter in the prior year, the firm earned $0.62 earnings per share. Post’s quarterly revenue was up 14.7% compared to the same quarter last year. sell-side analysts predict that Post Holdings Inc will post 4.52 EPS for the current year.
In other news, Director David W. Kemper bought 2,500 shares of the firm’s stock in a transaction dated Thursday, November 30th. The stock was acquired at an average cost of $79.86 per share, for a total transaction of $199,650.00. Following the completion of the purchase, 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. Also, Director William P. Stiritz bought 100,000 shares of the firm’s stock in a transaction dated Monday, February 12th. The stock was purchased at an average price of $71.99 per share, with a total value of $7,199,000.00. The disclosure for this purchase can be found here. Over the last quarter, insiders have acquired 106,573 shares of company stock valued at $7,698,343. 7.40% of the stock is owned by insiders.
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Post 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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