KBC Group NV bought a new position in Post Holdings Inc (NYSE:POST) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 35,623 shares of the company’s stock, valued at approximately $3,144,000. KBC Group NV owned approximately 0.05% of Post at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also recently modified their holdings of POST. IndexIQ Advisors LLC boosted its stake in shares of Post by 0.3% during the second quarter. IndexIQ Advisors LLC now owns 1,485 shares of the company’s stock valued at $115,000 after purchasing an additional 4 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in shares of Post by 9.5% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,194 shares of the company’s stock valued at $170,000 after purchasing an additional 190 shares during the period. Virtu KCG Holdings LLC purchased a new stake in shares of Post during the second quarter valued at approximately $208,000. South State Corp purchased a new stake in shares of Post during the third quarter valued at approximately $208,000. Finally, Janus Henderson Group PLC purchased a new stake in shares of Post during the second quarter valued at approximately $210,000.
Shares of Post Holdings Inc (POST) traded down $0.29 during mid-day trading on Friday, reaching $77.26. The company had a trading volume of 1,127,474 shares, compared to its average volume of 804,704. Post Holdings Inc has a 12 month low of $75.76 and a 12 month high of $89.04. The stock has a market capitalization of $5,127.62, a price-to-earnings ratio of 28.94, a price-to-earnings-growth ratio of 2.03 and a beta of 0.09. The company has a debt-to-equity ratio of 2.56, a current ratio of 3.71 and a quick ratio of 2.90.
Post (NYSE:POST) last announced 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). Post had a return on equity of 7.31% and a net margin of 0.92%. The business had revenue of $1.45 billion during the quarter, compared to analysts’ expectations of $1.43 billion. During the same period in the previous year, the business earned $0.61 EPS. The business’s revenue was up 14.9% compared to the same quarter last year. research analysts predict that Post Holdings Inc will post 3.83 EPS for the current year.
A number of research firms have recently weighed in on POST. BidaskClub raised Post from a “hold” rating to a “buy” rating in a research note on Thursday, August 17th. Zacks Investment Research lowered Post from a “buy” rating to a “hold” rating in a research note on Saturday, December 2nd. BMO Capital Markets raised Post from a “market perform” rating to an “outperform” rating and set a $106.00 price objective for the company in a research note on Wednesday, September 20th. Pivotal Research reissued a “buy” rating and set a $105.00 price objective on shares of Post in a research note on Wednesday, September 20th. Finally, Citigroup set a $110.00 price target on Post and gave the stock a “buy” rating in a research note on Monday, November 20th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and eight have given a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus target price of $103.25.
In other Post news, Director David W. Kemper purchased 2,500 shares of the company’s stock in a transaction that occurred on Thursday, November 30th. The stock was bought at an average price of $79.86 per share, with a total value of $199,650.00. Following the completion of the purchase, the director now directly owns 6,700 shares of the company’s stock, valued at approximately $535,062. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Company insiders own 7.00% of the company’s stock.
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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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