Gabelli Funds LLC maintained its position in Post Holdings, Inc. (NYSE:POST) during the fourth quarter, Holdings Channel reports. The fund owned 567,000 shares of the company’s stock at the end of the fourth quarter. Gabelli Funds LLC’s holdings in Post Holdings were worth $45,581,000 as of its most recent filing with the SEC.
Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. FMR LLC boosted its position in Post Holdings by 0.7% in the fourth quarter. FMR LLC now owns 3,453,036 shares of the company’s stock worth $277,590,000 after buying an additional 24,783 shares during the period. Federated Investors Inc. PA boosted its position in Post Holdings by 12.7% in the fourth quarter. Federated Investors Inc. PA now owns 45,716 shares of the company’s stock worth $3,676,000 after buying an additional 5,144 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its position in Post Holdings by 0.4% in the fourth quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 9,605 shares of the company’s stock worth $772,000 after buying an additional 42 shares during the period. Comerica Bank boosted its position in Post Holdings by 6.7% in the fourth quarter. Comerica Bank now owns 48,072 shares of the company’s stock worth $4,025,000 after buying an additional 3,006 shares during the period. Finally, Iridian Asset Management LLC CT boosted its position in Post Holdings by 155.4% in the fourth quarter. Iridian Asset Management LLC CT now owns 3,178,029 shares of the company’s stock worth $255,482,000 after buying an additional 1,933,773 shares during the period.
Post Holdings, Inc. (NYSE:POST) traded down 0.58% during trading on Tuesday, reaching $84.51. The company had a trading volume of 517,134 shares. The stock has a 50 day moving average price of $83.51 and a 200-day moving average price of $80.46. The company has a market capitalization of $5.43 billion, a PE ratio of 105.77 and a beta of 0.17. Post Holdings, Inc. has a 52-week low of $65.51 and a 52-week high of $89.00.
Post Holdings (NYSE:POST) last announced its quarterly earnings data on Thursday, February 2nd. The company reported $0.62 earnings per share for the quarter, beating analysts’ consensus estimates of $0.55 by $0.07. Post Holdings had a net margin of 1.37% and a return on equity of 7.23%. The business earned $1.25 billion during the quarter, compared to the consensus estimate of $1.24 billion. During the same quarter in the prior year, the firm earned $0.52 EPS. The company’s revenue for the quarter was up .1% compared to the same quarter last year. On average, equities research analysts anticipate that Post Holdings, Inc. will post $2.68 earnings per share for the current fiscal year.
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A number of research analysts have commented on POST shares. TheStreet cut Post Holdings from a “buy” rating to a “hold” rating in a research note on Thursday, November 17th. Stifel Nicolaus reduced their price objective on Post Holdings from $95.00 to $85.00 and set a “buy” rating on the stock in a research note on Monday, November 21st. BMO Capital Markets reiterated a “hold” rating and issued a $83.00 price objective on shares of Post Holdings in a research note on Tuesday, November 22nd. Finally, Zacks Investment Research upgraded Post Holdings from a “sell” rating to a “hold” rating in a research note on Thursday, November 24th. One equities research analyst has rated the stock with a hold rating and seven have issued a buy rating to the stock. Post Holdings currently has a consensus rating of “Buy” and a consensus price target of $88.50.
In other Post Holdings news, Director William P. Stiritz acquired 120,000 shares of the stock in a transaction that occurred on Monday, November 21st. The stock was acquired at an average price of $75.48 per share, with a total value of $9,057,600.00. Following the transaction, the director now directly owns 1,381,996 shares in the company, valued at $104,313,058.08. The acquisition was disclosed in a document filed with the SEC, which is available through this link. 7.00% of the stock is owned by corporate insiders.
Post Holdings 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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