Post Holdings, Inc. (NYSE:POST) was downgraded by equities research analysts at BidaskClub from a “hold” rating to a “sell” rating in a research report issued to clients and investors on Wednesday.
POST has been the topic of several other research reports. Zacks Investment Research lowered Post Holdings from a “buy” rating to a “hold” rating in a report on Tuesday, April 11th. Pivotal Research reissued a “buy” rating and set a $105.00 price objective (up previously from $95.00) on shares of Post Holdings in a report on Tuesday, April 18th. Vertical Research lowered Post Holdings from a “buy” rating to a “hold” rating in a report on Tuesday, April 18th. Stifel Nicolaus reissued a “buy” rating and set a $90.00 price objective on shares of Post Holdings in a report on Wednesday, April 19th. Finally, Vertical Group lowered Post Holdings from a “buy” rating to a “hold” rating in a report on Wednesday, April 19th. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and five have given a buy rating to the company. The company has a consensus rating of “Hold” and a consensus price target of $94.00.
Post Holdings (NYSE POST) traded down 0.03% during trading on Wednesday, hitting $76.69. The stock had a trading volume of 650,964 shares. The firm has a market cap of $5.08 billion, a PE ratio of 114.12 and a beta of 0.08. Post Holdings has a 52 week low of $68.76 and a 52 week high of $89.04. The company’s 50-day moving average is $81.50 and its 200 day moving average is $82.98.
Post Holdings (NYSE:POST) last issued its quarterly earnings results on Monday, May 8th. The company reported $0.55 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.60 by $0.05. The business had revenue of $1.26 billion during the quarter, compared to the consensus estimate of $1.26 billion. Post Holdings had a return on equity of 6.40% and a net margin of 1.20%. The business’s quarterly revenue was down 1.2% on a year-over-year basis. During the same period in the prior year, the firm earned $0.87 earnings per share. Equities analysts expect that Post Holdings will post $2.49 EPS for the current fiscal year.
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Hedge funds have recently made changes to their positions in the stock. Acadian Asset Management LLC raised its stake in shares of Post Holdings by 4,660.4% in the first quarter. Acadian Asset Management LLC now owns 2,285 shares of the company’s stock valued at $200,000 after buying an additional 2,237 shares in the last quarter. Redwood Investments LLC bought a new stake in shares of Post Holdings during the first quarter valued at approximately $238,000. Asset Management One Co. Ltd. bought a new stake in shares of Post Holdings during the first quarter valued at approximately $242,000. Private Trust Co. NA raised 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 in the last quarter. Finally, First Manhattan Co. raised its stake in shares of Post Holdings by 10.7% in the first quarter. First Manhattan Co. now owns 3,527 shares of the company’s stock valued at $272,000 after buying an additional 340 shares in the last quarter.
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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