Acadian Asset Management LLC Takes $1.82 Million Position in Post Holdings, Inc. (NYSE:POST)

Acadian Asset Management LLC acquired a new position in shares of Post Holdings, Inc. (NYSE:POST) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 17,539 shares of the company’s stock, valued at approximately $1,824,000.

A number of other institutional investors have also recently bought and sold shares of POST. Vanguard Group Inc. increased its stake in shares of Post by 6.7% during the 1st quarter. Vanguard Group Inc. now owns 5,288,249 shares of the company’s stock worth $562,035,000 after purchasing an additional 332,811 shares during the last quarter. Price T Rowe Associates Inc. MD lifted its position in shares of Post by 2.8% in the first quarter. Price T Rowe Associates Inc. MD now owns 580,292 shares of the company’s stock worth $61,674,000 after buying an additional 15,975 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its stake in shares of Post by 1.3% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 335,625 shares of the company’s stock worth $29,555,000 after acquiring an additional 4,439 shares in the last quarter. Verition Fund Management LLC increased its holdings in shares of Post by 347.8% during the 4th quarter. Verition Fund Management LLC now owns 256,983 shares of the company’s stock valued at $22,630,000 after acquiring an additional 199,592 shares during the last quarter. Finally, Victory Capital Management Inc. raised its stake in shares of Post by 24.7% in the 2nd quarter. Victory Capital Management Inc. now owns 223,633 shares of the company’s stock valued at $23,294,000 after acquiring an additional 44,290 shares in the last quarter. Institutional investors and hedge funds own 94.85% of the company’s stock.

Post Stock Up 0.9 %

NYSE POST opened at $115.48 on Friday. Post Holdings, Inc. has a 1-year low of $78.85 and a 1-year high of $118.96. The company has a market capitalization of $6.75 billion, a price-to-earnings ratio of 22.12 and a beta of 0.63. The stock’s 50 day moving average is $112.17 and its two-hundred day moving average is $107.01. The company has a current ratio of 2.05, a quick ratio of 1.12 and a debt-to-equity ratio of 1.62.

Post (NYSE:POST) last announced its quarterly earnings results on Thursday, August 1st. The company reported $1.54 EPS for the quarter, beating the consensus estimate of $1.21 by $0.33. Post had a return on equity of 10.91% and a net margin of 4.46%. The business had revenue of $1.95 billion for the quarter, compared to analyst estimates of $2.02 billion. During the same quarter in the previous year, the firm earned $1.52 EPS. Post’s quarterly revenue was up 4.7% on a year-over-year basis. Equities analysts forecast that Post Holdings, Inc. will post 5.95 earnings per share for the current fiscal year.

Insider Activity

In other news, Director Thomas C. Erb bought 2,000 shares of the company’s stock in a transaction that occurred on Tuesday, August 13th. The stock was acquired at an average price of $112.94 per share, for a total transaction of $225,880.00. Following the transaction, the director now directly owns 35,475 shares of the company’s stock, valued at approximately $4,006,546.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 10.70% of the stock is owned by corporate insiders.

Analyst Ratings Changes

POST has been the topic of a number of recent analyst reports. JPMorgan Chase & Co. lifted their price target on shares of Post from $118.00 to $125.00 and gave the company an “overweight” rating in a research report on Tuesday, August 6th. Stifel Nicolaus boosted their target price on shares of Post from $120.00 to $130.00 and gave the stock a “buy” rating in a research report on Monday, August 5th. Wells Fargo & Company raised their price target on Post from $108.00 to $120.00 and gave the company an “equal weight” rating in a research report on Monday, August 5th. Finally, Evercore ISI boosted their price objective on Post from $122.00 to $123.00 and gave the stock an “outperform” rating in a research report on Monday, August 5th. Two investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to MarketBeat, Post presently has a consensus rating of “Moderate Buy” and an average target price of $124.33.

Post Company Profile

Post Holdings, Inc operates as a consumer packaged goods holding company in the United States and internationally. It operates through four segments: Post Consumer Brands, Weetabix, Foodservice, and Refrigerated Retail. The Post Consumer Brands segment manufactures, markets, and sells branded and private label ready-to-eat (RTE) cereals under Honey Bunches of Oats, Pebbles, and Malt-O-Meal brand names; hot cereal; peanut butter under the Peter Pan brand; and branded and private label dog and cat food products under Rachael Ray Nutrish, Nature's Recipe, 9Lives, Kibbles 'n Bits and Gravy Train brand names.