Brown Brothers Harriman & Co. Increases Stake in Post Holdings, Inc. (NYSE:POST)

Brown Brothers Harriman & Co. increased its holdings in shares of Post Holdings, Inc. (NYSE:POST) by 3.7% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 8,500 shares of the company’s stock after buying an additional 300 shares during the period. Brown Brothers Harriman & Co.’s holdings in Post were worth $885,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Opal Wealth Advisors LLC purchased a new stake in Post during the 2nd quarter worth approximately $27,000. New Covenant Trust Company N.A. purchased a new stake in shares of Post in the 1st quarter valued at approximately $29,000. TFO Wealth Partners LLC increased its position in shares of Post by 9,966.7% in the 4th quarter. TFO Wealth Partners LLC now owns 302 shares of the company’s stock valued at $264,000 after purchasing an additional 299 shares during the last quarter. Parallel Advisors LLC increased its position in shares of Post by 487.0% in the 4th quarter. Parallel Advisors LLC now owns 317 shares of the company’s stock valued at $28,000 after purchasing an additional 263 shares during the last quarter. Finally, Bessemer Group Inc. increased its position in shares of Post by 263.8% in the 1st quarter. Bessemer Group Inc. now owns 342 shares of the company’s stock valued at $36,000 after purchasing an additional 248 shares during the last quarter. 94.85% of the stock is owned by hedge funds and other institutional investors.

Post Stock Down 0.8 %

Shares of NYSE:POST opened at $114.65 on Wednesday. The stock has a market cap of $6.95 billion, a P/E ratio of 21.96 and a beta of 0.63. The company has a debt-to-equity ratio of 1.62, a current ratio of 2.05 and a quick ratio of 1.12. Post Holdings, Inc. has a 1-year low of $78.85 and a 1-year high of $118.96. The firm has a fifty day moving average price of $112.60 and a 200 day moving average price of $107.18.

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

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on POST shares. Evercore ISI upped their target price on shares of Post from $122.00 to $123.00 and gave the company an “outperform” rating in a report on Monday, August 5th. JPMorgan Chase & Co. upped their target price on shares of Post from $118.00 to $125.00 and gave the company an “overweight” rating in a report on Tuesday, August 6th. Stifel Nicolaus upped their target price on shares of Post from $120.00 to $130.00 and gave the company a “buy” rating in a report on Monday, August 5th. Finally, Wells Fargo & Company increased their price target on shares of Post from $108.00 to $120.00 and gave the stock an “equal weight” rating in a research note 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. According to MarketBeat, Post currently has an average rating of “Moderate Buy” and a consensus target price of $124.33.

Insiders Place Their Bets

In other news, Director Thomas C. Erb acquired 2,000 shares of the business’s stock in a transaction on Tuesday, August 13th. The stock was bought at an average price of $112.94 per share, for a total transaction of $225,880.00. Following the transaction, the director now owns 35,475 shares in the company, valued at $4,006,546.50. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 10.70% of the stock is owned by insiders.

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.