Ellen F. Harshman Sells 200 Shares of Post Holdings, Inc. (NYSE:POST) Stock

Post Holdings, Inc. (NYSE:POST) Director Ellen F. Harshman sold 200 shares of the company’s stock in a transaction that occurred on Wednesday, September 4th. The shares were sold at an average price of $117.50, for a total value of $23,500.00. Following the completion of the sale, the director now owns 10,372 shares of the company’s stock, valued at $1,218,710. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

Post Trading Down 1.6 %

Shares of Post stock opened at $115.96 on Friday. The firm has a market capitalization of $6.78 billion, a price-to-earnings ratio of 22.21 and a beta of 0.63. Post Holdings, Inc. has a fifty-two week low of $78.85 and a fifty-two week high of $118.96. The company has a debt-to-equity ratio of 1.62, a quick ratio of 1.12 and a current ratio of 2.05. The stock has a 50 day moving average of $110.84 and a 200 day moving average of $106.57.

Post (NYSE:POST) last released its quarterly earnings results on Thursday, August 1st. The company reported $1.54 EPS for the quarter, topping analysts’ consensus estimates of $1.21 by $0.33. Post had a return on equity of 10.91% and a net margin of 4.46%. The company had revenue of $1.95 billion for the quarter, compared to analysts’ expectations of $2.02 billion. During the same period in the prior year, the firm earned $1.52 earnings per share. The firm’s revenue was up 4.7% compared to the same quarter last year. As a group, research analysts predict that Post Holdings, Inc. will post 5.95 earnings per share for the current year.

Analyst Ratings Changes

POST has been the subject of a number of analyst reports. Stifel Nicolaus upped their price target on Post from $120.00 to $130.00 and gave the company a “buy” rating in a research report on Monday, August 5th. JPMorgan Chase & Co. increased their price objective on Post from $118.00 to $125.00 and gave the stock an “overweight” rating in a research report on Tuesday, August 6th. Wells Fargo & Company increased their price objective on Post from $108.00 to $120.00 and gave the stock an “equal weight” rating in a research report on Monday, August 5th. Finally, Evercore ISI increased 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 equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $124.33.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in POST. GAMMA Investing LLC acquired a new position in Post during the fourth quarter worth $25,000. Opal Wealth Advisors LLC acquired a new stake in shares of Post in the second quarter valued at $27,000. Parallel Advisors LLC raised its stake in shares of Post by 487.0% in the fourth quarter. Parallel Advisors LLC now owns 317 shares of the company’s stock valued at $28,000 after acquiring an additional 263 shares in the last quarter. New Covenant Trust Company N.A. acquired a new stake in shares of Post in the first quarter valued at $29,000. Finally, Bessemer Group Inc. raised its stake in shares of Post by 263.8% in the first quarter. Bessemer Group Inc. now owns 342 shares of the company’s stock valued at $36,000 after acquiring an additional 248 shares in the last quarter. 94.85% of the stock is currently owned by institutional investors and hedge funds.

About Post

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.