Post Holdings, Inc. (NYSE:POST) Stake Raised by Cohen Capital Management Inc.

Cohen Capital Management Inc. grew its holdings in shares of Post Holdings, Inc. (NYSE:POST) by 0.6% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 81,635 shares of the company’s stock after purchasing an additional 512 shares during the period. Post makes up 1.5% of Cohen Capital Management Inc.’s portfolio, making the stock its 22nd biggest holding. Cohen Capital Management Inc. owned 0.13% of Post worth $8,676,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Dimensional Fund Advisors LP increased its stake in Post by 9.0% in the 4th quarter. Dimensional Fund Advisors LP now owns 3,002,286 shares of the company’s stock worth $264,382,000 after purchasing an additional 249,155 shares in the last quarter. Norges Bank purchased a new position in shares of Post in the fourth quarter worth approximately $19,598,000. Wellington Management Group LLP raised its holdings in shares of Post by 14.7% during the third quarter. Wellington Management Group LLP now owns 1,634,146 shares of the company’s stock valued at $140,112,000 after acquiring an additional 209,111 shares during the period. Verition Fund Management LLC lifted its position in shares of Post by 347.8% in 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 in the last quarter. Finally, Redwood Investment Management LLC purchased a new stake in shares of Post in the 4th quarter valued at approximately $6,047,000. Institutional investors and hedge funds own 94.85% of the company’s stock.

Insider Activity at Post

In other news, CEO Nicolas Catoggio sold 1,500 shares of the business’s stock in a transaction on Tuesday, May 7th. The shares were sold at an average price of $105.62, for a total value of $158,430.00. Following the completion of the sale, the chief executive officer now directly owns 73,492 shares in the company, valued at $7,762,225.04. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. In other Post news, CEO Nicolas Catoggio sold 1,500 shares of the company’s stock in a transaction dated Tuesday, May 7th. The shares were sold at an average price of $105.62, for a total transaction of $158,430.00. Following the completion of the sale, the chief executive officer now directly owns 73,492 shares in the company, valued at $7,762,225.04. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Robert E. Grote sold 16,845 shares of Post stock in a transaction dated Wednesday, June 5th. The stock was sold at an average price of $104.58, for a total value of $1,761,650.10. Following the completion of the transaction, the director now owns 4,400 shares in the company, valued at $460,152. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 22,345 shares of company stock valued at $2,344,320. Corporate insiders own 10.70% of the company’s stock.

Post Stock Up 1.5 %

POST traded up $1.56 during trading on Thursday, reaching $106.86. 595,929 shares of the stock traded hands, compared to its average volume of 558,698. The stock’s 50-day simple moving average is $104.47 and its two-hundred day simple moving average is $101.78. The company has a debt-to-equity ratio of 1.61, a current ratio of 2.16 and a quick ratio of 1.20. Post Holdings, Inc. has a fifty-two week low of $78.85 and a fifty-two week high of $108.17. The stock has a market cap of $6.47 billion, a price-to-earnings ratio of 20.47 and a beta of 0.64.

Post (NYSE:POST) last posted its earnings results on Thursday, May 2nd. The company reported $1.51 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.29 by $0.22. Post had a net margin of 4.38% and a return on equity of 10.93%. The firm had revenue of $2 billion during the quarter, compared to analysts’ expectations of $2.03 billion. During the same period in the previous year, the company earned $1.10 earnings per share. The company’s revenue was up 23.4% compared to the same quarter last year. As a group, equities research analysts expect that Post Holdings, Inc. will post 5.61 EPS for the current year.

Analyst Ratings Changes

POST has been the topic of several recent analyst reports. Evercore ISI boosted their target price on shares of Post from $118.00 to $122.00 and gave the company an “outperform” rating in a research note on Monday, May 6th. Stifel Nicolaus upped their price target on Post from $115.00 to $120.00 and gave the company a “buy” rating in a research report on Monday, May 6th. Finally, Barclays raised their price objective on Post from $115.00 to $120.00 and gave the stock an “overweight” rating in a research report on Tuesday, May 7th. Two investment analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $113.67.

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.