Post Holdings, Inc. (NYSE:POST) Holdings Raised by Parkside Financial Bank & Trust

Parkside Financial Bank & Trust boosted its stake in shares of Post Holdings, Inc. (NYSE:POST) by 7.3% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,649 shares of the company’s stock after purchasing an additional 112 shares during the quarter. Parkside Financial Bank & Trust’s holdings in Post were worth $145,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Clarkston Capital Partners LLC raised its position in shares of Post by 12.8% during the third quarter. Clarkston Capital Partners LLC now owns 3,396,881 shares of the company’s stock worth $291,249,000 after purchasing an additional 385,640 shares during the period. Wellington Management Group LLP lifted its position in shares of Post by 14.7% during the 3rd quarter. Wellington Management Group LLP now owns 1,634,146 shares of the company’s stock worth $140,112,000 after buying an additional 209,111 shares during the period. Epoch Investment Partners Inc. acquired a new stake in shares of Post in the 3rd quarter valued at $8,694,000. Diamond Hill Capital Management Inc. boosted its stake in shares of Post by 6.4% in the 3rd quarter. Diamond Hill Capital Management Inc. now owns 1,641,756 shares of the company’s stock valued at $140,764,000 after purchasing an additional 99,115 shares in the last quarter. Finally, UBS Group AG lifted its position in Post by 195.5% during the 3rd quarter. UBS Group AG now owns 103,979 shares of the company’s stock worth $8,915,000 after buying an additional 68,790 shares in the last quarter. Institutional investors and hedge funds own 94.85% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have issued reports on POST. Mizuho upped their target price on shares of Post from $110.00 to $128.00 and gave the company a “buy” rating in a research report on Monday, February 5th. Stifel Nicolaus raised their price target on shares of Post from $98.00 to $115.00 and gave the stock a “buy” rating in a research note on Monday, February 5th. Finally, Barclays increased their price objective on Post from $105.00 to $115.00 and gave the company an “overweight” rating in a report on Tuesday, February 6th. Two investment analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $109.67.

Post Price Performance

Post stock opened at $106.20 on Thursday. The stock’s 50 day moving average is $104.07 and its 200 day moving average is $94.12. The company has a debt-to-equity ratio of 1.60, a current ratio of 1.99 and a quick ratio of 1.00. The firm has a market cap of $6.44 billion, a P/E ratio of 22.79 and a beta of 0.66. Post Holdings, Inc. has a one year low of $78.85 and a one year high of $107.67.

Post (NYSE:POST) last issued its quarterly earnings results on Thursday, February 1st. The company reported $1.69 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.07 by $0.62. The firm had revenue of $1.97 billion for the quarter, compared to analyst estimates of $1.92 billion. Post had a return on equity of 10.51% and a net margin of 4.03%. As a group, research analysts expect that Post Holdings, Inc. will post 5.52 EPS for the current year.

Insider Buying and Selling

In related news, CAO Diedre J. Gray sold 7,297 shares of the company’s stock in a transaction on Monday, February 12th. The stock was sold at an average price of $104.51, for a total transaction of $762,609.47. Following the completion of the sale, the chief accounting officer now owns 51,073 shares in the company, valued at $5,337,639.23. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. In other Post news, CAO Diedre J. Gray sold 7,297 shares of the company’s stock in a transaction on Monday, February 12th. The stock was sold at an average price of $104.51, for a total value of $762,609.47. Following the completion of the transaction, the chief accounting officer now owns 51,073 shares in the company, valued at approximately $5,337,639.23. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Thomas C. Erb purchased 1,000 shares of the company’s stock in a transaction dated Wednesday, February 7th. The shares were purchased at an average cost of $104.24 per share, for a total transaction of $104,240.00. Following the transaction, the director now directly owns 33,475 shares in the company, valued at $3,489,434. The disclosure for this purchase can be found here. 10.70% of the stock is currently owned by corporate insiders.

Post 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.