Ratan Capital Management Lp Lowers stake in Post Holdings Inc (POST)

Post Holdings Inc (POST) : Ratan Capital Management Lp reduced its stake in Post Holdings Inc by 20.51% during the most recent quarter end. The investment management company now holds a total of 1,048,162 shares of Post Holdings Inc which is valued at $86,368,549 after selling 270,450 shares in Post Holdings Inc , the firm said in a disclosure report filed with the SEC on Aug 15, 2016.Post Holdings Inc makes up approximately 27.69% of Ratan Capital Management Lp’s portfolio.

Other Hedge Funds, Including , Hbk Investments L P boosted its stake in POST in the latest quarter, The investment management firm added 12,445 additional shares and now holds a total of 74,339 shares of Post Holdings Inc which is valued at $6,125,534. Post Holdings Inc makes up approx 0.12% of Hbk Investments L P’s portfolio.Blackrock Fund Advisors reduced its stake in POST by selling 781,335 shares or 25.3% in the most recent quarter. The Hedge Fund company now holds 2,306,628 shares of POST which is valued at $190,066,147. Post Holdings Inc makes up approx 0.04% of Blackrock Fund Advisors’s portfolio. Private Trust Co Na added POST to its portfolio by purchasing 2,786 company shares during the most recent quarter which is valued at $244,472. Post Holdings Inc makes up approx 0.06% of Private Trust Co Na’s portfolio.

Post Holdings Inc opened for trading at $84.78 and hit $85.19 on the upside on Thursday, eventually ending the session at $85.04, with a gain of 0.31% or 0.26 points. The heightened volatility saw the trading volume jump to 4,55,128 shares. Company has a market cap of $5,498 M.

On the company’s financial health, Post Holdings Inc reported $0.62 EPS for the quarter, beating the analyst consensus estimate by $ 0.14 according to the earnings call on Aug 4, 2016. Analyst had a consensus of $0.48. The company had revenue of $1246.10 million for the quarter, compared to analysts expectations of $1245.50 million. The company’s revenue was up 2.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.27 EPS.

Many Wall Street Analysts have commented on Post Holdings Inc. Company shares were Reiterated by Pivotal Research Group on Jul 25, 2016 to “Buy”, Firm has raised the Price Target to $ 105 from a previous price target of $90 .Post Holdings Inc was Initiated by KeyBanc Capital Mkts to “Overweight” on May 26, 2016.

Post Holdings Inc. is a consumer packaged goods holding company. The Company operates through four segments namely Post Consumer Brands Michael Foods Group Active Nutrition and Private Brands. The Company’s Post Consumer Brands segment includes the Post Foods branded ready-to-eat cereal operations and the business of MOM Brands. Its Michael Foods Group segment produces and distributes egg products refrigerated potato products cheese and other dairy case products and pasta products. Its Private Brands segment manufactures and distributes organic and conventional private label peanut butter and other nut butters baking nuts raisins and other dried fruit and trail mixes. Its Active Nutrition segment markets and distributes protein beverages and bars under the Premier Protein brand protein powders and bars under the Dymatize and Supreme Protein brands and ready-to-drink beverages and other liquid-based solutions under the Joint Juice brand.

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