Post Holdings Inc (POST) : Route One Investment Company scooped up 39,000 additional shares in Post Holdings Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 12, 2016. The investment management firm now holds a total of 2,838,583 shares of Post Holdings Inc which is valued at $233,899,239.Post Holdings Inc makes up approximately 12.51% of Route One Investment Company’s portfolio.
Other Hedge Funds, Including , Nuveen Asset Management reduced its stake in POST by selling 2,458 shares or 8.45% in the most recent quarter. The Hedge Fund company now holds 26,623 shares of POST which is valued at $2,193,735. Post Holdings Inc makes up approx 0.01% of Nuveen Asset Management’s portfolio.Rhumbline Advisers reduced its stake in POST by selling 41,516 shares or 27.95% in the most recent quarter. The Hedge Fund company now holds 107,028 shares of POST which is valued at $8,819,107. Post Holdings Inc makes up approx 0.03% of Rhumbline Advisers’s portfolio.Diamond Hill Capital Management Inc boosted its stake in POST in the latest quarter, The investment management firm added 5,230 additional shares and now holds a total of 1,472,849 shares of Post Holdings Inc which is valued at $121,362,758. Post Holdings Inc makes up approx 0.73% of Diamond Hill Capital Management Inc’s portfolio.New York State Common Retirement Fund boosted its stake in POST in the latest quarter, The investment management firm added 29,610 additional shares and now holds a total of 151,767 shares of Post Holdings Inc which is valued at $12,505,601. Post Holdings Inc makes up approx 0.02% of New York State Common Retirement Fund’s portfolio. Chicago Equity Partners sold out all of its stake in POST during the most recent quarter. The investment firm sold 6,105 shares of POST which is valued $529,120.
Post Holdings Inc opened for trading at $85.3 and hit $86.5 on the upside on Monday, eventually ending the session at $86.48, with a gain of 1.80% or 1.53 points. The heightened volatility saw the trading volume jump to 4,89,416 shares. Company has a market cap of $5,591 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.