Post Holdings Inc (POST) : Tourbillon Capital Partners reduced its stake in Post Holdings Inc by 31.08% during the most recent quarter end. The investment management company now holds a total of 3,042,376 shares of Post Holdings Inc which is valued at $250,691,782 after selling 1,372,042 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 7.03% of Tourbillon Capital Partners’s portfolio.
Other Hedge Funds, Including , Voya Investment Management boosted its stake in POST in the latest quarter, The investment management firm added 8,915 additional shares and now holds a total of 44,247 shares of Post Holdings Inc which is valued at $3,645,953. Post Holdings Inc makes up approx 0.01% of Voya Investment Management’s portfolio. Johnson Financial Group added POST to its portfolio by purchasing 99 company shares during the most recent quarter which is valued at $8,158.Tiaa Cref Investment Management boosted its stake in POST in the latest quarter, The investment management firm added 28,244 additional shares and now holds a total of 638,708 shares of Post Holdings Inc which is valued at $52,629,539. Post Holdings Inc makes up approx 0.04% of Tiaa Cref Investment Management’s portfolio.Systematic Financial Management Lp reduced its stake in POST by selling 47,520 shares or 71.37% in the most recent quarter. The Hedge Fund company now holds 19,065 shares of POST which is valued at $1,571,719. Post Holdings Inc makes up approx 0.02% of Systematic Financial Management Lp’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.