Post Holdings Inc (POST) Director Purchases $199,650.00 in Stock

Post Holdings Inc (NYSE:POST) Director David W. Kemper purchased 2,500 shares of Post stock in a transaction dated Thursday, November 30th. The shares were acquired at an average cost of $79.86 per share, for a total transaction of $199,650.00. Following the completion of the transaction, the director now owns 6,700 shares of the company’s stock, valued at approximately $535,062. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Post Holdings Inc (POST) traded up $0.75 during midday trading on Friday, hitting $79.23. The company had a trading volume of 691,806 shares, compared to its average volume of 843,709. The company has a debt-to-equity ratio of 2.56, a quick ratio of 2.90 and a current ratio of 3.71. Post Holdings Inc has a 52-week low of $75.76 and a 52-week high of $89.04. The firm has a market cap of $5,250.00, a P/E ratio of 264.10, a price-to-earnings-growth ratio of 2.12 and a beta of 0.09.

Post (NYSE:POST) last released its earnings results on Thursday, November 16th. The company reported $0.88 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.93 by ($0.05). Post had a net margin of 0.92% and a return on equity of 7.31%. The firm had revenue of $1.45 billion during the quarter, compared to analyst estimates of $1.43 billion. During the same period in the previous year, the company earned $0.61 earnings per share. Post’s revenue was up 14.9% on a year-over-year basis. sell-side analysts predict that Post Holdings Inc will post 3.71 earnings per share for the current year.

A number of large investors have recently bought and sold shares of the business. Public Employees Retirement System of Ohio boosted its holdings in Post by 68.2% in the third quarter. Public Employees Retirement System of Ohio now owns 47,779 shares of the company’s stock valued at $4,217,000 after purchasing an additional 19,371 shares during the last quarter. California Public Employees Retirement System boosted its holdings in Post by 3.3% in the third quarter. California Public Employees Retirement System now owns 98,939 shares of the company’s stock valued at $8,733,000 after purchasing an additional 3,139 shares during the last quarter. Affinity Wealth Management purchased a new stake in Post in the third quarter valued at $205,000. Janus Henderson Group PLC boosted its holdings in Post by 33.3% in the third quarter. Janus Henderson Group PLC now owns 3,600 shares of the company’s stock valued at $318,000 after purchasing an additional 900 shares during the last quarter. Finally, Asset Management One Co. Ltd. purchased a new stake in Post in the third quarter valued at $548,000.

POST has been the topic of a number of recent analyst reports. Zacks Investment Research downgraded Post from a “strong-buy” rating to a “hold” rating in a research report on Saturday, September 9th. BMO Capital Markets raised Post from a “market perform” rating to an “outperform” rating and set a $106.00 price target on the stock in a research report on Wednesday, September 20th. Pivotal Research reaffirmed a “buy” rating and set a $105.00 price target on shares of Post in a research report on Wednesday, September 20th. BidaskClub raised Post from a “hold” rating to a “buy” rating in a research report on Thursday, September 28th. Finally, Wells Fargo & Co upped their target price on Post from $96.00 to $106.00 and gave the company an “outperform” rating in a research report on Wednesday, October 4th. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating and eight have given a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus target price of $103.25.

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Post Company Profile

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.

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