Bluemountain Capital Management buys $80,142,734 stake in Post Holdings Inc (POST)

Post Holdings Inc (POST) : Bluemountain Capital Management scooped up 527,618 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 11, 2016. The investment management firm now holds a total of 972,606 shares of Post Holdings Inc which is valued at $80,142,734.Post Holdings Inc makes up approximately 2.38% of Bluemountain Capital Management’s portfolio.

Other Hedge Funds, Including , First Trust Advisors Lp reduced its stake in POST by selling 31,977 shares or 27.18% in the most recent quarter. The Hedge Fund company now holds 85,681 shares of POST which is valued at $7,220,338. Post Holdings Inc makes up approx 0.02% of First Trust Advisors Lp’s portfolio.Capital Fund Management S.a. reduced its stake in POST by selling 15,681 shares or 56.99% in the most recent quarter. The Hedge Fund company now holds 11,833 shares of POST which is valued at $1,007,343. Post Holdings Inc makes up approx 0.02% of Capital Fund Management S.a.’s portfolio.New York State Teachers Retirement System boosted its stake in POST in the latest quarter, The investment management firm added 9,600 additional shares and now holds a total of 91,835 shares of Post Holdings Inc which is valued at $8,021,787. Post Holdings Inc makes up approx 0.02% of New York State Teachers Retirement System’s portfolio.

Post Holdings Inc opened for trading at $85.44 and hit $86.1395 on the upside on Tuesday, eventually ending the session at $85.68, with a gain of 0.27% or 0.23 points. The heightened volatility saw the trading volume jump to 5,29,573 shares. Company has a market cap of $5,539 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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