Richmond Hill Investment Lp buys $15,013,198 stake in Post Holdings Inc (POST)

Post Holdings Inc (POST) : Richmond Hill Investment Lp scooped up 13,000 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 15, 2016. The investment management firm now holds a total of 182,199 shares of Post Holdings Inc which is valued at $15,013,198.Post Holdings Inc makes up approximately 18.80% of Richmond Hill Investment Lp’s portfolio.

Other Hedge Funds, Including , Ratan Capital Management Lp reduced its stake in POST by selling 270,450 shares or 20.51% in the most recent quarter. The Hedge Fund company now holds 1,048,162 shares of POST which is valued at $86,368,549. Post Holdings Inc makes up approx 27.69% of Ratan Capital Management Lp’s portfolio.King Luther Capital Management Corp reduced its stake in POST by selling 22,197 shares or 6.49% in the most recent quarter. The Hedge Fund company now holds 319,841 shares of POST which is valued at $26,354,898. Post Holdings Inc makes up approx 0.25% of King Luther Capital Management Corp’s portfolio. State Of Wisconsin Investment Board added POST to its portfolio by purchasing 43,100 company shares during the most recent quarter which is valued at $3,551,440. Post Holdings Inc makes up approx 0.01% of State Of Wisconsin Investment Board’s portfolio.Peak6 Investments reduced its stake in POST by selling 31,949 shares or 79.36% in the most recent quarter. The Hedge Fund company now holds 8,310 shares of POST which is valued at $684,744. Post Holdings Inc makes up approx 0.04% of Peak6 Investments’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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