Argent Capital Management buys $98.7 Million stake in Post Holdings Inc (POST)

Post Holdings Inc (POST) : Argent Capital Management scooped up 31,620 additional shares in Post Holdings Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on May 12, 2016. The investment management firm now holds a total of 1,319,805 shares of Post Holdings Inc which is valued at $98.7 Million.Post Holdings Inc makes up approximately 4.53% of Argent Capital Management’s portfolio.

Other Hedge Funds, Including , United Services Automobile Association reduced its stake in POST by selling 11,700 shares or 8.97% in the most recent quarter. The Hedge Fund company now holds 118,760 shares of POST which is valued at $8.9 Million. Post Holdings Inc makes up approx 0.03% of United Services Automobile Association’s portfolio.Blackrock Fund Advisors boosted its stake in POST in the latest quarter, The investment management firm added 21,764 additional shares and now holds a total of 3,087,963 shares of Post Holdings Inc which is valued at $231 Million. Post Holdings Inc makes up approx 0.05% of Blackrock Fund Advisors’s portfolio.Liberty Mutual Group Asset Management reduced its stake in POST by selling 14,502 shares or 37.07% in the most recent quarter. The Hedge Fund company now holds 24,621 shares of POST which is valued at $1.8 Million. Post Holdings Inc makes up approx 0.08% of Liberty Mutual Group Asset Management’s portfolio.Parkside Financial Bank Trust reduced its stake in POST by selling 1,000 shares or 57.14% in the most recent quarter. The Hedge Fund company now holds 750 shares of POST which is valued at $55,875. Post Holdings Inc makes up approx 0.03% of Parkside Financial Bank Trust’s portfolio. Campbell Co Investment Adviser added POST to its portfolio by purchasing 3,578 company shares during the most recent quarter which is valued at $266,561. Post Holdings Inc makes up approx 0.97% of Campbell Co Investment Adviser’s portfolio.

Post Holdings Inc opened for trading at $73.48 and hit $73.95 on the upside on Friday, eventually ending the session at $73.63, with a gain of 0.44% or 0.32 points. The heightened volatility saw the trading volume jump to 6,10,434 shares. Company has a market cap of $4,735 M.

On the company’s financial health, Post Holdings Inc reported $0.15 EPS for the quarter, missing the analyst consensus estimate by $ -0.19 based on the information available during the earnings call on Feb 4, 2016. Analyst had a consensus of $0.34. The company had revenue of $1248.00 million for the quarter, compared to analysts expectations of $1325.66 million. The company’s revenue was up 16.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $-1.15 EPS.

Many Wall Street Analysts have commented on Post Holdings Inc. Company shares were Reiterated by Stifel on May 9, 2016 to “Buy”, Firm has raised the Price Target to $ 85 from a previous price target of $75 .Company shares were Reiterated by Pivotal Research Group on May 6, 2016 to “Buy”, Firm has raised the Price Target to $ 90 from a previous price target of $83 .

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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