Post Holdings Inc (POST) : Duquesne Family Office added new position in Post Holdings Inc during the most recent quarter end. The investment management firm now holds 291,200 shares of Post Holdings Inc which is valued at $23,994,880 , the company said in a statement filed on Aug 15, 2016 with the SEC.Post Holdings Inc makes up approximately 2.01% of Duquesne Family Office’s portfolio.
Other Hedge Funds, Including , Wellington Management Group Llp boosted its stake in POST in the latest quarter, The investment management firm added 66,061 additional shares and now holds a total of 6,236,083 shares of Post Holdings Inc which is valued at $513,853,239. Post Holdings Inc makes up approx 0.13% of Wellington Management Group Llp’s portfolio.Ancora Advisors reduced its stake in POST by selling 15,499 shares or 40.47% in the most recent quarter. The Hedge Fund company now holds 22,797 shares of POST which is valued at $1,878,473. Post Holdings Inc makes up approx 0.21% of Ancora Advisors’s portfolio.Navellier Associates Inc reduced its stake in POST by selling 226 shares or 4.98% in the most recent quarter. The Hedge Fund company now holds 4,308 shares of POST which is valued at $368,377. Post Holdings Inc makes up approx 0.05% of Navellier Associates Inc’s portfolio.Ngam Advisors reduced its stake in POST by selling 1,165 shares or 2.13% in the most recent quarter. The Hedge Fund company now holds 53,500 shares of POST which is valued at $4,574,785. Post Holdings Inc makes up approx 0.06% of Ngam Advisors’s portfolio. Yhb Investment Advisors added POST to its portfolio by purchasing 4,250 company shares during the most recent quarter which is valued at $371,238. Post Holdings Inc makes up approx 0.08% of Yhb Investment Advisors’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.