Post Holdings Inc (POST) : Peregrine Asset Advisers scooped up 6,112 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 46,565 shares of Post Holdings Inc which is valued at $3,836,956.Post Holdings Inc makes up approximately 2.70% of Peregrine Asset Advisers’s portfolio.
Other Hedge Funds, Including , Oberweis Asset Management Inc added POST to its portfolio by purchasing 8,700 company shares during the most recent quarter which is valued at $716,880. Post Holdings Inc makes up approx 0.20% of Oberweis Asset Management Inc’s portfolio.Fmr reduced its stake in POST by selling 578,550 shares or 12.47% in the most recent quarter. The Hedge Fund company now holds 4,059,573 shares of POST which is valued at $334,508,815. Post Holdings Inc makes up approx 0.04% of Fmr’s portfolio. Dynamic Technology Lab Private Ltd added POST to its portfolio by purchasing 2,974 company shares during the most recent quarter which is valued at $245,058. Post Holdings Inc makes up approx 0.06% of Dynamic Technology Lab Private Ltd’s portfolio. Private Trust Co Na added POST to its portfolio by purchasing 2,786 company shares during the most recent quarter which is valued at $244,472. Post Holdings Inc makes up approx 0.06% of Private Trust Co Na’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.