Moore Capital Management Lp buys $23,179,000 stake in Post Holdings Inc (POST)

Post Holdings Inc (POST) : Moore Capital Management Lp scooped up 66,000 additional shares in Post Holdings Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Nov 14, 2016. The investment management firm now holds a total of 325,000 shares of Post Holdings Inc which is valued at $23,179,000.Post Holdings Inc makes up approximately 1.34% of Moore Capital Management Lp’s portfolio.

Other Hedge Funds, Including , Oppenheimerfunds boosted its stake in POST in the latest quarter, The investment management firm added 64,956 additional shares and now holds a total of 75,060 shares of Post Holdings Inc which is valued at $5,353,279. Post Holdings Inc makes up approx 0.01% of Oppenheimerfunds’s portfolio.Vident Investment Advisory reduced its stake in POST by selling 11,217 shares or 29.84% in the most recent quarter. The Hedge Fund company now holds 26,374 shares of POST which is valued at $1,872,818. Post Holdings Inc makes up approx 0.25% of Vident Investment Advisory’s portfolio.Citadel Advisors boosted its stake in POST in the latest quarter, The investment management firm added 877,403 additional shares and now holds a total of 1,663,150 shares of Post Holdings Inc which is valued at $118,100,282. Post Holdings Inc makes up approx 0.30% of Citadel Advisors’s portfolio.Blackrock Advisors boosted its stake in POST in the latest quarter, The investment management firm added 947 additional shares and now holds a total of 36,258 shares of Post Holdings Inc which is valued at $2,707,385.

Post Holdings Inc closed down -2.41 points or -3.22% at $72.34 with 42,41,200 shares getting traded on Monday. Post opening the session at $74.92, the shares hit an intraday low of $69.1 and an intraday high of $77.47 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.

On the company’s financial health, Post Holdings Inc reported $0.61 EPS for the quarter, beating the analyst consensus estimate by $ 0.17 according to the earnings call on Nov 17, 2016. Analyst had a consensus of $0.44. The company had revenue of $1260.80 million for the quarter, compared to analysts expectations of $1309.04 million. The company’s revenue was down -3.7 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.06 EPS.

Many Wall Street Analysts have commented on Post Holdings Inc. Shares were Reiterated by Stifel on Nov 21, 2016 to “Buy” and Lowered the Price Target to $ 85 from a previous price target of $95 .

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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