Janus Henderson Group PLC increased its holdings in shares of Post Holdings Inc (NYSE:POST) by 3.8% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 137,360 shares of the company’s stock after buying an additional 5,070 shares during the period. Janus Henderson Group PLC’s holdings in Post were worth $11,816,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also bought and sold shares of the stock. Envestnet Asset Management Inc. grew its holdings in Post by 113.5% during the first quarter. Envestnet Asset Management Inc. now owns 1,467 shares of the company’s stock valued at $114,000 after purchasing an additional 780 shares during the period. Cornerstone Wealth Management LLC acquired a new position in Post during the second quarter valued at approximately $136,000. Toronto Dominion Bank acquired a new position in Post during the second quarter valued at approximately $181,000. CIBC Asset Management Inc acquired a new position in Post during the second quarter valued at approximately $211,000. Finally, Raymond James Financial Services Advisors Inc. acquired a new position in Post during the second quarter valued at approximately $213,000.
POST has been the subject of a number of analyst reports. Wells Fargo & Co set a $111.00 price objective on shares of Post and gave the company a “buy” rating in a report on Monday, August 6th. SunTrust Banks reiterated a “buy” rating and issued a $105.00 price target on shares of Post in a report on Friday, August 3rd. Pivotal Research reiterated a “buy” rating and issued a $120.00 price target (up previously from $105.00) on shares of Post in a report on Friday, August 3rd. Vertical Group cut shares of Post from a “buy” rating to a “hold” rating in a report on Wednesday, June 27th. Finally, ValuEngine upgraded shares of Post from a “sell” rating to a “hold” rating in a report on Monday, June 11th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and seven have issued a buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus target price of $106.25.
Post stock opened at $100.65 on Friday. The company has a market capitalization of $6.67 billion, a PE ratio of 29.02, a P/E/G ratio of 1.70 and a beta of -0.17. Post Holdings Inc has a twelve month low of $70.66 and a twelve month high of $101.17. The company has a quick ratio of 1.21, a current ratio of 1.94 and a debt-to-equity ratio of 2.35.
Post (NYSE:POST) last released its quarterly earnings results on Thursday, August 2nd. The company reported $1.06 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $1.13 by ($0.07). The company had revenue of $1.61 billion during the quarter, compared to analyst estimates of $1.58 billion. Post had a net margin of 8.18% and a return on equity of 10.41%. The firm’s quarterly revenue was up 26.4% compared to the same quarter last year. During the same quarter last year, the company earned $0.63 EPS. equities research analysts predict that Post Holdings Inc will post 4.22 EPS for the current fiscal year.
Post Company Profile
Post Holdings, Inc operates as a consumer packaged goods holding company in the United States and internationally. It manufactures and sells ready-to-eat cereal and hot cereal, egg, refrigerated potato, cheese and other dairy case, and pasta products; and markets and distributes ready-to-drink beverages, bars, powders and other nutritional supplements.
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