Post Holdings, Inc. (NYSE:POST) Stock Position Lifted by Quadrature Capital Ltd

Quadrature Capital Ltd grew its holdings in Post Holdings, Inc. (NYSE:POST) by 133.9% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 23,586 shares of the company’s stock after acquiring an additional 13,503 shares during the period. Quadrature Capital Ltd’s holdings in Post were worth $2,506,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the business. CANADA LIFE ASSURANCE Co grew its position in Post by 28.9% in the first quarter. CANADA LIFE ASSURANCE Co now owns 39,614 shares of the company’s stock worth $4,212,000 after acquiring an additional 8,871 shares in the last quarter. Bessemer Group Inc. grew its position in Post by 263.8% in the first quarter. Bessemer Group Inc. now owns 342 shares of the company’s stock worth $36,000 after acquiring an additional 248 shares in the last quarter. PYA Waltman Capital LLC grew its position in Post by 0.6% in the first quarter. PYA Waltman Capital LLC now owns 150,375 shares of the company’s stock worth $15,982,000 after acquiring an additional 932 shares in the last quarter. Vanguard Group Inc. grew its position in Post by 6.7% in the first quarter. Vanguard Group Inc. now owns 5,288,249 shares of the company’s stock worth $562,035,000 after acquiring an additional 332,811 shares in the last quarter. Finally, State Board of Administration of Florida Retirement System grew its position in Post by 22.7% in the first quarter. State Board of Administration of Florida Retirement System now owns 67,016 shares of the company’s stock worth $7,122,000 after acquiring an additional 12,390 shares in the last quarter. 94.85% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several research firms have commented on POST. Evercore ISI boosted their target price on shares of Post from $118.00 to $122.00 and gave the stock an “outperform” rating in a research report on Monday, May 6th. Barclays boosted their target price on shares of Post from $115.00 to $120.00 and gave the stock an “overweight” rating in a research report on Tuesday, May 7th. Finally, Stifel Nicolaus upped their price objective on shares of Post from $115.00 to $120.00 and gave the stock a “buy” rating in a report on Monday, May 6th. Two equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $113.67.

Post Stock Performance

Shares of NYSE POST traded up $1.03 during trading hours on Friday, hitting $108.97. 517,239 shares of the stock were exchanged, compared to its average volume of 426,574. The company has a debt-to-equity ratio of 1.61, a current ratio of 2.16 and a quick ratio of 1.20. The company’s 50 day moving average is $105.14 and its 200 day moving average is $103.30. The firm has a market capitalization of $6.60 billion, a P/E ratio of 20.88 and a beta of 0.64. Post Holdings, Inc. has a one year low of $78.85 and a one year high of $110.88.

Post (NYSE:POST) last posted its quarterly earnings data on Thursday, May 2nd. The company reported $1.51 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.29 by $0.22. The business had revenue of $2 billion during the quarter, compared to the consensus estimate of $2.03 billion. Post had a net margin of 4.38% and a return on equity of 10.93%. Post’s quarterly revenue was up 23.4% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.10 EPS. On average, research analysts expect that Post Holdings, Inc. will post 5.71 EPS for the current year.

Insider Activity at Post

In related news, Director Gregory L. Curl sold 4,000 shares of the company’s stock in a transaction on Friday, May 31st. The shares were sold at an average price of $106.06, for a total transaction of $424,240.00. Following the completion of the transaction, the director now directly owns 21,181 shares in the company, valued at approximately $2,246,456.86. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. In other news, Director Robert E. Grote sold 16,845 shares of the stock in a transaction on Wednesday, June 5th. The shares were sold at an average price of $104.58, for a total value of $1,761,650.10. Following the completion of the transaction, the director now owns 4,400 shares in the company, valued at approximately $460,152. The sale was disclosed in a filing with the SEC, which is available at this link. Also, Director Gregory L. Curl sold 4,000 shares of the stock in a transaction on Friday, May 31st. The shares were sold at an average price of $106.06, for a total transaction of $424,240.00. Following the completion of the transaction, the director now owns 21,181 shares of the company’s stock, valued at approximately $2,246,456.86. The disclosure for this sale can be found here. Insiders sold a total of 22,345 shares of company stock worth $2,344,320 in the last ninety days. 10.70% of the stock is currently owned by insiders.

About Post

Post Holdings, Inc operates as a consumer packaged goods holding company in the United States and internationally. It operates through four segments: Post Consumer Brands, Weetabix, Foodservice, and Refrigerated Retail. The Post Consumer Brands segment manufactures, markets, and sells branded and private label ready-to-eat (RTE) cereals under Honey Bunches of Oats, Pebbles, and Malt-O-Meal brand names; hot cereal; peanut butter under the Peter Pan brand; and branded and private label dog and cat food products under Rachael Ray Nutrish, Nature's Recipe, 9Lives, Kibbles 'n Bits and Gravy Train brand names.