Bokf Na Buys 97 Shares of Post Holdings, Inc. (NYSE:POST)

Bokf Na boosted its stake in shares of Post Holdings, Inc. (NYSE:POST) by 1.7% during the first quarter, Holdings Channel reports. The firm owned 5,826 shares of the company’s stock after purchasing an additional 97 shares during the quarter. Bokf Na’s holdings in Post were worth $614,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Vanguard Group Inc. increased its holdings in Post by 6.7% during the first quarter. Vanguard Group Inc. now owns 5,288,249 shares of the company’s stock valued at $562,035,000 after buying an additional 332,811 shares during the last quarter. Dimensional Fund Advisors LP increased its holdings in Post by 9.0% during the fourth quarter. Dimensional Fund Advisors LP now owns 3,002,286 shares of the company’s stock valued at $264,382,000 after buying an additional 249,155 shares during the last quarter. Norges Bank purchased a new stake in Post during the fourth quarter valued at approximately $19,598,000. Verition Fund Management LLC increased its holdings in Post by 347.8% during the fourth quarter. Verition Fund Management LLC now owns 256,983 shares of the company’s stock valued at $22,630,000 after buying an additional 199,592 shares during the last quarter. Finally, Redwood Investment Management LLC purchased a new stake in Post during the fourth quarter valued at approximately $6,047,000. Institutional investors own 94.85% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on POST. Stifel Nicolaus increased their price objective on shares of Post from $115.00 to $120.00 and gave the stock a “buy” rating in a research note on Monday, May 6th. Barclays increased their price objective on shares of Post from $115.00 to $120.00 and gave the stock an “overweight” rating in a research note on Tuesday, May 7th. Finally, Evercore ISI increased their price objective on shares of Post from $118.00 to $122.00 and gave the stock an “outperform” rating in a research note on Monday, May 6th. Two investment analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to MarketBeat, Post has an average rating of “Moderate Buy” and an average price target of $113.67.

Post Price Performance

POST traded down $0.40 during trading on Monday, hitting $108.57. 47,802 shares of the company traded hands, compared to its average volume of 545,056. The company has a market cap of $6.58 billion, a PE ratio of 20.88 and a beta of 0.64. The stock’s 50-day simple moving average is $105.14 and its two-hundred day simple moving average is $103.38. Post Holdings, Inc. has a 1 year low of $78.85 and a 1 year high of $110.88. The company has a current ratio of 2.16, a quick ratio of 1.20 and a debt-to-equity ratio of 1.61.

Post (NYSE:POST) last posted its quarterly earnings data on Thursday, May 2nd. The company reported $1.51 earnings per share for the quarter, beating analysts’ consensus estimates of $1.29 by $0.22. The business had revenue of $2 billion for the quarter, compared to analysts’ expectations of $2.03 billion. Post had a net margin of 4.38% and a return on equity of 10.93%. The business’s revenue was up 23.4% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.10 earnings per share. As a group, sell-side analysts anticipate that Post Holdings, Inc. will post 5.71 earnings per share for the current fiscal year.

Insider Buying and Selling

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

Post Company Profile

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.