Post Holdings Inc (POST) Position Raised by Martingale Asset Management L P

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Martingale Asset Management L P increased its position in shares of Post Holdings Inc (NYSE:POST) by 37.1% in the second quarter, HoldingsChannel reports. The firm owned 4,802 shares of the company’s stock after purchasing an additional 1,300 shares during the period. Martingale Asset Management L P’s holdings in Post were worth $414,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the stock. Thrivent Financial for Lutherans increased its position in shares of Post by 4.8% during the 1st quarter. Thrivent Financial for Lutherans now owns 15,038 shares of the company’s stock worth $1,139,000 after purchasing an additional 684 shares in the last quarter. Envestnet Asset Management Inc. increased its position in shares of Post by 113.5% during the 1st quarter. Envestnet Asset Management Inc. now owns 1,467 shares of the company’s stock worth $114,000 after purchasing an additional 780 shares in the last quarter. Pendal Group Ltd increased its position in shares of Post by 6.1% during the 2nd quarter. Pendal Group Ltd now owns 15,038 shares of the company’s stock worth $1,294,000 after purchasing an additional 869 shares in the last quarter. State Treasurer State of Michigan increased its position in shares of Post by 3.8% during the 2nd quarter. State Treasurer State of Michigan now owns 24,800 shares of the company’s stock worth $2,133,000 after purchasing an additional 900 shares in the last quarter. Finally, Louisiana State Employees Retirement System increased its position in shares of Post by 5.8% during the 2nd quarter. Louisiana State Employees Retirement System now owns 18,200 shares of the company’s stock worth $1,566,000 after purchasing an additional 1,000 shares in the last quarter.

POST opened at $97.20 on Thursday. The company has a quick ratio of 1.21, a current ratio of 1.94 and a debt-to-equity ratio of 2.35. The stock has a market capitalization of $6.48 billion, a price-to-earnings ratio of 28.19, a P/E/G ratio of 1.65 and a beta of -0.17. Post Holdings Inc has a 1-year low of $70.66 and a 1-year high of $99.60.

Post (NYSE:POST) last posted its quarterly earnings data on Thursday, August 2nd. The company reported $1.06 earnings per share for the quarter, missing the 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 company’s revenue was up 26.4% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.63 EPS. equities research analysts forecast that Post Holdings Inc will post 4.22 EPS for the current year.

A number of equities research analysts recently issued reports on the stock. Zacks Investment Research upgraded shares of Post from a “sell” rating to a “hold” rating in a research report on Saturday, August 18th. Piper Jaffray Companies assumed coverage on shares of Post in a research report on Thursday, August 16th. They set an “overweight” rating and a $115.00 target price for the company. Pivotal Research reiterated a “buy” rating and set a $120.00 target price (up previously from $105.00) on shares of Post in a research report on Friday, August 3rd. Wells Fargo & Co set a $111.00 price objective on shares of Post and gave the company a “buy” rating in a research report on Monday, August 6th. Finally, SunTrust Banks restated a “buy” rating and issued a $105.00 price objective on shares of Post in a research report on Friday, August 3rd. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and seven have issued a buy rating to the stock. Post has a consensus rating of “Buy” and a consensus price target of $106.25.

Post 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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Institutional Ownership by Quarter for Post (NYSE:POST)

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