William P. Stiritz Buys 186,740 Shares of Post Holdings, Inc. (NYSE:POST) Stock

Post Holdings, Inc. (NYSE:POST) Director William P. Stiritz bought 186,740 shares of the stock in a transaction that occurred on Thursday, June 5th. The shares were purchased at an average cost of $109.11 per share, with a total value of $20,375,201.40. Following the purchase, the director now directly owns 4,298,667 shares of the company’s stock, valued at $469,027,556.37. The trade was a 4.54% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is available through the SEC website.

Post Trading Up 0.8%

NYSE:POST opened at $111.00 on Wednesday. The company has a current ratio of 2.39, a quick ratio of 1.64 and a debt-to-equity ratio of 1.78. The stock has a market capitalization of $6.18 billion, a price-to-earnings ratio of 18.29 and a beta of 0.49. The firm has a fifty day simple moving average of $112.03 and a two-hundred day simple moving average of $112.60. Post Holdings, Inc. has a 12 month low of $99.70 and a 12 month high of $125.84.

Post (NYSE:POST) last posted its quarterly earnings results on Thursday, May 8th. The company reported $1.41 EPS for the quarter, topping analysts’ consensus estimates of $1.18 by $0.23. The business had revenue of $1.95 billion during the quarter, compared to analysts’ expectations of $1.98 billion. Post had a net margin of 4.94% and a return on equity of 10.48%. The business’s quarterly revenue was down 2.3% on a year-over-year basis. During the same period last year, the company posted $1.51 earnings per share. Analysts expect that Post Holdings, Inc. will post 6.41 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on the stock. Wells Fargo & Company lowered their target price on shares of Post from $124.00 to $120.00 and set an “equal weight” rating for the company in a research note on Monday, May 12th. Evercore ISI raised their price target on shares of Post from $130.00 to $131.00 and gave the stock an “outperform” rating in a report on Wednesday, June 4th. Finally, Mizuho reduced their price target on shares of Post from $133.00 to $127.00 and set an “outperform” rating for the company in a report on Wednesday, May 28th. One analyst has rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to MarketBeat.com, Post presently has an average rating of “Moderate Buy” and an average price target of $128.83.

Institutional Investors Weigh In On Post

A number of institutional investors and hedge funds have recently made changes to their positions in POST. Brooklyn Investment Group boosted its stake in Post by 232.1% during the 1st quarter. Brooklyn Investment Group now owns 279 shares of the company’s stock valued at $32,000 after purchasing an additional 195 shares during the last quarter. MassMutual Private Wealth & Trust FSB boosted its stake in Post by 68.4% during the 1st quarter. MassMutual Private Wealth & Trust FSB now owns 352 shares of the company’s stock valued at $41,000 after purchasing an additional 143 shares during the last quarter. Millstone Evans Group LLC boosted its stake in Post by 167.2% during the 1st quarter. Millstone Evans Group LLC now owns 358 shares of the company’s stock valued at $42,000 after purchasing an additional 224 shares during the last quarter. True Wealth Design LLC boosted its stake in Post by 281.2% during the 4th quarter. True Wealth Design LLC now owns 385 shares of the company’s stock valued at $44,000 after purchasing an additional 284 shares during the last quarter. Finally, Bessemer Group Inc. boosted its stake in Post by 200.0% during the 1st quarter. Bessemer Group Inc. now owns 477 shares of the company’s stock valued at $56,000 after purchasing an additional 318 shares during the last quarter. Institutional investors and hedge funds own 94.85% of the company’s stock.

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.