Credit Suisse AG Boosts Stake in Post Holdings, Inc. (NYSE:POST)

Credit Suisse AG raised its position in shares of Post Holdings, Inc. (NYSE:POST) by 7.8% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 51,003 shares of the company’s stock after buying an additional 3,676 shares during the quarter. Credit Suisse AG owned about 0.08% of Post worth $4,584,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in POST. Machina Capital S.A.S. purchased a new position in Post during the first quarter worth $45,000. DekaBank Deutsche Girozentrale bought a new position in shares of Post during the 1st quarter worth $56,000. Belpointe Asset Management LLC purchased a new position in shares of Post during the fourth quarter valued at $70,000. Covestor Ltd raised its holdings in shares of Post by 84.4% in the first quarter. Covestor Ltd now owns 1,075 shares of the company’s stock valued at $74,000 after acquiring an additional 492 shares in the last quarter. Finally, Amundi purchased a new stake in Post in the fourth quarter worth about $148,000. Institutional investors own 91.98% of the company’s stock.

Insiders Place Their Bets

In related news, Director Ellen F. Harshman sold 500 shares of the stock in a transaction on Friday, August 25th. The shares were sold at an average price of $90.12, for a total transaction of $45,060.00. Following the completion of the sale, the director now owns 9,772 shares in the company, valued at approximately $880,652.64. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. In other news, Director Ellen F. Harshman sold 400 shares of the business’s stock in a transaction that occurred on Monday, June 5th. The stock was sold at an average price of $85.60, for a total value of $34,240.00. Following the transaction, the director now owns 10,272 shares of the company’s stock, valued at $879,283.20. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Ellen F. Harshman sold 500 shares of the stock in a transaction on Friday, August 25th. The stock was sold at an average price of $90.12, for a total value of $45,060.00. Following the sale, the director now directly owns 9,772 shares of the company’s stock, valued at $880,652.64. The disclosure for this sale can be found here. 9.60% of the stock is currently owned by corporate insiders.

Post Stock Up 0.4 %

POST stock opened at $89.92 on Wednesday. The company has a current ratio of 2.06, a quick ratio of 1.08 and a debt-to-equity ratio of 1.56. The firm has a 50-day moving average of $87.01 and a two-hundred day moving average of $87.99. Post Holdings, Inc. has a 12 month low of $80.39 and a 12 month high of $98.84. The company has a market cap of $5.50 billion, a price-to-earnings ratio of 17.49 and a beta of 0.69.

Post (NYSE:POST) last posted its quarterly earnings data on Thursday, August 3rd. The company reported $1.52 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.89 by $0.63. The firm had revenue of $1.86 billion for the quarter, compared to the consensus estimate of $1.82 billion. Post had a return on equity of 8.52% and a net margin of 4.82%. The company’s quarterly revenue was up 21.9% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.69 EPS. As a group, analysts forecast that Post Holdings, Inc. will post 4.86 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

POST has been the topic of a number of analyst reports. Evercore ISI lifted their price target on Post from $105.00 to $108.00 and gave the company an “outperform” rating in a report on Monday, August 7th. Barclays assumed coverage on shares of Post in a research report on Tuesday, May 2nd. They issued an “overweight” rating on the stock. Finally, StockNews.com started coverage on shares of Post in a research note on Thursday, August 17th. They issued a “hold” rating for the company. Four analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $103.00.

Post 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) cereal, hot cereal, and peanut and nut butter.