Somerset Trust Co Sells 301 Shares of Post Holdings, Inc. (NYSE:POST)

Somerset Trust Co cut its holdings in shares of Post Holdings, Inc. (NYSE:POSTFree Report) by 13.3% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,961 shares of the company’s stock after selling 301 shares during the period. Somerset Trust Co’s holdings in Post were worth $227,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of the company. Opal Wealth Advisors LLC bought a new position in shares of Post during the 2nd quarter worth approximately $27,000. New Covenant Trust Company N.A. bought a new position in shares of Post during the first quarter worth approximately $29,000. Bessemer Group Inc. lifted its holdings in Post by 263.8% during the 1st quarter. Bessemer Group Inc. now owns 342 shares of the company’s stock worth $36,000 after purchasing an additional 248 shares during the last quarter. Point72 Asia Singapore Pte. Ltd. bought a new stake in Post in the 2nd quarter valued at $62,000. Finally, Versant Capital Management Inc grew its holdings in Post by 5,283.3% in the 2nd quarter. Versant Capital Management Inc now owns 646 shares of the company’s stock valued at $67,000 after buying an additional 634 shares in the last quarter. 94.85% of the stock is currently owned by institutional investors.

Post Trading Down 0.3 %

Shares of NYSE POST opened at $113.08 on Thursday. Post Holdings, Inc. has a 52-week low of $78.85 and a 52-week high of $118.96. The company has a market cap of $6.85 billion, a PE ratio of 21.66 and a beta of 0.63. The firm’s 50 day moving average price is $114.59 and its 200-day moving average price is $108.34. The company has a debt-to-equity ratio of 1.62, a quick ratio of 1.12 and a current ratio of 2.05.

Post (NYSE:POSTGet Free Report) last announced its quarterly earnings data on Thursday, August 1st. The company reported $1.54 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.21 by $0.33. The business had revenue of $1.95 billion during the quarter, compared to analyst estimates of $2.02 billion. Post had a net margin of 4.46% and a return on equity of 10.91%. The company’s revenue was up 4.7% on a year-over-year basis. During the same period last year, the firm posted $1.52 EPS. On average, equities research analysts expect that Post Holdings, Inc. will post 5.95 EPS for the current fiscal year.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the company. Evercore ISI lifted their price target on Post from $122.00 to $123.00 and gave the company an “outperform” rating in a research note on Monday, August 5th. JPMorgan Chase & Co. upped their price objective on shares of Post from $118.00 to $125.00 and gave the stock an “overweight” rating in a research report on Tuesday, August 6th. Wells Fargo & Company upped their target price on Post from $108.00 to $120.00 and gave the stock an “equal weight” rating in a report on Monday, August 5th. Finally, Stifel Nicolaus lifted their price target on Post from $120.00 to $130.00 and gave the company a “buy” rating in a research note on Monday, August 5th. One analyst has rated the stock with a hold rating and five have given a buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $124.33.

Get Our Latest Analysis on Post

Insider Transactions at Post

In other Post news, Director Thomas C. Erb acquired 2,000 shares of the stock in a transaction dated Tuesday, August 13th. The stock was acquired at an average price of $112.94 per share, with a total value of $225,880.00. Following the completion of the purchase, the director now owns 35,475 shares in the company, valued at $4,006,546.50. This trade represents a 0.00 % increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 10.70% of the company’s stock.

Post Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Post (NYSE:POST)

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