Inspire Investing LLC Grows Stock Position in Post Holdings, Inc. (NYSE:POST)

Inspire Investing LLC lifted its stake in Post Holdings, Inc. (NYSE:POST) by 5.1% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 3,565 shares of the company’s stock after buying an additional 172 shares during the quarter. Inspire Investing LLC’s holdings in Post were worth $413,000 as of its most recent SEC filing.

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

Post Stock Up 0.3 %

Shares of POST opened at $115.98 on Thursday. The stock has a 50 day moving average price of $114.90 and a 200 day moving average price of $108.64. The company has a debt-to-equity ratio of 1.62, a quick ratio of 1.12 and a current ratio of 2.05. The stock has a market capitalization of $7.03 billion, a price-to-earnings ratio of 22.22 and a beta of 0.63. Post Holdings, Inc. has a one year low of $79.78 and a one year high of $118.96.

Post (NYSE:POST) last issued its earnings results on Thursday, August 1st. The company reported $1.54 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 analysts’ expectations of $2.02 billion. Post had a net margin of 4.46% and a return on equity of 10.91%. The company’s quarterly revenue was up 4.7% compared to the same quarter last year. During the same period in the prior year, the business earned $1.52 earnings per share. Equities research analysts forecast that Post Holdings, Inc. will post 5.95 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, Director Thomas C. Erb purchased 2,000 shares of the company’s stock in a transaction dated Tuesday, August 13th. The stock was acquired at an average cost of $112.94 per share, for a total transaction of $225,880.00. Following the completion of the transaction, the director now directly owns 35,475 shares of the company’s stock, valued at approximately $4,006,546.50. This trade represents a 0.00 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 10.70% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts recently weighed in on the company. Wells Fargo & Company upped their price target on Post from $108.00 to $120.00 and gave the stock an “equal weight” rating in a report on Monday, August 5th. Stifel Nicolaus increased their target price on Post from $120.00 to $130.00 and gave the company a “buy” rating in a research report on Monday, August 5th. Evercore ISI lifted their price target on shares of Post from $122.00 to $123.00 and gave the company an “outperform” rating in a research note on Monday, August 5th. Finally, 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. One research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $124.33.

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.