Neo Ivy Capital Management Acquires New Position in Post Holdings, Inc. (NYSE:POST)

Neo Ivy Capital Management acquired a new stake in shares of Post Holdings, Inc. (NYSE:POSTFree Report) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 1,956 shares of the company’s stock, valued at approximately $168,000.

A number of other institutional investors have also modified their holdings of POST. C M Bidwell & Associates Ltd. bought a new stake in shares of Post during the 3rd quarter valued at about $26,000. Mitsubishi UFJ Trust & Banking Corp acquired a new position in Post during the 2nd quarter valued at about $34,000. Lazard Asset Management LLC acquired a new position in Post during the 2nd quarter valued at about $61,000. Covestor Ltd boosted its stake in Post by 84.4% during the 1st quarter. Covestor Ltd now owns 1,075 shares of the company’s stock valued at $74,000 after purchasing an additional 492 shares during the period. Finally, Healthcare of Ontario Pension Plan Trust Fund acquired a new position in Post during the 1st quarter valued at about $102,000. Institutional investors own 91.98% of the company’s stock.

Analysts Set New Price Targets

POST has been the subject of a number of analyst reports. Wells Fargo & Company initiated coverage on shares of Post in a research note on Tuesday, December 12th. They set an “equal weight” rating and a $92.00 target price for the company. Stifel Nicolaus upped their price target on shares of Post from $98.00 to $115.00 and gave the stock a “buy” rating in a research note on Monday, February 5th. Barclays upped their price target on shares of Post from $105.00 to $115.00 and gave the stock an “overweight” rating in a research note on Tuesday, February 6th. Finally, Mizuho upped their price target on shares of Post from $110.00 to $128.00 and gave the stock a “buy” rating in a research note on Monday, February 5th. Two equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $109.67.

Read Our Latest Report on Post

Post Stock Down 0.3 %

POST stock opened at $103.84 on Friday. Post Holdings, Inc. has a 12 month low of $78.85 and a 12 month high of $107.00. The firm has a market cap of $6.30 billion, a PE ratio of 22.28 and a beta of 0.66. The firm has a 50 day simple moving average of $99.68 and a 200 day simple moving average of $90.67. The company has a debt-to-equity ratio of 1.60, a current ratio of 1.99 and a quick ratio of 1.00.

Post (NYSE:POSTGet Free Report) last released its earnings results on Thursday, February 1st. The company reported $1.69 EPS for the quarter, beating the consensus estimate of $1.07 by $0.62. Post had a net margin of 4.03% and a return on equity of 10.51%. The business had revenue of $1.97 billion during the quarter, compared to analyst estimates of $1.92 billion. Equities research analysts forecast that Post Holdings, Inc. will post 5.52 earnings per share for the current fiscal year.

Insider Activity at Post

In other news, CEO Nicolas Catoggio sold 300 shares of the business’s stock in a transaction that occurred on Wednesday, March 6th. The shares were sold at an average price of $104.11, for a total transaction of $31,233.00. Following the sale, the chief executive officer now owns 74,992 shares in the company, valued at $7,807,417.12. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other news, Director Thomas C. Erb purchased 1,000 shares of the business’s stock in a transaction dated Wednesday, February 7th. The shares were acquired at an average price of $104.24 per share, for a total transaction of $104,240.00. Following the completion of the acquisition, the director now directly owns 33,475 shares of the company’s stock, valued at $3,489,434. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Nicolas Catoggio sold 300 shares of the business’s stock in a transaction that occurred on Wednesday, March 6th. The shares were sold at an average price of $104.11, for a total transaction of $31,233.00. Following the sale, the chief executive officer now owns 74,992 shares in the company, valued at approximately $7,807,417.12. The disclosure for this sale can be found here. Company insiders own 10.70% of the company’s stock.

Post Company 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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