Harvest Capital Strategies LLC trimmed its position in shares of Post Holdings Inc (NYSE:POST) by 2.0% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 72,000 shares of the company’s stock after selling 1,500 shares during the quarter. Post accounts for approximately 1.0% of Harvest Capital Strategies LLC’s investment portfolio, making the stock its 27th largest position. Harvest Capital Strategies LLC owned 0.11% of Post worth $5,705,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also recently bought and sold shares of POST. Tower Research Capital LLC TRC boosted its stake in shares of Post by 734.8% during the fourth quarter. Tower Research Capital LLC TRC now owns 1,319 shares of the company’s stock valued at $105,000 after purchasing an additional 1,161 shares during the period. Amundi Pioneer Asset Management Inc. purchased a new stake in shares of Post during the fourth quarter valued at $117,000. Old Mutual Global Investors UK Ltd. purchased a new stake in shares of Post during the fourth quarter valued at $118,000. Cerebellum GP LLC purchased a new stake in shares of Post during the fourth quarter valued at $129,000. Finally, Affinity Wealth Management purchased a new stake in shares of Post during the third quarter valued at $205,000.
A number of analysts have recently issued reports on POST shares. Citigroup set a $110.00 target price on shares of Post and gave the company a “buy” rating in a research note on Monday, November 20th. SunTrust Banks set a $105.00 target price on shares of Post and gave the company a “buy” rating in a research note on Thursday, November 16th. Zacks Investment Research raised shares of Post from a “hold” rating to a “buy” rating and set a $83.00 target price for the company in a research note on Thursday, February 8th. Vertical Group raised shares of Post from a “hold” rating to a “buy” rating in a research note on Monday, February 5th. Finally, Pivotal Research reissued a “buy” rating and set a $105.00 target price on shares of Post in a research note on Friday, February 2nd. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and ten have issued a buy rating to the company. Post presently has an average rating of “Buy” and an average target price of $100.13.
Post (NYSE:POST) last released its quarterly earnings data on Thursday, February 1st. The company reported $0.88 earnings per share for the quarter, missing the consensus estimate of $0.92 by ($0.04). The firm had revenue of $1.43 billion during the quarter, compared to the consensus estimate of $1.42 billion. Post had a net margin of 4.54% and a return on equity of 7.90%. The business’s revenue was up 14.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.62 earnings per share. research analysts anticipate that Post Holdings Inc will post 4.52 EPS for the current fiscal year.
In other news, CFO Jeff A. Zadoks acquired 1,353 shares of the firm’s stock in a transaction that occurred on Tuesday, February 6th. The stock was purchased at an average cost of $73.30 per share, for a total transaction of $99,174.90. Following the completion of the acquisition, the chief financial officer now directly owns 7,668 shares of the company’s stock, valued at approximately $562,064.40. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director William P. Stiritz bought 100,000 shares of Post stock in a transaction on Monday, February 12th. The stock was purchased at an average price of $71.99 per share, with a total value of $7,199,000.00. The disclosure for this purchase can be found here. Insiders purchased 104,073 shares of company stock valued at $7,498,693 over the last 90 days. 7.40% of the stock is currently owned by corporate insiders.
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Post Holdings, Inc is a consumer packaged goods holding company. The Company operates through four segments, namely, Post Consumer Brands, Michael Foods Group, Active Nutrition and Private Brands. The Company’s Post Consumer Brands segment includes the Post Foods branded ready-to-eat cereal operations and the business of MOM Brands.
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