Mutual of America Capital Management LLC lessened its holdings in shares of Post Holdings Inc (NYSE:POST) by 2.6% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 56,303 shares of the company’s stock after selling 1,524 shares during the quarter. Mutual of America Capital Management LLC owned about 0.08% of Post worth $5,520,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also modified their holdings of the stock. Honkamp Krueger Financial Services Inc. purchased a new stake in shares of Post during the 3rd quarter worth $128,000. Tower Research Capital LLC TRC lifted its stake in shares of Post by 80.0% during the 3rd quarter. Tower Research Capital LLC TRC now owns 5,779 shares of the company’s stock worth $567,000 after purchasing an additional 2,568 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. purchased a new stake in shares of Post during the 3rd quarter worth $901,000. GSA Capital Partners LLP purchased a new stake in shares of Post during the 3rd quarter worth $990,000. Finally, Hsbc Holdings PLC purchased a new stake in shares of Post during the 3rd quarter worth $588,000.
Shares of POST stock opened at $91.41 on Friday. The company has a current ratio of 2.78, a quick ratio of 2.17 and a debt-to-equity ratio of 2.36. The stock has a market capitalization of $6.16 billion, a PE ratio of 22.40, a PEG ratio of 2.98 and a beta of -0.03. Post Holdings Inc has a fifty-two week low of $70.66 and a fifty-two week high of $101.43.
Post (NYSE:POST) last issued its earnings results on Thursday, November 15th. The company reported $1.08 EPS for the quarter, missing analysts’ consensus estimates of $1.21 by ($0.13). Post had a return on equity of 10.13% and a net margin of 7.47%. The company had revenue of $1.63 billion during the quarter, compared to analysts’ expectations of $1.63 billion. Research analysts anticipate that Post Holdings Inc will post 5.17 EPS for the current year.
A number of equities research analysts recently weighed in on the company. ValuEngine cut Post from a “buy” rating to a “hold” rating in a research note on Saturday, October 27th. Piper Jaffray Companies assumed coverage on Post in a research note on Thursday, August 16th. They set an “overweight” rating and a $115.00 price objective for the company. Barclays assumed coverage on Post in a research note on Tuesday, August 14th. They set an “overweight” rating and a $105.00 price objective for the company. Zacks Investment Research cut Post from a “buy” rating to a “sell” rating in a research note on Tuesday, October 9th. Finally, Citigroup upped their price objective on Post from $110.00 to $115.00 and gave the stock a “buy” rating in a research note on Tuesday, November 13th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and eight have assigned a buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average price target of $112.13.
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Post Company Profile
Post Holdings, Inc operates as a consumer packaged goods holding company in the United States and internationally. It operates through Post Consumer Brands, Weetabix, Refrigerated Food, and Active Nutrition segments. The Post Consumer Brands segment manufactures, markets, and sells branded and private label ready-to-eat (RTE) cereal and hot cereal products.
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