Amalgamated Bank Grows Stake in Post Holdings, Inc. (NYSE:POST)

Amalgamated Bank raised its position in shares of Post Holdings, Inc. (NYSE:POSTFree Report) by 4.3% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 36,477 shares of the company’s stock after purchasing an additional 1,491 shares during the quarter. Amalgamated Bank owned 0.06% of Post worth $3,128,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of POST. Advisor Group Holdings Inc. grew its position in shares of Post by 14.9% during the first quarter. Advisor Group Holdings Inc. now owns 3,011 shares of the company’s stock worth $215,000 after purchasing an additional 391 shares in the last quarter. HighTower Advisors LLC raised its position in shares of Post by 16.1% during the first quarter. HighTower Advisors LLC now owns 3,241 shares of the company’s stock valued at $225,000 after buying an additional 450 shares during the last quarter. PNC Financial Services Group Inc. lifted its holdings in shares of Post by 136.7% in the first quarter. PNC Financial Services Group Inc. now owns 6,553 shares of the company’s stock worth $454,000 after buying an additional 3,784 shares in the last quarter. Bank of Montreal Can boosted its position in shares of Post by 545.8% during the first quarter. Bank of Montreal Can now owns 32,425 shares of the company’s stock worth $2,222,000 after acquiring an additional 27,404 shares during the last quarter. Finally, MetLife Investment Management LLC grew its stake in Post by 29.8% during the first quarter. MetLife Investment Management LLC now owns 36,813 shares of the company’s stock valued at $2,550,000 after acquiring an additional 8,444 shares in the last quarter. 91.98% of the stock is currently owned by institutional investors.

Post Stock Down 1.6 %

NYSE POST opened at $104.77 on Friday. The company has a quick ratio of 1.00, a current ratio of 1.99 and a debt-to-equity ratio of 1.60. Post Holdings, Inc. has a 52 week low of $78.85 and a 52 week high of $106.75. The firm has a market capitalization of $6.36 billion, a price-to-earnings ratio of 22.48 and a beta of 0.65. The company has a fifty day moving average of $92.04 and a two-hundred day moving average of $87.86.

Post (NYSE:POSTGet Free Report) last released its quarterly earnings results on Thursday, November 16th. The company reported $1.63 EPS for the quarter, topping analysts’ consensus estimates of $1.38 by $0.25. Post had a net margin of 4.03% and a return on equity of 10.51%. The firm had revenue of $1.95 billion during the quarter, compared to analysts’ expectations of $1.95 billion. On average, analysts predict that Post Holdings, Inc. will post 5.52 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the stock. Mizuho increased their price objective on shares of Post from $110.00 to $128.00 and gave the company a “buy” rating in a report on Monday, February 5th. Stifel Nicolaus lifted their price objective on Post from $98.00 to $115.00 and gave the stock a “buy” rating in a research note on Monday, February 5th. Wells Fargo & Company initiated coverage on Post in a research report on Tuesday, December 12th. They set an “equal weight” rating and a $92.00 target price for the company. Finally, Barclays boosted their price target on shares of Post from $105.00 to $115.00 and gave the stock an “overweight” rating in a research report on Tuesday, February 6th. Two equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $109.67.

Get Our Latest Report on Post

Insider Activity

In other Post news, Director Thomas C. Erb acquired 1,000 shares of the company’s stock in a transaction that occurred on Wednesday, February 7th. The stock was bought at an average price of $104.24 per share, for a total transaction of $104,240.00. Following the acquisition, the director now directly owns 33,475 shares in the company, valued at $3,489,434. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In other news, Director Ellen F. Harshman sold 500 shares of the firm’s stock in a transaction that occurred on Monday, December 4th. The shares were sold at an average price of $87.09, for a total transaction of $43,545.00. Following the transaction, the director now directly owns 9,272 shares of the company’s stock, valued at $807,498.48. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Thomas C. Erb purchased 1,000 shares of the stock in a transaction that occurred on Wednesday, February 7th. The stock was purchased at an average price of $104.24 per share, with a total value of $104,240.00. Following the acquisition, the director now directly owns 33,475 shares of the company’s stock, valued at approximately $3,489,434. The disclosure for this purchase can be found here. Over the last 90 days, insiders have sold 7,700 shares of company stock valued at $659,914. 10.70% of the stock is currently owned by insiders.

About Post

(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.

See Also

Institutional Ownership by Quarter for Post (NYSE:POST)

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