A.R.T. Advisors LLC Acquires 2,900 Shares of Post Holdings Inc (NYSE:POST)

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A.R.T. Advisors LLC grew its holdings in shares of Post Holdings Inc (NYSE:POST) by 28.0% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 13,247 shares of the company’s stock after purchasing an additional 2,900 shares during the quarter. A.R.T. Advisors LLC’s holdings in Post were worth $1,377,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of POST. Janney Montgomery Scott LLC purchased a new position in shares of Post during the 1st quarter worth $204,000. California Public Employees Retirement System lifted its stake in shares of Post by 3.8% during the 1st quarter. California Public Employees Retirement System now owns 100,606 shares of the company’s stock worth $11,006,000 after purchasing an additional 3,725 shares during the period. Raymond James Financial Services Advisors Inc. lifted its stake in shares of Post by 11.6% during the 1st quarter. Raymond James Financial Services Advisors Inc. now owns 7,276 shares of the company’s stock worth $796,000 after purchasing an additional 758 shares during the period. New York State Teachers Retirement System lifted its stake in shares of Post by 5.9% during the 1st quarter. New York State Teachers Retirement System now owns 94,150 shares of the company’s stock worth $10,300,000 after purchasing an additional 5,225 shares during the period. Finally, Oregon Public Employees Retirement Fund lifted its stake in shares of Post by 3.7% during the 1st quarter. Oregon Public Employees Retirement Fund now owns 26,652 shares of the company’s stock worth $2,916,000 after purchasing an additional 959 shares during the period. 90.56% of the stock is currently owned by institutional investors.

In other Post news, insider Mark W. Westphal purchased 2,000 shares of the company’s stock in a transaction that occurred on Thursday, August 29th. The stock was acquired at an average cost of $98.13 per share, with a total value of $196,260.00. Following the completion of the purchase, the insider now directly owns 40,703 shares in the company, valued at approximately $3,994,185.39. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 8.10% of the stock is currently owned by corporate insiders.

POST has been the subject of a number of research analyst reports. ValuEngine downgraded Post from a “buy” rating to a “hold” rating in a report on Thursday, August 1st. Zacks Investment Research cut shares of Post from a “hold” rating to a “sell” rating in a research report on Tuesday, October 1st. Finally, Piper Jaffray Companies cut shares of Post from an “overweight” rating to a “neutral” rating in a research report on Friday, July 19th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and eight have given a buy rating to the company’s stock. Post has a consensus rating of “Buy” and an average target price of $122.78.

Shares of NYSE:POST traded up $1.95 during trading on Friday, reaching $101.16. 681,211 shares of the company traded hands, compared to its average volume of 599,769. The firm has a market cap of $7.25 billion, a P/E ratio of 24.79, a price-to-earnings-growth ratio of 2.63 and a beta of 0.32. Post Holdings Inc has a 1-year low of $83.88 and a 1-year high of $113.73. The company has a quick ratio of 1.23, a current ratio of 2.02 and a debt-to-equity ratio of 1.97. The firm has a fifty day simple moving average of $103.09 and a 200 day simple moving average of $105.72.

Post (NYSE:POST) last posted its quarterly earnings data on Thursday, August 1st. The company reported $1.19 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.24 by ($0.05). Post had a return on equity of 11.15% and a net margin of 2.90%. The company had revenue of $1.44 billion for the quarter, compared to the consensus estimate of $1.46 billion. During the same quarter in the previous year, the firm posted $1.06 EPS. The business’s revenue for the quarter was down 10.5% compared to the same quarter last year. As a group, research analysts anticipate that Post Holdings Inc will post 4.72 EPS for the current year.

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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Institutional Ownership by Quarter for Post (NYSE:POST)

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