Moran Wealth Management LLC Invests $5.23 Million in Post Holdings, Inc. $POST

Moran Wealth Management LLC purchased a new position in shares of Post Holdings, Inc. (NYSE:POST) in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 52,897 shares of the company’s stock, valued at approximately $5,229,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Caitong International Asset Management Co. Ltd purchased a new position in Post in the 3rd quarter valued at $26,000. Northwestern Mutual Wealth Management Co. grew its holdings in shares of Post by 119.5% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 248 shares of the company’s stock worth $27,000 after buying an additional 135 shares in the last quarter. Larson Financial Group LLC grew its holdings in shares of Post by 62.8% during the fourth quarter. Larson Financial Group LLC now owns 267 shares of the company’s stock worth $26,000 after buying an additional 103 shares in the last quarter. Highlander Partners L.P. acquired a new stake in shares of Post in the fourth quarter valued at about $33,000. Finally, Ameriflex Group Inc. lifted its stake in shares of Post by 332.0% in the third quarter. Ameriflex Group Inc. now owns 432 shares of the company’s stock worth $46,000 after buying an additional 332 shares in the last quarter. 94.85% of the stock is owned by institutional investors and hedge funds.

Key Headlines Impacting Post

Here are the key news stories impacting Post this week:

• Positive Sentiment: Post Holdings beat analyst EPS estimates in its latest quarter, reporting $1.94 per share versus $1.73 expected, and revenue rose 4.7% year over year, showing continued underlying growth.
• Neutral Sentiment: The company’s revenue of $2.04 billion missed Wall Street’s $2.08 billion estimate, which may be offsetting the earnings beat in investor sentiment.
• Neutral Sentiment: Analysts currently expect Post Holdings to earn 7.57 EPS for the full fiscal year, suggesting the market is still focused on execution against full-year guidance rather than a new near-term headline.

Post Trading Down 0.1%

Shares of POST opened at $92.66 on Friday. The company has a current ratio of 1.85, a quick ratio of 1.03 and a debt-to-equity ratio of 2.38. Post Holdings, Inc. has a 12-month low of $86.37 and a 12-month high of $117.28. The firm has a 50-day moving average price of $95.51 and a 200 day moving average price of $99.48. The firm has a market capitalization of $4.20 billion, a P/E ratio of 15.60 and a beta of 0.39.

Post (NYSE:POST) last issued its earnings results on Thursday, May 7th. The company reported $1.94 EPS for the quarter, topping analysts’ consensus estimates of $1.73 by $0.21. The company had revenue of $2.04 billion for the quarter, compared to the consensus estimate of $2.08 billion. Post had a net margin of 4.01% and a return on equity of 13.36%. Post’s quarterly revenue was up 4.7% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.41 earnings per share. Sell-side analysts forecast that Post Holdings, Inc. will post 7.57 EPS for the current year.

Wall Street Analysts Forecast Growth

POST has been the topic of a number of recent research reports. Weiss Ratings lowered shares of Post from a “hold (c)” rating to a “hold (c-)” rating in a research report on Monday, June 8th. Wells Fargo & Company decreased their target price on shares of Post from $120.00 to $110.00 and set an “equal weight” rating on the stock in a research note on Wednesday, April 8th. Wall Street Zen cut Post from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. Barclays dropped their price target on Post from $127.00 to $119.00 and set an “overweight” rating for the company in a research report on Tuesday, April 14th. Finally, JPMorgan Chase & Co. cut their price target on Post from $133.00 to $119.00 and set an “overweight” rating for the company in a report on Monday, April 20th. Four equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, Post presently has an average rating of “Moderate Buy” and a consensus target price of $119.40.

Insiders Place Their Bets

In other Post news, Director Gregory L. Curl sold 6,186 shares of the firm’s stock in a transaction on Wednesday, May 13th. The stock was sold at an average price of $105.05, for a total transaction of $649,839.30. Following the completion of the sale, the director owned 15,107 shares of the company’s stock, valued at $1,586,990.35. This trade represents a 29.05% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 14.05% of the company’s stock.

About Post

Post Holdings, Inc is a consumer packaged goods company that operates as a holding company for a diverse portfolio of food and beverage brands. The company’s principal activities include the production, marketing and distribution of ready-to-eat cereal, refrigerated and frozen foods, and nutritional beverages. Through its operating segments—Post Consumer Brands, Foodservice, Refrigerated Side Dishes & Bakery, and Active Nutrition—Post Holdings delivers a broad array of products to retail grocers, convenience stores, foodservice operators and e-commerce channels.

The Post Consumer Brands segment features a variety of hot and cold cereals under names such as Honey Bunches of Oats, Shredded Wheat and Pebbles.