EntryPoint Capital LLC Grows Stake in Post Holdings, Inc. $POST

EntryPoint Capital LLC boosted its position in Post Holdings, Inc. (NYSE:POST) by 8.9% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,345 shares of the company’s stock after purchasing an additional 191 shares during the period. EntryPoint Capital LLC’s holdings in Post were worth $273,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of POST. Mariner LLC increased its stake in Post by 15.5% in the 4th quarter. Mariner LLC now owns 6,905 shares of the company’s stock valued at $790,000 after purchasing an additional 927 shares in the last quarter. NewEdge Advisors LLC increased its stake in Post by 770.8% in the 4th quarter. NewEdge Advisors LLC now owns 2,386 shares of the company’s stock valued at $273,000 after purchasing an additional 2,112 shares in the last quarter. MetLife Investment Management LLC increased its stake in Post by 9.0% in the 4th quarter. MetLife Investment Management LLC now owns 26,694 shares of the company’s stock valued at $3,055,000 after purchasing an additional 2,198 shares in the last quarter. MML Investors Services LLC increased its stake in Post by 12.7% in the 4th quarter. MML Investors Services LLC now owns 26,946 shares of the company’s stock valued at $3,084,000 after purchasing an additional 3,041 shares in the last quarter. Finally, Tower Research Capital LLC TRC increased its stake in Post by 478.1% in the 4th quarter. Tower Research Capital LLC TRC now owns 5,423 shares of the company’s stock valued at $621,000 after purchasing an additional 4,485 shares in the last quarter. 94.85% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Post

In other Post news, Director William P. Stiritz acquired 36,000 shares of the firm’s stock in a transaction dated Tuesday, August 19th. The shares were acquired at an average price of $109.53 per share, for a total transaction of $3,943,080.00. Following the completion of the acquisition, the director directly owned 4,334,667 shares of the company’s stock, valued at $474,776,076.51. This trade represents a 0.84% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CEO Nicolas Catoggio sold 1,750 shares of the firm’s stock in a transaction on Thursday, June 5th. The stock was sold at an average price of $108.97, for a total value of $190,697.50. Following the sale, the chief executive officer owned 43,751 shares in the company, valued at $4,767,546.47. This trade represents a 3.85% decrease in their position. The disclosure for this sale can be found here. 11.40% of the stock is owned by company insiders.

Analyst Ratings Changes

A number of equities research analysts have commented on the company. Mizuho lowered their target price on Post from $133.00 to $127.00 and set an “outperform” rating on the stock in a report on Wednesday, May 28th. Evercore ISI increased their target price on Post from $130.00 to $131.00 and gave the company an “outperform” rating in a report on Wednesday, June 4th. JPMorgan Chase & Co. assumed coverage on Post in a report on Wednesday. They set an “overweight” rating and a $122.00 target price on the stock. Wells Fargo & Company lowered their target price on Post from $120.00 to $117.00 and set an “equal weight” rating on the stock in a report on Wednesday, July 9th. Finally, Wall Street Zen upgraded Post from a “hold” rating to a “buy” rating in a report on Saturday, August 9th. Four equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $129.40.

Post Price Performance

POST stock opened at $114.1660 on Friday. Post Holdings, Inc. has a 52-week low of $101.05 and a 52-week high of $125.84. The stock’s fifty day simple moving average is $108.21 and its 200-day simple moving average is $111.03. The company has a quick ratio of 1.84, a current ratio of 2.60 and a debt-to-equity ratio of 1.83. The stock has a market capitalization of $6.20 billion, a price-to-earnings ratio of 19.42 and a beta of 0.49.

Post (NYSE:POST) last posted its quarterly earnings data on Thursday, August 7th. The company reported $2.03 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.67 by $0.36. Post had a return on equity of 10.80% and a net margin of 4.62%.The business had revenue of $1.98 billion for the quarter, compared to analysts’ expectations of $1.95 billion. During the same quarter last year, the firm earned $1.54 earnings per share. The business’s revenue was up 1.9% on a year-over-year basis. Equities research analysts expect that Post Holdings, Inc. will post 6.41 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 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.