Clarkston Capital Partners LLC Raises Position in Post Holdings Inc (POST)

Clarkston Capital Partners LLC increased its holdings in Post Holdings Inc (NYSE:POST) by 0.2% in the 3rd quarter, HoldingsChannel reports. The fund owned 573,465 shares of the company’s stock after buying an additional 1,332 shares during the quarter. Post accounts for about 2.1% of Clarkston Capital Partners LLC’s investment portfolio, making the stock its 16th biggest position. Clarkston Capital Partners LLC’s holdings in Post were worth $56,223,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the stock. Toronto Dominion Bank purchased a new stake in Post during the 2nd quarter valued at about $181,000. Thompson Siegel & Walmsley LLC purchased a new stake in Post during the 2nd quarter valued at about $40,951,000. Janus Henderson Group PLC grew its position in Post by 3.8% during the 2nd quarter. Janus Henderson Group PLC now owns 137,360 shares of the company’s stock valued at $11,816,000 after purchasing an additional 5,070 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS purchased a new stake in Post during the 2nd quarter valued at about $1,562,000. Finally, Principal Financial Group Inc. grew its position in Post by 1.9% during the 1st quarter. Principal Financial Group Inc. now owns 285,829 shares of the company’s stock valued at $21,653,000 after purchasing an additional 5,291 shares during the last quarter.

Shares of NYSE POST traded down $0.57 during trading on Thursday, reaching $95.38. 3,015 shares of the company traded hands, compared to its average volume of 734,819. The company has a quick ratio of 1.21, a current ratio of 1.94 and a debt-to-equity ratio of 2.35. The company has a market cap of $6.53 billion, a PE ratio of 35.92, a PEG ratio of 1.66 and a beta of -0.14. Post Holdings Inc has a 52-week low of $70.66 and a 52-week high of $101.43.

Post (NYSE:POST) last announced its quarterly earnings results on Thursday, August 2nd. The company reported $1.06 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.13 by ($0.07). The company had revenue of $1.61 billion for the quarter, compared to analysts’ expectations of $1.58 billion. Post had a net margin of 8.18% and a return on equity of 10.41%. The business’s revenue was up 26.4% compared to the same quarter last year. During the same period in the previous year, the business earned $0.63 EPS. As a group, equities research analysts anticipate that Post Holdings Inc will post 4.22 EPS for the current fiscal year.

POST has been the topic of several recent analyst reports. Wells Fargo & Co set a $111.00 price objective on shares of Post and gave the company a “buy” rating in a research report on Monday, August 6th. SunTrust Banks reissued a “buy” rating and set a $105.00 price objective on shares of Post in a research report on Friday, August 3rd. Pivotal Research reissued a “buy” rating and set a $120.00 price objective (up from $105.00) on shares of Post in a research report on Friday, August 3rd. Zacks Investment Research raised shares of Post from a “hold” rating to a “buy” rating and set a $106.00 price objective on the stock in a research report on Saturday, October 6th. Finally, Stifel Nicolaus raised their price target on shares of Post from $97.00 to $115.00 and gave the company a “buy” rating in a report on Friday, October 5th. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating and eight have given a buy rating to the company. Post currently has an average rating of “Buy” and an average target price of $110.25.

About Post

Post Holdings, Inc operates as a consumer packaged goods holding company in the United States and internationally. It manufactures and sells ready-to-eat cereal and hot cereal, egg, refrigerated potato, cheese and other dairy case, and pasta products; and markets and distributes ready-to-drink beverages, bars, powders and other nutritional supplements.

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Institutional Ownership by Quarter for Post (NYSE:POST)

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