National Bank of Canada FI Lowers Stock Position in Post Holdings, Inc. (NYSE:POST)

National Bank of Canada FI lowered its stake in Post Holdings, Inc. (NYSE:POST - Free Report) by 79.4% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,265 shares of the company's stock after selling 8,728 shares during the quarter. National Bank of Canada FI's holdings in Post were worth $234,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the stock. Opal Wealth Advisors LLC acquired a new stake in shares of Post during the second quarter worth about $27,000. Parallel Advisors LLC lifted its position in shares of Post by 487.0% during the fourth quarter. Parallel Advisors LLC now owns 317 shares of the company's stock worth $28,000 after purchasing an additional 263 shares in the last quarter. New Covenant Trust Company N.A. acquired a new stake in shares of Post during the first quarter worth about $29,000. Bessemer Group Inc. lifted its position in shares of Post by 263.8% during the first quarter. Bessemer Group Inc. now owns 342 shares of the company's stock worth $36,000 after purchasing an additional 248 shares in the last quarter. Finally, Versant Capital Management Inc lifted its position in shares of Post by 5,283.3% during the second quarter. Versant Capital Management Inc now owns 646 shares of the company's stock worth $67,000 after purchasing an additional 634 shares in the last quarter. Institutional investors and hedge funds own 94.85% of the company's stock.

Post Stock Up 0.9 %

NYSE:POST traded up $1.06 during mid-day trading on Friday, hitting $115.48. The stock had a trading volume of 491,844 shares, compared to its average volume of 534,755. The stock has a 50-day simple moving average of $112.17 and a two-hundred day simple moving average of $106.98. The company has a market capitalization of $6.75 billion, a PE ratio of 22.12 and a beta of 0.63. Post Holdings, Inc. has a twelve month low of $78.85 and a twelve month high of $118.96. The company has a current ratio of 2.05, a quick ratio of 1.12 and a debt-to-equity ratio of 1.62.

Post (NYSE:POST - Get Free Report) last announced its quarterly earnings results on Thursday, August 1st. The company reported $1.54 EPS for the quarter, beating the consensus estimate of $1.21 by $0.33. The company had revenue of $1.95 billion for the quarter, compared to analyst estimates of $2.02 billion. Post had a net margin of 4.46% and a return on equity of 10.91%. The firm's revenue was up 4.7% on a year-over-year basis. During the same period in the prior year, the firm posted $1.52 earnings per share. On average, equities research analysts anticipate that Post Holdings, Inc. will post 5.95 EPS for the current year.

Analysts Set New Price Targets

Several brokerages have recently issued reports on POST. Evercore ISI increased their price target on shares of Post from $122.00 to $123.00 and gave the stock an "outperform" rating in a research report on Monday, August 5th. JPMorgan Chase & Co. increased their price target on shares of Post from $118.00 to $125.00 and gave the stock an "overweight" rating in a research report on Tuesday, August 6th. Wells Fargo & Company raised their target price on shares of Post from $108.00 to $120.00 and gave the company an "equal weight" rating in a report on Monday, August 5th. Finally, Stifel Nicolaus raised their target price on shares of Post from $120.00 to $130.00 and gave the company a "buy" rating in a report on Monday, August 5th. Two equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company's stock. According to MarketBeat.com, Post currently has an average rating of "Moderate Buy" and an average target price of $124.33.

Insider Buying and Selling at Post

In related news, Director Thomas C. Erb purchased 2,000 shares of the company's stock in a transaction on Tuesday, August 13th. The shares were bought at an average cost of $112.94 per share, for a total transaction of $225,880.00. Following the completion of the purchase, the director now directly owns 35,475 shares of the company's stock, valued at approximately $4,006,546.50. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 10.70% of the stock is currently owned by insiders.

About Post

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.