(NYSE:POST) Stake Lowered by Rothschild Asset Management Inc

Paterniano Del Favero
Agosto 6, 2017

(NYSE:POST) from a sell rating to a hold rating in a research note issued to investors on Thursday, July 13th. They now have $88.00 price target on the stock.

Federated Investors Inc /pa/ trimmed its position by shedding 66 shares a decrease of 71.0% as of 06/30/2017. The fund owned 324,999 shares of the company's stock after selling 8,579 shares during the period. Its portfolio of brands includes diverse offerings such as Honey Bunches of Oats, Pebbles, Post Selects, Great Grains, Spoon Size Shredded Wheat, Post Raisin Bran, Grape-Nuts and Honeycomb.

Equity analyst Goldman Sachs initiated coverage on POST giving it an initial rating of "Buy". Vertical Group lowered shares of Post Holdings from a "buy" rating to a "hold" rating in a report on Wednesday, April 19th.

Shares of Post Holdings (POST) opened at 86.13 on Friday. Zacks Investment Research cut Post Holdings from a "buy" rating to a "hold" rating in a research note on Tuesday, April 11th. Four equities research analysts have rated the stock with a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company. Post Holdings has an average rating of Buy and a consensus price target of $96.00. Post Holdings, Inc. has a one year low of $68.76 and a one year high of $89.04. The stock has a 50 day moving average of $79.84 and a 200-day moving average of $82.87.

The P/E ratio is now 128.17 and market capitalization is 5.71B. The company reported $0.63 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.61 by $0.02. The firm had revenue of $1.27 billion during the quarter, compared to analyst estimates of $1.25 billion.

Et Al reports that it increased its stake in Post Holdings, Inc. stock by 1.0% in its quarterly SEC filing. Post Holdings's revenue for the quarter was up 2.1% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.62 earnings per share. On average, analysts forecast that Post Holdings will post $2.58 earnings per share for the current fiscal year.

Post Holdings, Inc., launched on September 22, 2011, is a consumer packaged goods holding company. "(POST) to "Strong-Buy" was first reported by The Cerbat Gem and is owned by of The Cerbat Gem. If you are reading this report on another domain, it was illegally stolen and republished in violation of United States & global trademark and copyright legislation. The original version of this piece of content can be read at https://www.chaffeybreeze.com/2017/08/05/post-holdings-inc-nysepost-rating-reiterated-by-barclays-plc-updated-updated-updated.html.

Report Holdings published that its board has began a shares buyback program on early Wed, Jun 7th that permits The corporation to repurchase $250.00 M in outstanding Stocks. This repurchase authorization permits the company to repurchase up to 4.6% of its shares through open market purchases. Stock repurchase programs are often an indication that the company's management believes its stock is undervalued.

Several hedge funds have recently made changes to their positions in the stock. Iridian Asset Management LLC CT boosted its position in shares of Post Holdings by 16.4% in the first quarter. Redwood Investments, LLC bolstered its stake by buying 36,790 shares an increase of 1,352.6%. Profund Advisors LLC boosted its stake in shares of Post Holdings by 3.4% in the first quarter. Iridian Asset Management LLC CT now owns 3,700,317 shares of the company's stock worth $323,852,000 after buying an additional 522,288 shares during the last quarter. FMR LLC boosted its position in shares of Post Holdings by 16.0% in the first quarter. Shares saw a steep increase in trading volume of 107.20% over the normal average daily volume. NGAM Advisors L.P. now owns 49,385 shares of the company's stock worth $3,835,000 after buying an additional 6,252 shares during the period. Finally, First Personal Financial Services raised its position in shares of Post Holdings by 37.9% in the second quarter. First Personal Financial Services now owns 2,997 shares of the company's stock valued at $233,000 after buying an additional 824 shares in the last quarter.

Report Holdings (NYSE:POST) previously disclosed its earnings report on Early Thur, Aug 3rd.

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