Jump Financial LLC Buys Shares of 3,049 Post Holdings, Inc. $POST

Jump Financial LLC bought a new position in shares of Post Holdings, Inc. (NYSE:POST - Free Report) in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 3,049 shares of the company's stock, valued at approximately $355,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Brooklyn Investment Group boosted its holdings in Post by 232.1% in the 1st quarter. Brooklyn Investment Group now owns 279 shares of the company's stock worth $32,000 after buying an additional 195 shares during the period. MassMutual Private Wealth & Trust FSB boosted its holdings in shares of Post by 68.4% in the first quarter. MassMutual Private Wealth & Trust FSB now owns 352 shares of the company's stock worth $41,000 after acquiring an additional 143 shares during the period. Millstone Evans Group LLC boosted its holdings in shares of Post by 167.2% in the first quarter. Millstone Evans Group LLC now owns 358 shares of the company's stock worth $42,000 after acquiring an additional 224 shares during the period. Bessemer Group Inc. grew its position in shares of Post by 200.0% in the first quarter. Bessemer Group Inc. now owns 477 shares of the company's stock valued at $56,000 after purchasing an additional 318 shares in the last quarter. Finally, Parallel Advisors LLC raised its stake in shares of Post by 112.8% during the 1st quarter. Parallel Advisors LLC now owns 717 shares of the company's stock valued at $83,000 after purchasing an additional 380 shares during the period. Institutional investors own 94.85% of the company's stock.

Insider Transactions at Post

In related news, Director William P. Stiritz purchased 36,000 shares of the company's stock in a transaction dated Tuesday, August 19th. The shares were purchased at an average price of $109.53 per share, with a total value of $3,943,080.00. Following the acquisition, the director directly owned 4,334,667 shares in the company, valued at $474,776,076.51. The trade was a 0.84% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 11.40% of the company's stock.

Post Stock Up 0.2%

POST traded up $0.24 during trading on Friday, reaching $108.21. The stock had a trading volume of 750,081 shares, compared to its average volume of 684,258. The company has a current ratio of 2.60, a quick ratio of 1.84 and a debt-to-equity ratio of 1.83. The company has a market capitalization of $5.88 billion, a price-to-earnings ratio of 18.40 and a beta of 0.51. The stock's 50 day moving average is $108.26 and its two-hundred day moving average is $111.11. Post Holdings, Inc. has a one year low of $101.05 and a one year high of $125.84.

Post (NYSE:POST - Get Free Report) last posted its quarterly earnings results on Thursday, August 7th. The company reported $2.03 earnings per share 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 company had revenue of $1.98 billion for the quarter, compared to the consensus estimate of $1.95 billion. During the same quarter in the prior year, the business posted $1.54 EPS. The firm's quarterly revenue was up 1.9% compared to the same quarter last year. As a group, analysts expect that Post Holdings, Inc. will post 6.41 earnings per share for the current year.

Post declared that its Board of Directors has authorized a share buyback plan on Friday, August 29th that authorizes the company to buyback $0.00 in outstanding shares. This buyback authorization authorizes the company to buy shares of its stock through open market purchases. Stock buyback plans are usually an indication that the company's leadership believes its shares are undervalued.

Analyst Upgrades and Downgrades

POST has been the topic of a number of research analyst reports. Piper Sandler increased their price target on shares of Post from $140.00 to $150.00 and gave the stock an "overweight" rating in a report on Wednesday, June 11th. JPMorgan Chase & Co. boosted their target price on Post from $122.00 to $131.00 and gave the stock an "overweight" rating in a research report on Tuesday, August 26th. Mizuho cut their price target on shares of Post from $133.00 to $127.00 and set an "outperform" rating for the company in a research report on Wednesday, May 28th. Wall Street Zen raised Post from a "hold" rating to a "buy" rating in a research note on Saturday, August 9th. Finally, Evercore ISI raised their price target on Post from $130.00 to $131.00 and gave the stock an "outperform" rating in a research report on Wednesday, June 4th. Four equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $131.20.

Post 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.