National Wealth Management Group LLC Purchases Shares of 3,348 Post Holdings, Inc. $POST

Key Points

• National Wealth Management Group LLC has acquired 3,348 shares of Post Holdings, Inc. valued at approximately $390,000, indicating growing institutional interest in the company.
• Post Holdings, Inc. exceeded analysts' expectations in its latest earnings report, posting $2.03 earnings per share and $1.98 billion in revenue for the quarter.
• The company's board has authorized a stock repurchase plan, suggesting management believes its stock is currently undervalued.

National Wealth Management Group LLC bought a new position in shares of Post Holdings, Inc. (NYSE:POST - Free Report) during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 3,348 shares of the company's stock, valued at approximately $390,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of POST. Northern Trust Corp increased its holdings in Post by 28.9% during the 4th quarter. Northern Trust Corp now owns 447,046 shares of the company's stock worth $51,169,000 after acquiring an additional 100,263 shares during the period. AQR Capital Management LLC increased its holdings in shares of Post by 44.9% in the 4th quarter. AQR Capital Management LLC now owns 66,205 shares of the company's stock worth $7,578,000 after buying an additional 20,517 shares during the last quarter. Schonfeld Strategic Advisors LLC increased its holdings in shares of Post by 48.8% in the 4th quarter. Schonfeld Strategic Advisors LLC now owns 8,770 shares of the company's stock worth $1,004,000 after buying an additional 2,875 shares during the last quarter. Mercer Global Advisors Inc. ADV increased its holdings in shares of Post by 6.7% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 4,026 shares of the company's stock worth $461,000 after buying an additional 252 shares during the last quarter. Finally, Captrust Financial Advisors increased its holdings in shares of Post by 17.2% in the 4th quarter. Captrust Financial Advisors now owns 2,985 shares of the company's stock worth $342,000 after buying an additional 439 shares during the last quarter. Institutional investors own 94.85% of the company's stock.

Analyst Ratings Changes

POST has been the topic of a number of research analyst reports. Wall Street Zen raised shares of Post from a "hold" rating to a "buy" rating in a report on Saturday, August 9th. Mizuho decreased their price target on shares of Post from $133.00 to $127.00 and set an "outperform" rating on the stock in a report on Wednesday, May 28th. Wells Fargo & Company decreased their price target on shares of Post from $120.00 to $117.00 and set an "equal weight" rating on the stock in a report on Wednesday, July 9th. Evercore ISI increased their price target on shares of Post from $130.00 to $131.00 and gave the stock an "outperform" rating in a report on Wednesday, June 4th. Finally, JPMorgan Chase & Co. lifted their target price on shares of Post from $122.00 to $131.00 and gave the stock an "overweight" rating in a research report on Tuesday, August 26th. Four analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $131.20.

Post Trading Down 0.4%

NYSE POST traded down $0.39 during trading on Tuesday, hitting $105.92. 656,327 shares of the company's stock traded hands, compared to its average volume of 642,308. The stock has a fifty day moving average of $108.21 and a two-hundred day moving average of $111.00. The company has a debt-to-equity ratio of 1.83, a current ratio of 2.60 and a quick ratio of 1.84. Post Holdings, Inc. has a 12-month low of $101.05 and a 12-month high of $125.84. The firm has a market cap of $5.75 billion, a P/E ratio of 18.01 and a beta of 0.51.

Post (NYSE:POST - Get Free Report) last announced its quarterly earnings results on Thursday, August 7th. The company reported $2.03 earnings per share for the quarter, beating the consensus estimate of $1.67 by $0.36. The business had revenue of $1.98 billion during the quarter, compared to analysts' expectations of $1.95 billion. Post had a net margin of 4.62% and a return on equity of 10.80%. The firm's revenue for the quarter was up 1.9% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.54 EPS. As a group, sell-side analysts expect that Post Holdings, Inc. will post 6.41 EPS for the current year.

Post announced that its Board of Directors has authorized a stock buyback plan on Friday, August 29th that permits the company to buyback $0.00 in shares. This buyback authorization permits the company to buy shares of its stock through open market purchases. Shares buyback plans are generally a sign that the company's leadership believes its stock is undervalued.

Insiders Place Their Bets

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

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.