Pacer Advisors Inc. Has $2.34 Million Position in Post Holdings Inc (POST)

Pacer Advisors Inc. boosted its holdings in Post Holdings Inc (NYSE:POST) by 12.3% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 23,908 shares of the company’s stock after purchasing an additional 2,624 shares during the period. Pacer Advisors Inc.’s holdings in Post were worth $2,344,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in the stock. Arizona State Retirement System grew its position in Post by 1.3% in the third quarter. Arizona State Retirement System now owns 47,317 shares of the company’s stock valued at $4,639,000 after purchasing an additional 600 shares in the last quarter. LPL Financial LLC grew its position in shares of Post by 3.7% in the 3rd quarter. LPL Financial LLC now owns 19,541 shares of the company’s stock valued at $1,916,000 after acquiring an additional 706 shares during the period. Carnegie Capital Asset Management LLC grew its position in shares of Post by 5.3% in the 2nd quarter. Carnegie Capital Asset Management LLC now owns 15,790 shares of the company’s stock valued at $1,476,000 after acquiring an additional 795 shares during the period. Sageworth Trust Co grew its position in shares of Post by 160.0% in the 3rd quarter. Sageworth Trust Co now owns 1,300 shares of the company’s stock valued at $127,000 after acquiring an additional 800 shares during the period. Finally, State Treasurer State of Michigan grew its position in shares of Post by 3.8% in the 2nd quarter. State Treasurer State of Michigan now owns 24,800 shares of the company’s stock valued at $2,133,000 after acquiring an additional 900 shares during the period.

Shares of POST opened at $91.69 on Friday. Post Holdings Inc has a one year low of $70.66 and a one year high of $101.43. The stock has a market capitalization of $6.11 billion, a PE ratio of 22.47, a PEG ratio of 2.96 and a beta of -0.03. The company has a quick ratio of 2.17, a current ratio of 2.78 and a debt-to-equity ratio of 2.36.

Post (NYSE:POST) last posted its earnings results on Thursday, November 15th. The company reported $1.08 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.21 by ($0.13). The company had revenue of $1.63 billion for the quarter, compared to analyst estimates of $1.63 billion. Post had a return on equity of 10.13% and a net margin of 7.47%. On average, research analysts forecast that Post Holdings Inc will post 5.17 earnings per share for the current fiscal year.

A number of research analysts have recently commented on POST shares. ValuEngine raised shares of Post from a “hold” rating to a “buy” rating in a research report on Friday, October 19th. Stifel Nicolaus lifted their price objective on shares of Post from $97.00 to $115.00 and gave the company a “buy” rating in a research report on Friday, October 5th. Barclays reissued a “buy” rating on shares of Post in a research report on Tuesday, November 20th. Citigroup set a $120.00 price objective on shares of Post and gave the company a “buy” rating in a research report on Tuesday, November 20th. Finally, Zacks Investment Research downgraded shares of Post from a “buy” rating to a “sell” rating in a research report on Tuesday, October 9th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and eight have given a buy rating to the stock. The company has a consensus rating of “Buy” and an average target price of $112.13.

COPYRIGHT VIOLATION WARNING: “Pacer Advisors Inc. Has $2.34 Million Position in Post Holdings Inc (POST)” was originally published by WKRB News and is the sole property of of WKRB News. If you are accessing this news story on another domain, it was illegally stolen and reposted in violation of U.S. and international trademark and copyright law. The original version of this news story can be read at https://www.wkrb13.com/2018/12/16/pacer-advisors-inc-has-2-34-million-position-in-post-holdings-inc-post.html.

Post Profile

Post Holdings, Inc operates as a consumer packaged goods holding company in the United States and internationally. It operates through Post Consumer Brands, Weetabix, Refrigerated Food, and Active Nutrition segments. The Post Consumer Brands segment manufactures, markets, and sells branded and private label ready-to-eat (RTE) cereal and hot cereal products.

Further Reading: Systematic Risk

Institutional Ownership by Quarter for Post (NYSE:POST)

Receive News & Ratings for Post Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Post and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply