Clarkston Capital Partners LLC has recently announced that it has increased stake in Post Holdings Inc. (NYSE:POST) by 0.28%. After grabbing 2.69 million shares, the institutional investor is now in possession of 7475.0 shares of the Consumer Defensive Company. The new investment brought the stake of investor firm to 4.49% having worth around $242.82 million. Moreover, T. Rowe Price Investment Manageme increased its share by 2.24 million to have a control over 2.24 million shares. And Dimensional Fund Advisors LP raised its holdings to 0.17 million shares by acquiring 2.23 million shares or 3.73% of the stake.
Post Holdings Inc. (POST) concluded trading on 11/23/22 at a closing price of $93.86, with 0.49 million shares of worth about $45.72 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 16.87% during that period and on Wednesday the price saw a gain of about 0.03%. Currently the company’s common shares owned by public are about 60.40M shares, out of which, 53.76M shares are available for trading.
A deeper look into what the analysts at Wall Street are thinking about the price target of this stock provides us with the following: 8 analysts are covering the POST stock and their offered price forecasts bring an average price target of $97.88. Over the next 12 months, analysts forecasted that the stock’s price could jump as high as $107.00 and could fall to a lowest price of $70.00. The stock’s current price level is 1.78% above of average price target set by the analysts, while a rise to estimated low would result in loss of -34.09% for the stock. However, touching the estimated high of $107.00 would mean a gain of 12.28% for the stock.
According to filings with the U.S. Securities and Exchange Commission (SEC), insiders took part in trade of the company’s stock for 56 times over the past 12 months. They bought 161,106 shares in 32 of the transactions. In 24 selling transactions, insiders dumped 85,107 shares.
Touchstone Funds Group Trust – Mi, iShares Core S&P Mid Cap ETF, and Vanguard Total Stock Market Index are the top 3 mutual funds which are holding stakes in Post Holdings Inc. Touchstone Funds Group Trust – Mi is currently holding 1.76 million shares of worth totaling $159.48 million. The company recently came buying 11051.0 shares which brought its stake up to 2.95% of the company’s outstanding shares. iShares Core S&P Mid Cap ETF bought 636.0 shares, after which its hold over company’s outstanding shares expand to 2.74%, leaving 1.63 million shares with the mutual fund that have a worth of about $147.77 million. Vanguard Total Stock Market Index, after buying 1.61 million shares, have now control over 2.70% of the stake in the company. It holds 13212.0 shares of worth $145.7 million.
Post Holdings Inc. (NYSE: POST) started trading at $94.00, above $0.17 from concluding price of the previous day. However, the stock later moved at a day high price of 94.54, or with a gain of 0.03%. Stock saw a price change of 4.79% in past 5 days and over the past one month there was a price change of 5.98%. Year-to-date (YTD), POST shares are showing a performance of 27.25% which increased to 38.24% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $61.67 but also hit the highest price of $93.87 during that period. The average intraday trading volume for Post Holdings Inc. shares is 442.03K. The stock is currently trading 5.44% above its 20-day simple moving average (SMA20), while that difference is up 8.45% for SMA50 and it goes to 16.67% higher than SMA200.
Clarkston Capital Partners LLC acquired 2.69 million shares of Post Holdings Inc. having value of about $242.82 million. Data submitted at the U.S SEC by Clarkston Capital Partners LLC revealed that the firm now holds 7475.0 shares in the company valued at close to $701603.5, or have control over 0.28% stake in the company. Post Holdings Inc. (NYSE: POST) currently have 60.40M outstanding shares and institutions hold larger chunk of about 92.10% of that. Holding of mutual funds in the company is about 44.52% while other institutional holders and individual stake holders have control over 46.30% and 12.93% of the stake respectively.
The stock has a current market capitalization of $5.65B and its 3Y-monthly beta is at 0.65. PE ratio of stock for trailing 12 months is 8.57, while it has posted earnings per share of $10.96 in the same period. Its PEG reads 0.22 and has Quick Ratio of 2.30 while making debt-to-equity ratio of 1.78. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for POST, volatility over the week remained 3.03% while standing at 2.72% over the month.
Analysts are in expectations that Post Holdings Inc. (POST) stock would likely to be making an EPS of $0.7 in the current quarter, while forecast for next quarter EPS is $0.54 and it is $2.86 for next year. For the current quarter EPS, analysts have given the company a lowest target $0.34 which is $1 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of $0.44 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 70.20% while it is estimated to increase by 36.02% in next year. EPS is likely to shrink at an annualized rate of 39.10% for next 5-years, compared to annual growth of 52.30% made by the stock over the past 5-years.
Analysts at 8 brokerage firms have issued recommendations for the Post Holdings Inc. (POST)’s stock and average of those rates the stock at a “Moderate Buy” and assign it a score of 2.30. Out of those 8 Wall Street analysts, 4 recommended a “Buy” rating, while 3 were in favor recommending the stock as a “Hold” and 0 analyst recommended the stock as “Sell”.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Citigroup on May 09, 2022 offering a Buy rating for the stock and assigned a target price of $92 to it. Coverage by Truist stated Post Holdings Inc. (POST) stock as a Hold in their note to investors on March 24, 2022, suggesting a price target of $70 for the stock. On June 22, 2020, Goldman Upgrade their recommendations, while on January 24, 2020, DA Davidson Initiated their ratings for the stock with a price target of $129. Stock get a Buy rating from Jefferies on January 23, 2020.