Trading Report: Today, IndexIQ Advisors LLC Raises its position in Post Holdings Inc. (POST) as a favorable investment target.

Today, IndexIQ Advisors LLC Raises its position in Post Holdings Inc. (POST) as a favorable investment target.

IndexIQ Advisors LLC boosted its stake in Post Holdings Inc. (NYSE:POST) by 67.2% during the third quarter, Holdings Channel reports. The fund owned 8,122 shares of the company’s stock after buying an additional 3,263 shares during the period. IndexIQ Advisors LLC’s holdings in Post Holdings were worth $627,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Northwestern Mutual Investment Management Company LLC raised its position in Post Holdings by 0.4% in the second quarter. Northwestern Mutual Investment Management Company LLC now owns 11,102 shares of the company’s stock valued at $918,000 after buying an additional 44 shares during the last quarter. First Citizens Bank & Trust Co. raised its position in Post Holdings by 0.6% in the third quarter. First Citizens Bank & Trust Co. now owns 10,075 shares of the company’s stock valued at $777,000 after buying an additional 59 shares during the last quarter. Hanseatic Management Services Inc. raised its position in Post Holdings by 0.8% in the second quarter. Hanseatic Management Services Inc. now owns 12,964 shares of the company’s stock valued at $1,072,000 after buying an additional 98 shares during the last quarter. Arizona State Retirement System raised its position in Post Holdings by 0.3% in the third quarter. Arizona State Retirement System now owns 28,725 shares of the company’s stock valued at $2,217,000 after buying an additional 100 shares during the last quarter. Finally, State Treasurer State of Michigan raised its position in Post Holdings by 0.8% in the second quarter. State Treasurer State of Michigan now owns 25,800 shares of the company’s stock valued at $2,133,000 after buying an additional 200 shares during the last quarter.

Post Holdings Inc. (NYSE:POST) traded up 0.32% during mid-day trading on Monday, reaching $75.81. 451,690 shares of the company traded hands. The stock’s market capitalization is $4.92 billion. Post Holdings Inc. has a 12-month low of $50.93 and a 12-month high of $89.00. The company’s 50-day moving average is $76.39 and its 200-day moving average is $79.78.

Post Holdings (NYSE:POST) last announced its earnings results on Thursday, November 17th. The company reported $0.61 EPS for the quarter, beating analysts’ consensus estimates of $0.44 by $0.17. The company earned $1.26 billion during the quarter. Post Holdings had a positive return on equity of 6.92% and a negative net margin of 0.07%. Post Holdings’s revenue was down 3.7% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.06 EPS. Equities analysts predict that Post Holdings Inc. will post $2.63 earnings per share for the current fiscal year.

Several research firms have issued reports on POST. Zacks Investment Research upgraded shares of Post Holdings from a “sell” rating to a “hold” rating in a report on Thursday. BMO Capital Markets lowered shares of Post Holdings from an “outperform” rating to a “market perform” rating and lowered their price target for the stock from $90.00 to $83.00 in a report on Wednesday, September 21st. They noted that the move was a valuation call. TheStreet lowered shares of Post Holdings from a “buy” rating to a “hold” rating in a report on Thursday, November 17th. Finally, Stifel Nicolaus lowered their price target on shares of Post Holdings from $95.00 to $85.00 and set a “buy” rating for the company in a report on Monday, November 21st. Three research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus price target of $87.50.

In other Post Holdings news, Director William P. Stiritz bought 120,000 shares of the firm’s stock in a transaction that occurred on Monday, November 21st. The stock was bought at an average price of $75.48 per share, for a total transaction of $9,057,600.00. Following the completion of the acquisition, the director now directly owns 1,381,996 shares in the company, valued at $104,313,058.08. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 1.10% of the company’s stock.

About Post Holdings

Post Holdings, Inc is a consumer packaged goods holding company. The Company operates through four segments, namely, Post Consumer Brands, Michael Foods Group, Active Nutrition and Private Brands. The Company’s Post Consumer Brands segment includes the Post Foods branded ready-to-eat cereal operations and the business of MOM Brands.

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