Post Sees Unusually High Options Volume (POST)

Post Holdings Inc (NYSE:POST) was the recipient of some unusual options trading activity on Tuesday. Stock investors purchased 1,569 put options on the company. This represents an increase of approximately 1,438% compared to the average daily volume of 102 put options.

Post stock opened at $88.42 on Thursday. The company has a market capitalization of $5.70 billion, a PE ratio of 33.12, a P/E/G ratio of 1.14 and a beta of -0.14. Post has a twelve month low of $70.66 and a twelve month high of $101.43. The company has a quick ratio of 1.21, a current ratio of 1.94 and a debt-to-equity ratio of 2.35.

Post (NYSE:POST) last released its quarterly earnings results on Thursday, August 2nd. The company reported $1.06 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $1.13 by ($0.07). The company had revenue of $1.61 billion during the quarter, compared to analyst estimates of $1.58 billion. Post had a net margin of 8.18% and a return on equity of 10.41%. The firm’s quarterly revenue was up 26.4% compared to the same quarter last year. During the same quarter last year, the company earned $0.63 EPS. As a group, equities research analysts predict that Post will post 4.21 EPS for the current fiscal year.

Institutional investors have recently added to or reduced their stakes in the company. BlackRock Inc. lifted its position in shares of Post by 4.4% in the second quarter. BlackRock Inc. now owns 5,552,309 shares of the company’s stock worth $477,610,000 after purchasing an additional 235,570 shares in the last quarter. Iridian Asset Management LLC CT lifted its position in shares of Post by 10.7% in the second quarter. Iridian Asset Management LLC CT now owns 2,773,566 shares of the company’s stock worth $238,582,000 after purchasing an additional 267,149 shares in the last quarter. Dimensional Fund Advisors LP lifted its position in shares of Post by 1.1% in the second quarter. Dimensional Fund Advisors LP now owns 2,427,567 shares of the company’s stock worth $208,823,000 after purchasing an additional 27,557 shares in the last quarter. Bank of New York Mellon Corp lifted its position in shares of Post by 0.9% in the second quarter. Bank of New York Mellon Corp now owns 666,181 shares of the company’s stock worth $57,305,000 after purchasing an additional 6,157 shares in the last quarter. Finally, Bank of America Corp DE lifted its position in shares of Post by 12.5% in the second quarter. Bank of America Corp DE now owns 633,313 shares of the company’s stock worth $54,477,000 after purchasing an additional 70,533 shares in the last quarter.

A number of research analysts recently issued reports on POST shares. Wells Fargo & Co restated a “buy” rating on shares of Post in a report on Monday, July 23rd. Zacks Investment Research upgraded shares of Post from a “sell” rating to a “hold” rating in a report on Saturday, August 18th. Pivotal Research restated a “buy” rating and set a $120.00 price objective (up previously from $105.00) on shares of Post in a report on Friday, August 3rd. SunTrust Banks restated a “buy” rating and set a $105.00 price objective on shares of Post in a report on Friday, August 3rd. Finally, Barclays started coverage on shares of Post in a report on Tuesday, August 14th. They set an “overweight” rating and a $105.00 price objective for the company. Two analysts have rated the stock with a sell rating, two have given a hold rating and eight have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $110.25.

Post Company Profile

Post Holdings, Inc operates as a consumer packaged goods holding company in the United States and internationally. It manufactures and sells ready-to-eat cereal and hot cereal, egg, refrigerated potato, cheese and other dairy case, and pasta products; and markets and distributes ready-to-drink beverages, bars, powders and other nutritional supplements.

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