Public Employees Retirement System of Ohio Acquires 271 Shares of Post Holdings Inc (NYSE:POST)

Public Employees Retirement System of Ohio boosted its holdings in shares of Post Holdings Inc (NYSE:POST) by 0.6% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 46,585 shares of the company’s stock after purchasing an additional 271 shares during the period. Public Employees Retirement System of Ohio owned about 0.06% of Post worth $4,931,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Usca Ria LLC purchased a new position in shares of Post during the third quarter valued at approximately $38,000. Amundi Pioneer Asset Management Inc. raised its holdings in Post by 203.8% in the second quarter. Amundi Pioneer Asset Management Inc. now owns 189,994 shares of the company’s stock worth $19,754,000 after purchasing an additional 127,448 shares in the last quarter. Envestnet Asset Management Inc. lifted its position in Post by 20.8% during the second quarter. Envestnet Asset Management Inc. now owns 50,290 shares of the company’s stock valued at $5,229,000 after buying an additional 8,671 shares during the period. BBVA USA Bancshares Inc. bought a new stake in shares of Post during the 3rd quarter valued at $421,000. Finally, Comerica Bank grew its position in shares of Post by 2.6% in the 3rd quarter. Comerica Bank now owns 39,523 shares of the company’s stock worth $3,939,000 after buying an additional 1,020 shares during the period. 88.54% of the stock is owned by institutional investors and hedge funds.

POST opened at $105.03 on Wednesday. The company has a quick ratio of 1.93, a current ratio of 2.65 and a debt-to-equity ratio of 2.41. The firm has a 50 day moving average price of $103.66 and a 200-day moving average price of $104.25. Post Holdings Inc has a twelve month low of $83.88 and a twelve month high of $113.73. The stock has a market capitalization of $7.47 billion, a price-to-earnings ratio of 21.39, a PEG ratio of 2.97 and a beta of 0.28.

Post (NYSE:POST) last issued its quarterly earnings data on Thursday, November 21st. The company reported $1.39 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.07 by $0.32. Post had a net margin of 2.19% and a return on equity of 11.90%. The company had revenue of $1.44 billion for the quarter, compared to the consensus estimate of $1.41 billion. During the same quarter in the prior year, the firm earned $1.08 earnings per share. The firm’s revenue for the quarter was down 11.5% compared to the same quarter last year. As a group, analysts expect that Post Holdings Inc will post 5.08 earnings per share for the current year.

In other Post news, CEO Robert V. Vitale sold 14,261 shares of the firm’s stock in a transaction dated Wednesday, November 27th. The stock was sold at an average price of $106.00, for a total value of $1,511,666.00. Following the transaction, the chief executive officer now directly owns 317,683 shares of the company’s stock, valued at $33,674,398. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 8.10% of the company’s stock.

POST has been the subject of several research reports. Goldman Sachs Group reiterated a “neutral” rating and issued a $116.00 price target on shares of Post in a research note on Monday, November 11th. Zacks Investment Research downgraded Post from a “hold” rating to a “sell” rating in a report on Tuesday, November 12th. BMO Capital Markets reissued a “market perform” rating on shares of Post in a research note on Monday, November 11th. Finally, Stifel Nicolaus raised their price target on Post from $115.00 to $120.00 and gave the company a “buy” rating in a report on Monday, November 11th. One analyst has rated the stock with a sell rating, four have issued a hold rating and five have given a buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of $120.78.

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.

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Institutional Ownership by Quarter for Post (NYSE:POST)

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