TD Private Client Wealth LLC Trims Stake in Post Holdings, Inc. $POST

TD Private Client Wealth LLC lowered its stake in shares of Post Holdings, Inc. (NYSE:POST) by 85.7% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,042 shares of the company’s stock after selling 6,235 shares during the quarter. TD Private Client Wealth LLC’s holdings in Post were worth $103,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Dimensional Fund Advisors LP increased its position in shares of Post by 4.1% during the third quarter. Dimensional Fund Advisors LP now owns 2,812,423 shares of the company’s stock valued at $302,272,000 after buying an additional 110,928 shares during the period. AQR Capital Management LLC increased its position in shares of Post by 55.8% during the third quarter. AQR Capital Management LLC now owns 321,840 shares of the company’s stock valued at $34,476,000 after buying an additional 115,223 shares during the period. Victory Capital Management Inc. increased its position in shares of Post by 11.6% during the third quarter. Victory Capital Management Inc. now owns 310,946 shares of the company’s stock valued at $33,420,000 after buying an additional 32,404 shares during the period. PYA Waltman Capital LLC increased its position in shares of Post by 63.1% during the third quarter. PYA Waltman Capital LLC now owns 301,544 shares of the company’s stock valued at $32,410,000 after buying an additional 116,669 shares during the period. Finally, Gamco Investors INC. ET AL increased its position in shares of Post by 1.4% during the fourth quarter. Gamco Investors INC. ET AL now owns 232,682 shares of the company’s stock valued at $23,047,000 after buying an additional 3,266 shares during the period. Hedge funds and other institutional investors own 94.85% of the company’s stock.

Trending Headlines about Post

Here are the key news stories impacting Post this week:

• Neutral Sentiment: No direct news flow on Post Holdings was released in the provided articles, so there is no obvious new catalyst driving the stock.
• Neutral Sentiment: Recent market headlines were dominated by macro/political issues and updates from other companies, which are unlikely to have a direct impact on Post’s fundamentals.
• Neutral Sentiment: Post’s last earnings report showed an EPS beat and year-over-year revenue growth, which may continue to provide some underlying support for the stock.

Insiders Place Their Bets

In other Post news, Director Gregory L. Curl sold 6,186 shares of the company’s stock in a transaction dated Wednesday, May 13th. The shares were sold at an average price of $105.05, for a total value of $649,839.30. Following the sale, the director owned 15,107 shares in the company, valued at approximately $1,586,990.35. This represents a 29.05% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 14.05% of the company’s stock.

Post Price Performance

Shares of POST opened at $97.37 on Friday. The stock has a market cap of $4.41 billion, a PE ratio of 16.39 and a beta of 0.43. The company has a debt-to-equity ratio of 2.38, a quick ratio of 1.03 and a current ratio of 1.85. Post Holdings, Inc. has a fifty-two week low of $94.13 and a fifty-two week high of $117.28. The firm’s 50-day simple moving average is $100.28 and its two-hundred day simple moving average is $101.81.

Post (NYSE:POST) last announced its quarterly earnings data on Thursday, May 7th. The company reported $1.94 earnings per share for the quarter, topping analysts’ consensus estimates of $1.73 by $0.21. The business had revenue of $2.04 billion for the quarter, compared to analysts’ expectations of $2.08 billion. Post had a net margin of 4.01% and a return on equity of 13.36%. The business’s revenue was up 4.7% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.41 earnings per share. Analysts anticipate that Post Holdings, Inc. will post 7.58 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the stock. Barclays reduced their price target on shares of Post from $127.00 to $119.00 and set an “overweight” rating on the stock in a research report on Tuesday, April 14th. Wells Fargo & Company cut their price objective on shares of Post from $120.00 to $110.00 and set an “equal weight” rating on the stock in a report on Wednesday, April 8th. BTIG Research started coverage on shares of Post in a report on Monday, April 13th. They issued a “neutral” rating on the stock. Weiss Ratings upgraded shares of Post from a “sell (d+)” rating to a “hold (c-)” rating in a report on Friday, February 6th. Finally, JPMorgan Chase & Co. cut their price objective on shares of Post from $133.00 to $119.00 and set an “overweight” rating on the stock in a report on Monday, April 20th. Five research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $124.50.

About Post

Post Holdings, Inc is a consumer packaged goods company that operates as a holding company for a diverse portfolio of food and beverage brands. The company’s principal activities include the production, marketing and distribution of ready-to-eat cereal, refrigerated and frozen foods, and nutritional beverages. Through its operating segments—Post Consumer Brands, Foodservice, Refrigerated Side Dishes & Bakery, and Active Nutrition—Post Holdings delivers a broad array of products to retail grocers, convenience stores, foodservice operators and e-commerce channels.

The Post Consumer Brands segment features a variety of hot and cold cereals under names such as Honey Bunches of Oats, Shredded Wheat and Pebbles.