Post Holdings, Inc. $POST Shares Sold by New York State Teachers Retirement System

New York State Teachers Retirement System decreased its holdings in Post Holdings, Inc. (NYSE:POST) by 11.5% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 53,384 shares of the company’s stock after selling 6,905 shares during the quarter. New York State Teachers Retirement System’s holdings in Post were worth $5,278,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Inspire Investing LLC increased its position in shares of Post by 10.5% in the first quarter. Inspire Investing LLC now owns 5,213 shares of the company’s stock worth $515,000 after acquiring an additional 494 shares in the last quarter. Janney Montgomery Scott LLC boosted its position in Post by 16.8% during the 1st quarter. Janney Montgomery Scott LLC now owns 20,572 shares of the company’s stock worth $2,034,000 after purchasing an additional 2,961 shares during the period. Pictet Asset Management Holding SA boosted its position in Post by 7.5% during the 1st quarter. Pictet Asset Management Holding SA now owns 6,964 shares of the company’s stock worth $688,000 after purchasing an additional 483 shares during the period. Braun Stacey Associates Inc. raised its position in Post by 5.6% in the first quarter. Braun Stacey Associates Inc. now owns 200,398 shares of the company’s stock valued at $19,811,000 after purchasing an additional 10,551 shares during the period. Finally, Venturi Wealth Management LLC lifted its stake in shares of Post by 7.2% during the first quarter. Venturi Wealth Management LLC now owns 2,414 shares of the company’s stock worth $239,000 after purchasing an additional 162 shares in the last quarter. 94.85% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on the company. Weiss Ratings lowered Post from a “hold (c)” rating to a “hold (c-)” rating in a research note on Monday, June 8th. JPMorgan Chase & Co. decreased their price target on Post from $133.00 to $119.00 and set an “overweight” rating for the company in a report on Monday, April 20th. Barclays lowered their price objective on shares of Post from $127.00 to $119.00 and set an “overweight” rating for the company in a research report on Tuesday, April 14th. Wells Fargo & Company dropped their price objective on shares of Post from $120.00 to $110.00 and set an “equal weight” rating on the stock in a research note on Wednesday, April 8th. Finally, Wall Street Zen cut shares of Post from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th. Four investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat.com, Post currently has a consensus rating of “Moderate Buy” and a consensus price target of $119.40.

Insiders Place Their Bets

In other Post news, Director Gregory L. Curl sold 6,186 shares of the business’s stock in a transaction on Wednesday, May 13th. The shares were sold at an average price of $105.05, for a total transaction of $649,839.30. Following the completion of the sale, the director owned 15,107 shares in the company, valued at $1,586,990.35. The trade was a 29.05% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 14.05% of the stock is currently owned by insiders.

Key Headlines Impacting Post

Here are the key news stories impacting Post this week:

• Positive Sentiment: POST is trading near its 52-week low, which may be drawing bargain hunters and technical buyers looking for a rebound from oversold levels.
• Neutral Sentiment: No new Post Holdings-specific earnings, guidance, or strategic announcements were included in the latest news flow.
• Neutral Sentiment: The stock’s recent trading above its average volume suggests investors may be repositioning, but the catalyst is not clearly company-specific.
• Negative Sentiment: POST remains below key moving averages, reflecting continued pressure from the prior downtrend and limiting near-term momentum.

Post Trading Up 0.2%

Shares of NYSE POST opened at $88.68 on Wednesday. The company has a quick ratio of 1.03, a current ratio of 1.85 and a debt-to-equity ratio of 2.38. The stock’s 50 day moving average price is $94.89 and its two-hundred day moving average price is $99.32. Post Holdings, Inc. has a 52-week low of $86.37 and a 52-week high of $117.28. The stock has a market capitalization of $4.02 billion, a P/E ratio of 14.93 and a beta of 0.39.

Post (NYSE:POST) last issued its quarterly earnings results on Thursday, May 7th. The company reported $1.94 earnings per share for the quarter, beating analysts’ consensus estimates of $1.73 by $0.21. The business had revenue of $2.04 billion during the quarter, compared to the consensus estimate of $2.08 billion. Post had a return on equity of 13.36% and a net margin of 4.01%.The business’s quarterly revenue was up 4.7% on a year-over-year basis. During the same period in the previous year, the business earned $1.41 EPS. On average, analysts anticipate that Post Holdings, Inc. will post 7.57 earnings per share for the current fiscal year.

Post Company Profile

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.