WINTON GROUP Ltd lowered its stake in Post Holdings, Inc. (NYSE:POST – Free Report) by 45.2% during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 28,093 shares of the company’s stock after selling 23,214 shares during the quarter. WINTON GROUP Ltd owned 0.06% of Post worth $2,479,000 as of its most recent filing with the SEC.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Engineers Gate Manager LP purchased a new position in Post during the second quarter valued at $1,697,000. Parkside Financial Bank & Trust grew its position in shares of Post by 22.8% in the second quarter. Parkside Financial Bank & Trust now owns 1,271 shares of the company’s stock valued at $112,000 after purchasing an additional 236 shares during the period. Corient Private Wealth LP increased its stake in shares of Post by 3.5% during the second quarter. Corient Private Wealth LP now owns 35,734 shares of the company’s stock worth $3,154,000 after purchasing an additional 1,206 shares in the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new stake in shares of Post during the second quarter worth about $1,553,000. Finally, California State Teachers Retirement System raised its position in shares of Post by 8,443.5% during the 2nd quarter. California State Teachers Retirement System now owns 4,353,425 shares of the company’s stock worth $384,233,000 after purchasing an additional 4,302,469 shares during the last quarter. Hedge funds and other institutional investors own 94.85% of the company’s stock.
Post Stock Down 0.1%
Shares of NYSE POST opened at $80.19 on Friday. Post Holdings, Inc. has a 12-month low of $75.40 and a 12-month high of $117.28. The stock has a market cap of $3.63 billion, a PE ratio of 14.74 and a beta of 0.37. The company has a current ratio of 1.85, a quick ratio of 0.99 and a debt-to-equity ratio of 2.47. The company has a 50-day moving average of $85.09 and a 200 day moving average of $93.55.
More Post News
Here are the key news stories impacting Post this week:
- Neutral Sentiment: No material earnings release, guidance update, acquisition announcement, or analyst action involving Post Holdings was identified in the latest articles. Post Holdings stock quote
- Negative Sentiment: The stock remains under pressure following the company’s latest reported quarter, when earnings per share exceeded estimates but revenue fell short of expectations and declined 1.8% year over year. The weaker sales trend may be outweighing the earnings beat.
- Negative Sentiment: Post Holdings is trading below both its 50-day and 200-day moving averages, signaling continued technical weakness and potentially limiting investor appetite in the absence of a fresh positive catalyst.
Wall Street Analysts Forecast Growth
A number of research analysts recently weighed in on POST shares. Jefferies Financial Group set a $117.00 price target on shares of Post in a research note on Monday, July 27th. Weiss Ratings cut Post from a “hold (c)” rating to a “sell (d+)” rating in a report on Monday, August 17th. Wells Fargo & Company decreased their target price on Post from $98.00 to $86.00 and set an “equal weight” rating on the stock in a research report on Monday, August 10th. Evercore set a $121.00 price target on Post in a research note on Monday, August 10th. Finally, JPMorgan Chase & Co. dropped their price target on Post from $116.00 to $99.00 and set an “overweight” rating for the company in a research report on Monday, August 10th. Four research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $109.00.
Read Our Latest Analysis on Post
Insider Activity
In other news, Chairman William P. Stiritz sold 277,935 shares of the company’s stock in a transaction that occurred on Wednesday, September 2nd. The stock was sold at an average price of $84.23, for a total value of $23,410,465.05. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 14.05% of the stock is owned by company insiders.
Post Profile
Post Holdings, Inc is a consumer packaged goods company that develops, manufactures and markets branded and private-label food products. Its portfolio includes ready-to-eat cereal, hot cereal, pet food, protein products, peanut butter, and other grocery items sold through retail and e-commerce channels.
The company operates through several businesses, including Post Consumer Brands, Weetabix, Foodservice and Refrigerated Retail. Its brands include Honey Bunches of Oats, Pebbles, Grape-Nuts, Raisin Bran, Malt-O-Meal, Weetabix, Alpen, Bob Evans and Simply Potatoes.
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