Vanguard Group Inc. Sells 28,926 Shares of Post Holdings, Inc. (NYSE:POST)

Vanguard Group Inc. decreased its position in Post Holdings, Inc. (NYSE:POST) by 0.6% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 4,955,438 shares of the company’s stock after selling 28,926 shares during the quarter. Vanguard Group Inc. owned about 0.08% of Post worth $436,376,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in POST. Dimensional Fund Advisors LP grew its stake in shares of Post by 9.0% in the 4th quarter. Dimensional Fund Advisors LP now owns 3,002,286 shares of the company’s stock valued at $264,382,000 after buying an additional 249,155 shares in the last quarter. Norges Bank bought a new stake in Post during the fourth quarter worth approximately $19,598,000. Wellington Management Group LLP boosted its position in Post by 14.7% during the third quarter. Wellington Management Group LLP now owns 1,634,146 shares of the company’s stock worth $140,112,000 after purchasing an additional 209,111 shares during the period. Verition Fund Management LLC boosted its position in Post by 347.8% during the fourth quarter. Verition Fund Management LLC now owns 256,983 shares of the company’s stock worth $22,630,000 after purchasing an additional 199,592 shares during the period. Finally, Redwood Investment Management LLC bought a new stake in Post during the fourth quarter worth approximately $6,047,000. Institutional investors own 94.85% of the company’s stock.

Post Stock Down 0.4 %

POST opened at $103.17 on Thursday. Post Holdings, Inc. has a 1-year low of $78.85 and a 1-year high of $108.17. The company has a current ratio of 2.16, a quick ratio of 1.20 and a debt-to-equity ratio of 1.61. The stock has a market capitalization of $6.25 billion, a price-to-earnings ratio of 19.76 and a beta of 0.63. The business has a 50 day moving average of $104.60 and a 200-day moving average of $100.62.

Post (NYSE:POST) last posted its quarterly earnings data on Thursday, May 2nd. The company reported $1.51 earnings per share for the quarter, beating the consensus estimate of $1.29 by $0.22. Post had a return on equity of 10.93% and a net margin of 4.38%. The company had revenue of $2 billion during the quarter, compared to analysts’ expectations of $2.03 billion. During the same period in the prior year, the business earned $1.10 earnings per share. Post’s revenue for the quarter was up 23.4% compared to the same quarter last year. As a group, sell-side analysts anticipate that Post Holdings, Inc. will post 5.61 earnings per share for the current year.

Insider Activity at Post

In related news, Director Robert E. Grote sold 16,845 shares of the company’s stock in a transaction on Wednesday, June 5th. The stock was sold at an average price of $104.58, for a total value of $1,761,650.10. Following the completion of the transaction, the director now directly owns 4,400 shares in the company, valued at $460,152. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. In related news, Director Gregory L. Curl sold 4,000 shares of the company’s stock in a transaction on Friday, May 31st. The stock was sold at an average price of $106.06, for a total value of $424,240.00. Following the completion of the transaction, the director now directly owns 21,181 shares in the company, valued at $2,246,456.86. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Robert E. Grote sold 16,845 shares of the stock in a transaction on Wednesday, June 5th. The stock was sold at an average price of $104.58, for a total value of $1,761,650.10. Following the transaction, the director now owns 4,400 shares of the company’s stock, valued at $460,152. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 22,345 shares of company stock worth $2,344,320. 10.70% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on POST. Barclays upped their target price on Post from $115.00 to $120.00 and gave the stock an “overweight” rating in a research report on Tuesday, May 7th. Evercore ISI upped their target price on Post from $118.00 to $122.00 and gave the stock an “outperform” rating in a research report on Monday, May 6th. Finally, Stifel Nicolaus upped their target price on Post from $115.00 to $120.00 and gave the stock a “buy” rating in a research report on Monday, May 6th. Two analysts have rated the stock with a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat.com, Post presently has a consensus rating of “Moderate Buy” and an average price target of $113.67.

About Post

Post Holdings, Inc operates as a consumer packaged goods holding company in the United States and internationally. It operates through four segments: Post Consumer Brands, Weetabix, Foodservice, and Refrigerated Retail. The Post Consumer Brands segment manufactures, markets, and sells branded and private label ready-to-eat (RTE) cereals under Honey Bunches of Oats, Pebbles, and Malt-O-Meal brand names; hot cereal; peanut butter under the Peter Pan brand; and branded and private label dog and cat food products under Rachael Ray Nutrish, Nature's Recipe, 9Lives, Kibbles 'n Bits and Gravy Train brand names.