Post Holdings, Inc. (NYSE:POST) Shares Bought by State of Michigan Retirement System

State of Michigan Retirement System raised its holdings in Post Holdings, Inc. (NYSE:POST) by 1.6% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 12,347 shares of the company’s stock after acquiring an additional 200 shares during the quarter. State of Michigan Retirement System’s holdings in Post were worth $1,312,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently bought and sold shares of POST. GAMMA Investing LLC purchased a new stake in Post during the fourth quarter valued at about $25,000. TFO Wealth Partners LLC lifted its stake in Post by 9,966.7% during the fourth quarter. TFO Wealth Partners LLC now owns 302 shares of the company’s stock valued at $264,000 after buying an additional 299 shares in the last quarter. Parallel Advisors LLC lifted its stake in Post by 487.0% during the fourth quarter. Parallel Advisors LLC now owns 317 shares of the company’s stock valued at $28,000 after buying an additional 263 shares in the last quarter. Fifth Third Bancorp lifted its stake in Post by 45.9% during the fourth quarter. Fifth Third Bancorp now owns 610 shares of the company’s stock valued at $54,000 after buying an additional 192 shares in the last quarter. Finally, Principal Securities Inc. purchased a new stake in Post during the fourth quarter valued at about $93,000. 94.85% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

POST has been the subject of a number of analyst reports. Evercore ISI upped their price objective on shares of Post from $118.00 to $122.00 and gave the company an “outperform” rating in a research note on Monday, May 6th. Stifel Nicolaus upped their price objective on shares of Post from $115.00 to $120.00 and gave the company a “buy” rating in a research note on Monday, May 6th. Finally, Barclays upped their target price on Post from $115.00 to $120.00 and gave the company an “overweight” rating in a report on Tuesday, May 7th. Two equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to MarketBeat.com, Post has a consensus rating of “Moderate Buy” and a consensus target price of $113.67.

Post Price Performance

Shares of POST opened at $104.76 on Friday. The company has a market capitalization of $6.35 billion, a price-to-earnings ratio of 20.07 and a beta of 0.64. Post Holdings, Inc. has a fifty-two week low of $78.85 and a fifty-two week high of $108.17. The company has a debt-to-equity ratio of 1.61, a current ratio of 2.16 and a quick ratio of 1.20. The business’s 50-day moving average is $104.51 and its 200-day moving average is $101.31.

Post (NYSE:POST) last released its quarterly earnings data on Thursday, May 2nd. The company reported $1.51 EPS for the quarter, topping analysts’ consensus estimates of $1.29 by $0.22. Post had a return on equity of 10.93% and a net margin of 4.38%. The firm had revenue of $2 billion for the quarter, compared to the consensus estimate of $2.03 billion. During the same quarter in the prior year, the company posted $1.10 earnings per share. The firm’s revenue was up 23.4% on a year-over-year basis. Equities research analysts expect that Post Holdings, Inc. will post 5.61 EPS for the current fiscal year.

Insider Buying and Selling

In related news, Director Gregory L. Curl sold 4,000 shares of the stock in a transaction that occurred 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 transaction, the director now owns 21,181 shares in the company, valued at $2,246,456.86. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. In other Post news, CEO Nicolas Catoggio sold 1,500 shares of the company’s stock in a transaction that occurred on Tuesday, May 7th. The stock was sold at an average price of $105.62, for a total transaction of $158,430.00. Following the completion of the sale, the chief executive officer now owns 73,492 shares of the company’s stock, valued at $7,762,225.04. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Gregory L. Curl sold 4,000 shares of the company’s stock in a transaction that occurred 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 sale, the director now directly owns 21,181 shares of the company’s stock, valued at approximately $2,246,456.86. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 22,345 shares of company stock worth $2,344,320. Insiders own 10.70% of the company’s stock.

Post Profile

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.