Commonwealth of Pennsylvania Public School Empls Retrmt SYS cut its stake in Post Holdings, Inc. (NYSE:POST) by 2.2% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 9,390 shares of the company’s stock after selling 215 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Post Holdings were worth $822,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Private Trust Co. NA increased its position in Post Holdings by 2.6% in the first quarter. Private Trust Co. NA now owns 2,858 shares of the company’s stock valued at $250,000 after buying an additional 72 shares in the last quarter. Russell Investments Group Ltd. bought a new position in Post Holdings during the fourth quarter valued at approximately $3,173,000. Raymond James Trust N.A. increased its position in Post Holdings by 5.6% in the first quarter. Raymond James Trust N.A. now owns 3,267 shares of the company’s stock worth $286,000 after buying an additional 174 shares during the period. Comerica Bank increased its position in Post Holdings by 6.7% in the fourth quarter. Comerica Bank now owns 48,072 shares of the company’s stock worth $4,025,000 after buying an additional 3,006 shares during the period. Finally, Renaissance Technologies LLC increased its position in Post Holdings by 15.9% in the fourth quarter. Renaissance Technologies LLC now owns 1,054,900 shares of the company’s stock worth $84,803,000 after buying an additional 144,700 shares during the period.
Post Holdings, Inc. (POST) opened at 79.21 on Friday. The stock has a market capitalization of $5.25 billion, a price-to-earnings ratio of 117.87 and a beta of 0.08. The stock’s 50 day moving average is $81.87 and its 200 day moving average is $82.87. Post Holdings, Inc. has a 12-month low of $68.76 and a 12-month high of $89.04.
Post Holdings (NYSE:POST) last announced its quarterly earnings results on Monday, May 8th. The company reported $0.55 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.60 by $0.05. Post Holdings had a return on equity of 6.40% and a net margin of 1.20%. The business had revenue of $1.26 billion for the quarter, compared to analyst estimates of $1.26 billion. During the same quarter last year, the firm posted $0.87 EPS. The company’s revenue was down 1.2% compared to the same quarter last year. Equities research analysts forecast that Post Holdings, Inc. will post $2.49 EPS for the current fiscal year.
A number of research analysts have commented on POST shares. Vertical Group downgraded shares of Post Holdings from a “buy” rating to a “hold” rating in a research report on Wednesday, April 19th. Vertical Research cut shares of Post Holdings from a “buy” rating to a “hold” rating in a report on Tuesday, April 18th. Pivotal Research restated a “buy” rating and issued a $105.00 price target (up from $95.00) on shares of Post Holdings in a report on Tuesday, April 18th. Zacks Investment Research cut shares of Post Holdings from a “buy” rating to a “hold” rating in a research note on Saturday, April 22nd. Finally, Stifel Nicolaus reiterated a “buy” rating and issued a $97.00 target price on shares of Post Holdings in a research note on Wednesday, May 10th. One analyst has rated the stock with a sell rating, three have issued a hold rating and six have issued a buy rating to the stock. The company currently has an average rating of “Buy” and an average price target of $93.33.
About Post Holdings
Post Holdings, Inc is a consumer packaged goods holding company. The Company operates through four segments, namely, Post Consumer Brands, Michael Foods Group, Active Nutrition and Private Brands. The Company’s Post Consumer Brands segment includes the Post Foods branded ready-to-eat cereal operations and the business of MOM Brands.
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