Post Holdings, Inc. $POST Stock Position Raised by Strs Ohio

Strs Ohio lifted its holdings in shares of Post Holdings, Inc. (NYSE:POST) by 9.9% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 22,190 shares of the company’s stock after buying an additional 2,008 shares during the period. Strs Ohio’s holdings in Post were worth $2,419,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of POST. OneDigital Investment Advisors LLC grew its position in shares of Post by 5.7% during the 1st quarter. OneDigital Investment Advisors LLC now owns 14,611 shares of the company’s stock valued at $1,700,000 after buying an additional 790 shares during the last quarter. Concurrent Investment Advisors LLC grew its position in shares of Post by 24.1% during the 1st quarter. Concurrent Investment Advisors LLC now owns 2,401 shares of the company’s stock valued at $279,000 after buying an additional 466 shares during the last quarter. Envestnet Asset Management Inc. grew its position in shares of Post by 12.3% during the 1st quarter. Envestnet Asset Management Inc. now owns 302,241 shares of the company’s stock valued at $35,169,000 after buying an additional 32,995 shares during the last quarter. TD Private Client Wealth LLC grew its position in shares of Post by 38.7% during the 1st quarter. TD Private Client Wealth LLC now owns 13,285 shares of the company’s stock valued at $1,546,000 after buying an additional 3,707 shares during the last quarter. Finally, Brown Advisory Inc. grew its position in shares of Post by 14.2% during the 1st quarter. Brown Advisory Inc. now owns 16,621 shares of the company’s stock valued at $1,934,000 after buying an additional 2,069 shares during the last quarter. Institutional investors own 94.85% of the company’s stock.

Wall Street Analysts Forecast Growth

POST has been the subject of a number of recent research reports. JPMorgan Chase & Co. boosted their price objective on shares of Post from $131.00 to $132.00 and gave the company an “overweight” rating in a research report on Monday, October 27th. Weiss Ratings reissued a “hold (c)” rating on shares of Post in a research note on Wednesday, October 8th. Wells Fargo & Company reduced their target price on shares of Post from $117.00 to $115.00 and set an “equal weight” rating for the company in a research note on Thursday, September 25th. Wall Street Zen lowered shares of Post from a “buy” rating to a “hold” rating in a research note on Saturday, October 11th. Finally, Zacks Research lowered shares of Post from a “strong-buy” rating to a “hold” rating in a research note on Monday, September 15th. Four equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Post currently has an average rating of “Moderate Buy” and an average target price of $131.00.

Insider Buying and Selling at Post

In related news, Director William P. Stiritz purchased 36,000 shares of Post stock in a transaction dated Tuesday, August 19th. The stock was bought at an average cost of $109.53 per share, with a total value of $3,943,080.00. Following the purchase, the director owned 4,334,667 shares in the company, valued at approximately $474,776,076.51. The trade was a 0.84% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 11.40% of the company’s stock.

Post Trading Up 1.8%

Shares of NYSE:POST opened at $105.84 on Tuesday. The company has a 50 day moving average of $106.85 and a 200-day moving average of $108.59. The firm has a market cap of $5.75 billion, a P/E ratio of 18.00 and a beta of 0.49. Post Holdings, Inc. has a twelve month low of $100.44 and a twelve month high of $125.84. The company has a current ratio of 2.60, a quick ratio of 1.84 and a debt-to-equity ratio of 1.83.

Post (NYSE:POST) last issued its quarterly earnings results on Thursday, August 7th. The company reported $2.03 earnings per share for the quarter, topping analysts’ consensus estimates of $1.67 by $0.36. The company had revenue of $1.98 billion during the quarter, compared to analyst estimates of $1.95 billion. Post had a net margin of 4.62% and a return on equity of 10.80%. The business’s revenue for the quarter was up 1.9% compared to the same quarter last year. During the same period in the prior year, the business posted $1.54 EPS. As a group, analysts anticipate that Post Holdings, Inc. will post 6.41 earnings per share for the current fiscal year.

Post announced that its Board of Directors has authorized a share repurchase program on Friday, August 29th that authorizes the company to repurchase $0.00 in shares. This repurchase authorization authorizes the company to repurchase shares of its stock through open market purchases. Shares repurchase programs are generally an indication that the company’s management believes its stock is undervalued.

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.