Strs Ohio Buys 1,948 Shares of Post Holdings, Inc. (NYSE:POST)

Strs Ohio raised its stake in shares of Post Holdings, Inc. (NYSE:POST) by 11.9% in the fourth quarter, Holdings Channel reports. The fund owned 18,324 shares of the company’s stock after acquiring an additional 1,948 shares during the period. Strs Ohio’s holdings in Post were worth $1,613,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in POST. Nordea Investment Management AB bought a new position in Post in the 4th quarter valued at $4,698,000. Duality Advisers LP acquired a new position in Post during the 3rd quarter worth about $416,000. Anderson Hoagland & Co. grew its holdings in Post by 15.6% during the 4th quarter. Anderson Hoagland & Co. now owns 38,794 shares of the company’s stock worth $3,605,000 after acquiring an additional 5,241 shares during the last quarter. Panagora Asset Management Inc. increased its position in Post by 39.6% in the 3rd quarter. Panagora Asset Management Inc. now owns 5,786 shares of the company’s stock valued at $496,000 after acquiring an additional 1,640 shares in the last quarter. Finally, Carolina Wealth Advisors LLC raised its stake in shares of Post by 7.1% in the third quarter. Carolina Wealth Advisors LLC now owns 6,524 shares of the company’s stock worth $559,000 after acquiring an additional 431 shares during the last quarter. Institutional investors and hedge funds own 94.85% of the company’s stock.

Insider Transactions at Post

In other Post news, Director Thomas C. Erb purchased 1,000 shares of the firm’s stock in a transaction dated Wednesday, February 7th. The stock was bought at an average cost of $104.24 per share, with a total value of $104,240.00. Following the purchase, the director now directly owns 33,475 shares of the company’s stock, valued at $3,489,434. The acquisition was disclosed in a filing with the SEC, which is accessible through this link. In related news, CAO Diedre J. Gray sold 7,297 shares of the company’s stock in a transaction dated Monday, February 12th. The stock was sold at an average price of $104.51, for a total transaction of $762,609.47. Following the sale, the chief accounting officer now owns 51,073 shares in the company, valued at $5,337,639.23. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Thomas C. Erb purchased 1,000 shares of the firm’s stock in a transaction on Wednesday, February 7th. The stock was bought at an average price of $104.24 per share, with a total value of $104,240.00. Following the completion of the purchase, the director now owns 33,475 shares of the company’s stock, valued at $3,489,434. The disclosure for this purchase can be found here. Insiders own 10.70% of the company’s stock.

Post Trading Up 1.0 %

NYSE POST opened at $104.00 on Monday. The company has a current ratio of 1.99, a quick ratio of 1.00 and a debt-to-equity ratio of 1.60. Post Holdings, Inc. has a 12 month low of $78.85 and a 12 month high of $107.67. The company has a market capitalization of $6.31 billion, a PE ratio of 22.32 and a beta of 0.66. The stock has a 50-day simple moving average of $104.01 and a 200 day simple moving average of $93.72.

Post (NYSE:POST) last announced its quarterly earnings results on Thursday, February 1st. The company reported $1.69 earnings per share for the quarter, beating analysts’ consensus estimates of $1.07 by $0.62. The business had revenue of $1.97 billion for the quarter, compared to the consensus estimate of $1.92 billion. Post had a net margin of 4.03% and a return on equity of 10.51%. Research analysts forecast that Post Holdings, Inc. will post 5.52 EPS for the current year.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on POST shares. Mizuho lifted their target price on Post from $110.00 to $128.00 and gave the company a “buy” rating in a research note on Monday, February 5th. Barclays lifted their price objective on Post from $105.00 to $115.00 and gave the stock an “overweight” rating in a research report on Tuesday, February 6th. Finally, Stifel Nicolaus upped their target price on shares of Post from $98.00 to $115.00 and gave the company a “buy” rating in a research report on Monday, February 5th. Two investment analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $109.67.

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.