Retirement Systems of Alabama Buys 194 Shares of Post Holdings, Inc. (NYSE:POST)

Retirement Systems of Alabama lifted its stake in shares of Post Holdings, Inc. (NYSE:POST) by 0.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 99,139 shares of the company’s stock after purchasing an additional 194 shares during the quarter. Retirement Systems of Alabama’s holdings in Post were worth $8,730,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Nordea Investment Management AB acquired a new stake in shares of Post in the 4th quarter worth about $4,698,000. Mackenzie Financial Corp acquired a new stake in shares of Post in the 4th quarter worth about $1,022,000. Duality Advisers LP acquired a new stake in shares of Post in the 3rd quarter worth about $416,000. Anderson Hoagland & Co. raised its holdings in shares of Post by 15.6% in 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. Finally, Cerity Partners LLC raised its holdings in shares of Post by 114.1% in the 4th quarter. Cerity Partners LLC now owns 15,791 shares of the company’s stock worth $1,391,000 after acquiring an additional 8,417 shares during the last quarter. Institutional investors own 94.85% of the company’s stock.

Insider Activity at Post

In other news, Director Thomas C. Erb bought 1,000 shares of the firm’s stock in a transaction on Wednesday, February 7th. The stock was acquired at an average cost of $104.24 per share, with a total value of $104,240.00. Following the completion of the transaction, the director now directly owns 33,475 shares of the company’s stock, valued at approximately $3,489,434. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. In other Post news, Director Thomas C. Erb bought 1,000 shares of the business’s stock in a transaction on Wednesday, February 7th. The stock was purchased at an average price of $104.24 per share, for a total transaction of $104,240.00. Following the completion of the transaction, 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. Also, CEO Nicolas Catoggio sold 300 shares of Post stock in a transaction dated Wednesday, March 6th. The stock was sold at an average price of $104.11, for a total transaction of $31,233.00. Following the completion of the transaction, the chief executive officer now owns 74,992 shares of the company’s stock, valued at approximately $7,807,417.12. The disclosure for this sale can be found here. 10.70% of the stock is owned by company insiders.

Post Trading Down 2.1 %

NYSE POST opened at $102.65 on Friday. The stock has a market capitalization of $6.23 billion, a price-to-earnings ratio of 19.66 and a beta of 0.65. The business’s fifty day moving average is $104.04 and its 200-day moving average is $95.15. The company has a debt-to-equity ratio of 1.60, a current ratio of 1.99 and a quick ratio of 1.00. Post Holdings, Inc. has a one year low of $78.85 and a one year high of $108.17.

Post (NYSE:POST) last announced its quarterly earnings data on Thursday, May 2nd. The company reported $1.51 EPS for the quarter, topping the consensus estimate of $1.29 by $0.22. Post had a net margin of 4.38% and a return on equity of 10.98%. The business had revenue of $2 billion for the quarter, compared to analyst estimates of $2.03 billion. During the same quarter in the previous year, the firm posted $1.10 earnings per share. The company’s revenue for the quarter was up 23.4% on a year-over-year basis. Equities research analysts predict that Post Holdings, Inc. will post 5.52 EPS for the current year.

Analyst Ratings Changes

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

Post Company 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.