New York State Common Retirement Fund Has $2.87 Million Stock Position in Post Holdings, Inc. (NYSE:POST)

New York State Common Retirement Fund trimmed its position in Post Holdings, Inc. (NYSE:POST) by 14.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 32,562 shares of the company’s stock after selling 5,606 shares during the quarter. New York State Common Retirement Fund’s holdings in Post were worth $2,867,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in POST. Robeco Institutional Asset Management B.V. boosted its holdings in shares of Post by 24.0% in the third quarter. Robeco Institutional Asset Management B.V. now owns 22,711 shares of the company’s stock worth $1,947,000 after buying an additional 4,393 shares during the period. Brown Advisory Inc. boosted its holdings in shares of Post by 4.7% during the third quarter. Brown Advisory Inc. now owns 22,755 shares of the company’s stock worth $1,951,000 after purchasing an additional 1,014 shares during the period. Strs Ohio boosted its holdings in shares of Post by 4.7% during the third quarter. Strs Ohio now owns 16,376 shares of the company’s stock worth $1,404,000 after purchasing an additional 734 shares during the period. Park Avenue Securities LLC acquired a new stake in shares of Post during the third quarter worth approximately $484,000. Finally, TD Asset Management Inc boosted its holdings in shares of Post by 6.1% during the third quarter. TD Asset Management Inc now owns 34,160 shares of the company’s stock worth $2,929,000 after purchasing an additional 1,952 shares during the period. 94.85% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several analysts recently commented on POST shares. Barclays raised their price target on shares of Post from $105.00 to $115.00 and gave the stock an “overweight” rating in a report on Tuesday, February 6th. Mizuho raised their price target on shares of Post from $110.00 to $128.00 and gave the stock a “buy” rating in a report on Monday, February 5th. Stifel Nicolaus raised their price target on shares of Post from $115.00 to $120.00 and gave the stock a “buy” rating in a report on Monday. Finally, Evercore ISI lifted their target price on shares of Post from $118.00 to $122.00 and gave the company an “outperform” rating in a research note on Monday. Two research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $112.83.

Insider Activity

In other news, CEO Nicolas Catoggio sold 300 shares of Post stock in a transaction that occurred on Wednesday, March 6th. The shares were sold at an average price of $104.11, for a total value of $31,233.00. Following the transaction, the chief executive officer now owns 74,992 shares of the company’s stock, valued at $7,807,417.12. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. In related news, CEO Nicolas Catoggio sold 300 shares of the business’s stock in a transaction on Wednesday, March 6th. The shares were sold at an average price of $104.11, for a total transaction of $31,233.00. Following the transaction, the chief executive officer now owns 74,992 shares of the company’s stock, valued at $7,807,417.12. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CAO Diedre J. Gray sold 7,297 shares of the business’s stock in a transaction on Monday, February 12th. The stock was sold at an average price of $104.51, for a total transaction of $762,609.47. Following the transaction, the chief accounting officer now directly owns 51,073 shares in the company, valued at approximately $5,337,639.23. The disclosure for this sale can be found here. Insiders own 10.70% of the company’s stock.

Post Price Performance

NYSE POST opened at $105.40 on Tuesday. The company has a quick ratio of 1.20, a current ratio of 2.16 and a debt-to-equity ratio of 1.61. The stock has a market capitalization of $6.40 billion, a PE ratio of 20.19 and a beta of 0.65. The company has a 50 day moving average price of $104.06 and a two-hundred day moving average price of $95.49. Post Holdings, Inc. has a 12-month low of $78.85 and a 12-month high of $108.17.

Post (NYSE:POST) last posted its earnings results on Thursday, May 2nd. The company reported $1.51 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.29 by $0.22. Post had a net margin of 4.38% and a return on equity of 10.93%. The firm had revenue of $2 billion during the quarter, compared to analysts’ expectations of $2.03 billion. During the same period in the previous year, the company earned $1.10 earnings per share. The company’s revenue was up 23.4% compared to the same quarter last year. As a group, equities analysts predict that Post Holdings, Inc. will post 5.52 earnings per share for the current fiscal year.

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.