Post Holdings, Inc. (NYSE:POST) Stake Trimmed by Xponance Inc.

Xponance Inc. cut its position in shares of Post Holdings, Inc. (NYSE:POST) by 10.7% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 5,388 shares of the company’s stock after selling 643 shares during the quarter. Xponance Inc.’s holdings in Post were worth $561,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Vanguard Group Inc. raised its holdings in shares of Post by 6.7% during the first quarter. Vanguard Group Inc. now owns 5,288,249 shares of the company’s stock valued at $562,035,000 after acquiring an additional 332,811 shares during the period. Norges Bank acquired a new stake in Post during the 4th quarter valued at $19,598,000. Verition Fund Management LLC raised its stake in Post by 347.8% during the 4th quarter. Verition Fund Management LLC now owns 256,983 shares of the company’s stock valued at $22,630,000 after purchasing an additional 199,592 shares during the period. F M Investments LLC purchased a new stake in shares of Post in the second quarter valued at $8,873,000. Finally, Redwood Investment Management LLC acquired a new stake in shares of Post in the fourth quarter worth $6,047,000. 94.85% of the stock is currently owned by institutional investors and hedge funds.

Post Price Performance

Shares of POST opened at $115.79 on Tuesday. The company has a debt-to-equity ratio of 1.62, a quick ratio of 1.12 and a current ratio of 2.05. The firm has a market cap of $7.01 billion, a PE ratio of 22.18 and a beta of 0.63. The firm’s 50 day moving average price is $113.73 and its 200 day moving average price is $107.83. Post Holdings, Inc. has a twelve month low of $78.85 and a twelve month high of $118.96.

Post (NYSE:POST) last released its quarterly earnings data on Thursday, August 1st. The company reported $1.54 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.21 by $0.33. The business had revenue of $1.95 billion during the quarter, compared to analyst estimates of $2.02 billion. Post had a net margin of 4.46% and a return on equity of 10.91%. Post’s quarterly revenue was up 4.7% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.52 EPS. As a group, research analysts expect that Post Holdings, Inc. will post 5.95 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on POST. JPMorgan Chase & Co. increased their price objective on Post from $118.00 to $125.00 and gave the stock an “overweight” rating in a research note on Tuesday, August 6th. Stifel Nicolaus increased their price target on shares of Post from $120.00 to $130.00 and gave the stock a “buy” rating in a research report on Monday, August 5th. Evercore ISI boosted their price objective on shares of Post from $122.00 to $123.00 and gave the company an “outperform” rating in a research report on Monday, August 5th. Finally, Wells Fargo & Company increased their target price on shares of Post from $108.00 to $120.00 and gave the stock an “equal weight” rating in a research report on Monday, August 5th. Two investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $124.33.

Insider Transactions at Post

In related news, Director Thomas C. Erb acquired 2,000 shares of the business’s stock in a transaction that occurred on Tuesday, August 13th. The shares were acquired at an average cost of $112.94 per share, with a total value of $225,880.00. Following the purchase, the director now owns 35,475 shares of the company’s stock, valued at $4,006,546.50. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 10.70% of the stock is currently owned by corporate insiders.

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.