Post Holdings, Inc. $POST Shares Sold by Fisher Asset Management LLC

Fisher Asset Management LLC lessened its stake in Post Holdings, Inc. (NYSE:POST) by 9.4% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 131,269 shares of the company’s stock after selling 13,646 shares during the quarter. Fisher Asset Management LLC owned 0.24% of Post worth $14,312,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently added to or reduced their stakes in POST. Aviso Financial Inc. grew its holdings in Post by 1.0% during the 1st quarter. Aviso Financial Inc. now owns 10,270 shares of the company’s stock worth $1,195,000 after acquiring an additional 100 shares in the last quarter. Sequoia Financial Advisors LLC increased its holdings in Post by 2.3% in the second quarter. Sequoia Financial Advisors LLC now owns 5,075 shares of the company’s stock valued at $553,000 after buying an additional 115 shares during the last quarter. Parallel Advisors LLC raised its stake in Post by 17.7% in the second quarter. Parallel Advisors LLC now owns 844 shares of the company’s stock valued at $92,000 after buying an additional 127 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in Post by 119.5% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 248 shares of the company’s stock worth $27,000 after buying an additional 135 shares during the last quarter. Finally, Nomura Asset Management Co. Ltd. boosted its position in shares of Post by 39.0% during the 2nd quarter. Nomura Asset Management Co. Ltd. now owns 570 shares of the company’s stock worth $62,000 after acquiring an additional 160 shares in the last quarter. Institutional investors and hedge funds own 94.85% of the company’s stock.

Insider Buying and Selling at Post

In related news, Director David W. Kemper bought 1,800 shares of the company’s stock in a transaction dated Monday, November 24th. The shares were acquired at an average price of $97.93 per share, with a total value of $176,274.00. Following the completion of the acquisition, the director owned 31,522 shares in the company, valued at approximately $3,086,949.46. This trade represents a 6.06% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 11.40% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on the company. Zacks Research cut Post from a “hold” rating to a “strong sell” rating in a research note on Friday, November 28th. Wall Street Zen downgraded shares of Post from a “buy” rating to a “hold” rating in a research report on Sunday, November 23rd. Evercore ISI dropped their target price on shares of Post from $131.00 to $129.00 and set an “outperform” rating on the stock in a research report on Monday, November 24th. Barclays reduced their price target on shares of Post from $125.00 to $113.00 and set an “overweight” rating for the company in a research report on Tuesday, November 25th. Finally, JPMorgan Chase & Co. raised their price objective on Post from $131.00 to $132.00 and gave the stock an “overweight” rating in a report on Monday, October 27th. Five investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $125.33.

Post Trading Up 1.1%

NYSE POST opened at $99.67 on Thursday. The firm’s fifty day moving average is $105.38 and its two-hundred day moving average is $107.34. Post Holdings, Inc. has a one year low of $96.34 and a one year high of $125.84. The company has a debt-to-equity ratio of 1.97, a quick ratio of 0.95 and a current ratio of 1.67. The firm has a market cap of $5.20 billion, a PE ratio of 18.19 and a beta of 0.46.

Post (NYSE:POST) last released its quarterly earnings results on Thursday, November 20th. The company reported $2.09 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.89 by $0.20. The firm had revenue of $2.25 billion for the quarter, compared to analyst estimates of $2.25 billion. Post had a return on equity of 11.72% and a net margin of 4.11%.The business’s revenue was up 11.8% on a year-over-year basis. During the same quarter last year, the company posted $1.53 earnings per share. Analysts expect that Post Holdings, Inc. will post 6.41 earnings per share for the current year.

Post declared that its Board of Directors has approved a share buyback program on Friday, August 29th that permits the company to buyback $0.00 in shares. This buyback authorization permits the company to buy shares of its stock through open market purchases. Stock buyback programs are generally an indication that the company’s board believes its shares are 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.