Arizona State Retirement System Buys 100 Shares of Post Holdings Inc. (POST)
Arizona State Retirement System increased its stake in Post Holdings Inc. (NYSE:POST) by 0.3% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 28,725 shares of the company’s stock after buying an additional 100 shares during the period. Arizona State Retirement System’s holdings in Post Holdings were worth $2,217,000 as of its most recent filing with the SEC.
Several other hedge funds also recently made changes to their positions in the company. New York State Teachers Retirement System boosted its stake in Post Holdings by 11.7% in the second quarter. New York State Teachers Retirement System now owns 91,835 shares of the company’s stock valued at $7,594,000 after buying an additional 9,600 shares in the last quarter. YHB Investment Advisors Inc. acquired a new stake in Post Holdings during the second quarter valued at approximately $351,000. LS Investment Advisors LLC boosted its stake in Post Holdings by 73.0% in the second quarter. LS Investment Advisors LLC now owns 3,897 shares of the company’s stock valued at $322,000 after buying an additional 1,644 shares in the last quarter. Clarkston Capital Partners LLC boosted its stake in Post Holdings by 7.7% in the second quarter. Clarkston Capital Partners LLC now owns 398,980 shares of the company’s stock valued at $32,992,000 after buying an additional 28,550 shares in the last quarter. Finally, IBM Retirement Fund acquired a new stake in Post Holdings during the second quarter valued at approximately $536,000.
Shares of Post Holdings Inc. (NYSE:POST) traded up 1.60% during trading on Monday, hitting $76.78. The company had a trading volume of 1,563,694 shares. Post Holdings Inc. has a 12-month low of $50.93 and a 12-month high of $89.00. The stock’s market cap is $4.98 billion. The firm has a 50 day moving average of $76.30 and a 200 day moving average of $79.83.
Post Holdings (NYSE:POST) last announced its earnings results on Thursday, November 17th. The company reported $0.61 EPS for the quarter, topping the consensus estimate of $0.44 by $0.17. The business had revenue of $1.26 billion for the quarter. Post Holdings had a positive return on equity of 6.92% and a negative net margin of 0.07%. The firm’s revenue was down 3.7% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.06 earnings per share. On average, analysts forecast that Post Holdings Inc. will post $2.63 earnings per share for the current fiscal year.
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Several equities analysts have recently issued reports on the company. BMO Capital Markets cut Post Holdings from an “outperform” rating to a “market perform” rating and lowered their price target for the company from $90.00 to $83.00 in a research report on Wednesday, September 21st. They noted that the move was a valuation call. Zacks Investment Research cut Post Holdings from a “buy” rating to a “hold” rating in a research report on Wednesday, August 17th. TheStreet cut Post Holdings from a “buy” rating to a “hold” rating in a research report on Thursday, November 17th. Finally, Stifel Nicolaus lowered their price target on Post Holdings from $95.00 to $85.00 and set a “buy” rating on the stock in a research report on Monday, November 21st. Three research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus target price of $87.50.
In other Post Holdings news, Director William P. Stiritz bought 120,000 shares of Post Holdings stock in a transaction dated Monday, November 21st. The shares were acquired at an average cost of $75.48 per share, with a total value of $9,057,600.00. Following the acquisition, the director now directly owns 1,381,996 shares of the company’s stock, valued at $104,313,058.08. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 1.10% of the stock is owned by insiders.
About Post Holdings
Post Holdings, Inc is a consumer packaged goods holding company. The Company operates through four segments, namely, Post Consumer Brands, Michael Foods Group, Active Nutrition and Private Brands. The Company’s Post Consumer Brands segment includes the Post Foods branded ready-to-eat cereal operations and the business of MOM Brands.
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