Teachers Retirement System of The State of Kentucky cut its holdings in shares of Post Holdings, Inc. (NYSE:POST) by 4.4% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 21,869 shares of the company’s stock after selling 1,000 shares during the period. Teachers Retirement System of The State of Kentucky’s holdings in Post Holdings were worth $1,698,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the stock. BlackRock Inc. lifted its holdings in Post Holdings by 13,702.8% in the first quarter. BlackRock Inc. now owns 5,026,019 shares of the company’s stock valued at $439,879,000 after acquiring an additional 4,989,606 shares during the period. FMR LLC lifted its holdings in Post Holdings by 26.5% in the second quarter. FMR LLC now owns 5,067,121 shares of the company’s stock valued at $393,462,000 after acquiring an additional 1,060,344 shares during the period. Victory Capital Management Inc. lifted its holdings in Post Holdings by 79.1% in the second quarter. Victory Capital Management Inc. now owns 1,515,496 shares of the company’s stock valued at $117,678,000 after acquiring an additional 669,396 shares during the period. TIAA CREF Investment Management LLC lifted its holdings in Post Holdings by 70.1% in the second quarter. TIAA CREF Investment Management LLC now owns 986,881 shares of the company’s stock valued at $76,631,000 after acquiring an additional 406,791 shares during the period. Finally, Renaissance Technologies LLC lifted its holdings in Post Holdings by 17.1% in the first quarter. Renaissance Technologies LLC now owns 1,235,700 shares of the company’s stock valued at $108,148,000 after acquiring an additional 180,800 shares during the period.

A number of research analysts have weighed in on POST shares. BidaskClub downgraded Post Holdings from a “hold” rating to a “sell” rating in a report on Wednesday, June 21st. Barclays PLC reissued a “buy” rating on shares of Post Holdings in a report on Friday, July 7th. Zacks Investment Research raised Post Holdings from a “strong sell” rating to a “strong-buy” rating and set a $88.00 target price on the stock in a report on Wednesday, July 12th. Goldman Sachs Group, Inc. (The) started coverage on Post Holdings in a report on Monday, July 17th. They issued a “buy” rating and a $105.00 target price on the stock. Finally, BMO Capital Markets raised Post Holdings from a “market perform” rating to an “outperform” rating and set a $106.00 target price on the stock in a report on Wednesday, September 20th. Three equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The stock has an average rating of “Buy” and a consensus target price of $101.17.

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Post Holdings, Inc. (NYSE POST) opened at 87.18 on Thursday. Post Holdings, Inc. has a 1-year low of $68.76 and a 1-year high of $89.04. The company’s market cap is $5.77 billion. The stock has a 50 day moving average price of $85.43 and a 200 day moving average price of $83.33.

Post Holdings (NYSE:POST) last issued its earnings results on Thursday, August 3rd. The company reported $0.63 EPS for the quarter, topping analysts’ consensus estimates of $0.61 by $0.02. Post Holdings had a positive return on equity of 6.53% and a negative net margin of 0.06%. The firm had revenue of $1.27 billion for the quarter, compared to the consensus estimate of $1.25 billion. During the same quarter in the prior year, the business earned $0.62 earnings per share. The company’s revenue was up 2.1% compared to the same quarter last year. On average, equities research analysts anticipate that Post Holdings, Inc. will post $2.69 EPS for the current fiscal year.

Post Holdings announced that its Board of Directors has approved a share repurchase program on Wednesday, June 7th that authorizes the company to repurchase $250.00 million in outstanding shares. This repurchase authorization authorizes the company to buy up to 4.6% of its stock through open market purchases. Stock repurchase programs are typically a sign that the company’s leadership believes its shares are undervalued.

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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Institutional Ownership by Quarter for Post Holdings (NYSE:POST)

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