Clarkston Capital Partners LLC Sells 35,493 Shares of Post Holdings, Inc. $POST

Clarkston Capital Partners LLC cut its holdings in Post Holdings, Inc. (NYSE:POST) by 1.2% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 2,868,367 shares of the company’s stock after selling 35,493 shares during the quarter. Post accounts for 6.6% of Clarkston Capital Partners LLC’s investment portfolio, making the stock its largest holding. Clarkston Capital Partners LLC owned about 0.06% of Post worth $284,112,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Norges Bank acquired a new position in shares of Post during the fourth quarter worth approximately $113,660,000. Duquesne Family Office LLC bought a new stake in Post during the third quarter worth $18,959,000. Orion Porfolio Solutions LLC grew its holdings in Post by 773.1% during the second quarter. Orion Porfolio Solutions LLC now owns 176,386 shares of the company’s stock worth $19,231,000 after buying an additional 156,184 shares in the last quarter. Qube Research & Technologies Ltd grew its holdings in Post by 208.2% during the third quarter. Qube Research & Technologies Ltd now owns 219,673 shares of the company’s stock worth $23,610,000 after buying an additional 148,390 shares in the last quarter. Finally, Dimensional Fund Advisors LP grew its holdings in Post by 5.1% during the fourth quarter. Dimensional Fund Advisors LP now owns 2,957,198 shares of the company’s stock worth $292,912,000 after buying an additional 144,775 shares in the last quarter. 94.85% of the stock is owned by institutional investors and hedge funds.

Post Stock Up 0.2%

Shares of NYSE:POST opened at $93.40 on Friday. The company has a market capitalization of $4.23 billion, a PE ratio of 15.72 and a beta of 0.38. The company has a debt-to-equity ratio of 2.38, a current ratio of 1.85 and a quick ratio of 1.03. The business has a fifty day moving average price of $98.97 and a two-hundred day moving average price of $100.44. Post Holdings, Inc. has a 1 year low of $86.85 and a 1 year high of $117.28.

Post (NYSE:POST) last announced its quarterly earnings data on Thursday, May 7th. The company reported $1.94 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.73 by $0.21. The firm had revenue of $2.04 billion during the quarter, compared to the consensus estimate of $2.08 billion. Post had a return on equity of 13.36% and a net margin of 4.01%.The business’s revenue for the quarter was up 4.7% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.41 EPS. Analysts forecast that Post Holdings, Inc. will post 7.58 earnings per share for the current year.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on POST. Wall Street Zen downgraded Post from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. Wells Fargo & Company decreased their price target on Post from $120.00 to $110.00 and set an “equal weight” rating for the company in a report on Wednesday, April 8th. Weiss Ratings downgraded Post from a “hold (c)” rating to a “hold (c-)” rating in a report on Monday. JPMorgan Chase & Co. decreased their price target on Post from $133.00 to $119.00 and set an “overweight” rating for the company in a report on Monday, April 20th. Finally, Barclays decreased their price target on Post from $127.00 to $119.00 and set an “overweight” rating for the company in a report on Tuesday, April 14th. Four research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Post has an average rating of “Moderate Buy” and an average price target of $119.40.

Insider Transactions at Post

In other Post news, Director Gregory L. Curl sold 6,186 shares of the company’s stock in a transaction on Wednesday, May 13th. The stock was sold at an average price of $105.05, for a total value of $649,839.30. Following the completion of the transaction, the director owned 15,107 shares in the company, valued at $1,586,990.35. This represents a 29.05% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 14.05% of the stock is owned by company insiders.

Post News Roundup

Here are the key news stories impacting Post this week:

• Neutral Sentiment: No fresh company-specific catalyst appeared in the latest headlines, so POST is likely moving on residual reaction to its recent earnings beat and general market sentiment.
• Neutral Sentiment: Post’s prior quarter showed better-than-expected earnings, which may be helping support the stock despite revenue coming in slightly below consensus.
• Neutral Sentiment: With the shares still below key moving averages, investors may be waiting for either stronger guidance or another operational catalyst before re-rating the stock higher.

Post Profile

Post Holdings, Inc is a consumer packaged goods company that operates as a holding company for a diverse portfolio of food and beverage brands. The company’s principal activities include the production, marketing and distribution of ready-to-eat cereal, refrigerated and frozen foods, and nutritional beverages. Through its operating segments—Post Consumer Brands, Foodservice, Refrigerated Side Dishes & Bakery, and Active Nutrition—Post Holdings delivers a broad array of products to retail grocers, convenience stores, foodservice operators and e-commerce channels.

The Post Consumer Brands segment features a variety of hot and cold cereals under names such as Honey Bunches of Oats, Shredded Wheat and Pebbles.