Louisiana State Employees Retirement System Buys Shares of 12,200 Post Holdings, Inc. $POST

Louisiana State Employees Retirement System bought a new stake in Post Holdings, Inc. (NYSE:POST) during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 12,200 shares of the company’s stock, valued at approximately $1,206,000.

A number of other institutional investors have also recently made changes to their positions in POST. Norges Bank purchased a new stake in shares of Post during the fourth quarter worth approximately $113,660,000. Arrowstreet Capital Limited Partnership lifted its holdings in Post by 104.5% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 415,493 shares of the company’s stock valued at $41,155,000 after purchasing an additional 212,325 shares in the last quarter. H Squared Management LP acquired a new stake in Post during the 4th quarter worth $19,115,000. Duquesne Family Office LLC acquired a new stake in Post during the 3rd quarter worth $18,959,000. Finally, Orion Porfolio Solutions LLC grew its holdings in shares of 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. 94.85% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Post

In related news, Director Gregory L. Curl sold 6,186 shares of the stock in a transaction that occurred on Wednesday, May 13th. The shares were sold at an average price of $105.05, for a total transaction of $649,839.30. Following the completion of the transaction, the director owned 15,107 shares of the company’s stock, valued at approximately $1,586,990.35. This trade represents a 29.05% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 14.05% of the company’s stock.

More Post News

Here are the key news stories impacting Post this week:

• Positive Sentiment: Post Holdings beat analyst EPS estimates in its latest quarter, reporting $1.94 per share versus $1.73 expected, and revenue rose 4.7% year over year, showing continued underlying growth.
• Neutral Sentiment: The company’s revenue of $2.04 billion missed Wall Street’s $2.08 billion estimate, which may be offsetting the earnings beat in investor sentiment.
• Neutral Sentiment: Analysts currently expect Post Holdings to earn 7.57 EPS for the full fiscal year, suggesting the market is still focused on execution against full-year guidance rather than a new near-term headline.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on POST shares. Barclays lowered their price target on shares of Post from $127.00 to $119.00 and set an “overweight” rating on the stock in a research report on Tuesday, April 14th. BTIG Research initiated coverage on shares of Post in a report on Monday, April 13th. They issued a “neutral” rating for the company. JPMorgan Chase & Co. lowered their target price on Post from $133.00 to $119.00 and set an “overweight” rating on the stock in a report on Monday, April 20th. Weiss Ratings lowered Post from a “hold (c)” rating to a “hold (c-)” rating in a research report on Monday, June 8th. Finally, Wells Fargo & Company cut 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. Four analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $119.40.

Post Trading Down 0.1%

NYSE POST opened at $92.66 on Friday. The firm’s 50-day moving average is $95.51 and its two-hundred day moving average is $99.48. Post Holdings, Inc. has a 12 month low of $86.37 and a 12 month high of $117.28. 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 stock has a market capitalization of $4.20 billion, a P/E ratio of 15.60 and a beta of 0.39.

Post (NYSE:POST) last announced its quarterly earnings results on Thursday, May 7th. The company reported $1.94 earnings per share for the quarter, beating analysts’ consensus estimates of $1.73 by $0.21. The business had revenue of $2.04 billion during the quarter, compared to analysts’ expectations of $2.08 billion. Post had a net margin of 4.01% and a return on equity of 13.36%. The business’s revenue for the quarter was up 4.7% on a year-over-year basis. During the same period last year, the business earned $1.41 earnings per share. On average, sell-side analysts anticipate that Post Holdings, Inc. will post 7.57 earnings per share for the current year.

About Post

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.