Public Employees Retirement System of Ohio Cuts Stock Holdings in Post Holdings, Inc. $POST

Public Employees Retirement System of Ohio lowered its position in shares of Post Holdings, Inc. (NYSE:POST) by 74.2% in the first quarter, Holdings Channel.com reports. The fund owned 13,410 shares of the company’s stock after selling 38,621 shares during the quarter. Public Employees Retirement System of Ohio’s holdings in Post were worth $1,326,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Larson Financial Group LLC boosted its stake in shares of Post by 62.8% in the fourth quarter. Larson Financial Group LLC now owns 267 shares of the company’s stock worth $26,000 after acquiring an additional 103 shares during the last quarter. Caitong International Asset Management Co. Ltd purchased a new stake in shares of Post during the third quarter worth approximately $26,000. Northwestern Mutual Wealth Management Co. raised its stake in Post by 119.5% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 248 shares of the company’s stock valued at $27,000 after purchasing an additional 135 shares during the last quarter. Summit Securities Group LLC acquired a new position in Post in the 1st quarter valued at $28,000. Finally, Highlander Partners L.P. purchased a new position in Post in the 4th quarter valued at $33,000. Hedge funds and other institutional investors own 94.85% of the company’s stock.

Insider Activity at Post

In related news, Director Gregory L. Curl sold 6,186 shares of the company’s stock in a transaction that occurred 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 transaction, the director directly owned 15,107 shares in the company, valued at approximately $1,586,990.35. This represents a 29.05% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 14.05% of the company’s stock.

Post Price Performance

Shares of POST stock opened at $91.55 on Monday. 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 firm’s 50-day moving average is $90.43 and its two-hundred day moving average is $97.99. Post Holdings, Inc. has a 12 month low of $83.89 and a 12 month high of $117.28. The company has a market capitalization of $4.15 billion, a PE ratio of 15.41 and a beta of 0.40.

Post (NYSE:POST) last posted its earnings results on Thursday, May 7th. The company reported $1.94 earnings per share for the quarter, beating the consensus estimate of $1.73 by $0.21. Post had a net margin of 4.01% and a return on equity of 13.36%. The company had revenue of $2.04 billion for the quarter, compared to analyst estimates of $2.08 billion. During the same period in the previous year, the business posted $1.41 EPS. Post’s revenue was up 4.7% on a year-over-year basis. Analysts predict that Post Holdings, Inc. will post 7.57 earnings per share for the current year.

Analyst Ratings Changes

Several equities research analysts have issued reports on POST shares. Wall Street Zen cut shares of Post from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. Jefferies Financial Group set a $117.00 target price on shares of Post in a research report on Monday, July 27th. Weiss Ratings downgraded shares of Post from a “hold (c)” rating to a “hold (c-)” rating in a research note on Monday, June 8th. Barclays lowered their price target on shares of Post from $119.00 to $106.00 and set an “overweight” rating on the stock in a research report on Tuesday, July 21st. Finally, JPMorgan Chase & Co. dropped their price objective on shares of Post from $119.00 to $116.00 and set an “overweight” rating for the company in a research note on Monday, July 20th. Four research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $114.17.

More Post News

Here are the key news stories impacting Post this week:

• Neutral Sentiment: The most recent reported quarter remains a constructive backdrop: Post exceeded earnings expectations with EPS of $1.94 versus the $1.73 consensus, while revenue increased 4.7% year over year to $2.04 billion. However, revenue was below analyst estimates, which may limit investor enthusiasm.
• Neutral Sentiment: Trading near its 50-day moving average but below its 200-day moving average suggests the shares remain in a technically cautious range. With no fresh announcement to change the outlook, market movement appears driven more by positioning and broader sentiment than by new company developments.

Post Company 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.