Teacher Retirement System of Texas Boosts Holdings in Post Holdings, Inc. (NYSE:POST)

Teacher Retirement System of Texas raised its holdings in shares of Post Holdings, Inc. (NYSE:POST) by 52.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 29,961 shares of the company’s stock after buying an additional 10,297 shares during the period. Teacher Retirement System of Texas owned about 0.05% of Post worth $3,429,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Retirement Systems of Alabama increased its stake in shares of Post by 4.7% in the 3rd quarter. Retirement Systems of Alabama now owns 102,173 shares of the company’s stock worth $11,827,000 after purchasing an additional 4,606 shares in the last quarter. Cerity Partners LLC grew its holdings in Post by 46.6% during the third quarter. Cerity Partners LLC now owns 30,562 shares of the company’s stock valued at $3,538,000 after purchasing an additional 9,711 shares during the period. Miracle Mile Advisors LLC purchased a new stake in Post in the fourth quarter worth about $946,000. Truist Financial Corp raised its stake in shares of Post by 4.2% in the fourth quarter. Truist Financial Corp now owns 2,781 shares of the company’s stock worth $318,000 after buying an additional 113 shares during the period. Finally, Tidal Investments LLC purchased a new position in shares of Post during the 3rd quarter valued at about $733,000. 94.85% of the stock is currently owned by institutional investors.

Insider Activity at Post

In other news, CAO Diedre J. Gray sold 15,157 shares of the business’s stock in a transaction that occurred on Friday, February 21st. The stock was sold at an average price of $115.80, for a total transaction of $1,755,180.60. Following the transaction, the chief accounting officer now owns 19,325 shares of the company’s stock, valued at approximately $2,237,835. The trade was a 43.96 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Nicolas Catoggio sold 5,000 shares of Post stock in a transaction on Tuesday, February 25th. The stock was sold at an average price of $116.50, for a total transaction of $582,500.00. Following the transaction, the chief executive officer now directly owns 55,501 shares of the company’s stock, valued at $6,465,866.50. The trade was a 8.26 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 36,096 shares of company stock valued at $4,129,355. 11.40% of the stock is owned by corporate insiders.

Post Stock Performance

Shares of NYSE POST opened at $111.52 on Tuesday. The company has a market cap of $6.30 billion, a P/E ratio of 18.37 and a beta of 0.65. Post Holdings, Inc. has a 52-week low of $99.62 and a 52-week high of $125.84. The company has a debt-to-equity ratio of 1.78, a quick ratio of 1.64 and a current ratio of 2.39. The firm’s fifty day moving average is $110.80 and its two-hundred day moving average is $112.75.

Post (NYSE:POST) last posted its earnings results on Thursday, February 6th. The company reported $1.73 EPS for the quarter, topping analysts’ consensus estimates of $1.49 by $0.24. Post had a return on equity of 10.48% and a net margin of 4.94%. As a group, analysts anticipate that Post Holdings, Inc. will post 6.41 EPS for the current fiscal year.

Analyst Ratings Changes

A number of equities research analysts have commented on POST shares. Wells Fargo & Company raised their target price on shares of Post from $116.00 to $122.00 and gave the stock an “equal weight” rating in a research note on Monday, February 10th. Piper Sandler lifted their target price on shares of Post from $120.00 to $140.00 and gave the company an “overweight” rating in a research note on Monday, February 10th. One equities research analyst has rated the stock with a hold rating and five have given a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $127.17.

About Post

Post Holdings, Inc operates as a consumer packaged goods holding company in the United States and internationally. It operates through four segments: Post Consumer Brands, Weetabix, Foodservice, and Refrigerated Retail. The Post Consumer Brands segment manufactures, markets, and sells branded and private label ready-to-eat (RTE) cereals under Honey Bunches of Oats, Pebbles, and Malt-O-Meal brand names; hot cereal; peanut butter under the Peter Pan brand; and branded and private label dog and cat food products under Rachael Ray Nutrish, Nature's Recipe, 9Lives, Kibbles 'n Bits and Gravy Train brand names.