Post Holdings, Inc. $POST Shares Sold by Teacher Retirement System of Texas

Teacher Retirement System of Texas cut its position in Post Holdings, Inc. (NYSE:POST) by 27.4% in the second quarter, HoldingsChannel reports. The institutional investor owned 9,879 shares of the company’s stock after selling 3,733 shares during the period. Teacher Retirement System of Texas’ holdings in Post were worth $1,077,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of POST. Aviso Financial Inc. boosted its holdings in Post by 1.0% during the 1st quarter. Aviso Financial Inc. now owns 10,270 shares of the company’s stock valued at $1,195,000 after acquiring an additional 100 shares during the period. Sequoia Financial Advisors LLC lifted its position in shares of Post by 2.3% during the second quarter. Sequoia Financial Advisors LLC now owns 5,075 shares of the company’s stock worth $553,000 after purchasing an additional 115 shares in the last quarter. Parallel Advisors LLC boosted its stake in shares of Post by 17.7% in the second quarter. Parallel Advisors LLC now owns 844 shares of the company’s stock valued at $92,000 after purchasing an additional 127 shares during the period. Xponance Inc. increased its stake in Post by 3.2% during the 1st quarter. Xponance Inc. now owns 5,608 shares of the company’s stock worth $653,000 after buying an additional 174 shares during the period. Finally, Plancorp LLC lifted its holdings in Post by 0.6% during the 1st quarter. Plancorp LLC now owns 31,170 shares of the company’s stock worth $3,627,000 after buying an additional 189 shares in the last quarter. Hedge funds and other institutional investors own 94.85% of the company’s stock.

Post Stock Performance

Shares of POST stock opened at $104.85 on Friday. The company has a market cap of $5.70 billion, a P/E ratio of 17.83 and a beta of 0.49. The firm has a fifty day moving average price of $106.43 and a 200 day moving average price of $108.48. The company has a current ratio of 2.60, a quick ratio of 1.84 and a debt-to-equity ratio of 1.83. Post Holdings, Inc. has a 12 month low of $100.44 and a 12 month high of $125.84.

Post (NYSE:POST) last announced its quarterly earnings results on Thursday, August 7th. The company reported $2.03 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.67 by $0.36. The company had revenue of $1.98 billion during the quarter, compared to the consensus estimate of $1.95 billion. Post had a return on equity of 10.80% and a net margin of 4.62%.Post’s revenue for the quarter was up 1.9% on a year-over-year basis. During the same period in the previous year, the business earned $1.54 EPS. Sell-side analysts predict that Post Holdings, Inc. will post 6.41 earnings per share for the current fiscal year.

Post announced that its board has authorized a share repurchase program on Friday, August 29th that authorizes the company to buyback $0.00 in outstanding shares. This buyback authorization authorizes the company to buy shares of its stock through open market purchases. Shares buyback programs are typically an indication that the company’s management believes its shares are undervalued.

Insider Buying and Selling at Post

In other Post news, Director William P. Stiritz bought 36,000 shares of the firm’s stock in a transaction that occurred on Tuesday, August 19th. The stock was purchased at an average price of $109.53 per share, for a total transaction of $3,943,080.00. Following the completion of the purchase, the director directly owned 4,334,667 shares in the company, valued at $474,776,076.51. This trade represents a 0.84% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 11.40% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have commented on POST shares. Wall Street Zen downgraded shares of Post from a “buy” rating to a “hold” rating in a research note on Saturday, October 11th. JPMorgan Chase & Co. lifted their target price on Post from $131.00 to $132.00 and gave the company an “overweight” rating in a report on Monday, October 27th. Zacks Research cut Post from a “strong-buy” rating to a “hold” rating in a research note on Monday, September 15th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Post in a research report on Wednesday, October 8th. Finally, Wells Fargo & Company lowered their price objective on Post from $117.00 to $115.00 and set an “equal weight” rating for the company in a research report on Thursday, September 25th. Four investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, Post presently has a consensus rating of “Moderate Buy” and an average target price of $131.00.

Post Profile

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.