Dupont Capital Management Corp trimmed its position in Post Holdings Inc (NYSE:POST) by 81.4% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,515 shares of the company’s stock after selling 37,185 shares during the period. Dupont Capital Management Corp’s holdings in Post were worth $759,000 at the end of the most recent quarter.
Other institutional investors have also recently modified their holdings of the company. State Board of Administration of Florida Retirement System boosted its stake in shares of Post by 0.9% in the 4th quarter. State Board of Administration of Florida Retirement System now owns 77,314 shares of the company’s stock worth $6,891,000 after buying an additional 665 shares during the last quarter. Signature Estate & Investment Advisors LLC lifted its stake in Post by 8.7% in the fourth quarter. Signature Estate & Investment Advisors LLC now owns 13,292 shares of the company’s stock valued at $1,185,000 after purchasing an additional 1,069 shares during the last quarter. Rhumbline Advisers lifted its stake in Post by 51.8% in the fourth quarter. Rhumbline Advisers now owns 180,039 shares of the company’s stock valued at $16,047,000 after purchasing an additional 61,424 shares during the last quarter. Crossmark Global Holdings Inc. lifted its stake in Post by 23.4% in the fourth quarter. Crossmark Global Holdings Inc. now owns 7,851 shares of the company’s stock valued at $700,000 after purchasing an additional 1,490 shares during the last quarter. Finally, Xact Kapitalforvaltning AB lifted its stake in Post by 35.5% in the fourth quarter. Xact Kapitalforvaltning AB now owns 14,109 shares of the company’s stock valued at $1,258,000 after purchasing an additional 3,700 shares during the last quarter.
Several research firms recently commented on POST. ValuEngine downgraded Post from a “buy” rating to a “hold” rating in a research note on Saturday, October 27th. Piper Jaffray Companies downgraded Post from an “overweight” rating to a “neutral” rating and dropped their price objective for the company from $115.00 to $109.00 in a research note on Thursday, January 24th. Zacks Investment Research upgraded Post from a “sell” rating to a “hold” rating in a research note on Tuesday, December 25th. Citigroup upped their price objective on Post from $110.00 to $115.00 and gave the company a “buy” rating in a research note on Tuesday, November 13th. Finally, Barclays reiterated a “buy” rating on shares of Post in a research note on Tuesday, November 20th. Three research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average target price of $113.75.
In related news, Director William P. Stiritz bought 35,755 shares of the company’s stock in a transaction on Friday, February 8th. The shares were purchased at an average price of $97.75 per share, for a total transaction of $3,495,051.25. Following the completion of the transaction, the director now directly owns 2,692,108 shares in the company, valued at approximately $263,153,557. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, Director William P. Stiritz bought 134,059 shares of the company’s stock in a transaction on Wednesday, February 6th. The shares were bought at an average price of $96.71 per share, for a total transaction of $12,964,845.89. Following the transaction, the director now owns 2,659,862 shares of the company’s stock, valued at $257,235,254.02. The disclosure for this purchase can be found here. Corporate insiders own 8.10% of the company’s stock.
NYSE:POST opened at $103.55 on Thursday. The firm has a market cap of $6.68 billion, a price-to-earnings ratio of 25.38, a P/E/G ratio of 3.27 and a beta of 0.22. Post Holdings Inc has a 1 year low of $70.66 and a 1 year high of $103.58. The company has a current ratio of 1.56, a quick ratio of 0.93 and a debt-to-equity ratio of 2.01.
Post (NYSE:POST) last posted its earnings results on Thursday, January 31st. The company reported $1.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.00 by $0.11. The firm had revenue of $1.41 billion for the quarter, compared to the consensus estimate of $1.39 billion. Post had a return on equity of 10.53% and a net margin of 4.78%. On average, analysts predict that Post Holdings Inc will post 5 earnings per share for the current fiscal year.
Post Holdings, Inc operates as a consumer packaged goods holding company in the United States and internationally. It operates through Post Consumer Brands, Weetabix, Refrigerated Food, and Active Nutrition segments. The Post Consumer Brands segment manufactures, markets, and sells branded and private label ready-to-eat (RTE) cereal and hot cereal products.
Further Reading: SEC Filing
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