Post Holdings, Inc. $POST Stock: VIRGINIA RETIREMENT SYSTEMS ET Al Increases Stake

VIRGINIA RETIREMENT SYSTEMS ET Al grew its stake in shares of Post Holdings, Inc. (NYSE:POST) by 186.4% in the third quarter, HoldingsChannel.com reports. The firm owned 50,400 shares of the company’s stock after buying an additional 32,800 shares during the quarter. VIRGINIA RETIREMENT SYSTEMS ET Al’s holdings in Post were worth $3,672,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in POST. Signaturefd LLC increased its stake in shares of Post by 229.6% in the third quarter. Signaturefd LLC now owns 445 shares of the company’s stock worth $32,000 after buying an additional 310 shares during the period. Iridian Asset Management LLC CT raised its holdings in Post by 19.5% during the 3rd quarter. Iridian Asset Management LLC CT now owns 268,652 shares of the company’s stock valued at $19,571,000 after buying an additional 43,759 shares during the last quarter. Inspire Investing LLC boosted its position in Post by 13.0% during the 3rd quarter. Inspire Investing LLC now owns 8,700 shares of the company’s stock valued at $634,000 after buying an additional 998 shares during the period. Daytona Street Capital LLC boosted its position in Post by 2.8% during the 3rd quarter. Daytona Street Capital LLC now owns 21,484 shares of the company’s stock valued at $1,558,000 after buying an additional 582 shares during the period. Finally, Mather Group LLC. boosted its position in Post by 2,275.5% during the 3rd quarter. Mather Group LLC. now owns 1,259 shares of the company’s stock valued at $92,000 after buying an additional 1,206 shares during the period. Hedge funds and other institutional investors own 94.85% of the company’s stock.

Post Stock Performance

Shares of POST stock opened at $83.17 on Monday. The stock has a fifty day moving average of $78.47 and a 200 day moving average of $92.00. Post Holdings, Inc. has a 52 week low of $71.45 and a 52 week high of $117.28. The firm has a market capitalization of $3.77 billion, a price-to-earnings ratio of 15.29 and a beta of 0.39. The company has a quick ratio of 0.99, a current ratio of 1.85 and a debt-to-equity ratio of 2.47.

Post (NYSE:POST) last issued its quarterly earnings data on Thursday, August 6th. The company reported $1.78 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.70 by $0.08. Post had a net margin of 3.48% and a return on equity of 13.22%. The business had revenue of $1.95 billion for the quarter, compared to the consensus estimate of $2.02 billion. During the same period in the previous year, the firm earned $2.03 EPS. The company’s quarterly revenue was down 1.8% compared to the same quarter last year. As a group, research analysts expect that Post Holdings, Inc. will post 7.57 earnings per share for the current year.

Insider Buying and Selling at Post

In other news, Chairman William P. Stiritz sold 277,935 shares of Post stock in a transaction dated Wednesday, September 2nd. The shares were sold at an average price of $84.23, for a total transaction of $23,410,465.05. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 14.05% of the company’s stock.

Key Stories Impacting Post

Here are the key news stories impacting Post this week:

• Neutral Sentiment: Broader market sentiment may be influencing trading. Reports of hedging activity amid an artificial-intelligence stock selloff could increase risk aversion across equities, although the article does not specifically discuss Post Holdings. AI investors hedge against losses amid tech stock selloff
• Neutral Sentiment: Geopolitical headlines involving U.S.-Iran tensions and possible negotiations may affect overall market risk appetite and commodity expectations, but there is no reported direct impact on Post Holdings’ operations. Iran’s top diplomat hopes US shows rationality

Analysts Set New Price Targets

POST has been the topic of a number of analyst reports. Wells Fargo & Company decreased their price objective on shares of Post from $86.00 to $79.00 and set an “equal weight” rating on the stock in a research report on Monday, October 5th. Jefferies Financial Group set a $117.00 target price on shares of Post in a report on Monday, July 27th. Stifel Nicolaus cut their target price on Post from $125.00 to $100.00 and set a “buy” rating on the stock in a research note on Thursday, October 15th. Zacks Research cut Post from a “hold” rating to a “strong sell” rating in a research note on Thursday, October 1st. Finally, JPMorgan Chase & Co. reduced their price target on Post from $116.00 to $99.00 and set an “overweight” rating on the stock in a report on Monday, August 10th. Five equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $103.43.

About Post

Post Holdings, Inc (NYSE: POST) is a consumer packaged goods company that develops, manufactures and distributes branded and private-label food products. Its portfolio includes breakfast cereals, eggs, refrigerated side dishes, active-nutrition products and foodservice items sold through grocery retailers, club stores, restaurants, institutions and other channels.

Post Consumer Brands markets cereals and other products under brands including Honey Bunches of Oats, Pebbles, Grape-Nuts, Great Grains and Malt-O-Meal.