Mutual of America Capital Management LLC Lowers Holdings in Post Holdings, Inc. (NYSE:POST)

Mutual of America Capital Management LLC lowered its position in shares of Post Holdings, Inc. (NYSE:POST) by 4.1% in the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 28,793 shares of the company’s stock after selling 1,216 shares during the quarter. Mutual of America Capital Management LLC’s holdings in Post were worth $2,999,000 as of its most recent filing with the SEC.

Several other hedge funds also recently made changes to their positions in POST. Vanguard Group Inc. raised its holdings in Post by 6.7% during the first quarter. Vanguard Group Inc. now owns 5,288,249 shares of the company’s stock worth $562,035,000 after purchasing an additional 332,811 shares in the last quarter. Norges Bank purchased a new position in shares of Post during the 4th quarter worth approximately $19,598,000. Verition Fund Management LLC lifted its holdings in shares of Post by 347.8% in the 4th quarter. Verition Fund Management LLC now owns 256,983 shares of the company’s stock valued at $22,630,000 after buying an additional 199,592 shares during the period. F M Investments LLC purchased a new stake in shares of Post in the second quarter valued at approximately $8,873,000. Finally, Redwood Investment Management LLC acquired a new position in Post during the fourth quarter worth $6,047,000. Institutional investors and hedge funds own 94.85% of the company’s stock.

Post Stock Performance

Shares of POST opened at $114.58 on Tuesday. Post Holdings, Inc. has a 12-month low of $78.85 and a 12-month high of $118.96. The stock has a market cap of $6.94 billion, a P/E ratio of 21.95 and a beta of 0.63. The company has a current ratio of 2.05, a quick ratio of 1.12 and a debt-to-equity ratio of 1.62. The company has a 50-day moving average of $113.26 and a two-hundred day moving average of $107.49.

Post (NYSE:POST) last posted its earnings results on Thursday, August 1st. The company reported $1.54 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.21 by $0.33. The firm had revenue of $1.95 billion for the quarter, compared to analyst estimates of $2.02 billion. Post had a return on equity of 10.91% and a net margin of 4.46%. Post’s revenue was up 4.7% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.52 EPS. As a group, research analysts predict that Post Holdings, Inc. will post 5.95 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on the company. Wells Fargo & Company raised their target price on Post from $108.00 to $120.00 and gave the company an “equal weight” rating in a report on Monday, August 5th. Evercore ISI boosted their price objective on shares of Post from $122.00 to $123.00 and gave the stock an “outperform” rating in a report on Monday, August 5th. JPMorgan Chase & Co. increased their target price on shares of Post from $118.00 to $125.00 and gave the company an “overweight” rating in a report on Tuesday, August 6th. Finally, Stifel Nicolaus lifted their price target on shares of Post from $120.00 to $130.00 and gave the company a “buy” rating in a research report on Monday, August 5th. Two investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $124.33.

Insider Activity at Post

In other news, Director Thomas C. Erb bought 2,000 shares of Post stock in a transaction on Tuesday, August 13th. The shares were bought at an average cost of $112.94 per share, for a total transaction of $225,880.00. Following the acquisition, the director now owns 35,475 shares in the company, valued at $4,006,546.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 10.70% of the company’s stock.

Post Company 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.