New York State Teachers Retirement System Cuts Holdings in Post Holdings, Inc. (NYSE:POST)

New York State Teachers Retirement System trimmed its holdings in shares of Post Holdings, Inc. (NYSE:POST) by 6.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 61,586 shares of the company’s stock after selling 4,156 shares during the quarter. New York State Teachers Retirement System owned approximately 0.11% of Post worth $7,049,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of POST. Fortitude Family Office LLC lifted its stake in shares of Post by 426.0% during the fourth quarter. Fortitude Family Office LLC now owns 263 shares of the company’s stock worth $30,000 after buying an additional 213 shares during the period. Ashton Thomas Securities LLC acquired a new stake in shares of Post during the third quarter worth $33,000. Quarry LP lifted its stake in shares of Post by 244.9% during the third quarter. Quarry LP now owns 338 shares of the company’s stock worth $39,000 after buying an additional 240 shares during the period. Sound Income Strategies LLC acquired a new stake in shares of Post during the fourth quarter worth $54,000. Finally, Eagle Bay Advisors LLC acquired a new stake in shares of Post during the fourth quarter worth $75,000. 94.85% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Post

In other Post news, SVP Bradly A. Harper sold 1,000 shares of the business’s stock in a transaction dated Thursday, December 5th. The shares were sold at an average price of $120.09, for a total value of $120,090.00. Following the transaction, the senior vice president now directly owns 11,220 shares in the company, valued at $1,347,409.80. The trade was a 8.18 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, COO Jeff A. Zadoks sold 28,969 shares of the business’s stock in a transaction dated Wednesday, November 27th. The shares were sold at an average price of $119.96, for a total transaction of $3,475,121.24. Following the completion of the transaction, the chief operating officer now owns 67,788 shares in the company, valued at $8,131,848.48. The trade was a 29.94 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 44,908 shares of company stock valued at $5,312,045. Corporate insiders own 11.40% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have recently commented on POST. Evercore ISI lifted their price objective on shares of Post from $123.00 to $126.00 and gave the stock an “outperform” rating in a research note on Monday, November 18th. Piper Sandler lifted their price objective on shares of Post from $120.00 to $140.00 and gave the stock an “overweight” rating in a research note on Monday, February 10th. Finally, Wells Fargo & Company boosted their target price on shares of Post from $116.00 to $122.00 and gave the company an “equal weight” rating in a research report on Monday, February 10th. One analyst has rated the stock with a hold rating and five have given a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $127.17.

Post Stock Up 1.8 %

POST stock opened at $113.43 on Thursday. The stock has a market capitalization of $6.41 billion, a P/E ratio of 18.69 and a beta of 0.65. The firm has a 50-day simple moving average of $110.60 and a 200-day simple moving average of $112.93. The company has a quick ratio of 1.64, a current ratio of 2.39 and a debt-to-equity ratio of 1.78. Post Holdings, Inc. has a 52 week low of $99.62 and a 52 week high of $125.84.

Post (NYSE:POST) last announced its quarterly earnings data on Thursday, February 6th. The company reported $1.73 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.49 by $0.24. Post had a net margin of 4.94% and a return on equity of 10.48%. Equities analysts forecast that Post Holdings, Inc. will post 6.41 earnings per share for the current fiscal year.

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.