TD Private Client Wealth LLC Cuts Stock Holdings in Post Holdings, Inc. $POST

TD Private Client Wealth LLC decreased its position in shares of Post Holdings, Inc. (NYSE:POST) by 85.7% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 1,042 shares of the company’s stock after selling 6,235 shares during the period. TD Private Client Wealth LLC’s holdings in Post were worth $103,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in POST. Duquesne Family Office LLC purchased a new stake in shares of Post during the third quarter valued at approximately $18,959,000. Orion Porfolio Solutions LLC grew its holdings in shares of Post by 773.1% during the second quarter. Orion Porfolio Solutions LLC now owns 176,386 shares of the company’s stock valued at $19,231,000 after buying an additional 156,184 shares during the last quarter. Qube Research & Technologies Ltd grew its holdings in shares of Post by 208.2% during the third quarter. Qube Research & Technologies Ltd now owns 219,673 shares of the company’s stock valued at $23,610,000 after buying an additional 148,390 shares during the last quarter. AQR Capital Management LLC grew its holdings in shares of Post by 228.5% during the second quarter. AQR Capital Management LLC now owns 206,617 shares of the company’s stock valued at $22,515,000 after buying an additional 143,711 shares during the last quarter. Finally, Two Sigma Investments LP grew its holdings in shares of Post by 2,046.7% during the third quarter. Two Sigma Investments LP now owns 144,364 shares of the company’s stock valued at $15,516,000 after buying an additional 137,639 shares during the last quarter. Hedge funds and other institutional investors own 94.85% of the company’s stock.

Post Stock Up 0.1%

Shares of Post stock opened at $97.37 on Friday. The company has a market cap of $4.41 billion, a price-to-earnings ratio of 16.39 and a beta of 0.43. The company’s 50 day moving average is $100.28 and its 200 day moving average is $101.81. Post Holdings, Inc. has a twelve month low of $94.13 and a twelve month high of $117.28. The company has a quick ratio of 1.03, a current ratio of 1.85 and a debt-to-equity ratio of 2.38.

Post (NYSE:POST) last issued its quarterly earnings data on Thursday, May 7th. The company reported $1.94 earnings per share for the quarter, beating analysts’ consensus estimates of $1.73 by $0.21. The company had revenue of $2.04 billion for the quarter, compared to the consensus estimate of $2.08 billion. Post had a net margin of 4.01% and a return on equity of 13.36%. The firm’s revenue for the quarter was up 4.7% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.41 earnings per share. Research analysts anticipate that Post Holdings, Inc. will post 7.58 EPS for the current year.

Insiders Place Their Bets

In other Post news, Director Gregory L. Curl sold 6,186 shares of the stock in a transaction that occurred on Wednesday, May 13th. The shares were sold at an average price of $105.05, for a total value of $649,839.30. Following the transaction, the director directly owned 15,107 shares in the company, valued at approximately $1,586,990.35. This trade represents a 29.05% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 14.05% of the company’s stock.

Analysts Set New Price Targets

POST has been the topic of a number of recent analyst reports. Zacks Research upgraded shares of Post from a “strong sell” rating to a “hold” rating in a report on Monday, February 9th. Weiss Ratings upgraded shares of Post from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Friday, February 6th. Barclays lowered their price objective on shares of Post from $127.00 to $119.00 and set an “overweight” rating on the stock in a research report on Tuesday, April 14th. Wells Fargo & Company lowered their price objective on shares of Post from $120.00 to $110.00 and set an “equal weight” rating on the stock in a research report on Wednesday, April 8th. Finally, JPMorgan Chase & Co. lowered their price objective on shares of Post from $133.00 to $119.00 and set an “overweight” rating on the stock in a research report on Monday, April 20th. Five equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $124.50.

Post News Roundup

Here are the key news stories impacting Post this week:

• Neutral Sentiment: No direct news flow on Post Holdings was released in the provided articles, so there is no obvious new catalyst driving the stock.
• Neutral Sentiment: Recent market headlines were dominated by macro/political issues and updates from other companies, which are unlikely to have a direct impact on Post’s fundamentals.
• Neutral Sentiment: Post’s last earnings report showed an EPS beat and year-over-year revenue growth, which may continue to provide some underlying support for the stock.

Post Profile

Post Holdings, Inc is a consumer packaged goods company that operates as a holding company for a diverse portfolio of food and beverage brands. The company’s principal activities include the production, marketing and distribution of ready-to-eat cereal, refrigerated and frozen foods, and nutritional beverages. Through its operating segments—Post Consumer Brands, Foodservice, Refrigerated Side Dishes & Bakery, and Active Nutrition—Post Holdings delivers a broad array of products to retail grocers, convenience stores, foodservice operators and e-commerce channels.

The Post Consumer Brands segment features a variety of hot and cold cereals under names such as Honey Bunches of Oats, Shredded Wheat and Pebbles.