Post Holdings, Inc. $POST Shares Bought by VIRGINIA RETIREMENT SYSTEMS ET Al

VIRGINIA RETIREMENT SYSTEMS ET Al boosted its holdings in shares of Post Holdings, Inc. (NYSE:POST) by 186.4% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 50,400 shares of the company’s stock after buying an additional 32,800 shares during the period. VIRGINIA RETIREMENT SYSTEMS ET Al owned approximately 0.11% of Post worth $3,672,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Signaturefd LLC grew its holdings in shares of Post by 229.6% during the third quarter. Signaturefd LLC now owns 445 shares of the company’s stock worth $32,000 after purchasing an additional 310 shares in the last quarter. Iridian Asset Management LLC CT increased its position in shares of Post by 19.5% in the third quarter. Iridian Asset Management LLC CT now owns 268,652 shares of the company’s stock worth $19,571,000 after purchasing an additional 43,759 shares during the last quarter. Inspire Investing LLC raised its stake in Post by 13.0% in the third quarter. Inspire Investing LLC now owns 8,700 shares of the company’s stock valued at $634,000 after purchasing an additional 998 shares in the last quarter. Daytona Street Capital LLC raised its stake in Post by 2.8% in the third quarter. Daytona Street Capital LLC now owns 21,484 shares of the company’s stock valued at $1,558,000 after purchasing an additional 582 shares in the last quarter. Finally, Mather Group LLC. lifted its position in Post by 2,275.5% during the third quarter. Mather Group LLC. now owns 1,259 shares of the company’s stock valued at $92,000 after purchasing an additional 1,206 shares during the last quarter. 94.85% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Post

In other Post news, Chairman William P. Stiritz sold 277,935 shares of the business’s stock in a transaction on Wednesday, September 2nd. The shares were sold at an average price of $84.23, for a total value of $23,410,465.05. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 14.05% of the company’s stock.

Post Stock Down 0.1%

Shares of POST opened at $83.17 on Monday. Post Holdings, Inc. has a 1 year low of $71.45 and a 1 year high of $117.28. The company has a debt-to-equity ratio of 2.47, a current ratio of 1.85 and a quick ratio of 0.99. The stock has a 50 day simple moving average of $78.47 and a two-hundred day simple moving average of $92.00. The firm has a market cap of $3.77 billion, a P/E ratio of 15.29 and a beta of 0.39.

Post (NYSE:POST) last posted its quarterly earnings results on Thursday, August 6th. The company reported $1.78 EPS for the quarter, topping the consensus estimate of $1.70 by $0.08. The firm had revenue of $1.95 billion for the quarter, compared to the consensus estimate of $2.02 billion. Post had a net margin of 3.48% and a return on equity of 13.22%. The business’s revenue was down 1.8% compared to the same quarter last year. During the same period last year, the firm posted $2.03 earnings per share. On average, analysts forecast that Post Holdings, Inc. will post 7.57 earnings per share for the current fiscal year.

Post News Summary

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

Analyst Ratings Changes

A number of research firms have commented on POST. Wells Fargo & Company cut their price target on shares of Post from $86.00 to $79.00 and set an “equal weight” rating for the company in a research note on Monday, October 5th. Evercore set a $121.00 price objective on shares of Post in a report on Monday, August 10th. JPMorgan Chase & Co. cut their target price on shares of Post from $116.00 to $99.00 and set an “overweight” rating for the company in a research report on Monday, August 10th. Barclays reduced their target price on Post from $95.00 to $88.00 and set an “overweight” rating on the stock in a research note on Friday, October 16th. Finally, Jefferies Financial Group set a $117.00 price target on Post in a research report on Monday, July 27th. Five equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $103.43.

Post Company Profile

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.