Retirement Systems of Alabama Has $8.73 Million Stock Holdings in Post Holdings, Inc. (NYSE:POST)

Retirement Systems of Alabama increased its holdings in Post Holdings, Inc. (NYSE:POST) by 0.2% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 99,139 shares of the company’s stock after purchasing an additional 194 shares during the period. Retirement Systems of Alabama owned approximately 0.16% of Post worth $8,730,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in POST. Robeco Institutional Asset Management B.V. raised its position in Post by 24.0% in the third quarter. Robeco Institutional Asset Management B.V. now owns 22,711 shares of the company’s stock worth $1,947,000 after purchasing an additional 4,393 shares in the last quarter. Raymond James & Associates grew its stake in Post by 11.4% during the third quarter. Raymond James & Associates now owns 396,363 shares of the company’s stock worth $33,984,000 after buying an additional 40,567 shares during the last quarter. Brown Advisory Inc. grew its stake in Post by 4.7% during the third quarter. Brown Advisory Inc. now owns 22,755 shares of the company’s stock worth $1,951,000 after buying an additional 1,014 shares during the last quarter. Strs Ohio grew its stake in Post by 4.7% during the third quarter. Strs Ohio now owns 16,376 shares of the company’s stock worth $1,404,000 after buying an additional 734 shares during the last quarter. Finally, Park Avenue Securities LLC bought a new stake in Post during the third quarter worth about $484,000. Institutional investors and hedge funds own 94.85% of the company’s stock.

Post Price Performance

Shares of POST stock opened at $102.65 on Friday. Post Holdings, Inc. has a 52-week low of $78.85 and a 52-week high of $108.17. The stock has a market cap of $6.23 billion, a PE ratio of 19.66 and a beta of 0.65. The company has a debt-to-equity ratio of 1.60, a quick ratio of 1.00 and a current ratio of 1.99. The firm’s 50 day moving average price is $104.04 and its two-hundred day moving average price is $95.15.

Post (NYSE:POST) last announced its quarterly earnings data on Thursday, May 2nd. The company reported $1.51 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.29 by $0.22. Post had a net margin of 4.38% and a return on equity of 10.98%. The firm had revenue of $2 billion for the quarter, compared to analysts’ expectations of $2.03 billion. During the same period last year, the firm earned $1.10 earnings per share. The business’s revenue for the quarter was up 23.4% on a year-over-year basis. As a group, analysts forecast that Post Holdings, Inc. will post 5.52 EPS for the current year.

Analysts Set New Price Targets

Several analysts have weighed in on POST shares. Stifel Nicolaus upped their price objective on shares of Post from $98.00 to $115.00 and gave the stock a “buy” rating in a research note on Monday, February 5th. Mizuho upped their price objective on shares of Post from $110.00 to $128.00 and gave the stock a “buy” rating in a research note on Monday, February 5th. Finally, Barclays upped their price objective on shares of Post from $105.00 to $115.00 and gave the stock an “overweight” rating in a research note on Tuesday, February 6th. Two analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to MarketBeat.com, Post currently has a consensus rating of “Moderate Buy” and a consensus target price of $109.67.

Insider Buying and Selling at Post

In other Post news, CAO Diedre J. Gray sold 7,297 shares of the firm’s stock in a transaction that occurred on Monday, February 12th. The shares were sold at an average price of $104.51, for a total value of $762,609.47. Following the transaction, the chief accounting officer now directly owns 51,073 shares of the company’s stock, valued at $5,337,639.23. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. In other Post news, CAO Diedre J. Gray sold 7,297 shares of the stock in a transaction on Monday, February 12th. The shares were sold at an average price of $104.51, for a total value of $762,609.47. Following the sale, the chief accounting officer now directly owns 51,073 shares in the company, valued at $5,337,639.23. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Nicolas Catoggio sold 300 shares of the stock in a transaction on Wednesday, March 6th. The stock was sold at an average price of $104.11, for a total transaction of $31,233.00. Following the completion of the sale, the chief executive officer now owns 74,992 shares in the company, valued at $7,807,417.12. The disclosure for this sale can be found here. Insiders own 10.70% of the company’s stock.

Post 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.