Pacer Advisors Inc. Reduces Holdings in Post Holdings, Inc. $POST

Key Points

• Pacer Advisors cut its Post Holdings stake by 99.2% in the first quarter, selling 590,711 shares and retaining just 5,011 shares valued at approximately $495,000.
• Institutional ownership remains high at 94.85%, with Norges Bank initiating a major position and several other funds increasing or establishing stakes.
• Post beat quarterly EPS estimates at $1.78 but missed revenue expectations, with sales down 1.8% year over year. Analysts have lowered some price targets, though the stock retains a “Moderate Buy” consensus rating and a $109 average target.

Pacer Advisors Inc. lowered its stake in shares of Post Holdings, Inc. (NYSE:POST - Free Report) by 99.2% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,011 shares of the company's stock after selling 590,711 shares during the quarter. Pacer Advisors Inc.'s holdings in Post were worth $495,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Norges Bank purchased a new stake in Post during the 4th quarter worth approximately $113,660,000. Arrowstreet Capital Limited Partnership raised its holdings in shares of Post by 104.5% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 415,493 shares of the company's stock worth $41,155,000 after buying an additional 212,325 shares during the last quarter. H Squared Management LP purchased a new position in shares of Post in the fourth quarter worth $19,115,000. Duquesne Family Office LLC acquired a new stake in shares of Post during the third quarter worth $18,959,000. Finally, Orion Porfolio Solutions LLC lifted its stake 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 worth $19,231,000 after buying an additional 156,184 shares during the period. 94.85% of the stock is owned by hedge funds and other institutional investors.

Key Post News

Here are the key news stories impacting Post this week:

• Positive Sentiment: JPMorgan maintained an Overweight rating on Post Holdings while lowering its price target to $99 from $116. The retained bullish rating and implied upside suggest the firm still sees value in the shares after their recent decline. JPMorgan Post Holdings price-target report
• Neutral Sentiment: Wells Fargo cut its target to $86 from $98 and assigned an Equal Weight rating. The new target remains above the recent trading level, but the rating indicates limited conviction that Post will significantly outperform the broader market. Wells Fargo Post Holdings price-target report
• Negative Sentiment: The target reductions point to more cautious expectations for Post’s earnings and valuation. In its latest quarter, the company exceeded EPS estimates but missed revenue expectations, with sales down year over year. Elevated leverage and a low net margin remain additional concerns for investors.

Post Trading Up 3.3%

NYSE POST opened at $78.71 on Wednesday. The company has a market capitalization of $3.57 billion, a PE ratio of 14.47 and a beta of 0.40. The company has a fifty day moving average of $89.14 and a 200 day moving average of $97.31. Post Holdings, Inc. has a 1 year low of $75.40 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.

Post (NYSE:POST - Get Free Report) last posted its quarterly earnings results on Thursday, August 6th. The company reported $1.78 EPS for the quarter, beating the consensus estimate of $1.70 by $0.08. The company had revenue of $1.95 billion for the quarter, compared to analyst estimates of $2.02 billion. Post had a net margin of 3.48% and a return on equity of 13.22%. The firm's revenue was down 1.8% on a year-over-year basis. During the same period in the prior year, the company earned $2.03 earnings per share. Research analysts forecast that Post Holdings, Inc. will post 7.59 earnings per share for the current year.

Analysts Set New Price Targets

Several equities analysts recently issued reports on POST shares. Evercore set a $121.00 target price on Post in a research report on Monday. Stifel Nicolaus set a $125.00 price target on Post in a research report on Friday. Jefferies Financial Group set a $117.00 price objective on Post in a report on Monday, July 27th. Wall Street Zen cut Post from a "buy" rating to a "hold" rating in a research note on Saturday, May 9th. Finally, Wells Fargo & Company decreased their target price on Post from $98.00 to $86.00 and set an "equal weight" rating for the company in a report on Monday. Four equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, Post presently has an average rating of "Moderate Buy" and a consensus price target of $109.00.

Post Company 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.

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