Post Holdings, Inc. (NYSE:POST) Shares Sold by California State Teachers Retirement System

California State Teachers Retirement System trimmed its stake in shares of Post Holdings, Inc. (NYSE:POST - Free Report) by 10.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 43,892 shares of the company's stock after selling 5,077 shares during the quarter. California State Teachers Retirement System owned approximately 0.08% of Post worth $5,024,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in the stock. Blue Trust Inc. lifted its position in shares of Post by 68.1% during the fourth quarter. Blue Trust Inc. now owns 1,815 shares of the company's stock worth $210,000 after purchasing an additional 735 shares during the last quarter. Trust Point Inc. acquired a new stake in Post during the fourth quarter valued at approximately $208,000. Longboard Asset Management LP bought a new position in Post during the 4th quarter worth approximately $232,000. Retirement Systems of Alabama lifted its holdings in Post by 28.4% during the 4th quarter. Retirement Systems of Alabama now owns 131,155 shares of the company's stock worth $15,012,000 after buying an additional 28,982 shares during the last quarter. Finally, Silver Oak Securities Incorporated acquired a new position in shares of Post in the 4th quarter worth approximately $437,000. 94.85% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research firms recently issued reports on POST. Wells Fargo & Company dropped their price target on Post from $124.00 to $120.00 and set an "equal weight" rating on the stock in a research report on Monday, May 12th. Piper Sandler boosted their price objective on shares of Post from $120.00 to $140.00 and gave the company an "overweight" rating in a research report on Monday, February 10th. Mizuho cut their target price on Post from $133.00 to $127.00 and set an "outperform" rating on the stock in a research note on Wednesday, May 28th. Finally, Evercore ISI boosted their price target on shares of Post from $130.00 to $131.00 and gave the company an "outperform" rating in a report on Wednesday. One investment analyst has rated the stock with a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $128.83.

Post Stock Performance

Shares of NYSE POST traded down $0.97 during midday trading on Thursday, hitting $108.87. 292,226 shares of the company's stock were exchanged, compared to its average volume of 549,243. Post Holdings, Inc. has a twelve month low of $99.70 and a twelve month high of $125.84. The firm has a market cap of $6.07 billion, a P/E ratio of 17.93 and a beta of 0.50. The stock's 50 day moving average price is $112.60 and its 200-day moving average price is $112.64. The company has a debt-to-equity ratio of 1.78, a current ratio of 2.39 and a quick ratio of 1.64.

Post (NYSE:POST - Get Free Report) last announced its quarterly earnings results on Thursday, May 8th. The company reported $1.41 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.18 by $0.23. Post had a return on equity of 10.48% and a net margin of 4.94%. The company had revenue of $1.95 billion during the quarter, compared to analyst estimates of $1.98 billion. During the same quarter in the previous year, the firm posted $1.51 EPS. The firm's quarterly revenue was down 2.3% on a year-over-year basis. Equities research analysts anticipate that Post Holdings, Inc. will post 6.41 EPS for the current year.

Post Company 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.