Dimensional Fund Advisors LP Trims Stock Holdings in Post Holdings, Inc. $POST

Key Points

• Dimensional Fund Advisors LP reduced its stake in Post Holdings, Inc. by 5.2% in Q1, owning 3,035,841 shares valued at approximately $353 million after selling 165,553 shares during the quarter.
• Post's stock has seen fluctuations in analysts' price targets, with Mizuho lowering theirs from $133.00 to $127.00, while Piper Sandler raised theirs from $140.00 to $150.00, reflecting a range of opinions on the stock's momentum.
• Insider trades showed a significant purchase by Director William P. Stiritz, acquiring 186,740 shares at an average price of $109.11, representing a 4.54% increase in his ownership of Post stock.

Dimensional Fund Advisors LP decreased its stake in shares of Post Holdings, Inc. (NYSE:POST - Free Report) by 5.2% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 3,035,841 shares of the company's stock after selling 165,553 shares during the quarter. Dimensional Fund Advisors LP owned about 5.37% of Post worth $353,245,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in the company. The Manufacturers Life Insurance Company increased its stake in shares of Post by 403.1% during the 4th quarter. The Manufacturers Life Insurance Company now owns 986,975 shares of the company's stock worth $112,969,000 after purchasing an additional 790,782 shares during the last quarter. Point72 Asset Management L.P. grew its holdings in Post by 53.4% during the fourth quarter. Point72 Asset Management L.P. now owns 1,045,306 shares of the company's stock worth $119,646,000 after purchasing an additional 364,006 shares during the period. Nuveen LLC acquired a new position in Post during the first quarter worth approximately $34,528,000. Vanguard Group Inc. raised its stake in Post by 5.4% in the first quarter. Vanguard Group Inc. now owns 5,418,085 shares of the company's stock valued at $630,448,000 after buying an additional 277,786 shares during the period. Finally, GAMMA Investing LLC lifted its position in shares of Post by 10,001.8% in the first quarter. GAMMA Investing LLC now owns 176,984 shares of the company's stock valued at $20,594,000 after buying an additional 175,232 shares during the last quarter. 94.85% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research firms have commented on POST. Wells Fargo & Company reduced their price objective on shares of Post from $120.00 to $117.00 and set an "equal weight" rating for the company in a research report on Wednesday, July 9th. Wall Street Zen upgraded shares of Post from a "hold" rating to a "buy" rating in a research report on Saturday, August 9th. Evercore ISI raised their price objective on Post from $130.00 to $131.00 and gave the stock an "outperform" rating in a research note on Wednesday, June 4th. Piper Sandler increased their price objective on shares of Post from $140.00 to $150.00 and gave the stock an "overweight" rating in a research note on Wednesday, June 11th. Finally, JPMorgan Chase & Co. initiated coverage on shares of Post in a research report on Wednesday. They set an "overweight" rating and a $122.00 price target on the stock. Four analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $129.40.

Post Trading Up 0.4%

NYSE:POST traded up $0.39 during trading hours on Thursday, hitting $111.03. 113,823 shares of the company were exchanged, compared to its average volume of 634,942. The company has a fifty day simple moving average of $108.23 and a 200 day simple moving average of $110.93. Post Holdings, Inc. has a one year low of $101.05 and a one year high of $125.84. The stock has a market capitalization of $6.03 billion, a price-to-earnings ratio of 18.89 and a beta of 0.49. The company has a current ratio of 2.60, a quick ratio of 1.84 and a debt-to-equity ratio of 1.83.

Post (NYSE:POST - Get Free Report) last issued its quarterly earnings data on Thursday, August 7th. The company reported $2.03 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.67 by $0.36. The company had revenue of $1.98 billion during the quarter, compared to the consensus estimate of $1.95 billion. Post had a return on equity of 10.80% and a net margin of 4.62%.The firm's revenue was up 1.9% compared to the same quarter last year. During the same period last year, the company earned $1.54 earnings per share. Sell-side analysts expect that Post Holdings, Inc. will post 6.41 EPS for the current fiscal year.

Insider Transactions at Post

In related news, Director William P. Stiritz purchased 186,740 shares of the stock in a transaction that occurred on Thursday, June 5th. The stock was acquired at an average cost of $109.11 per share, with a total value of $20,375,201.40. Following the transaction, the director owned 4,298,667 shares of the company's stock, valued at $469,027,556.37. This represents a 4.54% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Nicolas Catoggio sold 1,750 shares of Post stock in a transaction on Thursday, June 5th. The stock was sold at an average price of $108.97, for a total transaction of $190,697.50. Following the transaction, the chief executive officer directly owned 43,751 shares in the company, valued at $4,767,546.47. This represents a 3.85% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 11.40% of the company's stock.

About Post

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.