California Public Employees Retirement System Reduces Stock Holdings in Post Holdings, Inc. (NYSE:POST)

California Public Employees Retirement System reduced its position in shares of Post Holdings, Inc. (NYSE:POST - Free Report) by 4.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 287,174 shares of the company's stock after selling 13,808 shares during the period. California Public Employees Retirement System owned about 0.47% of Post worth $25,289,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in POST. C M Bidwell & Associates Ltd. bought a new stake in Post in the third quarter valued at approximately $26,000. Fifth Third Bancorp lifted its stake in Post by 45.9% in the fourth quarter. Fifth Third Bancorp now owns 610 shares of the company's stock valued at $54,000 after buying an additional 192 shares during the period. CI Investments Inc. lifted its stake in Post by 2,472.0% in the third quarter. CI Investments Inc. now owns 1,929 shares of the company's stock valued at $165,000 after buying an additional 1,854 shares during the period. Neo Ivy Capital Management acquired a new position in Post in the third quarter valued at approximately $168,000. Finally, SRS Capital Advisors Inc. lifted its stake in Post by 22.0% in the third quarter. SRS Capital Advisors Inc. now owns 2,209 shares of the company's stock valued at $189,000 after buying an additional 398 shares during the period. 94.85% of the stock is currently owned by institutional investors.

Post Stock Down 0.5 %

Shares of NYSE:POST traded down $0.51 during trading on Friday, reaching $105.38. 461,619 shares of the stock were exchanged, compared to its average volume of 397,861. The company has a debt-to-equity ratio of 1.60, a current ratio of 1.99 and a quick ratio of 1.00. Post Holdings, Inc. has a 1-year low of $78.85 and a 1-year high of $107.67. The stock has a fifty day moving average of $104.08 and a two-hundred day moving average of $94.50. The firm has a market cap of $6.39 billion, a price-to-earnings ratio of 22.61 and a beta of 0.66.

Post (NYSE:POST - Get Free Report) last issued its earnings results on Thursday, February 1st. The company reported $1.69 earnings per share for the quarter, topping analysts' consensus estimates of $1.07 by $0.62. The company had revenue of $1.97 billion for the quarter, compared to analyst estimates of $1.92 billion. Post had a return on equity of 10.51% and a net margin of 4.03%. Research analysts anticipate that Post Holdings, Inc. will post 5.52 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

POST has been the topic of several recent analyst reports. Barclays boosted their price target on Post from $105.00 to $115.00 and gave the company an "overweight" rating in a research note on Tuesday, February 6th. Mizuho boosted their price target on Post from $110.00 to $128.00 and gave the company a "buy" rating in a research note on Monday, February 5th. Finally, Stifel Nicolaus boosted their price target on Post from $98.00 to $115.00 and gave the company a "buy" rating in a research note on Monday, February 5th. Two investment analysts have rated the stock with a hold rating and five have given a buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $109.67.

Insider Activity at Post

In related news, Director Thomas C. Erb purchased 1,000 shares of the stock in a transaction that occurred on Wednesday, February 7th. The stock was acquired at an average cost of $104.24 per share, with a total value of $104,240.00. Following the transaction, the director now owns 33,475 shares of the company's stock, valued at approximately $3,489,434. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other Post news, Director Thomas C. Erb acquired 1,000 shares of Post stock in a transaction on Wednesday, February 7th. The stock was purchased at an average price of $104.24 per share, for a total transaction of $104,240.00. Following the purchase, the director now directly owns 33,475 shares of the company's stock, valued at $3,489,434. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CAO Diedre J. Gray sold 7,297 shares of the company's 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 completion of the transaction, the chief accounting officer now owns 51,073 shares of the company's stock, valued at approximately $5,337,639.23. The disclosure for this sale can be found here. 10.70% of the stock is currently owned by insiders.

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.