Retirement Systems of Alabama Acquires 2,443 Shares of Post Holdings, Inc. (POST)

Retirement Systems of Alabama raised its position in Post Holdings, Inc. (NYSE:POST) by 2.9% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 85,428 shares of the company’s stock after buying an additional 2,443 shares during the period. Retirement Systems of Alabama owned 0.13% of Post Holdings worth $6,633,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the company. Oregon Public Employees Retirement Fund raised its position in Post Holdings by 1.4% in the first quarter. Oregon Public Employees Retirement Fund now owns 22,454 shares of the company’s stock valued at $1,965,000 after buying an additional 300 shares in the last quarter. DUPONT CAPITAL MANAGEMENT Corp raised its position in Post Holdings by 11.3% in the first quarter. DUPONT CAPITAL MANAGEMENT Corp now owns 46,227 shares of the company’s stock valued at $4,046,000 after buying an additional 4,700 shares in the last quarter. Russell Investments Group Ltd. raised its position in Post Holdings by 13.4% in the first quarter. Russell Investments Group Ltd. now owns 44,682 shares of the company’s stock valued at $3,911,000 after buying an additional 5,294 shares in the last quarter. Acadian Asset Management LLC raised its position in Post Holdings by 4,660.4% in the first quarter. Acadian Asset Management LLC now owns 2,285 shares of the company’s stock valued at $200,000 after buying an additional 2,237 shares in the last quarter. Finally, Profund Advisors LLC raised its position in Post Holdings by 3.4% in the first quarter. Profund Advisors LLC now owns 9,141 shares of the company’s stock valued at $800,000 after buying an additional 303 shares in the last quarter.

Post Holdings, Inc. (NYSE POST) opened at 86.02 on Wednesday. Post Holdings, Inc. has a 12-month low of $68.76 and a 12-month high of $89.04. The firm has a 50-day moving average of $81.49 and a 200 day moving average of $82.97. The company’s market capitalization is $5.69 billion.

Post Holdings (NYSE:POST) last announced its quarterly earnings results on Thursday, August 3rd. The company reported $0.63 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.61 by $0.02. Post Holdings had a negative net margin of 0.06% and a positive return on equity of 6.53%. The firm had revenue of $1.27 billion for the quarter, compared to the consensus estimate of $1.25 billion. During the same period in the prior year, the firm posted $0.62 earnings per share. The company’s revenue for the quarter was up 2.1% on a year-over-year basis. Analysts expect that Post Holdings, Inc. will post $2.71 EPS for the current fiscal year.

Post Holdings announced that its Board of Directors has initiated a share repurchase program on Wednesday, June 7th that permits the company to repurchase $250.00 million in outstanding shares. This repurchase authorization permits the company to purchase up to 4.6% of its shares through open market purchases. Shares repurchase programs are usually an indication that the company’s management believes its stock is undervalued.

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Several research firms have commented on POST. Vertical Research lowered shares of Post Holdings from a “buy” rating to a “hold” rating in a report on Tuesday, April 18th. Pivotal Research reissued a “buy” rating and issued a $105.00 target price (up from $95.00) on shares of Post Holdings in a report on Tuesday, April 18th. Zacks Investment Research raised shares of Post Holdings from a “hold” rating to a “buy” rating and set a $96.00 target price on the stock in a report on Friday, April 21st. Vertical Group lowered shares of Post Holdings from a “buy” rating to a “hold” rating in a report on Wednesday, April 19th. Finally, Stifel Nicolaus reissued a “buy” rating and issued a $90.00 target price on shares of Post Holdings in a report on Wednesday, April 19th. Four analysts have rated the stock with a hold rating, four have given a buy rating and one has given a strong buy rating to the company. The company has a consensus rating of “Buy” and an average target price of $96.00.

About Post Holdings

Post Holdings, Inc is a consumer packaged goods holding company. The Company operates through four segments, namely, Post Consumer Brands, Michael Foods Group, Active Nutrition and Private Brands. The Company’s Post Consumer Brands segment includes the Post Foods branded ready-to-eat cereal operations and the business of MOM Brands.

Institutional Ownership by Quarter for Post Holdings (NYSE:POST)

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