Public Employees Retirement System of Ohio trimmed its stake in shares of Post Holdings, Inc. (NYSE:POST) by 1.3% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 28,408 shares of the company’s stock after selling 378 shares during the quarter. Public Employees Retirement System of Ohio’s holdings in Post Holdings were worth $2,206,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other institutional investors and hedge funds also recently bought and sold shares of POST. IndexIQ Advisors LLC lifted its holdings in Post Holdings by 0.3% in the 2nd quarter. IndexIQ Advisors LLC now owns 1,485 shares of the company’s stock worth $115,000 after buying an additional 4 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in Post Holdings by 9.5% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,194 shares of the company’s stock worth $170,000 after buying an additional 190 shares during the period. Virtu KCG Holdings LLC purchased a new stake in Post Holdings in the 2nd quarter worth approximately $208,000. Janus Henderson Group PLC purchased a new stake in Post Holdings in the 2nd quarter worth approximately $210,000. Finally, Dorsey & Whitney Trust CO LLC lifted its holdings in Post Holdings by 2.2% in the 2nd quarter. Dorsey & Whitney Trust CO LLC now owns 2,744 shares of the company’s stock worth $213,000 after buying an additional 60 shares during the period.
Several research firms have weighed in on POST. BidaskClub cut Post Holdings from a “sell” rating to a “strong sell” rating in a report on Wednesday. Zacks Investment Research upgraded Post Holdings from a “hold” rating to a “buy” rating and set a $92.00 price objective for the company in a report on Saturday, October 28th. BMO Capital Markets upgraded Post Holdings from a “market perform” rating to an “outperform” rating and set a $106.00 price objective for the company in a report on Wednesday, September 20th. Pivotal Research reiterated a “buy” rating and issued a $105.00 price objective on shares of Post Holdings in a report on Wednesday, September 20th. Finally, Wells Fargo & Company increased their price objective on Post Holdings from $96.00 to $106.00 and gave the stock an “outperform” rating in a report on Wednesday, October 4th. One research analyst has rated the stock with a sell rating, two have given a hold rating and seven have issued a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus price target of $101.83.
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Post Holdings (NYSE:POST) last announced its quarterly earnings data on Thursday, August 3rd. The company reported $0.63 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.61 by $0.02. Post Holdings had a positive return on equity of 6.53% and a negative net margin of 0.06%. The company had revenue of $1.27 billion for the quarter, compared to analysts’ expectations of $1.25 billion. During the same quarter in the prior year, the firm earned $0.62 earnings per share. Post Holdings’s revenue was up 2.1% compared to the same quarter last year.
Post Holdings Company Profile
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.
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