Post Holdings, Inc. $POST Shares Sold by Adams Diversified Equity Fund Inc.

Adams Diversified Equity Fund Inc. lowered its stake in shares of Post Holdings, Inc. (NYSE:POST) by 5.1% during the fourth quarter, Holdings Channel reports. The fund owned 105,300 shares of the company’s stock after selling 5,700 shares during the quarter. Adams Diversified Equity Fund Inc.’s holdings in Post were worth $10,430,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in the stock. Larson Financial Group LLC boosted its stake in shares of Post by 62.8% during the fourth quarter. Larson Financial Group LLC now owns 267 shares of the company’s stock valued at $26,000 after acquiring an additional 103 shares during the last quarter. Argonautica Private Wealth Management Inc. lifted its position in Post by 4.4% during the fourth quarter. Argonautica Private Wealth Management Inc. now owns 2,603 shares of the company’s stock worth $258,000 after buying an additional 109 shares during the period. Northwestern Mutual Wealth Management Co. lifted its position in Post by 119.5% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 248 shares of the company’s stock worth $27,000 after buying an additional 135 shares during the period. Aviso Financial Inc. lifted its position in Post by 1.4% during the third quarter. Aviso Financial Inc. now owns 10,020 shares of the company’s stock worth $1,077,000 after buying an additional 140 shares during the period. Finally, Advisory Services Network LLC lifted its position in Post by 3.0% during the second quarter. Advisory Services Network LLC now owns 5,740 shares of the company’s stock worth $607,000 after buying an additional 166 shares during the period. Institutional investors and hedge funds own 94.85% of the company’s stock.

More Post News

Here are the key news stories impacting Post this week:

• Neutral Sentiment: No fresh company-specific catalyst appeared in the latest headlines, so POST is likely moving on residual reaction to its recent earnings beat and general market sentiment.
• Neutral Sentiment: Post’s prior quarter showed better-than-expected earnings, which may be helping support the stock despite revenue coming in slightly below consensus.
• Neutral Sentiment: With the shares still below key moving averages, investors may be waiting for either stronger guidance or another operational catalyst before re-rating the stock higher.

Analyst Ratings Changes

POST has been the topic of several recent analyst reports. Wells Fargo & Company reduced their target price on Post from $120.00 to $110.00 and set an “equal weight” rating on the stock in a research report on Wednesday, April 8th. Barclays reduced their target price on Post from $127.00 to $119.00 and set an “overweight” rating on the stock in a research report on Tuesday, April 14th. Weiss Ratings downgraded Post from a “hold (c)” rating to a “hold (c-)” rating in a research report on Monday, June 8th. Wall Street Zen downgraded Post from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th. Finally, JPMorgan Chase & Co. reduced their target price on Post from $133.00 to $119.00 and set an “overweight” rating on the stock in a research report on Monday, April 20th. Four analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $119.40.

Post Stock Performance

Post stock opened at $93.40 on Friday. The stock’s 50-day moving average is $98.97 and its 200-day moving average is $100.44. The company has a market cap of $4.23 billion, a price-to-earnings ratio of 15.72 and a beta of 0.38. The company has a debt-to-equity ratio of 2.38, a current ratio of 1.85 and a quick ratio of 1.03. Post Holdings, Inc. has a 12 month low of $86.85 and a 12 month high of $117.28.

Post (NYSE:POST) last released its quarterly earnings data on Thursday, May 7th. The company reported $1.94 EPS for the quarter, topping analysts’ consensus estimates of $1.73 by $0.21. The company had revenue of $2.04 billion for the quarter, compared to the consensus estimate of $2.08 billion. Post had a return on equity of 13.36% and a net margin of 4.01%.The company’s quarterly revenue was up 4.7% compared to the same quarter last year. During the same period last year, the business posted $1.41 EPS. Equities analysts anticipate that Post Holdings, Inc. will post 7.58 earnings per share for the current year.

Insider Activity at Post

In other news, Director Gregory L. Curl sold 6,186 shares of the firm’s stock in a transaction dated Wednesday, May 13th. The stock was sold at an average price of $105.05, for a total value of $649,839.30. Following the transaction, the director directly owned 15,107 shares in the company, valued at $1,586,990.35. This trade represents a 29.05% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 14.05% of the stock is currently owned by company insiders.

Post Company Profile

Post Holdings, Inc is a consumer packaged goods company that operates as a holding company for a diverse portfolio of food and beverage brands. The company’s principal activities include the production, marketing and distribution of ready-to-eat cereal, refrigerated and frozen foods, and nutritional beverages. Through its operating segments—Post Consumer Brands, Foodservice, Refrigerated Side Dishes & Bakery, and Active Nutrition—Post Holdings delivers a broad array of products to retail grocers, convenience stores, foodservice operators and e-commerce channels.

The Post Consumer Brands segment features a variety of hot and cold cereals under names such as Honey Bunches of Oats, Shredded Wheat and Pebbles.