Post Holdings, Inc. $POST Shares Sold by Gabelli Funds LLC

Gabelli Funds LLC reduced its position in Post Holdings, Inc. (NYSE:POST) by 3.7% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 186,060 shares of the company’s stock after selling 7,100 shares during the quarter. Gabelli Funds LLC owned about 0.41% of Post worth $18,394,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in POST. Larson Financial Group LLC increased its stake in Post by 62.8% during the fourth quarter. Larson Financial Group LLC now owns 267 shares of the company’s stock worth $26,000 after acquiring an additional 103 shares during the last quarter. Argonautica Private Wealth Management Inc. raised its holdings in shares of Post by 4.4% in the 4th quarter. Argonautica Private Wealth Management Inc. now owns 2,603 shares of the company’s stock worth $258,000 after purchasing an additional 109 shares during the period. Northwestern Mutual Wealth Management Co. lifted its stake in shares of Post by 119.5% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 248 shares of the company’s stock valued at $27,000 after purchasing an additional 135 shares in the last quarter. Rockefeller Capital Management L.P. lifted its stake in shares of Post by 7.5% in the 4th quarter. Rockefeller Capital Management L.P. now owns 2,056 shares of the company’s stock valued at $204,000 after purchasing an additional 143 shares in the last quarter. Finally, Venturi Wealth Management LLC grew its holdings in shares of Post by 7.2% during the 1st quarter. Venturi Wealth Management LLC now owns 2,414 shares of the company’s stock worth $239,000 after purchasing an additional 162 shares during the period. Institutional investors and hedge funds own 94.85% of the company’s stock.

Trending Headlines about Post

Here are the key news stories impacting Post this week:

• Positive Sentiment: Post recently reported quarterly EPS of $1.94, topping analyst expectations of $1.73, while revenue grew 4.7% year over year, signaling solid underlying demand and better-than-expected profitability.
• Neutral Sentiment: The company’s revenue came in slightly below estimates, and margins remain something investors may continue to monitor, but the latest results still pointed to resilient operating performance.
• Neutral Sentiment: Analysts currently expect Post Holdings to generate $7.57 in EPS for the full year, which suggests the market may be focusing on execution versus guidance rather than a major change in the outlook.

Post Stock Up 1.1%

NYSE POST opened at $91.17 on Friday. The stock has a market cap of $4.13 billion, a PE ratio of 15.35 and a beta of 0.39. Post Holdings, Inc. has a fifty-two week low of $83.89 and a fifty-two week high of $117.28. The business has a 50 day moving average price of $90.85 and a two-hundred day moving average price of $98.14. The company has a quick ratio of 1.03, a current ratio of 1.85 and a debt-to-equity ratio of 2.38.

Post (NYSE:POST) last issued its quarterly earnings data on Thursday, May 7th. The company reported $1.94 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.73 by $0.21. The company had revenue of $2.04 billion during the quarter, compared to the consensus estimate of $2.08 billion. Post had a net margin of 4.01% and a return on equity of 13.36%. Post’s revenue for the quarter was up 4.7% on a year-over-year basis. During the same quarter last year, the company earned $1.41 earnings per share. As a group, sell-side analysts predict that Post Holdings, Inc. will post 7.57 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

POST has been the subject of a number of research analyst reports. Barclays dropped their target price on shares of Post from $119.00 to $106.00 and set an “overweight” rating for the company in a research report on Tuesday. BTIG Research started coverage on shares of Post in a research note on Monday, April 13th. They set a “neutral” rating for the company. JPMorgan Chase & Co. dropped their price objective on shares of Post from $119.00 to $116.00 and set an “overweight” rating for the company in a research report on Monday, July 20th. Wall Street Zen downgraded shares of Post from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. Finally, Wells Fargo & Company reduced their target price on shares of Post from $110.00 to $98.00 and set an “equal weight” rating on the stock in a report on Wednesday, July 8th. Four investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, Post has a consensus rating of “Moderate Buy” and an average target price of $113.60.

Insider Buying and Selling at Post

In related news, Director Gregory L. Curl sold 6,186 shares of the firm’s stock in a transaction on Wednesday, May 13th. The shares were sold at an average price of $105.05, for a total transaction of $649,839.30. Following the completion of the sale, the director directly owned 15,107 shares of the company’s stock, valued at approximately $1,586,990.35. This trade represents a 29.05% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 14.05% of the company’s stock.

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.