Natixis Advisors LLC lessened its holdings in Post Holdings, Inc. (NYSE:POST – Free Report) by 5.7% during the fourth quarter, Holdings Channel.com reports. The firm owned 166,860 shares of the company’s stock after selling 10,179 shares during the quarter. Natixis Advisors LLC’s holdings in Post were worth $16,528,000 at the end of the most recent quarter.
A number of other hedge funds have also recently modified their holdings of the company. Larson Financial Group LLC increased its position in shares of Post by 62.8% in 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 period. Northwestern Mutual Wealth Management Co. increased its position in shares of Post by 119.5% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 248 shares of the company’s stock valued at $27,000 after acquiring an additional 135 shares during the period. Aviso Financial Inc. increased its position in shares of Post by 1.4% in the third quarter. Aviso Financial Inc. now owns 10,020 shares of the company’s stock valued at $1,077,000 after acquiring an additional 140 shares during the period. Advisory Services Network LLC increased its position in shares of Post by 3.0% in the second quarter. Advisory Services Network LLC now owns 5,740 shares of the company’s stock valued at $607,000 after acquiring an additional 166 shares during the period. Finally, Anderson Hoagland & Co. increased its position in shares of Post by 0.7% in the fourth quarter. Anderson Hoagland & Co. now owns 25,109 shares of the company’s stock valued at $2,487,000 after acquiring an additional 178 shares during the period. Hedge funds and other institutional investors own 94.85% of the company’s stock.
Insider Buying and Selling
In related news, Director Gregory L. Curl sold 6,186 shares of the business’s stock in a transaction dated Wednesday, May 13th. The shares were sold at an average price of $105.05, for a total transaction of $649,839.30. Following the sale, the director owned 15,107 shares of the company’s stock, valued at $1,586,990.35. The trade was a 29.05% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 14.05% of the stock is owned by insiders.
Post Trading Up 2.2%
Post (NYSE:POST – Get Free Report) last announced its earnings results on Thursday, May 7th. The company reported $1.94 earnings per share for the quarter, beating analysts’ consensus estimates of $1.73 by $0.21. The firm had revenue of $2.04 billion for the quarter, compared to analyst estimates of $2.08 billion. Post had a net margin of 4.01% and a return on equity of 13.36%. The company’s revenue for the quarter was up 4.7% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.41 EPS. Sell-side analysts anticipate that Post Holdings, Inc. will post 7.58 EPS for the current year.
Key Stories Impacting Post
Here are the key news stories impacting Post this week:
- Positive Sentiment: Post Holdings reported quarterly EPS of $1.94, topping the $1.73 consensus estimate, and revenue rose 4.7% year over year, indicating the business is still growing. Post stock price and earnings data
- Neutral Sentiment: The company’s revenue of $2.04 billion missed Wall Street’s $2.08 billion forecast, which tempers the otherwise strong earnings headline. Post stock price and earnings data
- Neutral Sentiment: POST is trading well below its 50-day and 200-day moving averages, suggesting the stock is still working through a broader valuation reset despite the earnings beat. Post stock price and performance data
Wall Street Analyst Weigh In
POST has been the topic of a number of analyst reports. Zacks Research upgraded shares of Post from a “strong sell” rating to a “hold” rating in a research report on Monday, February 9th. Wall Street Zen cut shares of Post from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th. Weiss Ratings upgraded shares of Post from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Friday, February 6th. JPMorgan Chase & Co. cut their target price on shares of Post from $133.00 to $119.00 and set an “overweight” rating on the stock in a research note on Monday, April 20th. Finally, BTIG Research initiated coverage on shares of Post in a research note on Monday, April 13th. They set a “neutral” rating on the stock. Five equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat, Post presently has an average rating of “Moderate Buy” and a consensus price target of $124.50.
View Our Latest Analysis on POST
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.
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