New York State Teachers Retirement System Trims Holdings in Post Holdings, Inc. (NYSE:POST)

New York State Teachers Retirement System lessened its stake in Post Holdings, Inc. (NYSE:POST - Free Report) by 6.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 61,586 shares of the company's stock after selling 4,156 shares during the quarter. New York State Teachers Retirement System owned approximately 0.11% of Post worth $7,049,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Holocene Advisors LP increased its stake in shares of Post by 21.0% during the 3rd quarter. Holocene Advisors LP now owns 1,405,298 shares of the company's stock worth $162,663,000 after purchasing an additional 244,221 shares during the last quarter. Hennessy Advisors Inc. bought a new stake in Post in the 4th quarter valued at about $56,864,000. Victory Capital Management Inc. boosted its holdings in Post by 1.3% in the 3rd quarter. Victory Capital Management Inc. now owns 226,512 shares of the company's stock valued at $26,219,000 after purchasing an additional 2,879 shares during the period. Iridian Asset Management LLC CT lifted its stake in Post by 20.3% in the 4th quarter. Iridian Asset Management LLC CT now owns 206,013 shares of the company's stock valued at $23,580,000 after purchasing an additional 34,825 shares during the last quarter. Finally, EULAV Asset Management lifted its stake in Post by 23.3% in the 4th quarter. EULAV Asset Management now owns 203,000 shares of the company's stock valued at $23,235,000 after purchasing an additional 38,400 shares during the last quarter. 94.85% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several equities analysts have issued reports on POST shares. Wells Fargo & Company upped their price target on shares of Post from $116.00 to $122.00 and gave the company an "equal weight" rating in a research report on Monday, February 10th. Piper Sandler increased their price objective on shares of Post from $120.00 to $140.00 and gave the stock an "overweight" rating in a research report on Monday, February 10th. Finally, Evercore ISI increased their price objective on shares of Post from $123.00 to $126.00 and gave the stock an "outperform" rating in a research report on Monday, November 18th. One equities research analyst has rated the stock with a hold rating and five have given a buy rating to the company. Based on data from MarketBeat, Post currently has a consensus rating of "Moderate Buy" and an average price target of $127.17.

Insider Buying and Selling

In other news, COO Jeff A. Zadoks sold 28,969 shares of the stock in a transaction that occurred on Wednesday, November 27th. The shares were sold at an average price of $119.96, for a total value of $3,475,121.24. Following the transaction, the chief operating officer now owns 67,788 shares in the company, valued at $8,131,848.48. This represents a 29.94 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director David W. Kemper sold 8,939 shares of the stock in a transaction that occurred on Tuesday, February 11th. The stock was sold at an average price of $110.75, for a total transaction of $989,994.25. Following the completion of the transaction, the director now owns 29,722 shares in the company, valued at $3,291,711.50. This trade represents a 23.12 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 44,908 shares of company stock valued at $5,312,045 over the last three months. 11.40% of the stock is owned by company insiders.

Post Price Performance

NYSE:POST traded up $1.09 during mid-day trading on Friday, hitting $115.86. 200,077 shares of the stock traded hands, compared to its average volume of 552,856. The business's 50-day moving average price is $110.50 and its 200 day moving average price is $112.94. The company has a market cap of $6.54 billion, a PE ratio of 19.08 and a beta of 0.65. Post Holdings, Inc. has a 12-month low of $99.62 and a 12-month high of $125.84. The company has a quick ratio of 1.64, a current ratio of 2.39 and a debt-to-equity ratio of 1.78.

Post (NYSE:POST - Get Free Report) last announced its earnings results on Thursday, February 6th. The company reported $1.73 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.49 by $0.24. Post had a net margin of 4.94% and a return on equity of 10.48%. On average, analysts expect that Post Holdings, Inc. will post 6.41 EPS for the current fiscal year.

About Post

Post Holdings, Inc operates as a consumer packaged goods holding company in the United States and internationally. It operates through four segments: Post Consumer Brands, Weetabix, Foodservice, and Refrigerated Retail. The Post Consumer Brands segment manufactures, markets, and sells branded and private label ready-to-eat (RTE) cereals under Honey Bunches of Oats, Pebbles, and Malt-O-Meal brand names; hot cereal; peanut butter under the Peter Pan brand; and branded and private label dog and cat food products under Rachael Ray Nutrish, Nature's Recipe, 9Lives, Kibbles 'n Bits and Gravy Train brand names.