BNP Paribas Financial Markets Has $6.44 Million Stake in Post Holdings, Inc. (NYSE:POST)

BNP Paribas Financial Markets trimmed its position in shares of Post Holdings, Inc. (NYSE:POST - Free Report) by 44.8% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 60,552 shares of the company's stock after selling 49,210 shares during the period. BNP Paribas Financial Markets owned about 0.10% of Post worth $6,435,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Dimensional Fund Advisors LP grew its holdings in Post by 9.0% in the fourth quarter. Dimensional Fund Advisors LP now owns 3,002,286 shares of the company's stock worth $264,382,000 after purchasing an additional 249,155 shares during the period. Norges Bank purchased a new stake in Post in the fourth quarter worth about $19,598,000. Wellington Management Group LLP grew its holdings in Post by 14.7% in the third quarter. Wellington Management Group LLP now owns 1,634,146 shares of the company's stock worth $140,112,000 after purchasing an additional 209,111 shares during the period. Verition Fund Management LLC grew its holdings in Post by 347.8% in the fourth quarter. Verition Fund Management LLC now owns 256,983 shares of the company's stock worth $22,630,000 after purchasing an additional 199,592 shares during the period. Finally, Redwood Investment Management LLC purchased a new stake in Post in the fourth quarter worth about $6,047,000. 94.85% of the stock is owned by institutional investors.

Post Stock Performance

Post stock traded up $1.56 during midday trading on Thursday, reaching $106.86. 595,929 shares of the company traded hands, compared to its average volume of 558,698. The firm has a market capitalization of $6.47 billion, a price-to-earnings ratio of 20.17 and a beta of 0.64. The business has a 50 day moving average of $104.43 and a two-hundred day moving average of $101.75. Post Holdings, Inc. has a 12 month low of $78.85 and a 12 month high of $108.17. The company has a debt-to-equity ratio of 1.61, a current ratio of 2.16 and a quick ratio of 1.20.

Post (NYSE:POST - Get Free Report) last issued its quarterly earnings data on Thursday, May 2nd. The company reported $1.51 earnings per share for the quarter, beating analysts' consensus estimates of $1.29 by $0.22. The company had revenue of $2 billion for the quarter, compared to the consensus estimate of $2.03 billion. Post had a net margin of 4.38% and a return on equity of 10.93%. The firm's revenue for the quarter was up 23.4% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.10 earnings per share. As a group, research analysts predict that Post Holdings, Inc. will post 5.61 earnings per share for the current year.

Analyst Upgrades and Downgrades

POST has been the topic of a number of recent research reports. Barclays upped their price objective on shares of Post from $115.00 to $120.00 and gave the stock an "overweight" rating in a report on Tuesday, May 7th. Stifel Nicolaus upped their price objective on shares of Post from $115.00 to $120.00 and gave the stock a "buy" rating in a report on Monday, May 6th. Finally, Evercore ISI increased their price target on shares of Post from $118.00 to $122.00 and gave the company an "outperform" rating in a report on Monday, May 6th. Two research analysts have rated the stock with a hold rating and five have given a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $113.67.

Insider Activity at Post

In other Post news, CEO Nicolas Catoggio sold 1,500 shares of the stock in a transaction that occurred on Tuesday, May 7th. The shares were sold at an average price of $105.62, for a total value of $158,430.00. Following the transaction, the chief executive officer now directly owns 73,492 shares in the company, valued at $7,762,225.04. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other Post news, CEO Nicolas Catoggio sold 1,500 shares of the stock in a transaction that occurred on Tuesday, May 7th. The shares were sold at an average price of $105.62, for a total value of $158,430.00. Following the transaction, the chief executive officer now directly owns 73,492 shares in the company, valued at $7,762,225.04. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Robert E. Grote sold 16,845 shares of the stock in a transaction that occurred on Wednesday, June 5th. The stock was sold at an average price of $104.58, for a total transaction of $1,761,650.10. Following the completion of the transaction, the director now owns 4,400 shares in the company, valued at $460,152. The disclosure for this sale can be found here. Insiders have sold a total of 22,345 shares of company stock worth $2,344,320 over the last quarter. Company insiders own 10.70% of the company's stock.

Post Profile

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.