Texas Permanent School Fund Corp Acquires 5,996 Shares of Post Holdings, Inc. (NYSE:POST)

Texas Permanent School Fund Corp boosted its holdings in shares of Post Holdings, Inc. (NYSE:POST - Free Report) by 13.7% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 49,916 shares of the company's stock after purchasing an additional 5,996 shares during the period. Texas Permanent School Fund Corp owned about 0.08% of Post worth $5,199,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in POST. Victory Capital Management Inc. lifted its holdings in shares of Post by 19.7% during the fourth quarter. Victory Capital Management Inc. now owns 10,653 shares of the company's stock valued at $938,000 after acquiring an additional 1,750 shares during the period. M&T Bank Corp grew its stake in Post by 4.9% during the fourth quarter. M&T Bank Corp now owns 3,139 shares of the company's stock worth $277,000 after buying an additional 146 shares during the last quarter. Charles Schwab Investment Management Inc. increased its holdings in shares of Post by 1.3% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 335,625 shares of the company's stock worth $29,555,000 after buying an additional 4,439 shares in the last quarter. Principal Securities Inc. bought a new position in shares of Post in the fourth quarter valued at approximately $93,000. Finally, BNP Paribas Financial Markets raised its stake in shares of Post by 82.1% in the fourth quarter. BNP Paribas Financial Markets now owns 109,762 shares of the company's stock valued at $9,666,000 after acquiring an additional 49,471 shares during the last quarter. Institutional investors own 94.85% of the company's stock.

Post Trading Up 0.9 %

Post stock traded up $1.06 during mid-day trading on Friday, hitting $115.48. The stock had a trading volume of 491,844 shares, compared to its average volume of 534,755. The stock has a 50-day simple moving average of $111.96 and a two-hundred day simple moving average of $106.91. The company has a current ratio of 2.05, a quick ratio of 1.12 and a debt-to-equity ratio of 1.62. The stock has a market capitalization of $6.75 billion, a PE ratio of 22.12 and a beta of 0.63. Post Holdings, Inc. has a 12 month low of $78.85 and a 12 month high of $118.96.

Post (NYSE:POST - Get Free Report) last issued its quarterly earnings results on Thursday, August 1st. The company reported $1.54 EPS for the quarter, topping the consensus estimate of $1.21 by $0.33. Post had a net margin of 4.46% and a return on equity of 10.91%. The company had revenue of $1.95 billion during the quarter, compared to analysts' expectations of $2.02 billion. During the same quarter in the previous year, the company earned $1.52 EPS. Post's revenue was up 4.7% on a year-over-year basis. As a group, sell-side analysts forecast that Post Holdings, Inc. will post 5.95 EPS for the current year.

Insider Activity at Post

In other news, Director Thomas C. Erb purchased 2,000 shares of the business's stock in a transaction that occurred on Tuesday, August 13th. The shares were acquired at an average cost of $112.94 per share, for a total transaction of $225,880.00. Following the transaction, the director now directly owns 35,475 shares of the company's stock, valued at approximately $4,006,546.50. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 10.70% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

POST has been the topic of a number of research analyst reports. Evercore ISI increased their price target on Post from $122.00 to $123.00 and gave the stock an "outperform" rating in a research report on Monday, August 5th. Stifel Nicolaus increased their target price on Post from $120.00 to $130.00 and gave the stock a "buy" rating in a report on Monday, August 5th. JPMorgan Chase & Co. upped their price target on shares of Post from $118.00 to $125.00 and gave the stock an "overweight" rating in a research report on Tuesday, August 6th. Finally, Wells Fargo & Company raised their price objective on shares of Post from $108.00 to $120.00 and gave the company an "equal weight" rating in a research report on Monday, August 5th. Two investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $124.33.

Post Company 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.