Mutual of America Capital Management LLC Reduces Stake in Post Holdings, Inc. (NYSE:POST)

Mutual of America Capital Management LLC reduced its position in Post Holdings, Inc. (NYSE:POST) by 4.9% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 31,462 shares of the company’s stock after selling 1,633 shares during the period. Mutual of America Capital Management LLC owned approximately 0.05% of Post worth $2,771,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently modified their holdings of the company. Nordea Investment Management AB purchased a new position in shares of Post in the 4th quarter worth $4,698,000. Wedge Capital Management L L P NC boosted its stake in shares of Post by 1,086.7% in the 3rd quarter. Wedge Capital Management L L P NC now owns 354,858 shares of the company’s stock worth $30,426,000 after buying an additional 324,956 shares during the last quarter. Duality Advisers LP purchased a new position in shares of Post in the 3rd quarter worth $416,000. Anderson Hoagland & Co. boosted its stake in shares of Post by 15.6% in the 4th quarter. Anderson Hoagland & Co. now owns 38,794 shares of the company’s stock worth $3,605,000 after buying an additional 5,241 shares during the last quarter. Finally, Panagora Asset Management Inc. boosted its stake in shares of Post by 39.6% in the 3rd quarter. Panagora Asset Management Inc. now owns 5,786 shares of the company’s stock worth $496,000 after buying an additional 1,640 shares during the last quarter. 94.85% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Post

In other news, Director Thomas C. Erb bought 1,000 shares of Post stock in a transaction dated Wednesday, February 7th. The shares were purchased at an average cost of $104.24 per share, with a total value of $104,240.00. Following the completion of the acquisition, the director now owns 33,475 shares of the company’s stock, valued at approximately $3,489,434. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. In other news, CAO Diedre J. Gray sold 7,297 shares of Post stock in a transaction dated Monday, February 12th. The stock was sold at an average price of $104.51, for a total value of $762,609.47. Following the sale, the chief accounting officer now directly owns 51,073 shares of the company’s stock, valued at $5,337,639.23. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Thomas C. Erb bought 1,000 shares of Post stock in a transaction dated Wednesday, February 7th. The stock was purchased at an average cost of $104.24 per share, for a total transaction of $104,240.00. Following the completion of the acquisition, the director now directly owns 33,475 shares of the company’s stock, valued at approximately $3,489,434. The disclosure for this purchase can be found here. Insiders own 10.70% of the company’s stock.

Post Price Performance

Shares of Post stock opened at $102.91 on Friday. The stock’s 50-day simple moving average is $104.09 and its 200-day simple moving average is $93.40. Post Holdings, Inc. has a 52 week low of $78.85 and a 52 week high of $107.67. The company has a market capitalization of $6.24 billion, a price-to-earnings ratio of 21.99 and a beta of 0.66. The company has a quick ratio of 1.00, a current ratio of 1.99 and a debt-to-equity ratio of 1.60.

Post (NYSE:POST) last announced its quarterly earnings data on Thursday, February 1st. The company reported $1.69 EPS for the quarter, beating the consensus estimate of $1.07 by $0.62. Post had a return on equity of 10.51% and a net margin of 4.03%. The business had revenue of $1.97 billion for the quarter, compared to the consensus estimate of $1.92 billion. As a group, analysts expect that Post Holdings, Inc. will post 5.52 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several equities analysts recently weighed in on POST shares. Mizuho lifted their target price on Post from $110.00 to $128.00 and gave the company a “buy” rating in a research report on Monday, February 5th. Barclays lifted their target price on Post from $105.00 to $115.00 and gave the company an “overweight” rating in a research report on Tuesday, February 6th. Finally, Stifel Nicolaus lifted their target price on Post from $98.00 to $115.00 and gave the company a “buy” rating in a research report on Monday, February 5th. Two research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $109.67.

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.