Teacher Retirement System of Texas Acquires 10,297 Shares of Post Holdings, Inc. (NYSE:POST)

Teacher Retirement System of Texas increased its holdings in shares of Post Holdings, Inc. (NYSE:POST) by 52.4% in the fourth quarter, Holdings Channel.com reports. The fund owned 29,961 shares of the company’s stock after buying an additional 10,297 shares during the quarter. Teacher Retirement System of Texas’ holdings in Post were worth $3,429,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of POST. Holocene Advisors LP lifted its position in shares of Post by 21.0% during the third 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. purchased a new stake in Post in the 4th quarter valued at about $56,864,000. Raymond James Financial Inc. bought a new position in Post in the 4th quarter worth about $36,751,000. Charles Schwab Investment Management Inc. increased its position in shares of Post by 0.3% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 320,585 shares of the company’s stock worth $36,694,000 after acquiring an additional 964 shares during the period. Finally, Victory Capital Management Inc. raised its stake in shares of Post by 4.8% during the fourth quarter. Victory Capital Management Inc. now owns 237,279 shares of the company’s stock valued at $27,159,000 after acquiring an additional 10,767 shares in the last quarter. Hedge funds and other institutional investors own 94.85% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on POST shares. Piper Sandler increased their price objective on Post from $120.00 to $140.00 and gave the stock an “overweight” rating in a research note on Monday, February 10th. Wells Fargo & Company raised their price target on Post from $116.00 to $122.00 and gave the company an “equal weight” rating in a research note on Monday, February 10th. One research analyst has rated the stock with a hold rating and five have issued a buy rating to the company. According to MarketBeat.com, Post presently has a consensus rating of “Moderate Buy” and a consensus target price of $127.17.

Insiders Place Their Bets

In related news, SVP Bradly A. Harper sold 2,000 shares of the business’s stock in a transaction on Tuesday, March 4th. The stock was sold at an average price of $114.59, for a total transaction of $229,180.00. Following the transaction, the senior vice president now directly owns 8,741 shares in the company, valued at $1,001,631.19. The trade was a 18.62 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director David W. Kemper sold 8,939 shares of the company’s stock in a transaction dated Tuesday, February 11th. The shares were sold at an average price of $110.75, for a total value of $989,994.25. Following the transaction, the director now directly owns 29,722 shares in the company, valued at $3,291,711.50. This represents a 23.12 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 36,096 shares of company stock valued at $4,129,355. 11.40% of the stock is currently owned by insiders.

Post Trading Down 0.0 %

Shares of NYSE POST opened at $111.52 on Tuesday. The business has a fifty day moving average price of $110.80 and a 200 day moving average price of $112.75. Post Holdings, Inc. has a 1-year low of $99.62 and a 1-year high of $125.84. The company has a debt-to-equity ratio of 1.78, a current ratio of 2.39 and a quick ratio of 1.64. The stock has a market capitalization of $6.30 billion, a P/E ratio of 18.37 and a beta of 0.65.

Post (NYSE:POST) last released its quarterly earnings results on Thursday, February 6th. The company reported $1.73 earnings per share for the quarter, beating analysts’ consensus estimates of $1.49 by $0.24. Post had a net margin of 4.94% and a return on equity of 10.48%. Equities research analysts expect that Post Holdings, Inc. will post 6.41 EPS for the current fiscal year.

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.