Post Holdings, Inc. (POST) Stake Cut by Nuveen Asset Management LLC
Nuveen Asset Management LLC lowered its position in shares of Post Holdings, Inc. (NYSE:POST) by 23.5% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 18,952 shares of the company’s stock after selling 5,807 shares during the period. Nuveen Asset Management LLC’s holdings in Post Holdings were worth $1,659,000 at the end of the most recent quarter.
A number of other institutional investors have also recently made changes to their positions in the stock. Profund Advisors LLC boosted its position in shares of Post Holdings by 3.4% in the first quarter. Profund Advisors LLC now owns 9,141 shares of the company’s stock worth $800,000 after buying an additional 303 shares during the period. First Manhattan Co. boosted its position in shares of Post Holdings by 10.7% in the first quarter. First Manhattan Co. now owns 3,527 shares of the company’s stock worth $272,000 after buying an additional 340 shares during the period. James Investment Research Inc. purchased a new position in shares of Post Holdings during the first quarter worth approximately $365,000. Louisiana State Employees Retirement System boosted its position in shares of Post Holdings by 1.3% in the first quarter. Louisiana State Employees Retirement System now owns 16,200 shares of the company’s stock worth $1,418,000 after buying an additional 200 shares during the period. Finally, Atria Investments LLC purchased a new position in shares of Post Holdings during the first quarter worth approximately $359,000.
Post Holdings, Inc. (NYSE POST) opened at 80.26 on Monday. The company’s 50-day moving average price is $80.63 and its 200-day moving average price is $82.86. Post Holdings, Inc. has a one year low of $68.76 and a one year high of $89.04. The stock has a market capitalization of $5.32 billion, a PE ratio of 119.43 and a beta of 0.09.
Post Holdings (NYSE:POST) last announced its quarterly earnings results on Monday, May 8th. The company reported $0.55 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.60 by $0.05. The firm had revenue of $1.26 billion for the quarter, compared to analyst estimates of $1.26 billion. Post Holdings had a return on equity of 6.40% and a net margin of 1.20%. The business’s revenue was down 1.2% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.87 earnings per share. Equities research analysts predict that Post Holdings, Inc. will post $2.55 EPS for the current year.
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A number of equities analysts recently commented on the company. Zacks Investment Research cut Post Holdings from a “buy” rating to a “hold” rating in a report on Tuesday, April 11th. Vertical Research cut Post Holdings from a “buy” rating to a “hold” rating in a report on Tuesday, April 18th. Pivotal Research restated a “buy” rating and set a $105.00 target price (up from $95.00) on shares of Post Holdings in a report on Tuesday, April 18th. Vertical Group cut Post Holdings from a “buy” rating to a “hold” rating in a report on Wednesday, April 19th. Finally, Stifel Nicolaus restated a “buy” rating and set a $90.00 target price on shares of Post Holdings in a report on Wednesday, April 19th. Four investment analysts have rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company. The stock currently has a consensus rating of “Buy” and an average target price of $93.75.
About Post Holdings
Post Holdings, Inc is a consumer packaged goods holding company. The Company operates through four segments, namely, Post Consumer Brands, Michael Foods Group, Active Nutrition and Private Brands. The Company’s Post Consumer Brands segment includes the Post Foods branded ready-to-eat cereal operations and the business of MOM Brands.
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