Comerica Bank decreased its holdings in Post Holdings Inc (NYSE:POST) by 1.6% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 42,658 shares of the company’s stock after selling 705 shares during the period. Comerica Bank’s holdings in Post were worth $4,619,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Morgan Stanley raised its position in Post by 109.2% during the third quarter. Morgan Stanley now owns 215,150 shares of the company’s stock valued at $21,093,000 after purchasing an additional 112,306 shares during the period. BlackRock Inc. raised its position in Post by 4.1% during the fourth quarter. BlackRock Inc. now owns 5,805,430 shares of the company’s stock valued at $517,437,000 after purchasing an additional 231,242 shares during the period. Gotham Asset Management LLC raised its position in Post by 5,113.8% during the fourth quarter. Gotham Asset Management LLC now owns 199,532 shares of the company’s stock valued at $17,784,000 after purchasing an additional 195,705 shares during the period. Smith Moore & CO. raised its position in Post by 10.4% during the fourth quarter. Smith Moore & CO. now owns 6,570 shares of the company’s stock valued at $586,000 after purchasing an additional 617 shares during the period. Finally, Massachusetts Financial Services Co. MA raised its position in Post by 1.2% during the fourth quarter. Massachusetts Financial Services Co. MA now owns 328,570 shares of the company’s stock valued at $29,286,000 after purchasing an additional 3,815 shares during the period. 95.19% of the stock is owned by hedge funds and other institutional investors.

In related news, Director Robert E. Grote sold 750 shares of the stock in a transaction that occurred on Thursday, March 7th. The stock was sold at an average price of $99.89, for a total value of $74,917.50. Following the transaction, the director now owns 6,950 shares of the company’s stock, valued at $694,235.50. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 8.10% of the stock is owned by corporate insiders.

POST has been the topic of a number of recent research reports. Wells Fargo & Co restated a “buy” rating on shares of Post in a research report on Wednesday, May 8th. Goldman Sachs Group raised Post from a “neutral” rating to a “buy” rating and upped their target price for the company from $107.00 to $134.00 in a research note on Monday, May 6th. Pivotal Research reaffirmed a “buy” rating and set a $125.00 target price on shares of Post in a research note on Friday, May 3rd. Zacks Investment Research raised Post from a “hold” rating to a “buy” rating and set a $121.00 target price on the stock in a research note on Thursday, April 4th. Finally, SunTrust Banks upped their target price on Post to $115.00 and gave the company a “buy” rating in a research note on Monday, February 4th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and nine have given a buy rating to the company’s stock. Post presently has an average rating of “Buy” and a consensus price target of $117.90.

POST opened at $107.29 on Thursday. The company has a market cap of $7.80 billion, a PE ratio of 26.30, a price-to-earnings-growth ratio of 2.99 and a beta of 0.23. Post Holdings Inc has a one year low of $75.01 and a one year high of $113.73. The company has a current ratio of 1.93, a quick ratio of 1.08 and a debt-to-equity ratio of 1.95.

Post (NYSE:POST) last released its earnings results on Thursday, May 2nd. The company reported $1.28 EPS for the quarter, beating analysts’ consensus estimates of $1.13 by $0.15. Post had a return on equity of 10.94% and a net margin of 4.15%. The firm had revenue of $1.39 billion for the quarter, compared to analysts’ expectations of $1.42 billion. During the same quarter in the prior year, the firm posted $1.06 earnings per share. The company’s quarterly revenue was down 12.5% on a year-over-year basis. As a group, equities research analysts predict that Post Holdings Inc will post 5.05 earnings per share for the current year.

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Post Company Profile

Post Holdings, Inc operates as a consumer packaged goods holding company in the United States and internationally. It operates through Post Consumer Brands, Weetabix, Refrigerated Food, and Active Nutrition segments. The Post Consumer Brands segment manufactures, markets, and sells branded and private label ready-to-eat (RTE) cereal and hot cereal products.

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Institutional Ownership by Quarter for Post (NYSE:POST)

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