London Co. of Virginia Reduces Position in Post Holdings, Inc. $POST

London Co. of Virginia trimmed its position in shares of Post Holdings, Inc. (NYSE:POST) by 6.9% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,476,638 shares of the company’s stock after selling 109,995 shares during the period. London Co. of Virginia’s holdings in Post were worth $145,981,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in POST. Caitong International Asset Management Co. Ltd bought a new stake in Post in the third quarter worth about $26,000. Northwestern Mutual Wealth Management Co. grew its stake in shares of Post by 119.5% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 248 shares of the company’s stock valued at $27,000 after buying an additional 135 shares during the last quarter. Larson Financial Group LLC raised its holdings in shares of Post by 62.8% in the fourth quarter. Larson Financial Group LLC now owns 267 shares of the company’s stock worth $26,000 after buying an additional 103 shares during the period. Summit Securities Group LLC purchased a new stake in shares of Post in the first quarter worth approximately $28,000. Finally, Highlander Partners L.P. bought a new stake in shares of Post during the 4th quarter worth approximately $33,000. 94.85% of the stock is owned by hedge funds and other institutional investors.

Post Stock Up 1.1%

Shares of NYSE:POST opened at $91.17 on Friday. Post Holdings, Inc. has a 52-week low of $83.89 and a 52-week high of $117.28. The stock has a market cap of $4.13 billion, a P/E ratio of 15.35 and a beta of 0.39. The business’s 50 day moving average is $90.85 and its 200 day moving average is $98.14. The company has a quick ratio of 1.03, a current ratio of 1.85 and a debt-to-equity ratio of 2.38.

Post (NYSE:POST) last released its quarterly earnings data on Thursday, May 7th. The company reported $1.94 EPS for the quarter, topping the consensus estimate of $1.73 by $0.21. The company had revenue of $2.04 billion for the quarter, compared to the consensus estimate of $2.08 billion. Post had a return on equity of 13.36% and a net margin of 4.01%.Post’s quarterly revenue was up 4.7% on a year-over-year basis. During the same period last year, the business posted $1.41 EPS. Sell-side analysts predict that Post Holdings, Inc. will post 7.57 EPS for the current year.

Insider Activity

In other news, Director Gregory L. Curl sold 6,186 shares of the firm’s stock in a transaction on Wednesday, May 13th. The stock was sold at an average price of $105.05, for a total transaction of $649,839.30. Following the transaction, the director owned 15,107 shares in the company, valued at approximately $1,586,990.35. This trade represents a 29.05% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Insiders own 14.05% of the company’s stock.

Trending Headlines about Post

Here are the key news stories impacting Post this week:

• Positive Sentiment: Post recently reported quarterly EPS of $1.94, topping analyst expectations of $1.73, while revenue grew 4.7% year over year, signaling solid underlying demand and better-than-expected profitability.
• Neutral Sentiment: The company’s revenue came in slightly below estimates, and margins remain something investors may continue to monitor, but the latest results still pointed to resilient operating performance.
• Neutral Sentiment: Analysts currently expect Post Holdings to generate $7.57 in EPS for the full year, which suggests the market may be focusing on execution versus guidance rather than a major change in the outlook.

Analyst Ratings Changes

A number of equities analysts recently issued reports on the company. Evercore restated an “outperform” rating and set a $128.00 price objective on shares of Post in a report on Thursday. JPMorgan Chase & Co. reduced their target price on Post from $119.00 to $116.00 and set an “overweight” rating on the stock in a research note on Monday, July 20th. Wall Street Zen downgraded Post from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th. Barclays lowered their target price on shares of Post from $119.00 to $106.00 and set an “overweight” rating for the company in a research note on Tuesday. Finally, Weiss Ratings cut shares of Post from a “hold (c)” rating to a “hold (c-)” rating in a report on Monday, June 8th. Four analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat, Post has a consensus rating of “Moderate Buy” and an average target price of $113.60.

Post Company Profile

Post Holdings, Inc is a consumer packaged goods company that operates as a holding company for a diverse portfolio of food and beverage brands. The company’s principal activities include the production, marketing and distribution of ready-to-eat cereal, refrigerated and frozen foods, and nutritional beverages. Through its operating segments—Post Consumer Brands, Foodservice, Refrigerated Side Dishes & Bakery, and Active Nutrition—Post Holdings delivers a broad array of products to retail grocers, convenience stores, foodservice operators and e-commerce channels.

The Post Consumer Brands segment features a variety of hot and cold cereals under names such as Honey Bunches of Oats, Shredded Wheat and Pebbles.