Teachers Retirement System of The State of Kentucky Sells 440 Shares of Post Holdings, Inc. (NYSE:POST)

Teachers Retirement System of The State of Kentucky reduced its holdings in Post Holdings, Inc. (NYSE:POST) by 2.4% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 18,010 shares of the company’s stock after selling 440 shares during the quarter. Teachers Retirement System of The State of Kentucky’s holdings in Post were worth $2,085,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in the business. Dimensional Fund Advisors LP boosted its holdings in Post by 0.9% in the second quarter. Dimensional Fund Advisors LP now owns 3,063,104 shares of the company’s stock valued at $319,052,000 after acquiring an additional 27,448 shares in the last quarter. Holocene Advisors LP lifted its position in shares of Post by 21.0% in the 3rd 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 period. Point72 Asset Management L.P. lifted its position in shares of Post by 51.4% in the 2nd quarter. Point72 Asset Management L.P. now owns 1,237,165 shares of the company’s stock worth $128,863,000 after purchasing an additional 419,945 shares during the period. Thompson Siegel & Walmsley LLC increased its position in shares of Post by 3.8% during the second quarter. Thompson Siegel & Walmsley LLC now owns 874,320 shares of the company’s stock valued at $91,069,000 after buying an additional 32,188 shares during the period. Finally, Victory Capital Management Inc. raised its stake in Post by 1.3% in the third quarter. Victory Capital Management Inc. now owns 226,512 shares of the company’s stock worth $26,219,000 after buying an additional 2,879 shares in the last quarter. 94.85% of the stock is owned by hedge funds and other institutional investors.

Post Stock Performance

Shares of POST opened at $116.46 on Tuesday. The company has a quick ratio of 1.56, a current ratio of 2.36 and a debt-to-equity ratio of 1.66. The stock has a market cap of $6.78 billion, a P/E ratio of 20.65 and a beta of 0.66. The business’s 50 day moving average price is $113.80 and its 200-day moving average price is $111.41. Post Holdings, Inc. has a 52 week low of $86.60 and a 52 week high of $125.84.

Insiders Place Their Bets

In other Post news, SVP Bradly A. Harper sold 1,000 shares of Post stock in a transaction dated Thursday, December 5th. The shares were sold at an average price of $120.09, for a total value of $120,090.00. Following the completion of the transaction, the senior vice president now directly owns 11,220 shares of the company’s stock, valued at approximately $1,347,409.80. The trade was a 8.18 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, COO Jeff A. Zadoks sold 28,969 shares of the stock in a transaction that occurred on Wednesday, November 27th. The shares were sold at an average price of $119.96, for a total transaction of $3,475,121.24. Following the sale, the chief operating officer now owns 67,788 shares in the company, valued at approximately $8,131,848.48. The trade was a 29.94 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 35,969 shares of company stock valued at $4,322,051. 10.70% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on POST. Evercore ISI lifted their price objective on Post from $123.00 to $126.00 and gave the company an “outperform” rating in a research report on Monday, November 18th. Wells Fargo & Company dropped their price target on Post from $120.00 to $116.00 and set an “equal weight” rating on the stock in a research report on Tuesday, November 19th. One equities research analyst has rated the stock with a hold rating and five have issued a buy rating to the company. According to MarketBeat, Post presently has an average rating of “Moderate Buy” and a consensus price target of $124.17.

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.