Metropolitan Life Insurance Co NY Sells 123 Shares of Post Holdings Inc (NYSE:POST)

Metropolitan Life Insurance Co NY trimmed its holdings in Post Holdings Inc (NYSE:POST) by 0.6% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 20,880 shares of the company’s stock after selling 123 shares during the quarter. Metropolitan Life Insurance Co NY’s holdings in Post were worth $2,284,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently bought and sold shares of the business. Martingale Asset Management L P lifted its position in shares of Post by 24.2% in the first quarter. Martingale Asset Management L P now owns 295,354 shares of the company’s stock worth $32,314,000 after purchasing an additional 57,631 shares in the last quarter. Rothschild & Co. Asset Management US Inc. increased its holdings in Post by 3.7% in the first quarter. Rothschild & Co. Asset Management US Inc. now owns 153,217 shares of the company’s stock worth $16,762,000 after buying an additional 5,501 shares during the last quarter. BlackRock Inc. increased its holdings in Post by 4.1% in the fourth quarter. BlackRock Inc. now owns 5,805,430 shares of the company’s stock worth $517,437,000 after buying an additional 231,242 shares during the last quarter. Gotham Asset Management LLC increased its holdings in Post by 5,113.8% in the fourth quarter. Gotham Asset Management LLC now owns 199,532 shares of the company’s stock worth $17,784,000 after buying an additional 195,705 shares during the last quarter. Finally, Smith Moore & CO. increased its holdings in Post by 10.4% in the fourth quarter. Smith Moore & CO. now owns 6,570 shares of the company’s stock worth $586,000 after buying an additional 617 shares during the last quarter. 91.46% of the stock is owned by institutional investors.

POST stock traded up $0.09 during midday trading on Friday, hitting $108.05. The stock had a trading volume of 261,599 shares, compared to its average volume of 490,172. The firm has a market capitalization of $7.92 billion, a price-to-earnings ratio of 26.48, a price-to-earnings-growth ratio of 3.11 and a beta of 0.28. The stock’s 50-day simple moving average is $105.73. Post Holdings Inc has a 52 week low of $83.88 and a 52 week high of $113.73. The company has a quick ratio of 1.08, a current ratio of 1.93 and a debt-to-equity ratio of 1.95.

Post (NYSE:POST) last issued its quarterly earnings data on Thursday, May 2nd. The company reported $1.28 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.13 by $0.15. Post had a return on equity of 10.94% and a net margin of 4.15%. The company had revenue of $1.39 billion during the quarter, compared to analysts’ expectations of $1.42 billion. During the same period last year, the business earned $1.06 earnings per share. The business’s revenue was down 12.5% on a year-over-year basis. Equities analysts forecast that Post Holdings Inc will post 4.96 earnings per share for the current fiscal year.

A number of equities analysts recently commented on POST shares. Wells Fargo & Co restated a “hold” rating and issued a $11.00 price objective on shares of Coty in a report on Wednesday, May 8th. Zacks Investment Research downgraded GENEL ENERGY PL/ADR from a “hold” rating to a “sell” rating in a report on Thursday, July 4th. BMO Capital Markets downgraded Iamgold from an “outperform” rating to a “market perform” rating in a report on Monday, May 6th. Pivotal Research reiterated a “buy” rating and set a $125.00 price target on shares of Post in a report on Friday, May 3rd. Finally, Evercore ISI assumed coverage on Mondelez International in a report on Tuesday, June 11th. They set an “outperform” rating and a $62.00 price target on the stock. One research analyst has rated the stock with a sell rating, one has issued a hold rating and ten have issued a buy rating to the company. Post has a consensus rating of “Buy” and an average target price of $118.55.

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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