BNP Paribas Financial Markets Sells 49,210 Shares of Post Holdings, Inc. (NYSE:POST)

BNP Paribas Financial Markets lessened its holdings in shares of Post Holdings, Inc. (NYSE:POST) by 44.8% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 60,552 shares of the company’s stock after selling 49,210 shares during the quarter. BNP Paribas Financial Markets owned about 0.10% of Post worth $6,435,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. GAMMA Investing LLC bought a new stake in Post in the 4th quarter worth approximately $25,000. Parallel Advisors LLC lifted its position in Post by 487.0% in the 4th quarter. Parallel Advisors LLC now owns 317 shares of the company’s stock worth $28,000 after buying an additional 263 shares during the last quarter. Venturi Wealth Management LLC lifted its position in Post by 56.8% in the 1st quarter. Venturi Wealth Management LLC now owns 359 shares of the company’s stock worth $38,000 after buying an additional 130 shares during the last quarter. Fifth Third Bancorp lifted its position in Post by 45.9% in the 4th quarter. Fifth Third Bancorp now owns 610 shares of the company’s stock worth $54,000 after buying an additional 192 shares during the last quarter. Finally, Principal Securities Inc. bought a new stake in Post in the 4th quarter worth approximately $93,000. Institutional investors own 94.85% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on the company. Stifel Nicolaus boosted their target price on Post from $115.00 to $120.00 and gave the stock a “buy” rating in a research report on Monday, May 6th. Evercore ISI lifted their price target on Post from $118.00 to $122.00 and gave the stock an “outperform” rating in a research note on Monday, May 6th. Finally, Barclays lifted their price target on Post from $115.00 to $120.00 and gave the stock an “overweight” rating in a research note on Tuesday, May 7th. Two analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $113.67.

Post Price Performance

POST opened at $105.30 on Thursday. The company has a debt-to-equity ratio of 1.61, a quick ratio of 1.20 and a current ratio of 2.16. Post Holdings, Inc. has a 52-week low of $78.85 and a 52-week high of $108.17. The stock has a market capitalization of $6.38 billion, a PE ratio of 20.17 and a beta of 0.64. The stock’s 50 day moving average price is $104.43 and its 200-day moving average price is $101.75.

Post (NYSE:POST) last posted its earnings results on Thursday, May 2nd. The company reported $1.51 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.29 by $0.22. Post had a return on equity of 10.93% and a net margin of 4.38%. The firm had revenue of $2 billion for the quarter, compared to analysts’ expectations of $2.03 billion. During the same period in the previous year, the firm earned $1.10 earnings per share. The business’s revenue was up 23.4% compared to the same quarter last year. On average, equities research analysts predict that Post Holdings, Inc. will post 5.61 EPS for the current year.

Insider Activity

In other news, Director Gregory L. Curl sold 4,000 shares of the business’s stock in a transaction that occurred on Friday, May 31st. The stock was sold at an average price of $106.06, for a total transaction of $424,240.00. Following the transaction, the director now directly owns 21,181 shares of the company’s stock, valued at $2,246,456.86. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. In related news, Director Gregory L. Curl sold 4,000 shares of the company’s stock in a transaction on Friday, May 31st. The stock was sold at an average price of $106.06, for a total value of $424,240.00. Following the sale, the director now directly owns 21,181 shares of the company’s stock, valued at $2,246,456.86. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CEO Nicolas Catoggio sold 1,500 shares of the company’s stock in a transaction on Tuesday, May 7th. The stock was sold at an average price of $105.62, for a total value of $158,430.00. Following the completion of the sale, the chief executive officer now directly owns 73,492 shares in the company, valued at $7,762,225.04. The disclosure for this sale can be found here. Over the last three months, insiders have sold 22,345 shares of company stock valued at $2,344,320. Company insiders own 10.70% of the company’s stock.

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.