Levin Capital Strategies L.P. Boosts Stake in Post Holdings Inc (POST)

Levin Capital Strategies L.P. lifted its position in shares of Post Holdings Inc (NYSE:POST) by 145.5% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 2,419,503 shares of the company’s stock after acquiring an additional 1,433,793 shares during the quarter. Post makes up 3.3% of Levin Capital Strategies L.P.’s investment portfolio, making the stock its 11th largest position. Levin Capital Strategies L.P. owned approximately 3.60% of Post worth $183,302,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Schwab Charles Investment Management Inc. lifted its holdings in Post by 11.1% during the 4th quarter. Schwab Charles Investment Management Inc. now owns 241,397 shares of the company’s stock worth $19,126,000 after purchasing an additional 24,148 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in Post by 53.8% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,375 shares of the company’s stock worth $267,000 after purchasing an additional 1,181 shares in the last quarter. Teacher Retirement System of Texas lifted its holdings in Post by 318.6% during the 4th quarter. Teacher Retirement System of Texas now owns 22,883 shares of the company’s stock worth $1,813,000 after purchasing an additional 17,416 shares in the last quarter. California Public Employees Retirement System raised its holdings in shares of Post by 4.0% in the 4th quarter. California Public Employees Retirement System now owns 102,886 shares of the company’s stock valued at $8,152,000 after acquiring an additional 3,947 shares in the last quarter. Finally, Swiss National Bank raised its holdings in shares of Post by 1.6% in the 4th quarter. Swiss National Bank now owns 112,700 shares of the company’s stock valued at $8,929,000 after acquiring an additional 1,800 shares in the last quarter.

POST has been the topic of several recent analyst reports. ValuEngine cut Post from a “hold” rating to a “sell” rating in a report on Monday, April 2nd. Citigroup set a $105.00 price target on Post and gave the company a “buy” rating in a report on Tuesday, May 8th. Pivotal Research reaffirmed a “buy” rating and issued a $105.00 price target on shares of Post in a report on Friday, May 4th. Finally, Zacks Investment Research cut Post from a “buy” rating to a “hold” rating in a report on Wednesday, April 11th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and eight have issued a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus price target of $99.86.



In other Post news, Director David P. Skarie sold 2,500 shares of the company’s stock in a transaction dated Thursday, May 24th. The shares were sold at an average price of $76.96, for a total transaction of $192,400.00. Following the transaction, the director now directly owns 27,493 shares in the company, valued at $2,115,861.28. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 7.40% of the company’s stock.

Shares of NYSE POST opened at $83.61 on Tuesday. The company has a debt-to-equity ratio of 2.36, a quick ratio of 1.38 and a current ratio of 2.24. Post Holdings Inc has a 1-year low of $70.66 and a 1-year high of $88.93. The stock has a market cap of $5.68 billion, a P/E ratio of 31.31, a PEG ratio of 2.76 and a beta of -0.08.

Post (NYSE:POST) last issued its earnings results on Thursday, May 3rd. The company reported $1.06 earnings per share for the quarter, missing the consensus estimate of $1.08 by ($0.02). Post had a return on equity of 9.07% and a net margin of 5.94%. The company had revenue of $1.59 billion for the quarter, compared to analyst estimates of $1.55 billion. During the same quarter in the previous year, the company posted $0.55 earnings per share. The company’s quarterly revenue was up 26.3% compared to the same quarter last year. equities analysts expect that Post Holdings Inc will post 4.38 earnings per share for the current year.

Post Company Profile

Post Holdings, Inc operates as a consumer packaged goods holding company in the United States and internationally. It manufactures and sells ready-to-eat cereal and hot cereal, egg, refrigerated potato, cheese and other dairy case, and pasta products; and markets and distributes ready-to-drink beverages, bars, powders and other nutritional supplements.

Institutional Ownership by Quarter for Post (NYSE:POST)

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