2,031 Shares in Post Holdings, Inc. (NYSE:POST) Acquired by Longboard Asset Management LP

Longboard Asset Management LP bought a new stake in shares of Post Holdings, Inc. (NYSE:POST) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund bought 2,031 shares of the company’s stock, valued at approximately $232,000.

A number of other hedge funds also recently modified their holdings of the business. Trust Point Inc. acquired a new position in Post during the fourth quarter valued at $208,000. Blue Trust Inc. increased its holdings in shares of Post by 68.1% in the 4th quarter. Blue Trust Inc. now owns 1,815 shares of the company’s stock valued at $210,000 after purchasing an additional 735 shares during the period. Exchange Traded Concepts LLC lifted its position in shares of Post by 2.5% in the fourth quarter. Exchange Traded Concepts LLC now owns 6,450 shares of the company’s stock worth $738,000 after purchasing an additional 160 shares in the last quarter. Sound Income Strategies LLC acquired a new stake in shares of Post during the fourth quarter worth approximately $54,000. Finally, SG Americas Securities LLC grew its position in Post by 1,195.2% during the fourth quarter. SG Americas Securities LLC now owns 20,620 shares of the company’s stock valued at $2,360,000 after purchasing an additional 19,028 shares in the last quarter. Hedge funds and other institutional investors own 94.85% of the company’s stock.

Insider Transactions at Post

In related news, SVP Bradly A. Harper sold 1,000 shares of the business’s stock in a transaction dated Thursday, December 5th. The stock was sold at an average price of $120.09, for a total transaction of $120,090.00. Following the completion of the transaction, the senior vice president now 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 position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Nicolas Catoggio sold 6,000 shares of the stock in a transaction that occurred on Monday, December 2nd. The shares were sold at an average price of $121.14, for a total value of $726,840.00. Following the sale, the chief executive officer now owns 70,501 shares of the company’s stock, valued at approximately $8,540,491.14. The trade was a 7.84 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 35,969 shares of company stock worth $4,322,051. 11.40% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the stock. Wells Fargo & Company cut their target price on shares of Post from $120.00 to $116.00 and set an “equal weight” rating for the company in a research report on Tuesday, November 19th. 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. Finally, Piper Sandler lowered their target price on Post from $140.00 to $120.00 and set an “overweight” rating on the stock in a research note on Thursday, January 16th. One analyst has rated the stock with a hold rating and six have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $123.57.

Post Stock Down 0.3 %

POST stock opened at $105.80 on Tuesday. The firm has a market cap of $6.16 billion, a PE ratio of 18.76 and a beta of 0.65. Post Holdings, Inc. has a 1 year low of $99.62 and a 1 year high of $125.84. The company has a fifty day simple moving average of $113.04 and a 200 day simple moving average of $112.94. The company has a current ratio of 2.36, a quick ratio of 1.56 and a debt-to-equity ratio of 1.66.

Post 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.