Post Holdings, Inc. (NYSE:POST) Director Sells $989,994.25 in Stock

Post Holdings, Inc. (NYSE:POST) Director David W. Kemper sold 8,939 shares of the firm’s stock in a transaction dated Tuesday, February 11th. The shares were sold at an average price of $110.75, for a total value of $989,994.25. Following the transaction, the director now directly owns 29,722 shares in the company, valued at approximately $3,291,711.50. This represents a 23.12 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website.

Post Price Performance

Shares of POST stock opened at $111.45 on Friday. The company has a debt-to-equity ratio of 1.66, a quick ratio of 1.56 and a current ratio of 2.36. Post Holdings, Inc. has a fifty-two week low of $99.62 and a fifty-two week high of $125.84. The firm has a market cap of $6.29 billion, a P/E ratio of 18.36 and a beta of 0.65. The business’s 50 day moving average price is $110.97 and its 200-day moving average price is $112.88.

Post (NYSE:POST) last released its quarterly earnings results on Thursday, February 6th. The company reported $1.73 earnings per share for the quarter, beating the consensus estimate of $1.49 by $0.24. Post had a return on equity of 10.40% and a net margin of 4.94%. On average, equities research analysts anticipate that Post Holdings, Inc. will post 6.3 earnings per share for the current year.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in POST. Vanguard Group Inc. lifted its holdings in shares of Post by 0.3% during the fourth quarter. Vanguard Group Inc. now owns 5,140,299 shares of the company’s stock valued at $588,359,000 after purchasing an additional 13,272 shares in the last quarter. Dimensional Fund Advisors LP lifted its holdings in Post by 2.3% in the fourth quarter. Dimensional Fund Advisors LP now owns 3,201,394 shares of the company’s stock valued at $366,428,000 after acquiring an additional 70,850 shares during the period. Holocene Advisors LP lifted its holdings in Post by 21.0% in the third quarter. Holocene Advisors LP now owns 1,405,298 shares of the company’s stock valued at $162,663,000 after acquiring an additional 244,221 shares during the period. The Manufacturers Life Insurance Company lifted its holdings in Post by 403.1% in the fourth quarter. The Manufacturers Life Insurance Company now owns 986,975 shares of the company’s stock valued at $112,969,000 after acquiring an additional 790,782 shares during the period. Finally, Norges Bank bought a new position in Post in the fourth quarter valued at about $108,991,000. Hedge funds and other institutional investors own 94.85% of the company’s stock.

Analysts Set New Price Targets

POST has been the topic of a number of research reports. Piper Sandler raised their price objective on Post from $120.00 to $140.00 and gave the company an “overweight” rating in a report on Monday, February 10th. Evercore ISI raised their price objective on Post from $123.00 to $126.00 and gave the company an “outperform” rating in a report on Monday, November 18th. Finally, Wells Fargo & Company lifted their price target on Post from $116.00 to $122.00 and gave the stock an “equal weight” rating in a research note on Monday, February 10th. One research analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $127.17.

About Post

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.