Post Holdings, Inc. (NYSE:POST) Position Reduced by Enterprise Financial Services Corp

Enterprise Financial Services Corp trimmed its holdings in shares of Post Holdings, Inc. (NYSE:POST) by 5.9% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 1,821 shares of the company’s stock after selling 115 shares during the period. Enterprise Financial Services Corp’s holdings in Post were worth $208,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. Fortitude Family Office LLC increased its stake in Post by 426.0% during the 4th quarter. Fortitude Family Office LLC now owns 263 shares of the company’s stock valued at $30,000 after buying an additional 213 shares during the period. Ashton Thomas Securities LLC acquired a new position in shares of Post in the third quarter worth about $33,000. Quarry LP boosted its holdings in shares of Post by 244.9% during the third quarter. Quarry LP now owns 338 shares of the company’s stock worth $39,000 after purchasing an additional 240 shares during the period. Sound Income Strategies LLC acquired a new stake in shares of Post during the fourth quarter worth approximately $54,000. Finally, Eagle Bay Advisors LLC acquired a new stake in shares of Post during the fourth quarter worth approximately $75,000. 94.85% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In related news, CEO Nicolas Catoggio sold 5,000 shares of the firm’s stock in a transaction on Monday, March 3rd. The stock was sold at an average price of $114.50, for a total value of $572,500.00. Following the transaction, the chief executive officer now owns 50,501 shares in the company, valued at approximately $5,782,364.50. This trade represents a 9.01 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Bradly A. Harper sold 2,000 shares of the business’s stock in a transaction that occurred on Tuesday, March 4th. The shares were sold at an average price of $114.59, for a total value of $229,180.00. Following the completion of the transaction, the senior vice president now directly owns 8,741 shares in the company, valued at approximately $1,001,631.19. This trade represents a 18.62 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 36,096 shares of company stock valued at $4,129,355 in the last ninety days. 11.40% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

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

Post Trading Up 2.4 %

Shares of Post stock opened at $117.10 on Friday. Post Holdings, Inc. has a 1 year low of $99.62 and a 1 year high of $125.84. The company has a current ratio of 2.39, a quick ratio of 1.64 and a debt-to-equity ratio of 1.78. The company’s fifty day simple moving average is $110.33 and its 200-day simple moving average is $113.04. The company has a market cap of $6.61 billion, a price-to-earnings ratio of 19.29 and a beta of 0.65.

Post (NYSE:POST) last issued its earnings results on Thursday, February 6th. The company reported $1.73 EPS for the quarter, beating the consensus estimate of $1.49 by $0.24. Post had a net margin of 4.94% and a return on equity of 10.48%. As a group, sell-side analysts expect that Post Holdings, Inc. will post 6.41 EPS 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 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.