HighPoint Advisor Group LLC bought a new stake in Post Holdings, Inc. (NYSE:POST – Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 1,818 shares of the company’s stock, valued at approximately $202,000.
A number of other institutional investors and hedge funds also recently made changes to their positions in POST. Parkside Financial Bank & Trust boosted its stake in Post by 6.5% in the fourth quarter. Parkside Financial Bank & Trust now owns 1,699 shares of the company’s stock valued at $194,000 after acquiring an additional 103 shares during the last quarter. Savant Capital LLC boosted its position in shares of Post by 3.8% in the 4th quarter. Savant Capital LLC now owns 3,023 shares of the company’s stock worth $346,000 after purchasing an additional 110 shares during the last quarter. Truist Financial Corp grew its stake in shares of Post by 4.2% during the fourth quarter. Truist Financial Corp now owns 2,781 shares of the company’s stock worth $318,000 after purchasing an additional 113 shares during the period. SkyView Investment Advisors LLC increased its holdings in Post by 2.2% in the third quarter. SkyView Investment Advisors LLC now owns 7,408 shares of the company’s stock valued at $857,000 after purchasing an additional 157 shares during the last quarter. Finally, Exchange Traded Concepts LLC lifted its stake in Post by 2.5% in the fourth quarter. Exchange Traded Concepts LLC now owns 6,450 shares of the company’s stock valued at $738,000 after buying an additional 160 shares during the period. Institutional investors own 94.85% of the company’s stock.
Analyst Ratings Changes
A number of analysts have recently commented on the company. Piper Sandler upped their price target on Post from $120.00 to $140.00 and gave the company an “overweight” rating in a research note on Monday, February 10th. Wells Fargo & Company increased their target price on shares of Post from $122.00 to $124.00 and gave the stock an “equal weight” rating in a report on Wednesday. One equities research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $127.50.
Insider Transactions at Post
In other news, CEO Nicolas Catoggio sold 5,000 shares of the stock in a transaction dated Tuesday, February 25th. The shares were sold at an average price of $116.50, for a total transaction of $582,500.00. Following the completion of the transaction, the chief executive officer now directly owns 55,501 shares in the company, valued at $6,465,866.50. This represents a 8.26 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, SVP Bradly A. Harper sold 2,000 shares of the company’s stock in a transaction dated Tuesday, March 4th. The stock was sold at an average price of $114.59, for a total value of $229,180.00. Following the sale, the senior vice president now owns 8,741 shares in the company, valued at $1,001,631.19. The trade was a 18.62 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 36,096 shares of company stock valued at $4,129,355 over the last three months. Company insiders own 11.40% of the company’s stock.
Post Stock Performance
Shares of POST stock opened at $117.51 on Friday. The company has a debt-to-equity ratio of 1.78, a quick ratio of 1.64 and a current ratio of 2.39. Post Holdings, Inc. has a 52 week low of $99.62 and a 52 week high of $125.84. The company’s 50 day moving average price is $112.28 and its two-hundred day moving average price is $112.80. The company has a market capitalization of $6.64 billion, a P/E ratio of 19.36 and a beta of 0.65.
Post (NYSE:POST – Get Free Report) last issued its quarterly earnings data on Thursday, February 6th. The company reported $1.73 EPS for the quarter, topping analysts’ consensus estimates of $1.49 by $0.24. Post had a net margin of 4.94% and a return on equity of 10.48%. On average, analysts expect that Post Holdings, Inc. will post 6.41 earnings per share for the current fiscal 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.
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