Post Holdings, Inc. (NYSE:POST) Shares Purchased by Retirement Systems of Alabama

Retirement Systems of Alabama raised its position in Post Holdings, Inc. (NYSE:POST) by 28.4% during the 4th quarter, Holdings Channel reports. The firm owned 131,155 shares of the company’s stock after acquiring an additional 28,982 shares during the quarter. Retirement Systems of Alabama’s holdings in Post were worth $15,012,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the business. V Square Quantitative Management LLC acquired a new stake in shares of Post in the third quarter valued at approximately $27,000. Fortitude Family Office LLC grew its holdings 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 last quarter. Ashton Thomas Securities LLC purchased a new position in Post during the third quarter worth $33,000. Quarry LP increased its position in Post by 244.9% during the 3rd quarter. Quarry LP now owns 338 shares of the company’s stock worth $39,000 after purchasing an additional 240 shares in the last quarter. Finally, Sound Income Strategies LLC acquired a new position in Post in the 4th quarter valued at about $54,000. 94.85% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Post

In related news, SVP Bradly A. Harper sold 1,000 shares of the firm’s stock in a transaction that occurred on Thursday, December 5th. The shares were sold at an average price of $120.09, for a total transaction of $120,090.00. Following the transaction, the senior vice president now owns 11,220 shares in the company, valued at $1,347,409.80. This trade represents a 8.18 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Nicolas Catoggio sold 6,000 shares of the business’s stock in a transaction on Monday, December 2nd. The stock was sold at an average price of $121.14, for a total value of $726,840.00. Following the completion of the sale, the chief executive officer now directly owns 70,501 shares in the company, valued at $8,540,491.14. This represents a 7.84 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 35,969 shares of company stock valued at $4,322,051 in the last ninety days. Company insiders own 11.40% of the company’s stock.

Post Stock Performance

Post stock opened at $112.57 on Friday. The company has a debt-to-equity ratio of 1.66, a current ratio of 2.36 and a quick ratio of 1.56. Post Holdings, Inc. has a 12 month low of $99.62 and a 12 month high of $125.84. The company has a fifty day moving average price of $111.94 and a two-hundred day moving average price of $112.77. The company has a market cap of $6.55 billion, a PE ratio of 19.96 and a beta of 0.65.

Post (NYSE:POST) last announced its quarterly earnings results on Thursday, February 6th. The company reported $1.73 earnings per share for the quarter, topping analysts’ consensus estimates of $1.49 by $0.24. Post had a return on equity of 10.49% and a net margin of 4.63%. Research analysts expect that Post Holdings, Inc. will post 6.3 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on the stock. Wells Fargo & Company cut their price objective 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. Piper Sandler decreased their price target on Post from $140.00 to $120.00 and set an “overweight” rating on the stock in a research note on Thursday, January 16th. Finally, Evercore ISI boosted their target price on shares of Post from $123.00 to $126.00 and gave the company an “outperform” rating in a report on Monday, November 18th. One investment analyst has rated the stock with a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $122.83.

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.