Post Holdings, Inc. (NYSE:POST) Shares Acquired by CIBC Private Wealth Group LLC

CIBC Private Wealth Group LLC increased its stake in shares of Post Holdings, Inc. (NYSE:POST) by 38.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 26,721 shares of the company’s stock after purchasing an additional 7,423 shares during the quarter. CIBC Private Wealth Group LLC’s holdings in Post were worth $2,874,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. Retirement Systems of Alabama boosted its holdings in shares of Post by 4.7% in the third quarter. Retirement Systems of Alabama now owns 102,173 shares of the company’s stock valued at $11,827,000 after acquiring an additional 4,606 shares in the last quarter. Miracle Mile Advisors LLC purchased a new position in shares of Post during the 4th quarter worth approximately $946,000. Truist Financial Corp lifted its holdings in shares of Post by 4.2% in the 4th quarter. Truist Financial Corp now owns 2,781 shares of the company’s stock valued at $318,000 after buying an additional 113 shares during the period. Tidal Investments LLC purchased a new stake in shares of Post in the third quarter valued at approximately $733,000. Finally, TD Private Client Wealth LLC grew its stake in shares of Post by 1,993.6% during the 3rd quarter. TD Private Client Wealth LLC now owns 8,563 shares of the company’s stock worth $991,000 after purchasing an additional 8,154 shares during the period. 94.85% of the stock is currently owned by hedge funds and other institutional investors.

Post Stock Down 1.2 %

Shares of NYSE:POST opened at $115.76 on Thursday. The stock has a 50-day simple moving average of $111.85 and a 200-day simple moving average of $112.75. The stock has a market capitalization of $6.54 billion, a P/E ratio of 19.07 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 debt-to-equity ratio of 1.78, a quick ratio of 1.64 and a current ratio of 2.39.

Post (NYSE:POST) last released its quarterly earnings data on Thursday, February 6th. The company reported $1.73 earnings per share (EPS) for the quarter, topping 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%. Equities analysts forecast that Post Holdings, Inc. will post 6.41 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on the company. Wells Fargo & Company raised their price target on Post from $122.00 to $124.00 and gave the company an “equal weight” rating in a research report on Wednesday. Piper Sandler raised their price objective on Post from $120.00 to $140.00 and gave the stock an “overweight” rating in a report on Monday, February 10th. One analyst has rated the stock with a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $127.50.

Insider Activity at Post

In other news, Director David W. Kemper sold 8,939 shares of the business’s stock in a transaction on Tuesday, February 11th. The shares were sold at an average price of $110.75, for a total transaction of $989,994.25. Following the transaction, the director now directly owns 29,722 shares of the company’s stock, valued at approximately $3,291,711.50. The trade was a 23.12 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, SVP Bradly A. Harper sold 2,000 shares of the firm’s stock in a transaction on Tuesday, March 4th. The shares were sold at an average price of $114.59, for a total transaction of $229,180.00. Following the sale, the senior vice president now directly owns 8,741 shares of the company’s stock, valued at approximately $1,001,631.19. The trade was a 18.62 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 36,096 shares of company stock worth $4,129,355. Corporate insiders own 11.40% of the company’s stock.

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.