Janney Montgomery Scott LLC Trims Stake in Post Holdings, Inc. (NYSE:POST)

Janney Montgomery Scott LLC lowered its position in shares of Post Holdings, Inc. (NYSE:POST) by 17.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 11,260 shares of the company’s stock after selling 2,380 shares during the quarter. Janney Montgomery Scott LLC’s holdings in Post were worth $1,289,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Truist Financial Corp increased its position in shares of Post by 5.0% during the second quarter. Truist Financial Corp now owns 2,376 shares of the company’s stock valued at $247,000 after acquiring an additional 114 shares in the last quarter. Cetera Investment Advisers increased its holdings in shares of Post by 2.6% in the 2nd quarter. Cetera Investment Advisers now owns 26,064 shares of the company’s stock worth $2,715,000 after purchasing an additional 659 shares in the last quarter. Sanctuary Advisors LLC purchased a new position in shares of Post in the second quarter worth $510,000. GAMMA Investing LLC boosted its position in shares of Post by 56.8% during the third quarter. GAMMA Investing LLC now owns 1,168 shares of the company’s stock valued at $135,000 after buying an additional 423 shares during the last quarter. Finally, CWM LLC increased its holdings in Post by 53.7% in the 3rd quarter. CWM LLC now owns 1,977 shares of the company’s stock worth $229,000 after buying an additional 691 shares in the last quarter. 94.85% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several equities analysts have issued reports on POST shares. Evercore ISI upped their target price on shares of Post from $123.00 to $126.00 and gave the company an “outperform” rating in a research note on Monday, November 18th. Wells Fargo & Company dropped their target price on shares of Post from $120.00 to $116.00 and set an “equal weight” rating on the stock in a report on Tuesday, November 19th. Finally, Piper Sandler decreased their target price on shares of Post from $140.00 to $120.00 and set an “overweight” rating for the company in a research note on Thursday, January 16th. One research analyst has rated the stock with a hold rating and six have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $123.57.

Insider Activity at Post

In other news, CEO Nicolas Catoggio sold 6,000 shares of Post stock in a transaction that occurred on Monday, December 2nd. The shares were sold at an average price of $121.14, for a total transaction of $726,840.00. Following the sale, the chief executive officer now owns 70,501 shares in the company, valued at $8,540,491.14. This trade represents a 7.84 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, COO Jeff A. Zadoks sold 28,969 shares of the company’s stock in a transaction on Wednesday, November 27th. The stock was sold at an average price of $119.96, for a total transaction of $3,475,121.24. Following the transaction, the chief operating officer now owns 67,788 shares of the company’s stock, valued at approximately $8,131,848.48. This represents a 29.94 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 35,969 shares of company stock worth $4,322,051. 11.40% of the stock is owned by company insiders.

Post Price Performance

Shares of Post stock opened at $104.64 on Wednesday. The stock’s fifty day moving average is $112.50 and its 200 day moving average is $112.87. Post Holdings, Inc. has a one year low of $99.62 and a one year high of $125.84. The company has a debt-to-equity ratio of 1.66, a quick ratio of 1.56 and a current ratio of 2.36. The stock has a market cap of $6.09 billion, a P/E ratio of 18.55 and a beta of 0.65.

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.