State of Alaska Department of Revenue Has $618,000 Stock Position in Post Holdings, Inc. (NYSE:POST)

State of Alaska Department of Revenue lowered its stake in Post Holdings, Inc. (NYSE:POST) by 1.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 5,400 shares of the company’s stock after selling 95 shares during the quarter. State of Alaska Department of Revenue’s holdings in Post were worth $618,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. V Square Quantitative Management LLC bought a new stake in shares of Post during the third quarter worth approximately $27,000. Fortitude Family Office LLC boosted its holdings in shares of Post by 426.0% during the fourth quarter. Fortitude Family Office LLC now owns 263 shares of the company’s stock worth $30,000 after acquiring an additional 213 shares during the period. Ashton Thomas Securities LLC bought a new stake in shares of Post during the third quarter worth approximately $33,000. Quarry LP boosted its stake in shares of Post by 244.9% in the third quarter. Quarry LP now owns 338 shares of the company’s stock valued at $39,000 after buying an additional 240 shares during the period. Finally, Sound Income Strategies LLC bought a new stake in shares of Post in the fourth quarter valued at approximately $54,000. Institutional investors and hedge funds own 94.85% of the company’s stock.

Insiders Place Their Bets

In related news, COO Jeff A. Zadoks sold 28,969 shares of the business’s stock in a transaction dated Wednesday, November 27th. The shares were 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 in the company, valued at $8,131,848.48. The trade was a 29.94 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Nicolas Catoggio sold 6,000 shares of the business’s stock in a transaction dated Monday, December 2nd. The shares were sold at an average price of $121.14, for a total transaction of $726,840.00. Following the transaction, the chief executive officer now 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 44,908 shares of company stock valued at $5,312,045 over the last three months. Insiders own 11.40% of the company’s stock.

Post Stock Down 1.4 %

Post stock opened at $111.45 on Friday. Post Holdings, Inc. has a 1-year low of $99.62 and a 1-year high of $125.84. The firm has a market capitalization of $6.29 billion, a price-to-earnings ratio of 18.36 and a beta of 0.65. The company has a current ratio of 2.36, a quick ratio of 1.56 and a debt-to-equity ratio of 1.66. The firm has a 50 day simple moving average of $110.97 and a 200 day simple moving average of $112.88.

Post (NYSE:POST) last announced its quarterly 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 10.40%. On average, analysts predict that Post Holdings, Inc. will post 6.3 earnings per share for the current year.

Analyst Ratings Changes

Several equities research analysts recently issued reports on POST shares. Piper Sandler boosted 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 boosted their price target on Post from $116.00 to $122.00 and gave the company an “equal weight” rating in a research note on Monday, February 10th. Finally, Evercore ISI upped their target price on Post from $123.00 to $126.00 and gave the stock an “outperform” rating in a research note on Monday, November 18th. One research 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, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $127.17.

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.