Blue Trust Inc. reduced its position in Post Holdings, Inc. (NYSE:POST – Free Report) by 47.0% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 572 shares of the company’s stock after selling 508 shares during the quarter. Blue Trust Inc.’s holdings in Post were worth $65,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Creative Planning raised its position in shares of Post by 13.3% in the third quarter. Creative Planning now owns 2,250 shares of the company’s stock valued at $260,000 after buying an additional 264 shares during the last quarter. Assenagon Asset Management S.A. purchased a new stake in Post during the 3rd quarter valued at about $2,190,000. Adams Diversified Equity Fund Inc. acquired a new stake in Post in the 3rd quarter valued at about $14,480,000. New York State Teachers Retirement System lifted its stake in Post by 1.2% in the 3rd quarter. New York State Teachers Retirement System now owns 65,742 shares of the company’s stock worth $7,610,000 after purchasing an additional 811 shares in the last quarter. Finally, Farther Finance Advisors LLC boosted its holdings in shares of Post by 780.0% during the 3rd quarter. Farther Finance Advisors LLC now owns 704 shares of the company’s stock worth $81,000 after purchasing an additional 624 shares during the last quarter. Hedge funds and other institutional investors own 94.85% of the company’s stock.
Post Trading Down 0.7 %
Shares of Post stock opened at $114.86 on Tuesday. Post Holdings, Inc. has a fifty-two week low of $99.62 and a fifty-two week 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. The firm has a market capitalization of $6.49 billion, a price-to-earnings ratio of 18.92 and a beta of 0.65. The stock has a 50 day moving average of $110.44 and a 200 day moving average of $113.01.
Wall Street Analysts Forecast Growth
POST has been the subject of several recent research reports. Wells Fargo & Company increased their price target on Post from $116.00 to $122.00 and gave the company an “equal weight” rating in a report on Monday, February 10th. Evercore ISI upped their target price on Post from $123.00 to $126.00 and gave the company an “outperform” rating in a report on Monday, November 18th. Finally, Piper Sandler lifted their price target on Post from $120.00 to $140.00 and gave the stock an “overweight” rating in a report on Monday, February 10th. One equities research analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $127.17.
Get Our Latest Stock Analysis on Post
Insider Buying and Selling at Post
In related news, COO Jeff A. Zadoks sold 28,969 shares of the stock in a transaction dated 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Bradly A. Harper sold 1,000 shares of Post stock in a transaction dated Thursday, December 5th. The shares were sold at an average price of $120.09, for a total value of $120,090.00. Following the completion of the transaction, the senior vice president now directly owns 11,220 shares of the company’s stock, valued at approximately $1,347,409.80. This represents a 8.18 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 44,908 shares of company stock worth $5,312,045 over the last three months. Insiders own 11.40% of the company’s stock.
About Post
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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