Post Holdings, Inc. (NYSE:POST) Shares Acquired by Truist Financial Corp

Truist Financial Corp boosted its position in Post Holdings, Inc. (NYSE:POST) by 4.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,781 shares of the company’s stock after acquiring an additional 113 shares during the quarter. Truist Financial Corp’s holdings in Post were worth $318,000 at the end of the most recent quarter.

A number of other institutional investors also recently added to or reduced their stakes in the company. Fortitude Family Office LLC raised its holdings in shares of Post by 426.0% in the 4th quarter. Fortitude Family Office LLC now owns 263 shares of the company’s stock valued at $30,000 after purchasing an additional 213 shares in the last quarter. Ashton Thomas Securities LLC acquired a new stake in Post in the third quarter valued at $33,000. Quarry LP lifted its holdings in Post by 244.9% during the 3rd quarter. Quarry LP now owns 338 shares of the company’s stock worth $39,000 after buying an additional 240 shares during the last quarter. Sound Income Strategies LLC acquired a new position in shares of Post during the 4th quarter worth about $54,000. Finally, Eagle Bay Advisors LLC acquired a new position in shares of Post during the 4th quarter worth about $75,000. Hedge funds and other institutional investors own 94.85% of the company’s stock.

Insider Buying and Selling at Post

In related news, SVP Bradly A. Harper sold 2,000 shares of the firm’s stock in a transaction dated Tuesday, March 4th. The stock was sold at an average price of $114.59, for a total transaction of $229,180.00. Following the transaction, the senior vice president now owns 8,741 shares of the company’s stock, valued at $1,001,631.19. This trade represents a 18.62 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CEO Nicolas Catoggio sold 5,000 shares of the company’s stock in a transaction that occurred on Tuesday, February 25th. The shares were sold at an average price of $116.50, for a total value of $582,500.00. Following the sale, the chief executive officer now directly owns 55,501 shares of the company’s stock, valued at approximately $6,465,866.50. This represents a 8.26 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 36,096 shares of company stock worth $4,129,355. 11.40% of the stock is owned by company insiders.

Post Trading Up 0.8 %

POST opened at $113.59 on Thursday. The company has a quick ratio of 1.64, a current ratio of 2.39 and a debt-to-equity ratio of 1.78. Post Holdings, Inc. has a 52 week low of $99.62 and a 52 week high of $125.84. The business’s 50 day moving average is $110.28 and its two-hundred day moving average is $113.03. The firm has a market cap of $6.42 billion, a price-to-earnings ratio of 18.71 and a beta of 0.65.

Post (NYSE:POST) last announced its earnings results on Thursday, February 6th. The company reported $1.73 EPS for the quarter, beating analysts’ consensus estimates of $1.49 by $0.24. Post had a net margin of 4.94% and a return on equity of 10.48%. On average, research analysts predict that Post Holdings, Inc. will post 6.41 EPS for the current year.

Analyst Ratings Changes

POST has been the topic of several research analyst reports. Piper Sandler raised their target price on Post from $120.00 to $140.00 and gave the stock an “overweight” rating in a research report on Monday, February 10th. Evercore ISI raised their price objective on shares of Post from $123.00 to $126.00 and gave the stock an “outperform” rating in a report on Monday, November 18th. Finally, Wells Fargo & Company upped their target price on shares of Post from $116.00 to $122.00 and gave the company an “equal weight” 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 stock currently has an average rating of “Moderate Buy” and an average 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.