Park Avenue Securities LLC Grows Stock Holdings in Post Holdings, Inc. (NYSE:POST)

Park Avenue Securities LLC grew its stake in shares of Post Holdings, Inc. (NYSE:POST) by 21.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 7,449 shares of the company’s stock after acquiring an additional 1,291 shares during the period. Park Avenue Securities LLC’s holdings in Post were worth $853,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the stock. V Square Quantitative Management LLC bought a new stake in Post during the 3rd quarter worth approximately $27,000. Fortitude Family Office LLC grew its position in shares of Post by 426.0% during 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 bought a new position in shares of Post in the third quarter worth $33,000. Quarry LP raised its position in shares of Post by 244.9% in the third quarter. Quarry LP now owns 338 shares of the company’s stock worth $39,000 after buying an additional 240 shares in the last quarter. Finally, Point72 Asia Singapore Pte. Ltd. bought a new stake in Post during the second quarter valued at $62,000. 94.85% of the stock is owned by institutional investors.

Insider Activity at Post

In other news, CEO Nicolas Catoggio sold 6,000 shares of the stock in a transaction that occurred on Monday, December 2nd. The stock was sold at an average price of $121.14, for a total transaction of $726,840.00. Following the completion of the sale, the chief executive officer now owns 70,501 shares of the company’s stock, valued at approximately $8,540,491.14. This represents a 7.84 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, COO Jeff A. Zadoks sold 28,969 shares of Post 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 completion of the transaction, the chief operating officer now directly owns 67,788 shares in the company, valued at approximately $8,131,848.48. The trade was a 29.94 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 35,969 shares of company stock valued at $4,322,051. Insiders own 11.40% of the company’s stock.

Analysts Set New Price Targets

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

Post Trading Up 0.0 %

POST stock opened at $107.91 on Wednesday. The company has a market capitalization of $6.28 billion, a PE ratio of 19.13 and a beta of 0.66. The company has a debt-to-equity ratio of 1.66, a quick ratio of 1.56 and a current ratio of 2.36. Post Holdings, Inc. has a one year low of $91.28 and a one year high of $125.84. The company’s 50 day moving average price is $113.56 and its two-hundred day moving average price is $112.89.

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.