Empowered Funds LLC Boosts Position in Post Holdings, Inc. (NYSE:POST)

Empowered Funds LLC grew its stake in Post Holdings, Inc. (NYSE:POST) by 41.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,949 shares of the company’s stock after acquiring an additional 1,155 shares during the quarter. Empowered Funds LLC’s holdings in Post were worth $452,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Fortitude Family Office LLC lifted its position in shares of Post by 426.0% in the fourth quarter. Fortitude Family Office LLC now owns 263 shares of the company’s stock valued at $30,000 after acquiring an additional 213 shares in the last quarter. Ashton Thomas Securities LLC purchased a new stake in shares of Post in the third quarter valued at $33,000. Quarry LP lifted its position 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 acquiring an additional 240 shares in the last quarter. Sound Income Strategies LLC purchased a new stake in shares of Post in the fourth quarter valued at $54,000. Finally, Eagle Bay Advisors LLC purchased a new stake in shares of Post in the fourth quarter valued at $75,000. 94.85% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

POST has been the subject of several analyst reports. Piper Sandler upped their target price 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 upped their target price 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 company an “outperform” rating in a research note on Monday, November 18th. One equities research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to data from MarketBeat, Post currently has an average rating of “Moderate Buy” and a consensus target price of $127.17.

Insider Transactions at Post

In related news, SVP Bradly A. Harper sold 1,000 shares of the stock in a transaction dated Thursday, December 5th. The stock was 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 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 sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, COO Jeff A. Zadoks sold 28,969 shares of the stock in a transaction dated Wednesday, November 27th. The shares were sold at an average price of $119.96, for a total value of $3,475,121.24. Following the completion of the transaction, the chief operating officer now directly owns 67,788 shares of the company’s stock, valued at $8,131,848.48. This represents a 29.94 % 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 quarter. Company insiders own 11.40% of the company’s stock.

Post Stock Performance

Shares of NYSE:POST opened at $113.43 on Thursday. The firm has a market capitalization of $6.41 billion, a PE ratio of 18.69 and a beta of 0.65. The company has a debt-to-equity ratio of 1.78, a current ratio of 2.39 and a quick ratio of 1.64. The business has a 50-day moving average of $110.60 and a two-hundred day moving average of $112.93. Post Holdings, Inc. has a 12 month low of $99.62 and a 12 month high of $125.84.

Post (NYSE:POST) last issued its earnings results on Thursday, February 6th. The company reported $1.73 earnings per share for the quarter, topping the consensus estimate of $1.49 by $0.24. Post had a return on equity of 10.48% and a net margin of 4.94%. As a group, research analysts forecast that Post Holdings, Inc. will post 6.41 earnings per share for the current year.

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.