Rhumbline Advisers lessened its holdings in Post Holdings, Inc. (NYSE:POST – Free Report) by 2.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 130,645 shares of the company’s stock after selling 3,223 shares during the period. Rhumbline Advisers owned approximately 0.22% of Post worth $14,954,000 as of its most recent filing with the Securities & Exchange Commission.
Other large investors have also modified their holdings of the company. Savant Capital LLC lifted its stake in Post by 3.8% during the 4th quarter. Savant Capital LLC now owns 3,023 shares of the company’s stock worth $346,000 after acquiring an additional 110 shares in the last quarter. Empowered Funds LLC lifted its stake in Post by 41.3% during the 4th quarter. Empowered Funds LLC now owns 3,949 shares of the company’s stock worth $452,000 after acquiring an additional 1,155 shares in the last quarter. EULAV Asset Management lifted its stake in Post by 23.3% during the 4th quarter. EULAV Asset Management now owns 203,000 shares of the company’s stock worth $23,235,000 after acquiring an additional 38,400 shares in the last quarter. Iridian Asset Management LLC CT lifted its stake in Post by 20.3% during the 4th quarter. Iridian Asset Management LLC CT now owns 206,013 shares of the company’s stock worth $23,580,000 after acquiring an additional 34,825 shares in the last quarter. Finally, Silver Oak Securities Incorporated acquired a new position in Post during the 4th quarter worth about $437,000. Institutional investors and hedge funds own 94.85% of the company’s stock.
Wall Street Analysts Forecast Growth
POST has been the topic of several research reports. Piper Sandler increased their target price on Post from $120.00 to $140.00 and gave the stock an “overweight” rating in a research note on Monday, February 10th. Wells Fargo & Company increased their target price on Post from $116.00 to $122.00 and gave the stock an “equal weight” rating in a research note on Monday, February 10th. Finally, Evercore ISI increased their price target on Post from $123.00 to $126.00 and gave the company an “outperform” rating in a research report on Monday, November 18th. One equities research analyst has rated the stock with a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat, Post presently has an average rating of “Moderate Buy” and an average target price of $127.17.
Post Price Performance
POST stock opened at $115.68 on Friday. 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 firm has a market capitalization of $6.53 billion, a P/E ratio of 19.06 and a beta of 0.65. The business’s 50-day moving average is $110.47 and its two-hundred day moving average is $112.98. Post Holdings, Inc. has a 1 year low of $99.62 and a 1 year high of $125.84.
Post (NYSE:POST – Get Free Report) last posted its quarterly earnings results on Thursday, February 6th. The company reported $1.73 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.49 by $0.24. Post had a return on equity of 10.48% and a net margin of 4.94%. Analysts anticipate that Post Holdings, Inc. will post 6.41 earnings per share for the current fiscal year.
Insider Activity
In other 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 transaction, the senior vice president now owns 11,220 shares in the company, valued at approximately $1,347,409.80. This represents a 8.18 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director David W. Kemper sold 8,939 shares of the firm’s stock in a transaction that occurred on Tuesday, February 11th. The stock was sold at an average price of $110.75, for a total value of $989,994.25. Following the transaction, the director now owns 29,722 shares in the company, valued at $3,291,711.50. This represents a 23.12 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 44,908 shares of company stock worth $5,312,045. 11.40% of the stock is currently owned by insiders.
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.
Further Reading
- Five stocks we like better than Post
- Special Purpose Acquisition Company (SPAC) What You Need to Know
- Unity Stock: Is a True Turnaround Finally Taking Shape?
- Canada Bond Market Holiday: How to Invest and Trade
- DuPont’s Electronics Spinoff: The Start of Something Big
- Roth IRA Calculator: Calculate Your Potential Returns
- The Trade Desk Crashes on Earnings, But Growth Catalysts Persist
Want to see what other hedge funds are holding POST? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Post Holdings, Inc. (NYSE:POST – Free Report).
Receive News & Ratings for Post Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Post and related companies with MarketBeat.com's FREE daily email newsletter.