Principal Securities Inc. Raises Position in Post Holdings, Inc. (NYSE:POST)

Principal Securities Inc. lifted its stake in Post Holdings, Inc. (NYSE:POST) by 10.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,041 shares of the company’s stock after buying an additional 195 shares during the period. Principal Securities Inc.’s holdings in Post were worth $234,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of the stock. Savant Capital LLC boosted its position in shares of Post by 3.8% in the fourth quarter. Savant Capital LLC now owns 3,023 shares of the company’s stock worth $346,000 after buying an additional 110 shares during the period. Empowered Funds LLC boosted its holdings in Post by 41.3% in the fourth quarter. Empowered Funds LLC now owns 3,949 shares of the company’s stock valued at $452,000 after purchasing an additional 1,155 shares during the last quarter. EULAV Asset Management boosted its holdings in Post by 23.3% in the fourth quarter. EULAV Asset Management now owns 203,000 shares of the company’s stock valued at $23,235,000 after purchasing an additional 38,400 shares during the last quarter. Iridian Asset Management LLC CT boosted its holdings in Post by 20.3% in the fourth quarter. Iridian Asset Management LLC CT now owns 206,013 shares of the company’s stock valued at $23,580,000 after purchasing an additional 34,825 shares during the last quarter. Finally, Silver Oak Securities Incorporated purchased a new position in Post in the fourth quarter valued at about $437,000. Hedge funds and other institutional investors own 94.85% of the company’s stock.

Insider Transactions at Post

In related news, COO Jeff A. Zadoks sold 28,969 shares of the firm’s stock in a transaction that occurred on Wednesday, November 27th. The stock was sold at an average price of $119.96, for a total value of $3,475,121.24. Following the sale, the chief operating officer now directly owns 67,788 shares in the company, valued at $8,131,848.48. This trade represents a 29.94 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Bradly A. Harper sold 1,000 shares of the firm’s stock in a transaction that occurred on 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 sale, 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 ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 44,908 shares of company stock worth $5,312,045. 11.40% of the stock is currently owned by company insiders.

Post Trading Up 0.8 %

NYSE:POST opened at $115.68 on Monday. The company has a quick ratio of 1.64, a current ratio of 2.39 and a debt-to-equity ratio of 1.78. The business’s 50 day moving average is $110.47 and its two-hundred day moving average is $112.99. Post Holdings, Inc. has a 52 week low of $99.62 and a 52 week high of $125.84. The company has a market cap of $6.53 billion, a PE ratio of 19.06 and a beta of 0.65.

Post (NYSE:POST) last released its earnings results on Thursday, February 6th. The company reported $1.73 EPS for the quarter, topping 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%. On average, analysts predict that Post Holdings, Inc. will post 6.41 EPS for the current year.

Analysts Set New Price Targets

A number of research analysts recently commented on the company. 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 increased their price target 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 increased their price target on Post from $120.00 to $140.00 and gave the company an “overweight” rating in a report on Monday, February 10th. One analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat, Post has an average rating of “Moderate Buy” and a consensus target price 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.