D. E. Shaw & Co. Inc. increased its stake in shares of Post Holdings, Inc. (NYSE:POST - Free Report) by 81.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 119,751 shares of the company's stock after acquiring an additional 53,873 shares during the period. D. E. Shaw & Co. Inc. owned about 0.21% of Post worth $13,707,000 as of its most recent SEC filing.
Other institutional investors also recently modified their holdings of the company. Sound Income Strategies LLC acquired a new stake in shares of Post in the fourth quarter valued at about $54,000. Eagle Bay Advisors LLC acquired a new stake in shares of Post in the fourth quarter valued at approximately $75,000. Parkside Financial Bank & Trust raised its holdings in Post by 6.5% in the 4th quarter. Parkside Financial Bank & Trust now owns 1,699 shares of the company's stock valued at $194,000 after acquiring an additional 103 shares during the period. CIBC Asset Management Inc acquired a new position in shares of Post in the fourth quarter valued at approximately $206,000. Finally, Blue Trust Inc. lifted its holdings in Post by 68.1% during the 4th quarter. Blue Trust Inc. now owns 1,815 shares of the company's stock worth $210,000 after purchasing an additional 735 shares during the last quarter. 94.85% of the stock is currently owned by institutional investors.
Insider Transactions at Post
In other news, SVP Bradly A. Harper sold 2,000 shares of Post stock in a transaction dated Tuesday, March 4th. The stock was sold at an average price of $114.59, for a total value of $229,180.00. Following the sale, the senior vice president now directly owns 8,741 shares of the company's stock, valued at approximately $1,001,631.19. The trade was a 18.62% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Nicolas Catoggio sold 5,000 shares of the company's stock in a transaction that occurred on Monday, March 3rd. The shares were sold at an average price of $114.50, for a total value of $572,500.00. Following the sale, the chief executive officer now owns 50,501 shares in the company, valued at approximately $5,782,364.50. This trade represents a 9.01% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 27,157 shares of company stock worth $3,139,361. Insiders own 11.40% of the company's stock.
Wall Street Analyst Weigh In
A number of research firms recently commented on POST. Wells Fargo & Company lowered their price target on shares of Post from $124.00 to $120.00 and set an "equal weight" rating on the stock in a research report on Monday, May 12th. Piper Sandler lifted their price target on shares of Post from $120.00 to $140.00 and gave the company an "overweight" rating in a report on Monday, February 10th. One equities research analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat, Post presently has an average rating of "Moderate Buy" and a consensus target price of $128.20.
Read Our Latest Analysis on POST
Post Stock Down 1.6%
Shares of POST traded down $1.82 during trading hours on Monday, hitting $109.93. The stock had a trading volume of 38,988 shares, compared to its average volume of 549,820. Post Holdings, Inc. has a 1-year low of $99.70 and a 1-year high of $125.84. The firm has a market capitalization of $6.12 billion, a P/E ratio of 18.13 and a beta of 0.50. The firm has a 50 day simple moving average of $113.47 and a 200-day simple moving average of $112.67. The company has a debt-to-equity ratio of 1.78, a current ratio of 2.39 and a quick ratio of 1.64.
Post (NYSE:POST - Get Free Report) last issued its quarterly earnings results on Thursday, May 8th. The company reported $1.41 EPS for the quarter, beating analysts' consensus estimates of $1.18 by $0.23. Post had a return on equity of 10.48% and a net margin of 4.94%. The company had revenue of $1.95 billion during the quarter, compared to the consensus estimate of $1.98 billion. During the same period last year, the business posted $1.51 earnings per share. Post's revenue was down 2.3% on a year-over-year basis. Sell-side analysts predict that Post Holdings, Inc. will post 6.41 EPS for the current fiscal year.
Post Profile
(
Free Report)
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.
See Also
Before you consider Post, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Post wasn't on the list.
While Post currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
