Campbell & CO Investment Adviser LLC Purchases Shares of 11,240 Post Holdings, Inc. $POST

Key Points

• Campbell & CO Investment Adviser LLC has invested approximately $1.31 million in Post Holdings, Inc. by acquiring 11,240 shares, highlighting growing institutional interest in the company.
• CEO Nicolas Catoggio recently sold 1,750 shares, reducing his stake by 3.85%, while Director William P. Stiritz increased his holdings by 4.54% with the purchase of 186,740 shares.
• Analysts have shown a positive sentiment towards Post Holdings, with several firms adjusting their price targets upward, contributing to an average rating of "Moderate Buy".

Campbell & CO Investment Adviser LLC purchased a new position in Post Holdings, Inc. (NYSE:POST - Free Report) during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 11,240 shares of the company's stock, valued at approximately $1,308,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in POST. Jump Financial LLC bought a new stake in Post in the first quarter worth $355,000. AlphaQuest LLC boosted its stake in Post by 23.1% in the 1st quarter. AlphaQuest LLC now owns 13,665 shares of the company's stock worth $1,590,000 after purchasing an additional 2,566 shares in the last quarter. Clarkston Capital Partners LLC grew its position in Post by 3.2% during the 1st quarter. Clarkston Capital Partners LLC now owns 3,364,510 shares of the company's stock valued at $391,494,000 after purchasing an additional 105,325 shares during the last quarter. Price T Rowe Associates Inc. MD increased its stake in Post by 0.6% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 556,982 shares of the company's stock valued at $64,812,000 after purchasing an additional 3,338 shares in the last quarter. Finally, EntryPoint Capital LLC increased its stake in Post by 8.9% during the 1st quarter. EntryPoint Capital LLC now owns 2,345 shares of the company's stock valued at $273,000 after purchasing an additional 191 shares in the last quarter. Institutional investors own 94.85% of the company's stock.

Post Stock Performance

Shares of POST traded up $1.80 during trading hours on Friday, hitting $113.08. The stock had a trading volume of 544,699 shares, compared to its average volume of 756,869. The firm has a market capitalization of $6.14 billion, a PE ratio of 19.23 and a beta of 0.49. The company has a debt-to-equity ratio of 1.83, a current ratio of 2.60 and a quick ratio of 1.84. Post Holdings, Inc. has a 12 month low of $101.05 and a 12 month high of $125.84. The stock has a fifty day moving average price of $108.19 and a 200 day moving average price of $111.16.

Post (NYSE:POST - Get Free Report) last announced its earnings results on Thursday, August 7th. The company reported $2.03 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.67 by $0.36. Post had a return on equity of 10.80% and a net margin of 4.62%.The business had revenue of $1.98 billion for the quarter, compared to analysts' expectations of $1.95 billion. During the same period last year, the firm posted $1.54 earnings per share. The business's revenue for the quarter was up 1.9% on a year-over-year basis. Analysts anticipate that Post Holdings, Inc. will post 6.41 EPS for the current year.

Post announced that its board has initiated a stock buyback plan on Friday, August 29th that authorizes the company to buyback $0.00 in shares. This buyback authorization authorizes the company to buy shares of its stock through open market purchases. Shares buyback plans are typically a sign that the company's board believes its stock is undervalued.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the stock. JPMorgan Chase & Co. upped their target price on shares of Post from $122.00 to $131.00 and gave the stock an "overweight" rating in a research note on Tuesday, August 26th. Wall Street Zen upgraded shares of Post from a "hold" rating to a "buy" rating in a report on Saturday, August 9th. Piper Sandler upped their price objective on Post from $140.00 to $150.00 and gave the company an "overweight" rating in a research report on Wednesday, June 11th. Wells Fargo & Company cut their target price on Post from $120.00 to $117.00 and set an "equal weight" rating on the stock in a research note on Wednesday, July 9th. Finally, Evercore ISI boosted their price target on Post from $130.00 to $131.00 and gave the stock an "outperform" rating in a research note on Wednesday, June 4th. Four equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $131.20.

Insider Activity at Post

In other Post news, Director William P. Stiritz purchased 36,000 shares of the company's stock in a transaction dated Tuesday, August 19th. The shares were acquired at an average price of $109.53 per share, for a total transaction of $3,943,080.00. Following the purchase, the director directly owned 4,334,667 shares of the company's stock, valued at $474,776,076.51. The trade was a 0.84% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Nicolas Catoggio sold 1,750 shares of the company's stock in a transaction on Thursday, June 5th. The stock was sold at an average price of $108.97, for a total value of $190,697.50. Following the completion of the sale, the chief executive officer owned 43,751 shares of the company's stock, valued at $4,767,546.47. This trade represents a 3.85% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 11.40% of the company's stock.

About Post

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.