D L Carlson Investment Group Inc. lessened its position in shares of Post Holdings, Inc. (NYSE:POST - Free Report) by 12.8% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 30,409 shares of the company's stock after selling 4,467 shares during the period. D L Carlson Investment Group Inc. owned approximately 0.05% of Post worth $3,538,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors and hedge funds also recently made changes to their positions in POST. The Manufacturers Life Insurance Company lifted its holdings in shares of Post by 403.1% during the 4th quarter. The Manufacturers Life Insurance Company now owns 986,975 shares of the company's stock worth $112,969,000 after acquiring an additional 790,782 shares during the period. Point72 Asset Management L.P. lifted its holdings in shares of Post by 53.4% during the 4th quarter. Point72 Asset Management L.P. now owns 1,045,306 shares of the company's stock worth $119,646,000 after acquiring an additional 364,006 shares during the period. Nuveen LLC bought a new stake in shares of Post during the 1st quarter worth approximately $34,528,000. Vanguard Group Inc. lifted its holdings in shares of Post by 5.4% during the 1st quarter. Vanguard Group Inc. now owns 5,418,085 shares of the company's stock worth $630,448,000 after acquiring an additional 277,786 shares during the period. Finally, Epoch Investment Partners Inc. lifted its holdings in shares of Post by 26.4% during the 1st quarter. Epoch Investment Partners Inc. now owns 915,487 shares of the company's stock worth $106,526,000 after acquiring an additional 191,081 shares during the period. Institutional investors own 94.85% of the company's stock.
Post Price Performance
POST stock opened at $112.39 on Wednesday. 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 1 year low of $101.05 and a 1 year high of $125.84. The company has a 50 day simple moving average of $108.19 and a 200 day simple moving average of $111.12. The stock has a market cap of $6.10 billion, a price-to-earnings ratio of 19.11 and a beta of 0.49.
Post (NYSE:POST - Get Free Report) last announced its quarterly earnings results on Thursday, August 7th. The company reported $2.03 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.67 by $0.36. Post had a net margin of 4.62% and a return on equity of 10.80%. The firm had revenue of $1.98 billion during the quarter, compared to analysts' expectations of $1.95 billion. During the same period in the prior year, the company posted $1.54 EPS. The company's revenue was up 1.9% on a year-over-year basis. Research analysts anticipate that Post Holdings, Inc. will post 6.41 EPS for the current fiscal year.
Insider Activity at Post
In other Post news, Director William P. Stiritz purchased 186,740 shares of the firm's stock in a transaction on Thursday, June 5th. The stock was purchased at an average cost of $109.11 per share, for a total transaction of $20,375,201.40. Following the transaction, the director owned 4,298,667 shares in the company, valued at $469,027,556.37. The trade was a 4.54% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CEO Nicolas Catoggio sold 1,750 shares of the company's stock in a transaction that occurred on Thursday, June 5th. The shares were sold at an average price of $108.97, for a total transaction of $190,697.50. Following the completion of the transaction, the chief executive officer owned 43,751 shares of the company's stock, valued at approximately $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. Corporate insiders own 11.40% of the company's stock.
Wall Street Analyst Weigh In
POST has been the subject of a number of recent analyst reports. Wells Fargo & Company cut their price target on shares of Post from $120.00 to $117.00 and set an "equal weight" rating for the company in a report on Wednesday, July 9th. JPMorgan Chase & Co. upped their price target on shares of Post from $122.00 to $131.00 and gave the stock an "overweight" rating in a report on Tuesday. Wall Street Zen upgraded shares of Post from a "hold" rating to a "buy" rating in a research report on Saturday, August 9th. Piper Sandler upped their price objective on shares of Post from $140.00 to $150.00 and gave the stock an "overweight" rating in a research report on Wednesday, June 11th. Finally, Mizuho lowered their price objective on shares of Post from $133.00 to $127.00 and set an "outperform" rating for the company in a research report on Wednesday, May 28th. Four equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $131.20.
Check Out Our Latest Stock Report on Post
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.
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