Fuller & Thaler Asset Management Inc. Acquires 109,126 Shares of Post Holdings, Inc. $POST

Key Points

• Fuller & Thaler Asset Management Inc. increased its stake in Post Holdings, Inc. by 27.1% during the first quarter, acquiring an additional 109,126 shares to hold approximately 0.91% of the company, valued at $59.5 million.
• Insider transactions include CEO Nicolas Catoggio selling 1,750 shares, while Director William P. Stiritz acquired 186,740 shares, demonstrating both sales and purchases among corporate insiders.
• Post Holdings, Inc. reported $2.03 earnings per share for the last quarter, exceeding analysts' expectations, with a year-over-year revenue increase of 1.9%.

Fuller & Thaler Asset Management Inc. boosted its position in Post Holdings, Inc. (NYSE:POST - Free Report) by 27.1% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 511,398 shares of the company's stock after buying an additional 109,126 shares during the period. Fuller & Thaler Asset Management Inc. owned approximately 0.91% of Post worth $59,506,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Brooklyn Investment Group increased its holdings in shares of Post by 232.1% during the first quarter. Brooklyn Investment Group now owns 279 shares of the company's stock valued at $32,000 after acquiring an additional 195 shares in the last quarter. MassMutual Private Wealth & Trust FSB grew its position in Post by 68.4% in the 1st quarter. MassMutual Private Wealth & Trust FSB now owns 352 shares of the company's stock valued at $41,000 after purchasing an additional 143 shares during the period. Millstone Evans Group LLC increased its stake in Post by 167.2% during the 1st quarter. Millstone Evans Group LLC now owns 358 shares of the company's stock valued at $42,000 after purchasing an additional 224 shares in the last quarter. True Wealth Design LLC raised its holdings in Post by 281.2% during the fourth quarter. True Wealth Design LLC now owns 385 shares of the company's stock worth $44,000 after buying an additional 284 shares during the last quarter. Finally, Bessemer Group Inc. lifted its stake in shares of Post by 200.0% in the first quarter. Bessemer Group Inc. now owns 477 shares of the company's stock valued at $56,000 after buying an additional 318 shares in the last quarter. Institutional investors own 94.85% of the company's stock.

Post Stock Performance

Shares of POST traded up $3.2460 on Friday, reaching $114.1660. 768,840 shares of the company's stock traded hands, compared to its average volume of 697,741. The company has a current ratio of 2.60, a quick ratio of 1.84 and a debt-to-equity ratio of 1.83. The stock has a market cap of $6.20 billion, a PE ratio of 19.42 and a beta of 0.49. The stock's 50 day simple moving average is $108.21 and its two-hundred day simple moving average is $111.03. Post Holdings, Inc. has a 52-week low of $101.05 and a 52-week high of $125.84.

Post (NYSE:POST - Get Free Report) last announced its quarterly earnings data on Thursday, August 7th. The company reported $2.03 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.67 by $0.36. The firm had revenue of $1.98 billion during the quarter, compared to the consensus estimate of $1.95 billion. Post had a return on equity of 10.80% and a net margin of 4.62%.The business's revenue for the quarter was up 1.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.54 EPS. On average, analysts forecast that Post Holdings, Inc. will post 6.41 earnings per share for the current fiscal year.

Insider Transactions at Post

In other Post news, Director William P. Stiritz acquired 186,740 shares of the business's stock in a transaction that occurred on Thursday, June 5th. The stock was bought at an average cost of $109.11 per share, with a total value of $20,375,201.40. Following the acquisition, the director owned 4,298,667 shares in the company, valued at approximately $469,027,556.37. This represents a 4.54% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CEO Nicolas Catoggio sold 1,750 shares of Post stock in a transaction on Thursday, June 5th. The shares were sold at an average price of $108.97, for a total value 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. 11.40% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

POST has been the topic of a number of analyst reports. Mizuho lowered their target price on shares of Post from $133.00 to $127.00 and set an "outperform" rating on the stock in a report on Wednesday, May 28th. JPMorgan Chase & Co. began coverage on Post in a research note on Wednesday. They issued an "overweight" rating and a $122.00 price objective for the company. Piper Sandler raised their target price on Post from $140.00 to $150.00 and gave the company an "overweight" rating in a report on Wednesday, June 11th. Wall Street Zen raised Post from a "hold" rating to a "buy" rating in a research report on Saturday, August 9th. Finally, Evercore ISI increased their price target on Post from $130.00 to $131.00 and gave the company an "outperform" rating in a research report on Wednesday, June 4th. Four equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, Post presently has an average rating of "Moderate Buy" and a consensus price target of $129.40.

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.