4,723 Shares in Post Holdings, Inc. (NYSE:POST) Bought by Hohimer Wealth Management LLC

Hohimer Wealth Management LLC acquired a new stake in shares of Post Holdings, Inc. (NYSE:POST - Free Report) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 4,723 shares of the company's stock, valued at approximately $550,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. MassMutual Private Wealth & Trust FSB increased its position in Post by 68.4% during the 1st quarter. MassMutual Private Wealth & Trust FSB now owns 352 shares of the company's stock worth $41,000 after purchasing an additional 143 shares during the period. True Wealth Design LLC grew its holdings in shares of Post by 281.2% in the 4th quarter. True Wealth Design LLC now owns 385 shares of the company's stock worth $44,000 after acquiring an additional 284 shares during the period. Bessemer Group Inc. grew its holdings in shares of Post by 200.0% in the 1st quarter. Bessemer Group Inc. now owns 477 shares of the company's stock worth $56,000 after acquiring an additional 318 shares during the period. Parallel Advisors LLC grew its holdings in shares of Post by 112.8% in the 1st quarter. Parallel Advisors LLC now owns 717 shares of the company's stock worth $83,000 after acquiring an additional 380 shares during the period. Finally, Fifth Third Bancorp grew its holdings in shares of Post by 27.3% in the 1st quarter. Fifth Third Bancorp now owns 829 shares of the company's stock worth $96,000 after acquiring an additional 178 shares during the period. 94.85% of the stock is owned by hedge funds and other institutional investors.

Post Price Performance

NYSE:POST traded down $0.25 during trading hours on Wednesday, reaching $105.32. 967,680 shares of the company traded hands, compared to its average volume of 574,772. The firm's 50-day moving average is $109.60 and its 200-day moving average is $111.24. The stock has a market cap of $5.87 billion, a P/E ratio of 18.74 and a beta of 0.48. The company has a debt-to-equity ratio of 1.81, a current ratio of 2.13 and a quick ratio of 1.43. Post Holdings, Inc. has a 1-year low of $103.33 and a 1-year high of $125.84.

Post (NYSE:POST - Get Free Report) last issued its quarterly earnings results on Thursday, May 8th. The company reported $1.41 earnings per share for the quarter, topping analysts' consensus estimates of $1.18 by $0.23. Post had a return on equity of 10.24% and a net margin of 4.53%. The company had revenue of $1.95 billion for the quarter, compared to analyst estimates of $1.98 billion. During the same quarter in the prior year, the company posted $1.51 EPS. The business's revenue for the quarter was down 2.3% compared to the same quarter last year. Equities research analysts expect that Post Holdings, Inc. will post 6.41 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on POST. Piper Sandler upped their price target on Post from $140.00 to $150.00 and gave the stock an "overweight" rating in a report on Wednesday, June 11th. Wells Fargo & Company lowered their price target on Post from $120.00 to $117.00 and set an "equal weight" rating on the stock in a report on Wednesday, July 9th. Mizuho lowered their price target on Post from $133.00 to $127.00 and set an "outperform" rating on the stock in a report on Wednesday, May 28th. Finally, Evercore ISI upped their price target on Post from $130.00 to $131.00 and gave the stock an "outperform" rating in a report on Wednesday, June 4th. One investment analyst has rated the stock with a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $130.00.

Insiders Place Their Bets

In other Post news, Director William P. Stiritz purchased 186,740 shares of Post stock in a transaction on Thursday, June 5th. The shares were bought at an average price of $109.11 per share, with a total value of $20,375,201.40. Following the purchase, the director directly owned 4,298,667 shares in the company, valued at $469,027,556.37. This trade represents a 4.54% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Nicolas Catoggio sold 1,750 shares of the 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 transaction, the chief executive officer directly owned 43,751 shares in the company, valued at approximately $4,767,546.47. This represents a 3.85% decrease in their position. The disclosure for this sale can be found here. Corporate 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.