Jefferies Financial Group Inc. Acquires Shares of 2,520 Post Holdings, Inc. (NYSE:POST)

Jefferies Financial Group Inc. acquired a new position in Post Holdings, Inc. (NYSE:POST - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 2,520 shares of the company's stock, valued at approximately $288,000.

Other institutional investors have also recently made changes to their positions in the company. Parkside Financial Bank & Trust boosted its stake in Post by 6.5% in the 4th quarter. Parkside Financial Bank & Trust now owns 1,699 shares of the company's stock worth $194,000 after purchasing an additional 103 shares during the period. Savant Capital LLC raised its position in shares of Post by 3.8% during the fourth quarter. Savant Capital LLC now owns 3,023 shares of the company's stock valued at $346,000 after buying an additional 110 shares during the last quarter. Truist Financial Corp lifted its holdings in shares of Post by 4.2% in the fourth quarter. Truist Financial Corp now owns 2,781 shares of the company's stock worth $318,000 after buying an additional 113 shares in the last quarter. Exchange Traded Concepts LLC boosted its position in shares of Post by 2.5% during the fourth quarter. Exchange Traded Concepts LLC now owns 6,450 shares of the company's stock worth $738,000 after acquiring an additional 160 shares during the last quarter. Finally, Principal Securities Inc. boosted its position in shares of Post by 10.6% during the fourth quarter. Principal Securities Inc. now owns 2,041 shares of the company's stock worth $234,000 after acquiring an additional 195 shares during the last quarter. Hedge funds and other institutional investors own 94.85% of the company's stock.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on POST. 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. Wells Fargo & Company cut their price objective on Post from $124.00 to $120.00 and set an "equal weight" rating for the company in a research report on Monday, May 12th. One investment analyst has rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $128.20.

Insider Activity at Post

In other news, CEO Nicolas Catoggio sold 5,000 shares of the stock in a transaction on Tuesday, February 25th. The shares were sold at an average price of $116.50, for a total value of $582,500.00. Following the sale, the chief executive officer now owns 55,501 shares of the company's stock, valued at approximately $6,465,866.50. This represents a 8.26% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CAO Diedre J. Gray sold 15,157 shares of Post stock in a transaction dated Friday, February 21st. The stock was sold at an average price of $115.80, for a total transaction of $1,755,180.60. Following the transaction, the chief accounting officer now directly owns 19,325 shares of the company's stock, valued at approximately $2,237,835. This represents a 43.96% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 27,157 shares of company stock worth $3,139,361. Company insiders own 11.40% of the company's stock.

Post Price Performance

Shares of NYSE POST traded up $0.47 during mid-day trading on Tuesday, hitting $110.41. 422,317 shares of the company's stock traded hands, compared to its average volume of 551,317. 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 Holdings, Inc. has a 1 year low of $99.70 and a 1 year high of $125.84. The company's 50-day moving average is $113.41 and its two-hundred day moving average is $112.65. The company has a market capitalization of $6.15 billion, a P/E ratio of 18.19 and a beta of 0.50.

Post (NYSE:POST - Get Free Report) last issued its quarterly earnings data on Thursday, May 8th. The company reported $1.41 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.18 by $0.23. The business had revenue of $1.95 billion for the quarter, compared to the consensus estimate of $1.98 billion. Post had a return on equity of 10.48% and a net margin of 4.94%. The company's quarterly revenue was down 2.3% compared to the same quarter last year. During the same period in the prior year, the business posted $1.51 earnings per share. On average, equities analysts anticipate that Post Holdings, Inc. will post 6.41 EPS for the current fiscal year.

Post 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.