Post Holdings, Inc. (NYSE:POST) Shares Purchased by Jefferies Financial Group Inc.

Key Points

• Jefferies Financial Group Inc. increased its stake in Post Holdings, Inc. by 145.5% during the first quarter, acquiring an additional 3,666 shares, leading to total holdings valued at approximately $720,000.
• Post Holdings' stock has been the subject of mixed analyst ratings, with the consensus rating being a "Moderate Buy" and an average price target of $130.00 despite varying target adjustments from several research analysts.
• Insider activity includes Director William P. Stiritz purchasing 186,740 shares at an average cost of $109.11, increasing his stake by 4.54%, while CEO Nicolas Catoggio sold 1,750 shares, reducing his holdings.

Jefferies Financial Group Inc. raised its holdings in shares of Post Holdings, Inc. (NYSE:POST - Free Report) by 145.5% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 6,186 shares of the company's stock after acquiring an additional 3,666 shares during the quarter. Jefferies Financial Group Inc.'s holdings in Post were worth $720,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in POST. MassMutual Private Wealth & Trust FSB boosted its position in Post by 68.4% during the first quarter. MassMutual Private Wealth & Trust FSB now owns 352 shares of the company's stock valued at $41,000 after buying an additional 143 shares during the period. Millstone Evans Group LLC boosted its position in Post by 167.2% during the first quarter. Millstone Evans Group LLC now owns 358 shares of the company's stock valued at $42,000 after buying an additional 224 shares during the period. True Wealth Design LLC boosted its position in Post by 281.2% during the fourth quarter. True Wealth Design LLC now owns 385 shares of the company's stock valued at $44,000 after buying an additional 284 shares during the period. Bessemer Group Inc. boosted its position in Post by 200.0% during 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 during the period. Finally, Parallel Advisors LLC boosted its position in Post by 112.8% during the first quarter. Parallel Advisors LLC now owns 717 shares of the company's stock valued at $83,000 after buying an additional 380 shares during the period. Institutional investors own 94.85% of the company's stock.

Insiders Place Their Bets

In other Post news, Director William P. Stiritz purchased 186,740 shares of the firm's stock in a transaction dated Thursday, June 5th. The shares were purchased at an average cost of $109.11 per share, with a total value of $20,375,201.40. Following the completion of the purchase, 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 position. The acquisition was disclosed in a document filed with the SEC, which is available through this link. Also, CEO Nicolas Catoggio sold 1,750 shares of the firm's stock in a transaction dated Thursday, June 5th. The stock was 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 directly owned 43,751 shares in the company, valued at approximately $4,767,546.47. This 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 Analysts Forecast Growth

Several brokerages have commented on POST. 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 report on Wednesday, May 28th. Piper Sandler raised their price objective on shares of Post from $140.00 to $150.00 and gave the stock an "overweight" rating in a report on Wednesday, June 11th. Evercore ISI raised their price objective on shares of Post from $130.00 to $131.00 and gave the stock an "outperform" rating in a report on Wednesday, June 4th. Finally, Wells Fargo & Company decreased their target price on shares of Post from $120.00 to $117.00 and set an "equal weight" rating for the company in a research note on Wednesday, July 9th.

Post Stock Performance

Post stock traded up $0.43 during mid-day trading on Thursday, reaching $102.87. 868,917 shares of the company traded hands, compared to its average volume of 694,137. 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 fifty-two week low of $101.05 and a fifty-two week high of $125.84. The company has a market capitalization of $5.73 billion, a price-to-earnings ratio of 18.30 and a beta of 0.49. The firm's fifty day moving average is $108.53 and its two-hundred day moving average is $110.86.

Post (NYSE:POST - Get Free Report) last released its quarterly earnings data on Thursday, August 7th. The company reported $2.03 earnings per share for the quarter, topping analysts' consensus estimates of $1.67 by $0.36. Post had a net margin of 4.53% and a return on equity of 10.24%. Post's revenue for the quarter was up 1.9% compared to the same quarter last year. During the same period last year, the company earned $1.54 EPS. On average, equities research analysts expect that Post Holdings, Inc. will post 6.41 earnings per share 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.