New Age Alpha Advisors LLC Makes New Investment in Post Holdings, Inc. (NYSE:POST)

New Age Alpha Advisors LLC acquired a new position in Post Holdings, Inc. (NYSE:POST - Free Report) in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 18,863 shares of the company's stock, valued at approximately $2,195,000.

Other hedge funds also recently bought and sold shares of the company. Argent Trust Co boosted its holdings in Post by 26.4% in the first quarter. Argent Trust Co now owns 5,105 shares of the company's stock worth $594,000 after acquiring an additional 1,067 shares in the last quarter. Jefferies Financial Group Inc. lifted its position in Post by 145.5% during the first quarter. Jefferies Financial Group Inc. now owns 6,186 shares of the company's stock valued at $720,000 after purchasing an additional 3,666 shares during the period. Natixis Advisors LLC lifted its position in Post by 11.9% during the first quarter. Natixis Advisors LLC now owns 165,881 shares of the company's stock valued at $19,302,000 after purchasing an additional 17,609 shares during the period. Vestcor Inc purchased a new stake in Post in the first quarter valued at $416,000. Finally, Federated Hermes Inc. grew its position in Post by 6.3% during the 1st quarter. Federated Hermes Inc. now owns 12,703 shares of the company's stock worth $1,478,000 after purchasing an additional 753 shares during the period. Hedge funds and other institutional investors own 94.85% of the company's stock.

Post Trading Up 4.8%

NYSE:POST traded up $4.90 during trading hours on Friday, reaching $107.80. 1,158,439 shares of the stock were exchanged, compared to its average volume of 702,810. Post Holdings, Inc. has a twelve month low of $101.05 and a twelve month high of $125.84. The business has a 50-day moving average of $108.48 and a two-hundred day moving average of $110.86. The company has a market capitalization of $6.01 billion, a price-to-earnings ratio of 18.33 and a beta of 0.49. The company has a quick ratio of 1.43, a current ratio of 2.13 and a debt-to-equity ratio of 1.81.

Post (NYSE:POST - Get Free Report) last released its earnings results on Thursday, August 7th. The company reported $2.03 earnings per share for the quarter, beating the consensus estimate of $1.67 by $0.36. The company 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 10.84% and a net margin of 4.62%. Post's revenue was up 1.9% compared to the same quarter last year. During the same period in the previous year, the company posted $1.54 EPS. On average, equities analysts predict that Post Holdings, Inc. will post 6.41 EPS for the current year.

Analyst Ratings Changes

POST has been the topic of a number of analyst reports. Mizuho dropped their price objective on shares of Post from $133.00 to $127.00 and set an "outperform" rating on the stock in a research note on Wednesday, May 28th. Evercore ISI upped 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. Wells Fargo & Company decreased their target price on shares of Post from $120.00 to $117.00 and set an "equal weight" rating on the stock in a report on Wednesday, July 9th. Finally, Piper Sandler upped their price objective on Post from $140.00 to $150.00 and gave the company an "overweight" rating in a report on Wednesday, June 11th.

Insider Activity at Post

In related news, Director William P. Stiritz acquired 186,740 shares of the business's stock in a transaction dated Thursday, June 5th. The shares were acquired at an average price of $109.11 per share, with a total value of $20,375,201.40. Following the completion of the transaction, the director owned 4,298,667 shares of the company's stock, valued at $469,027,556.37. The trade was a 4.54% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 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 corporate insiders.

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.