Northern Trust Corp Sells 10,053 Shares of Post Holdings, Inc. $POST

Key Points

• Northern Trust Corp reduced its stake in Post Holdings, Inc. by 2.2%, now holding approximately 436,993 shares valued at $50.8 million following the sale of 10,053 shares.
• Analysts have mixed ratings for POST, with price targets ranging from $117.00 to $150.00, and a consensus rating of "Moderate Buy".
• CEO Nicolas Catoggio sold 1,750 shares of POST at an average price of $108.97, while Director William P. Stiritz bought 186,740 shares at $109.11, increasing their positions significantly.

Northern Trust Corp reduced its position in Post Holdings, Inc. (NYSE:POST - Free Report) by 2.2% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 436,993 shares of the company's stock after selling 10,053 shares during the quarter. Northern Trust Corp owned about 0.77% of Post worth $50,849,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of POST. Sequoia Financial Advisors LLC boosted its stake in shares of Post by 2.8% in the 1st quarter. Sequoia Financial Advisors LLC now owns 4,960 shares of the company's stock valued at $577,000 after purchasing an additional 133 shares in the last quarter. MassMutual Private Wealth & Trust FSB boosted its stake in shares of 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 in the last quarter. ProShare Advisors LLC boosted its stake in shares of Post by 7.4% in the 4th quarter. ProShare Advisors LLC now owns 2,215 shares of the company's stock valued at $254,000 after purchasing an additional 152 shares in the last quarter. Vident Advisory LLC boosted its stake in shares of Post by 5.0% in the 4th quarter. Vident Advisory LLC now owns 3,450 shares of the company's stock valued at $395,000 after purchasing an additional 163 shares in the last quarter. Finally, Xponance Inc. boosted its stake in shares of Post by 3.2% in the 1st quarter. Xponance Inc. now owns 5,608 shares of the company's stock valued at $653,000 after purchasing an additional 174 shares in the last quarter. 94.85% of the stock is owned by institutional investors.

Analyst Ratings Changes

POST has been the topic of a number of research analyst reports. Wells Fargo & Company reduced their price target on shares of Post from $120.00 to $117.00 and set an "equal weight" rating on the stock in a research note on Wednesday, July 9th. Mizuho reduced their price target 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. Piper Sandler boosted their target price 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 upped their price target on shares of Post from $130.00 to $131.00 and gave the company an "outperform" rating in a research report on Wednesday, June 4th. Finally, JPMorgan Chase & Co. upped their price target on shares of Post from $122.00 to $131.00 and gave the company an "overweight" rating in a research report on Tuesday. Four analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $131.20.

Insider Buying and Selling

In other news, CEO Nicolas Catoggio sold 1,750 shares of the business's stock in a transaction that occurred 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 transaction, the chief executive officer owned 43,751 shares in the company, valued at approximately $4,767,546.47. The trade was a 3.85% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director William P. Stiritz purchased 186,740 shares of the company's stock in a transaction dated Thursday, June 5th. The stock was purchased at an average price of $109.11 per share, for a total transaction of $20,375,201.40. Following the transaction, the director directly owned 4,298,667 shares in the company, valued at approximately $469,027,556.37. This trade represents a 4.54% increase in their position. The disclosure for this purchase can be found here. 11.40% of the stock is currently owned by insiders.

Post Stock Up 1.0%

Shares of NYSE POST opened at $113.40 on Thursday. The company has a market capitalization of $6.16 billion, a P/E ratio of 19.29 and a beta of 0.49. Post Holdings, Inc. has a 52-week low of $101.05 and a 52-week high of $125.84. The company has a debt-to-equity ratio of 1.83, a quick ratio of 1.84 and a current ratio of 2.60. The company's 50 day moving average price is $108.20 and its 200-day moving average price is $111.14.

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

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