Post Holdings, Inc. (NYSE:POST) is Hennessy Advisors Inc.'s 8th Largest Position

Hennessy Advisors Inc. lowered its position in Post Holdings, Inc. (NYSE:POST - Free Report) by 8.9% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 452,500 shares of the company's stock after selling 44,300 shares during the period. Post makes up approximately 1.8% of Hennessy Advisors Inc.'s investment portfolio, making the stock its 8th largest holding. Hennessy Advisors Inc. owned 0.80% of Post worth $52,653,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of POST. MassMutual Private Wealth & Trust FSB grew its stake in shares of 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 raised its position in shares of Post by 281.2% in the fourth 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. Parallel Advisors LLC boosted its stake in shares of Post by 112.8% during the 1st quarter. Parallel Advisors LLC now owns 717 shares of the company's stock worth $83,000 after acquiring an additional 380 shares in the last quarter. Fifth Third Bancorp grew its position in shares of Post by 27.3% during the 1st quarter. Fifth Third Bancorp now owns 829 shares of the company's stock valued at $96,000 after acquiring an additional 178 shares during the period. Finally, State of Wyoming grew its position in shares of Post by 33.1% during the 4th quarter. State of Wyoming now owns 1,183 shares of the company's stock valued at $135,000 after acquiring an additional 294 shares during the period. Institutional investors and hedge funds own 94.85% of the company's stock.

Post Trading Down 0.8%

Post stock traded down $0.96 during mid-day trading on Tuesday, hitting $112.53. The company's stock had a trading volume of 651,076 shares, compared to its average volume of 608,298. The stock's fifty day moving average is $111.96 and its two-hundred day moving average is $112.37. The company has a current ratio of 2.39, a quick ratio of 1.64 and a debt-to-equity ratio of 1.78. The firm has a market capitalization of $6.27 billion, a PE ratio of 18.54 and a beta of 0.49. Post Holdings, Inc. has a 1 year low of $101.51 and a 1 year high of $125.84.

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, topping analysts' consensus estimates of $1.18 by $0.23. The firm had revenue of $1.95 billion during 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% on a year-over-year basis. During the same period last year, the company earned $1.51 EPS. On average, analysts anticipate that Post Holdings, Inc. will post 6.41 EPS for the current year.

Insider Buying and Selling

In other news, Director William P. Stiritz bought 186,740 shares of the stock in a transaction that occurred on Thursday, June 5th. The stock was bought at an average cost of $109.11 per share, for a total transaction of $20,375,201.40. Following the acquisition, the director now directly owns 4,298,667 shares of the company's stock, valued at $469,027,556.37. The trade was a 4.54% increase in their position. The purchase was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Nicolas Catoggio sold 1,750 shares of the business'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 sale, the chief executive officer now owns 43,751 shares in the company, valued at $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 currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on the company. Wells Fargo & Company reduced their target price on Post from $124.00 to $120.00 and set an "equal weight" rating for the company in a report on Monday, May 12th. Evercore ISI raised their price objective on Post from $130.00 to $131.00 and gave the company an "outperform" rating in a report on Wednesday, June 4th. Piper Sandler upped 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. Finally, Mizuho decreased their target price 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. One analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat, Post currently has an average rating of "Moderate Buy" and an average target price of $130.50.

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.