Natixis Advisors LLC Has $19.30 Million Position in Post Holdings, Inc. (NYSE:POST)

Key Points

• Natixis Advisors LLC increased its stake in Post Holdings by 11.9%, owning a total of 165,881 shares valued at approximately $19.3 million.
• Director William P. Stiritz purchased 186,740 shares of Post stock, resulting in a 4.54% increase in his position.
• Post Holdings reported an EPS of $1.41 for the last quarter, beating analysts' estimates, despite a 2.3% year-over-year revenue decline.

Natixis Advisors LLC boosted its stake in Post Holdings, Inc. (NYSE:POST - Free Report) by 11.9% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 165,881 shares of the company's stock after acquiring an additional 17,609 shares during the quarter. Natixis Advisors LLC owned about 0.29% of Post worth $19,302,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of POST. MassMutual Private Wealth & Trust FSB raised its position 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 valued at $41,000 after acquiring an additional 143 shares in the last quarter. Millstone Evans Group LLC raised its position in shares of Post by 167.2% during the 1st quarter. Millstone Evans Group LLC now owns 358 shares of the company's stock valued at $42,000 after acquiring an additional 224 shares in the last quarter. True Wealth Design LLC raised its position in shares of Post by 281.2% during the 4th quarter. True Wealth Design LLC now owns 385 shares of the company's stock valued at $44,000 after acquiring an additional 284 shares in the last quarter. Bessemer Group Inc. raised its position in shares of Post by 200.0% during the 1st quarter. Bessemer Group Inc. now owns 477 shares of the company's stock valued at $56,000 after acquiring an additional 318 shares in the last quarter. Finally, Parallel Advisors LLC increased its position in Post by 112.8% in the first quarter. Parallel Advisors LLC now owns 717 shares of the company's stock worth $83,000 after buying an additional 380 shares during the period. Hedge funds and other institutional investors own 94.85% of the company's stock.

Analyst Ratings Changes

Several equities research analysts have weighed in on POST shares. Mizuho dropped their target price on Post from $133.00 to $127.00 and set an "outperform" rating on the stock in a research report on Wednesday, May 28th. Wells Fargo & Company decreased their price target on Post from $120.00 to $117.00 and set an "equal weight" rating for the company in a research note on Wednesday, July 9th. Evercore ISI increased their price target on Post from $130.00 to $131.00 and gave the stock an "outperform" rating in a research note on Wednesday, June 4th. Finally, Piper Sandler raised their target price on Post from $140.00 to $150.00 and gave the company an "overweight" rating in a research note on Wednesday, June 11th. One equities research analyst has rated the stock with a hold rating and five have issued a buy rating to the company's stock. According to MarketBeat, Post has an average rating of "Moderate Buy" and an average target price of $130.00.

Insider Buying and Selling

In other Post news, CEO Nicolas Catoggio sold 1,750 shares of the company's stock in a transaction on Thursday, June 5th. The stock was sold at an average price of $108.97, for a total value of $190,697.50. Following the sale, the chief executive officer directly owned 43,751 shares in the company, valued at $4,767,546.47. This represents a 3.85% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director William P. Stiritz purchased 186,740 shares of the stock in a transaction on Thursday, June 5th. The stock was bought at an average price of $109.11 per share, for a total transaction of $20,375,201.40. Following the completion of the transaction, the director directly owned 4,298,667 shares of the company's stock, valued at approximately $469,027,556.37. This trade represents a 4.54% increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders own 11.40% of the company's stock.

Post Stock Down 1.9%

Shares of Post stock traded down $2.03 during trading on Tuesday, hitting $103.18. 923,991 shares of the stock traded hands, compared to its average volume of 705,435. The stock has a market cap of $5.75 billion, a P/E ratio of 18.36 and a beta of 0.49. The company has a debt-to-equity ratio of 1.81, a quick ratio of 1.43 and a current ratio of 2.13. Post Holdings, Inc. has a twelve month low of $103.10 and a twelve month high of $125.84. The company has a fifty day moving average price of $108.80 and a two-hundred day moving average price of $110.95.

Post (NYSE:POST - Get Free Report) last announced its quarterly earnings results on Thursday, May 8th. The company reported $1.41 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.18 by $0.23. Post had a return on equity of 10.24% and a net margin of 4.53%. The business had revenue of $1.95 billion during the quarter, compared to analyst estimates of $1.98 billion. During the same period in the previous year, the company earned $1.51 EPS. The firm's revenue was down 2.3% on a year-over-year basis. Equities research analysts predict that Post Holdings, Inc. will post 6.41 EPS for the current fiscal year.

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.