Post Holdings, Inc. (NYSE:POST) Shares Acquired by Silver Oak Securities Incorporated

Silver Oak Securities Incorporated lifted its stake in shares of Post Holdings, Inc. (NYSE:POST - Free Report) by 73.3% in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 6,675 shares of the company's stock after buying an additional 2,824 shares during the quarter. Silver Oak Securities Incorporated's holdings in Post were worth $768,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. MassMutual Private Wealth & Trust FSB boosted 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 worth $41,000 after acquiring an additional 143 shares in the last quarter. True Wealth Design LLC lifted its stake in Post by 281.2% during the fourth quarter. True Wealth Design LLC now owns 385 shares of the company's stock worth $44,000 after purchasing an additional 284 shares during the last quarter. Parallel Advisors LLC boosted its holdings in Post by 112.8% in the first quarter. Parallel Advisors LLC now owns 717 shares of the company's stock valued at $83,000 after purchasing an additional 380 shares in the last quarter. Fifth Third Bancorp boosted its holdings in Post by 27.3% in the first quarter. Fifth Third Bancorp now owns 829 shares of the company's stock valued at $96,000 after purchasing an additional 178 shares in the last quarter. Finally, Versant Capital Management Inc increased its stake in Post by 24.6% in the first quarter. Versant Capital Management Inc now owns 1,159 shares of the company's stock valued at $135,000 after purchasing an additional 229 shares during the last quarter. 94.85% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several brokerages have recently weighed in on POST. Mizuho reduced their price objective on shares of Post from $133.00 to $127.00 and set an "outperform" rating for the company in a research report on Wednesday, May 28th. Piper Sandler lifted their price target on shares of Post from $140.00 to $150.00 and gave the stock an "overweight" rating in a research note on Wednesday, June 11th. Wells Fargo & Company reduced their price target on shares of Post from $124.00 to $120.00 and set an "equal weight" rating for the company in a research report on Monday, May 12th. Finally, Evercore ISI raised their price objective on Post from $130.00 to $131.00 and gave the stock an "outperform" rating in a report on Wednesday, June 4th. One analyst has rated the stock with a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $130.50.

Insider Activity

In related news, Director William P. Stiritz purchased 186,740 shares of the business's stock in a transaction dated Thursday, June 5th. The stock was acquired at an average price of $109.11 per share, for a total transaction of $20,375,201.40. Following the completion of the purchase, the director now directly owns 4,298,667 shares of the company's stock, valued at $469,027,556.37. This trade represents a 4.54% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible 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 transaction of $190,697.50. Following the completion of the transaction, the chief executive officer now owns 43,751 shares in the company, 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. Corporate insiders own 11.40% of the company's stock.

Post Stock Performance

Shares of POST traded up $0.12 during mid-day trading on Thursday, reaching $112.64. 611,011 shares of the company's stock were exchanged, compared to its average volume of 558,259. The business's fifty day simple moving average is $111.76 and its 200-day simple moving average is $112.32. The stock has a market capitalization of $6.28 billion, a PE ratio of 20.04 and a beta of 0.49. Post Holdings, Inc. has a 52-week low of $101.51 and a 52-week high of $125.84. 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 (NYSE:POST - Get Free Report) last issued its quarterly earnings results on Thursday, May 8th. The company reported $1.41 earnings per share 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 analysts' expectations of $1.98 billion. Post had a net margin of 4.53% and a return on equity of 10.24%. Post's quarterly revenue was down 2.3% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.51 EPS. On average, equities research analysts expect that Post Holdings, Inc. will post 6.41 earnings per share for the current year.

Post Company 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.