TD Private Client Wealth LLC Buys 3,707 Shares of Post Holdings, Inc. (NYSE:POST)

TD Private Client Wealth LLC raised its holdings in Post Holdings, Inc. (NYSE:POST - Free Report) by 38.7% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 13,285 shares of the company's stock after acquiring an additional 3,707 shares during the quarter. TD Private Client Wealth LLC's holdings in Post were worth $1,546,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Vanguard Group Inc. lifted its holdings in Post by 0.3% in the 4th quarter. Vanguard Group Inc. now owns 5,140,299 shares of the company's stock valued at $588,359,000 after acquiring an additional 13,272 shares during the last quarter. Dimensional Fund Advisors LP lifted its stake in Post by 2.3% during the fourth quarter. Dimensional Fund Advisors LP now owns 3,201,394 shares of the company's stock valued at $366,428,000 after buying an additional 70,850 shares in the last quarter. Point72 Asset Management L.P. lifted its stake in Post by 53.4% during the fourth quarter. Point72 Asset Management L.P. now owns 1,045,306 shares of the company's stock valued at $119,646,000 after buying an additional 364,006 shares in the last quarter. The Manufacturers Life Insurance Company lifted its stake in Post by 403.1% during the fourth quarter. The Manufacturers Life Insurance Company now owns 986,975 shares of the company's stock valued at $112,969,000 after buying an additional 790,782 shares in the last quarter. Finally, Norges Bank purchased a new stake in Post during the fourth quarter valued at about $108,991,000. 94.85% of the stock is owned by institutional investors and hedge funds.

Post Stock Performance

POST stock traded up $1.29 during midday trading on Thursday, hitting $107.01. The stock had a trading volume of 142,996 shares, compared to its average volume of 614,408. The firm has a market capitalization of $5.96 billion, a price-to-earnings ratio of 19.05 and a beta of 0.48. Post Holdings, Inc. has a 52 week low of $103.33 and a 52 week high of $125.84. The stock has a 50-day simple moving average of $110.22 and a 200 day simple moving average of $111.52. The company has a current ratio of 2.13, a quick ratio of 1.43 and a debt-to-equity ratio of 1.81.

Post (NYSE:POST - Get Free Report) last released its quarterly earnings data on Thursday, May 8th. The company reported $1.41 earnings per share (EPS) for the quarter, topping 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 firm had revenue of $1.95 billion during the quarter, compared to analyst estimates of $1.98 billion. During the same period in the prior year, the company posted $1.51 earnings per share. The business's revenue for the quarter was down 2.3% compared to the same quarter last year. As a group, equities research analysts anticipate that Post Holdings, Inc. will post 6.41 earnings per share for the current year.

Insiders Place Their Bets

In other news, CEO Nicolas Catoggio sold 1,750 shares of the firm'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 completion of the sale, the chief executive officer directly owned 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 sale was disclosed in a filing with the SEC, which is available through this link. Also, Director William P. Stiritz bought 186,740 shares of the stock in a transaction dated Thursday, June 5th. The stock was acquired at an average price of $109.11 per share, with a total value of $20,375,201.40. Following the completion of the purchase, the director owned 4,298,667 shares of the company's stock, valued at $469,027,556.37. This represents a 4.54% increase in their position. The disclosure for this purchase can be found here. Company insiders own 11.40% of the company's stock.

Wall Street Analyst Weigh In

A number of research firms have commented on POST. Piper Sandler upped their price objective on shares of Post from $140.00 to $150.00 and gave the company an "overweight" rating in a research note on Wednesday, June 11th. Evercore ISI upped their target price on Post from $130.00 to $131.00 and gave the company an "outperform" rating in a report on Wednesday, June 4th. Mizuho dropped their target price on Post from $133.00 to $127.00 and set an "outperform" rating on the stock in a report on Wednesday, May 28th. Finally, Wells Fargo & Company dropped their price objective on Post from $120.00 to $117.00 and set an "equal weight" rating on the stock in a report on Wednesday. One equities research analyst has rated the stock with a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $130.00.

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.