Millennium Management LLC Has $3.55 Million Stock Position in Post Holdings, Inc. (NYSE:POST)

Millennium Management LLC decreased its holdings in shares of Post Holdings, Inc. (NYSE:POST - Free Report) by 92.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 30,993 shares of the company's stock after selling 357,370 shares during the quarter. Millennium Management LLC owned approximately 0.05% of Post worth $3,547,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Parkside Financial Bank & Trust grew its stake in Post by 6.5% in the 4th quarter. Parkside Financial Bank & Trust now owns 1,699 shares of the company's stock valued at $194,000 after buying an additional 103 shares during the last quarter. HighPoint Advisor Group LLC acquired a new position in Post in the 4th quarter valued at $202,000. CIBC Asset Management Inc acquired a new position in Post in the 4th quarter valued at $206,000. Trust Point Inc. acquired a new position in Post in the 4th quarter valued at $208,000. Finally, Blue Trust Inc. grew its stake in Post by 68.1% in the 4th quarter. Blue Trust Inc. now owns 1,815 shares of the company's stock valued at $210,000 after buying an additional 735 shares during the last quarter. Institutional investors and hedge funds own 94.85% of the company's stock.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on POST. Piper Sandler raised their target price on shares of Post from $120.00 to $140.00 and gave the company an "overweight" rating in a research note on Monday, February 10th. Mizuho lowered 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. Finally, 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 report on Monday, May 12th. One equities research analyst has rated the stock with a hold rating and five have given a buy rating to the stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $128.00.

Insider Transactions at Post

In other news, SVP Bradly A. Harper sold 2,000 shares of the firm's stock in a transaction dated Tuesday, March 4th. The shares were sold at an average price of $114.59, for a total transaction of $229,180.00. Following the completion of the transaction, the senior vice president now directly owns 8,741 shares of the company's stock, valued at approximately $1,001,631.19. This trade represents a 18.62% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 11.40% of the stock is owned by insiders.

Post Stock Performance

Post stock traded down $0.43 during mid-day trading on Monday, reaching $110.16. The company had a trading volume of 344,717 shares, compared to its average volume of 549,031. The company has a quick ratio of 1.64, a current ratio of 2.39 and a debt-to-equity ratio of 1.78. Post Holdings, Inc. has a 52 week low of $99.70 and a 52 week high of $125.84. The company has a 50 day moving average of $112.89 and a 200-day moving average of $112.66. The firm has a market cap of $6.14 billion, a price-to-earnings ratio of 18.15 and a beta of 0.50.

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, beating analysts' consensus estimates of $1.18 by $0.23. Post had a net margin of 4.94% and a return on equity of 10.48%. The firm had revenue of $1.95 billion during the quarter, compared to the consensus estimate of $1.98 billion. During the same period in the prior year, the firm earned $1.51 EPS. The business's revenue was down 2.3% on a year-over-year basis. On average, sell-side analysts expect 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.