Tidal Investments LLC Sells 2,790 Shares of Post Holdings, Inc. (NYSE:POST)

Tidal Investments LLC lowered its position in shares of Post Holdings, Inc. (NYSE:POST - Free Report) by 44.1% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,541 shares of the company's stock after selling 2,790 shares during the quarter. Tidal Investments LLC's holdings in Post were worth $405,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in POST. Norges Bank acquired a new stake in shares of Post during the 4th quarter worth about $108,991,000. The Manufacturers Life Insurance Company increased its position in shares of Post by 403.1% during the 4th quarter. The Manufacturers Life Insurance Company now owns 986,975 shares of the company's stock worth $112,969,000 after purchasing an additional 790,782 shares in the last quarter. Point72 Asset Management L.P. increased its position in shares of Post by 53.4% during the 4th quarter. Point72 Asset Management L.P. now owns 1,045,306 shares of the company's stock worth $119,646,000 after purchasing an additional 364,006 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in shares of Post during the 4th quarter worth about $36,751,000. Finally, Freestone Grove Partners LP acquired a new stake in shares of Post during the 4th quarter worth about $19,576,000. Institutional investors and hedge funds own 94.85% of the company's stock.

Wall Street Analysts Forecast Growth

POST has been the subject of a number of recent analyst reports. Piper Sandler increased their target price on shares of Post from $120.00 to $140.00 and gave the stock an "overweight" rating in a research report on Monday, February 10th. Mizuho decreased their price objective on shares of 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 decreased their price objective on shares of Post from $124.00 to $120.00 and set an "equal weight" rating on the stock 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 data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $128.00.

Post Trading Down 0.8%

Shares of NYSE POST traded down $0.89 during mid-day trading on Tuesday, hitting $109.31. The company's stock had a trading volume of 409,770 shares, compared to its average volume of 549,379. The stock has a market cap of $6.09 billion, a price-to-earnings ratio of 18.01 and a beta of 0.50. The company has a debt-to-equity ratio of 1.78, a current ratio of 2.39 and a quick ratio of 1.64. Post Holdings, Inc. has a one year low of $99.70 and a one year high of $125.84. The company's fifty day simple moving average is $112.70 and its 200-day simple moving average is $112.66.

Post (NYSE:POST - Get Free Report) last issued its 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. The company had revenue of $1.95 billion for the quarter, compared to analyst estimates of $1.98 billion. Post had a net margin of 4.94% and a return on equity of 10.48%. The company's revenue for the quarter was down 2.3% on a year-over-year basis. During the same quarter last year, the firm earned $1.51 EPS. On average, sell-side analysts anticipate that Post Holdings, Inc. will post 6.41 earnings per share 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.