Post Holdings, Inc. (NYSE:POST) Shares Sold by Virtus Investment Advisers Inc.

Virtus Investment Advisers Inc. reduced its holdings in Post Holdings, Inc. (NYSE:POST - Free Report) by 98.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 810 shares of the company's stock after selling 40,000 shares during the period. Virtus Investment Advisers Inc.'s holdings in Post were worth $93,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Norges Bank acquired a new stake in shares of Post in the fourth quarter worth approximately $108,991,000. The Manufacturers Life Insurance Company boosted its stake in shares of Post by 403.1% in the fourth quarter. The Manufacturers Life Insurance Company now owns 986,975 shares of the company's stock worth $112,969,000 after acquiring an additional 790,782 shares during the last quarter. Point72 Asset Management L.P. boosted its stake in shares of Post by 53.4% in the fourth quarter. Point72 Asset Management L.P. now owns 1,045,306 shares of the company's stock worth $119,646,000 after acquiring an additional 364,006 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in shares of Post in the fourth quarter worth approximately $36,751,000. Finally, Freestone Grove Partners LP acquired a new stake in shares of Post in the fourth quarter worth approximately $19,576,000. 94.85% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, CEO Nicolas Catoggio sold 5,000 shares of Post stock in a transaction that occurred on Tuesday, February 25th. The stock was sold at an average price of $116.50, for a total transaction of $582,500.00. Following the transaction, the chief executive officer now owns 55,501 shares in the company, valued at approximately $6,465,866.50. This trade represents a 8.26% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CAO Diedre J. Gray sold 15,157 shares of Post stock in a transaction on Friday, February 21st. The shares were sold at an average price of $115.80, for a total value of $1,755,180.60. Following the completion of the sale, the chief accounting officer now owns 19,325 shares in the company, valued at $2,237,835. This represents a 43.96% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 27,157 shares of company stock worth $3,139,361. 11.40% of the stock is owned by corporate insiders.

Post Stock Performance

Shares of Post stock opened at $109.89 on Tuesday. Post Holdings, Inc. has a one year low of $99.70 and a one year high of $125.84. The company has a market cap of $6.12 billion, a price-to-earnings ratio of 18.10 and a beta of 0.50. The company has a debt-to-equity ratio of 1.78, a quick ratio of 1.64 and a current ratio of 2.39. The business's 50 day moving average price is $113.43 and its 200 day moving average price is $112.67.

Post (NYSE:POST - Get Free Report) last announced its quarterly earnings data on Thursday, May 8th. The company reported $1.41 EPS for the quarter, topping analysts' consensus estimates of $1.18 by $0.23. Post had a return on equity of 10.48% and a net margin of 4.94%. The firm had revenue of $1.95 billion for the quarter, compared to the consensus estimate of $1.98 billion. During the same quarter last year, the business posted $1.51 earnings per share. The firm's revenue was down 2.3% compared to the same quarter last year. On average, research analysts predict that Post Holdings, Inc. will post 6.41 EPS for the current year.

Analyst Upgrades and Downgrades

POST has been the topic of a number of research analyst reports. Piper Sandler lifted their price target on Post from $120.00 to $140.00 and gave the stock an "overweight" rating in a research note on Monday, February 10th. Wells Fargo & Company lowered their price target on Post from $124.00 to $120.00 and set an "equal weight" rating on the stock in a research note on Monday, May 12th. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $128.20.

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.

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