AlphaQuest LLC Buys 2,566 Shares of Post Holdings, Inc. $POST

Key Points

• AlphaQuest LLC has increased its holdings in Post Holdings, Inc. by 23.1%, now owning 13,665 shares valued at approximately $1.59 million.
• Insider transactions include Director William P. Stiritz acquiring 186,740 shares for over $20 million, while CEO Nicolas Catoggio sold 1,750 shares valued at $190,697.50.
• Analysts have mixed price targets for Post, with Wells Fargo lowering its target to $117, while Piper Sandler raised it to $150, contributing to a consensus rating of "Moderate Buy".

AlphaQuest LLC raised its stake in Post Holdings, Inc. (NYSE:POST - Free Report) by 23.1% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 13,665 shares of the company's stock after purchasing an additional 2,566 shares during the period. AlphaQuest LLC's holdings in Post were worth $1,590,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Brooklyn Investment Group increased its holdings in shares of Post by 232.1% in the first quarter. Brooklyn Investment Group now owns 279 shares of the company's stock valued at $32,000 after purchasing an additional 195 shares during the last quarter. MassMutual Private Wealth & Trust FSB increased its holdings in shares of Post by 68.4% in the first quarter. MassMutual Private Wealth & Trust FSB now owns 352 shares of the company's stock valued at $41,000 after purchasing an additional 143 shares during the last quarter. Millstone Evans Group LLC increased its holdings in shares of Post by 167.2% in the first quarter. Millstone Evans Group LLC now owns 358 shares of the company's stock valued at $42,000 after purchasing an additional 224 shares during the last quarter. True Wealth Design LLC increased its holdings in shares of Post by 281.2% in the fourth quarter. True Wealth Design LLC now owns 385 shares of the company's stock valued at $44,000 after purchasing an additional 284 shares during the last quarter. Finally, Bessemer Group Inc. increased its holdings in shares of Post by 200.0% in the first quarter. Bessemer Group Inc. now owns 477 shares of the company's stock valued at $56,000 after purchasing an additional 318 shares during the last quarter. 94.85% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on POST shares. Evercore ISI upped their price objective on shares of Post from $130.00 to $131.00 and gave the company an "outperform" rating in a report on Wednesday, June 4th. JPMorgan Chase & Co. started coverage on shares of Post in a research note on Wednesday, August 20th. They issued an "overweight" rating and a $122.00 price target on the stock. Wells Fargo & Company decreased their price target on shares of Post from $120.00 to $117.00 and set an "equal weight" rating on the stock in a research note on Wednesday, July 9th. Mizuho decreased their price target 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, Piper Sandler upped their price target 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. Four research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $129.40.

Post Price Performance

POST traded down $1.61 on Monday, hitting $112.43. 773,152 shares of the stock were exchanged, compared to its average volume of 709,482. Post Holdings, Inc. has a 12 month low of $101.05 and a 12 month high of $125.84. The business has a 50-day moving average of $108.19 and a two-hundred day moving average of $111.11. The company has a debt-to-equity ratio of 1.83, a current ratio of 2.60 and a quick ratio of 1.84. The firm has a market capitalization of $6.11 billion, a price-to-earnings ratio of 19.12 and a beta of 0.49.

Post (NYSE:POST - Get Free Report) last posted its quarterly earnings data on Thursday, August 7th. The company reported $2.03 earnings per share for the quarter, topping the consensus estimate of $1.67 by $0.36. The business had revenue of $1.98 billion during the quarter, compared to analysts' expectations of $1.95 billion. Post had a net margin of 4.62% and a return on equity of 10.80%. Post's revenue was up 1.9% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.54 earnings per share. Sell-side analysts forecast that Post Holdings, Inc. will post 6.41 EPS for the current fiscal year.

Insider Transactions at Post

In other news, CEO Nicolas Catoggio sold 1,750 shares of the stock in a transaction dated Thursday, June 5th. The shares were sold at an average price of $108.97, for a total value of $190,697.50. Following the completion of the transaction, the chief executive officer owned 43,751 shares of the company's stock, valued at approximately $4,767,546.47. This represents a 3.85% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director William P. Stiritz bought 186,740 shares of the company's stock in a transaction dated Thursday, June 5th. The stock was bought at an average cost of $109.11 per share, with a total value of $20,375,201.40. Following the acquisition, the director directly owned 4,298,667 shares of the company's stock, valued at approximately $469,027,556.37. The trade was a 4.54% increase in their position. The disclosure for this purchase can be found here. 11.40% of the stock is currently owned by corporate insiders.

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.