SG Americas Securities LLC Sells 15,255 Shares of Post Holdings, Inc. (NYSE:POST)

SG Americas Securities LLC decreased its position in shares of Post Holdings, Inc. (NYSE:POST - Free Report) by 74.0% during the first quarter, according to its most recent filing with the SEC. The firm owned 5,365 shares of the company's stock after selling 15,255 shares during the period. SG Americas Securities LLC's holdings in Post were worth $624,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the company. Wedge Capital Management L L P NC grew its holdings in shares of Post by 10.0% during the 1st quarter. Wedge Capital Management L L P NC now owns 289,530 shares of the company's stock worth $33,690,000 after acquiring an additional 26,262 shares during the period. Fifth Third Wealth Advisors LLC purchased a new position in shares of Post during the 1st quarter worth approximately $204,000. Somerset Trust Co purchased a new position in shares of Post during the 1st quarter worth approximately $235,000. Parallel Advisors LLC grew its holdings in shares of Post by 112.8% during the 1st quarter. Parallel Advisors LLC now owns 717 shares of the company's stock worth $83,000 after acquiring an additional 380 shares during the period. Finally, GAMMA Investing LLC boosted its position in shares of Post by 10,001.8% in the 1st quarter. GAMMA Investing LLC now owns 176,984 shares of the company's stock worth $20,594,000 after purchasing an additional 175,232 shares in the last quarter. Hedge funds and other institutional investors own 94.85% of the company's stock.

Insider Buying and Selling at Post

In other Post news, CEO Nicolas Catoggio sold 1,750 shares of the business's stock in a transaction on Thursday, June 5th. The shares were sold at an average price of $108.97, for a total transaction of $190,697.50. Following the completion of the sale, the chief executive officer now directly owns 43,751 shares in the company, valued at approximately $4,767,546.47. The trade was a 3.85% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director William P. Stiritz bought 186,740 shares of the firm's stock in a transaction on Thursday, June 5th. The shares were bought 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 now owns 4,298,667 shares in the company, 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. Company insiders own 11.40% of the company's stock.

Wall Street Analyst Weigh In

A number of analysts have recently commented on the company. Evercore ISI boosted their price target on Post from $130.00 to $131.00 and gave the stock an "outperform" rating in a research report on Wednesday, June 4th. Mizuho dropped their price target on Post from $133.00 to $127.00 and set an "outperform" rating on the stock in a research report on Wednesday, May 28th. Piper Sandler boosted their price target on Post from $140.00 to $150.00 and gave the stock an "overweight" rating in a research report on Wednesday, June 11th. Finally, Wells Fargo & Company dropped their price target on Post from $124.00 to $120.00 and set an "equal weight" rating on the stock in a research report on Monday, May 12th. One investment analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $130.50.

Post Stock Down 0.2%

POST stock traded down $0.24 during midday trading on Friday, hitting $112.42. The company's stock had a trading volume of 926,595 shares, compared to its average volume of 559,409. The company has a market cap of $6.26 billion, a PE ratio of 20.00 and a beta of 0.49. Post Holdings, Inc. has a 12 month low of $102.13 and a 12 month high of $125.84. The company has a current ratio of 2.13, a quick ratio of 1.43 and a debt-to-equity ratio of 1.81. The firm's 50-day moving average is $111.67 and its 200-day moving average is $112.16.

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, beating the consensus estimate of $1.18 by $0.23. The business had revenue of $1.95 billion for the quarter, compared to analysts' expectations of $1.98 billion. Post had a return on equity of 10.24% and a net margin of 4.53%. The firm's quarterly revenue was down 2.3% on a year-over-year basis. During the same period in the prior year, the firm posted $1.51 EPS. On average, equities research analysts forecast that Post Holdings, Inc. will post 6.41 earnings per share for the current fiscal year.

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.