United Services Automobile Association Acquires Shares of 2,822 Post Holdings, Inc. $POST

Key Points

• United Services Automobile Association acquired 2,822 shares of Post Holdings, Inc. valued at approximately $325,000 during the first quarter.
• In addition to USAA, multiple large investors significantly increased their stakes in Post, with some reporting increases up to 232.1% in the first quarter.
• Analysts have mixed views on Post Holdings, with target prices ranging from $117.00 to $150.00, reflecting a consensus rating of "Moderate Buy."

United Services Automobile Association acquired a new stake in Post Holdings, Inc. (NYSE:POST - Free Report) during the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 2,822 shares of the company's stock, valued at approximately $325,000.

Other large investors also recently modified their holdings of the company. Brooklyn Investment Group increased its position in shares of Post by 232.1% in the 1st 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 position in shares of Post by 68.4% in the 1st 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 position in shares of Post by 167.2% in the 1st 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. Bessemer Group Inc. increased its position in shares of Post by 200.0% in the 1st 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. Finally, Parallel Advisors LLC grew its position in shares of Post by 112.8% in the 1st quarter. Parallel Advisors LLC now owns 717 shares of the company's stock valued at $83,000 after buying an additional 380 shares during the last quarter. 94.85% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Post

In other Post news, Director William P. Stiritz acquired 36,000 shares of the stock in a transaction on Tuesday, August 19th. The shares were bought at an average cost of $109.53 per share, with a total value of $3,943,080.00. Following the transaction, the director owned 4,334,667 shares of the company's stock, valued at approximately $474,776,076.51. This trade represents a 0.84% increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 11.40% of the company's stock.

Wall Street Analyst Weigh In

POST has been the topic of a number of recent analyst reports. Piper Sandler increased their target price on shares of Post from $140.00 to $150.00 and gave the company an "overweight" rating in a research report on Wednesday, June 11th. Wells Fargo & Company dropped their target price on shares of Post from $120.00 to $117.00 and set an "equal weight" rating on the stock in a research report on Wednesday, July 9th. Evercore ISI increased their target price on shares of Post from $130.00 to $131.00 and gave the company an "outperform" rating in a research report on Wednesday, June 4th. JPMorgan Chase & Co. increased their target price on shares of Post from $122.00 to $131.00 and gave the company an "overweight" rating in a research report on Tuesday, August 26th. Finally, Wall Street Zen raised shares of Post from a "hold" rating to a "buy" rating in a research report on Saturday, August 9th. Four analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $131.20.

Post Trading Down 1.0%

Shares of Post stock opened at $105.09 on Friday. Post Holdings, Inc. has a 1 year low of $101.05 and a 1 year high of $125.84. The company has a debt-to-equity ratio of 1.83, a quick ratio of 1.84 and a current ratio of 2.60. The company has a market capitalization of $5.71 billion, a P/E ratio of 17.87 and a beta of 0.51. The company's fifty day moving average is $107.84 and its two-hundred day moving average is $110.79.

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

Post announced that its board has approved a stock buyback program on Friday, August 29th that permits the company to repurchase $0.00 in shares. This repurchase authorization permits the company to buy shares of its stock through open market purchases. Stock repurchase programs are often a sign that the company's board believes its shares are undervalued.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.