Victory Capital Management Inc. Has $31.46 Million Position in Post Holdings, Inc. (NYSE:POST)

Victory Capital Management Inc. raised its position in shares of Post Holdings, Inc. (NYSE:POST - Free Report) by 14.0% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 270,398 shares of the company's stock after acquiring an additional 33,119 shares during the period. Victory Capital Management Inc. owned approximately 0.48% of Post worth $31,464,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the company. MassMutual Private Wealth & Trust FSB lifted its stake in Post by 68.4% during the first quarter. MassMutual Private Wealth & Trust FSB now owns 352 shares of the company's stock worth $41,000 after purchasing an additional 143 shares during the period. True Wealth Design LLC lifted its stake in Post by 281.2% during the fourth quarter. True Wealth Design LLC now owns 385 shares of the company's stock worth $44,000 after purchasing an additional 284 shares during the period. Bessemer Group Inc. increased its holdings in shares of Post by 200.0% during the first quarter. Bessemer Group Inc. now owns 477 shares of the company's stock worth $56,000 after buying an additional 318 shares in the last quarter. Parallel Advisors LLC increased its holdings in shares of Post by 112.8% during the first quarter. Parallel Advisors LLC now owns 717 shares of the company's stock worth $83,000 after buying an additional 380 shares in the last quarter. Finally, Fifth Third Bancorp increased its holdings in shares of Post by 27.3% during the first quarter. Fifth Third Bancorp now owns 829 shares of the company's stock worth $96,000 after buying an additional 178 shares in the last quarter. 94.85% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

POST has been the subject of several recent analyst reports. Mizuho dropped their price objective on shares of Post from $133.00 to $127.00 and set an "outperform" rating for the company in a report on Wednesday, May 28th. Piper Sandler raised their price target on shares of Post from $140.00 to $150.00 and gave the company an "overweight" rating in a report on Wednesday, June 11th. Evercore ISI raised their price target on shares of Post from $130.00 to $131.00 and gave the company an "outperform" rating in a report on Wednesday, June 4th. Finally, Wells Fargo & Company reduced their price objective 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. One investment analyst has rated the stock with a hold rating and five have given a buy rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $130.00.

Insiders Place Their Bets

In related news, Director William P. Stiritz acquired 186,740 shares of the business's stock in a transaction that occurred on Thursday, June 5th. The shares were acquired at an average cost of $109.11 per share, with a total value of $20,375,201.40. Following the transaction, the director owned 4,298,667 shares of the company's stock, valued at $469,027,556.37. The trade was a 4.54% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, 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 directly owned 43,751 shares in the company, valued at $4,767,546.47. This represents a 3.85% decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 11.40% of the company's stock.

Post Trading Up 0.6%

Shares of NYSE POST traded up $0.66 during midday trading on Thursday, reaching $108.16. 127,322 shares of the stock were exchanged, compared to its average volume of 625,175. The business has a 50-day simple moving average of $109.38 and a two-hundred day simple moving average of $111.01. The company has a market capitalization of $6.03 billion, a price-to-earnings ratio of 19.28 and a beta of 0.48. Post Holdings, Inc. has a 12 month low of $103.33 and a 12 month high of $125.84. The company has a debt-to-equity ratio of 1.81, a current ratio of 2.13 and a quick ratio of 1.43.

Post (NYSE:POST - Get Free Report) last announced its quarterly earnings results on Thursday, May 8th. The company reported $1.41 earnings per share for the quarter, topping analysts' consensus estimates of $1.18 by $0.23. The company had revenue of $1.95 billion for the quarter, compared to analysts' expectations of $1.98 billion. Post had a net margin of 4.53% and a return on equity of 10.24%. The business's quarterly revenue was down 2.3% compared to the same quarter last year. During the same period last year, the firm posted $1.51 earnings per share. As a group, equities research analysts expect that Post Holdings, Inc. will post 6.41 EPS for the current 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.