Voloridge Investment Management LLC Lowers Position in Post Holdings, Inc. (NYSE:POST)

Voloridge Investment Management LLC lowered its stake in shares of Post Holdings, Inc. (NYSE:POST - Free Report) by 70.9% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 96,616 shares of the company's stock after selling 235,943 shares during the quarter. Voloridge Investment Management LLC owned about 0.17% of Post worth $11,059,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently bought and sold shares of the stock. True Wealth Design LLC lifted its position in Post by 281.2% during the fourth quarter. True Wealth Design LLC now owns 385 shares of the company's stock valued at $44,000 after buying an additional 284 shares during the period. Sound Income Strategies LLC purchased a new position in Post during the 4th quarter valued at about $54,000. State of Wyoming boosted its stake in Post by 33.1% during the fourth quarter. State of Wyoming now owns 1,183 shares of the company's stock worth $135,000 after acquiring an additional 294 shares in the last quarter. Parkside Financial Bank & Trust boosted its stake in Post by 6.5% during the fourth quarter. Parkside Financial Bank & Trust now owns 1,699 shares of the company's stock worth $194,000 after acquiring an additional 103 shares in the last quarter. Finally, HighPoint Advisor Group LLC purchased a new stake in Post in the fourth quarter worth about $202,000. 94.85% of the stock is owned by institutional investors.

Post Stock Down 1.0%

Shares of POST traded down $1.12 on Wednesday, hitting $108.68. 320,749 shares of the stock traded hands, compared to its average volume of 550,580. The company has a market capitalization of $6.06 billion, a PE ratio of 17.90 and a beta of 0.50. Post Holdings, Inc. has a one year low of $99.70 and a one year high of $125.84. 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 has a 50 day simple moving average of $112.94 and a 200 day simple moving average of $112.59.

Post (NYSE:POST - Get Free Report) last posted its quarterly earnings results on Thursday, May 8th. The company reported $1.41 earnings per share for the quarter, topping the consensus estimate 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 during the quarter, compared to analysts' expectations of $1.98 billion. During the same quarter in the previous year, the business earned $1.51 earnings per share. The company's revenue was down 2.3% on a year-over-year basis. As a group, equities analysts forecast that Post Holdings, Inc. will post 6.41 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, CEO Nicolas Catoggio sold 5,000 shares of Post stock in a transaction on Monday, March 3rd. The stock was sold at an average price of $114.50, for a total value of $572,500.00. Following the completion of the sale, the chief executive officer now owns 50,501 shares of the company's stock, valued at $5,782,364.50. The trade was a 9.01% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, SVP Bradly A. Harper sold 2,000 shares of the firm's stock in a transaction dated Tuesday, March 4th. The stock was sold at an average price of $114.59, for a total value of $229,180.00. Following the completion of the transaction, the senior vice president now directly owns 8,741 shares in the company, valued at $1,001,631.19. The trade was a 18.62% decrease in their ownership of the stock. The disclosure for this sale can be found here. 11.40% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on POST. Wells Fargo & Company lowered their target price on shares of Post from $124.00 to $120.00 and set an "equal weight" rating for the company in a report on Monday, May 12th. Piper Sandler boosted their target price on Post from $120.00 to $140.00 and gave the stock an "overweight" rating in a report on Monday, February 10th. Finally, Mizuho cut their target price on Post from $133.00 to $127.00 and set an "outperform" rating on the stock in a research note on Wednesday. One research analyst has rated the stock with a hold rating and five have given a buy rating to the company. According to data from MarketBeat, Post has a consensus rating of "Moderate Buy" and a consensus price target of $128.00.

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.