Hsbc Holdings PLC Has $4.31 Million Position in Post Holdings, Inc. (NYSE:POST)

Hsbc Holdings PLC boosted its holdings in Post Holdings, Inc. (NYSE:POST - Free Report) by 334.7% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 37,754 shares of the company's stock after purchasing an additional 29,068 shares during the quarter. Hsbc Holdings PLC owned 0.06% of Post worth $4,313,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently made changes to their positions in POST. Fortitude Family Office LLC boosted its stake in shares of Post by 426.0% in the fourth quarter. Fortitude Family Office LLC now owns 263 shares of the company's stock valued at $30,000 after buying an additional 213 shares during the period. Sound Income Strategies LLC acquired a new position in Post in the fourth quarter valued at about $54,000. Eagle Bay Advisors LLC bought a new stake in Post during the fourth quarter worth about $75,000. Versant Capital Management Inc grew its stake in Post by 71.3% during the fourth quarter. Versant Capital Management Inc now owns 930 shares of the company's stock worth $106,000 after buying an additional 387 shares in the last quarter. Finally, Parkside Financial Bank & Trust increased its holdings in Post by 6.5% in the 4th quarter. Parkside Financial Bank & Trust now owns 1,699 shares of the company's stock valued at $194,000 after buying an additional 103 shares during the period. Institutional investors and hedge funds own 94.85% of the company's stock.

Insider Transactions at Post

In related news, SVP Bradly A. Harper sold 2,000 shares of the business's stock in a transaction on Tuesday, March 4th. The shares were sold at an average price of $114.59, for a total value of $229,180.00. Following the transaction, the senior vice president now 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director David W. Kemper sold 8,939 shares of the stock in a transaction dated Tuesday, February 11th. The stock was sold at an average price of $110.75, for a total value of $989,994.25. Following the sale, the director now owns 29,722 shares of the company's stock, valued at approximately $3,291,711.50. The trade was a 23.12 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 36,096 shares of company stock worth $4,129,355. Company insiders own 11.40% of the company's stock.

Wall Street Analysts Forecast Growth

POST has been the subject of a number of recent analyst reports. Piper Sandler upped their price target on shares of Post from $120.00 to $140.00 and gave the stock an "overweight" rating in a report on Monday, February 10th. Wells Fargo & Company lifted their price target on Post from $122.00 to $124.00 and gave the company an "equal weight" rating in a research note on Wednesday, April 2nd. One equities research analyst has rated the stock with a hold rating and five have given a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $127.50.

Post Price Performance

Shares of NYSE POST traded up $0.49 during mid-day trading on Friday, hitting $112.94. 479,718 shares of the stock traded hands, compared to its average volume of 540,724. The company has a debt-to-equity ratio of 1.78, a current ratio of 2.39 and a quick ratio of 1.64. The company has a market cap of $6.38 billion, a PE ratio of 18.61 and a beta of 0.50. Post Holdings, Inc. has a twelve month low of $99.70 and a twelve month high of $125.84. The firm has a 50 day simple moving average of $114.14 and a two-hundred day simple moving average of $112.78.

Post (NYSE:POST - Get Free Report) last issued its quarterly earnings data on Thursday, February 6th. The company reported $1.73 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.49 by $0.24. Post had a net margin of 4.94% and a return on equity of 10.48%. As a group, equities research analysts forecast that Post Holdings, Inc. will post 6.41 EPS 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.