Post Holdings, Inc. (NYSE:POST - Get Free Report) CEO Nicolas Catoggio sold 1,750 shares of the company's stock in a transaction on Thursday, June 5th. The stock was sold at an average price of $108.97, for a total transaction of $190,697.50. Following the sale, the chief executive officer now directly owns 43,751 shares of the company's stock, valued at approximately $4,767,546.47. This trade represents a 3.85% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.
Post Stock Up 0.8%
POST stock traded up $0.88 during mid-day trading on Tuesday, hitting $111.00. 905,281 shares of the company were exchanged, compared to its average volume of 553,434. The company has a current ratio of 2.39, a quick ratio of 1.64 and a debt-to-equity ratio of 1.78. Post Holdings, Inc. has a twelve month low of $99.70 and a twelve month high of $125.84. The firm has a fifty day simple moving average of $112.03 and a 200 day simple moving average of $112.60. The company has a market capitalization of $6.18 billion, a PE ratio of 18.29 and a beta of 0.49.
Post (NYSE:POST - Get Free Report) last announced 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 firm had revenue of $1.95 billion for the quarter, compared to analysts' expectations of $1.98 billion. Post had a return on equity of 10.48% and a net margin of 4.94%. Post's revenue for the quarter was down 2.3% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.51 earnings per share. On average, research analysts forecast that Post Holdings, Inc. will post 6.41 earnings per share for the current fiscal year.
Analyst Upgrades and Downgrades
POST has been the topic of a number of analyst reports. Piper Sandler lifted their price objective on shares of Post from $120.00 to $140.00 and gave the company an "overweight" rating in a research note on Monday, February 10th. Mizuho cut their price objective on shares of Post from $133.00 to $127.00 and set an "outperform" rating on the stock in a report on Wednesday, May 28th. Evercore ISI raised their target price on Post from $130.00 to $131.00 and gave the company an "outperform" rating in a research note on Wednesday, June 4th. Finally, Wells Fargo & Company cut their price target on Post from $124.00 to $120.00 and set an "equal weight" rating on the stock in a research note on Monday, May 12th. One research analyst has rated the stock with a hold rating and five have given a buy rating to the company's stock. Based on data from MarketBeat, Post currently has a consensus rating of "Moderate Buy" and a consensus target price of $128.83.
Get Our Latest Analysis on Post
Hedge Funds Weigh In On Post
Several large investors have recently added to or reduced their stakes in the company. Truist Financial Corp raised its holdings in shares of Post by 4.2% during the fourth quarter. Truist Financial Corp now owns 2,781 shares of the company's stock worth $318,000 after purchasing an additional 113 shares during the period. Charles Schwab Investment Management Inc. grew its position in shares of Post by 0.3% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 320,585 shares of the company's stock valued at $36,694,000 after buying an additional 964 shares during the last quarter. ProShare Advisors LLC raised its stake in Post by 7.4% during the fourth quarter. ProShare Advisors LLC now owns 2,215 shares of the company's stock worth $254,000 after acquiring an additional 152 shares during the period. Silver Oak Securities Incorporated bought a new position in Post in the fourth quarter worth about $437,000. Finally, Raymond James Financial Inc. acquired a new position in Post in the fourth quarter valued at approximately $36,751,000. 94.85% of the stock is currently owned by institutional investors.
Post Company Profile
(
Get Free Report)
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.
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