Post Holdings, Inc. (NYSE:POST) Director William P. Stiritz Purchases 186,740 Shares

Post Holdings, Inc. (NYSE:POST - Get Free Report) Director William P. Stiritz purchased 186,740 shares of the business's stock in a transaction that occurred on Thursday, June 5th. The stock was acquired at an average price of $109.11 per share, for a total transaction of $20,375,201.40. Following the purchase, the director now owns 4,298,667 shares of the company's stock, valued at approximately $469,027,556.37. This represents a 4.54% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

Post Trading Up 0.8%

POST stock traded up $0.88 during mid-day trading on Tuesday, reaching $111.00. The company's stock had a trading volume of 905,281 shares, 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 12 month low of $99.70 and a 12 month high of $125.84. The business's 50 day moving average price is $112.03 and its 200 day moving average price is $112.60. The company has a market cap of $6.18 billion, a price-to-earnings ratio of 18.29 and a beta of 0.49.

Post (NYSE:POST - Get Free Report) last announced its quarterly earnings results on Thursday, May 8th. The company reported $1.41 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.18 by $0.23. Post had a net margin of 4.94% and a return on equity of 10.48%. The firm had revenue of $1.95 billion for the quarter, compared to the consensus estimate of $1.98 billion. During the same period in the prior year, the firm posted $1.51 earnings per share. The company's revenue for the quarter was down 2.3% on a year-over-year basis. On average, equities research analysts predict that Post Holdings, Inc. will post 6.41 EPS for the current year.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in POST. Vanguard Group Inc. raised its position in Post by 5.4% during the first quarter. Vanguard Group Inc. now owns 5,418,085 shares of the company's stock valued at $630,448,000 after purchasing an additional 277,786 shares during the period. Clarkston Capital Partners LLC lifted its stake in shares of Post by 3.2% during the first quarter. Clarkston Capital Partners LLC now owns 3,364,510 shares of the company's stock worth $391,494,000 after buying an additional 105,325 shares during the period. Dimensional Fund Advisors LP lifted its stake in Post by 2.3% during the 4th quarter. Dimensional Fund Advisors LP now owns 3,201,394 shares of the company's stock valued at $366,428,000 after acquiring an additional 70,850 shares during the period. Point72 Asset Management L.P. lifted its holdings in Post by 53.4% in the fourth quarter. Point72 Asset Management L.P. now owns 1,045,306 shares of the company's stock valued at $119,646,000 after acquiring an additional 364,006 shares during the period. Finally, The Manufacturers Life Insurance Company boosted its position in Post by 403.1% during the fourth quarter. The Manufacturers Life Insurance Company now owns 986,975 shares of the company's stock worth $112,969,000 after purchasing an additional 790,782 shares in the last quarter. Institutional investors own 94.85% of the company's stock.

Analyst Upgrades and Downgrades

Several analysts have issued reports on the stock. Wells Fargo & Company cut their target price on shares of Post from $124.00 to $120.00 and set an "equal weight" rating on the stock in a research note on Monday, May 12th. Mizuho dropped their target price on Post from $133.00 to $127.00 and set an "outperform" rating for the company in a report on Wednesday, May 28th. Piper Sandler increased their price target on Post from $120.00 to $140.00 and gave the stock an "overweight" rating in a research report on Monday, February 10th. Finally, Evercore ISI lifted their price target on shares of Post from $130.00 to $131.00 and gave the stock an "outperform" rating in a research report on Wednesday, June 4th. One investment analyst has rated the stock with a hold rating and five have issued a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $128.83.

About Post

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.