Gotham Asset Management LLC Sells 22,446 Shares of Post Holdings, Inc. (NYSE:POST)

Gotham Asset Management LLC decreased its holdings in shares of Post Holdings, Inc. (NYSE:POST - Free Report) by 63.3% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 12,991 shares of the company's stock after selling 22,446 shares during the period. Gotham Asset Management LLC's holdings in Post were worth $1,487,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the stock. Sound Income Strategies LLC purchased a new position in Post in the fourth quarter worth about $54,000. Parkside Financial Bank & Trust boosted its holdings in shares of Post by 6.5% in the fourth quarter. Parkside Financial Bank & Trust now owns 1,699 shares of the company's stock worth $194,000 after buying an additional 103 shares during the last quarter. CIBC Asset Management Inc bought a new stake in shares of Post during the 4th quarter valued at $206,000. Blue Trust Inc. increased its holdings in Post by 68.1% in the 4th quarter. Blue Trust Inc. now owns 1,815 shares of the company's stock worth $210,000 after acquiring an additional 735 shares in the last quarter. Finally, Trust Point Inc. purchased a new stake in Post in the 4th quarter worth $208,000. 94.85% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other Post news, CEO Nicolas Catoggio sold 5,000 shares of the 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 sale, the chief executive officer now owns 50,501 shares in the company, valued at $5,782,364.50. This trade represents a 9.01% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, SVP Bradly A. Harper sold 2,000 shares of Post stock in a transaction on Tuesday, March 4th. The stock was sold at an average price of $114.59, for a total value of $229,180.00. Following the sale, the senior vice president now owns 8,741 shares of the company's stock, valued at approximately $1,001,631.19. This trade represents a 18.62% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 27,157 shares of company stock valued at $3,139,361 over the last three months. 11.40% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

POST has been the subject of a number of research analyst reports. Wells Fargo & Company cut their price objective 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 raised their target price 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. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $128.20.

Post Price Performance

Shares of POST traded up $0.47 during mid-day trading on Tuesday, hitting $110.41. 422,317 shares of the stock were exchanged, compared to its average volume of 550,685. 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 company has a market cap of $6.15 billion, a PE ratio of 18.19 and a beta of 0.50. Post Holdings, Inc. has a 52-week low of $99.70 and a 52-week high of $125.84. The firm has a 50-day moving average of $113.41 and a two-hundred day moving average of $112.65.

Post (NYSE:POST - Get Free Report) last released its quarterly earnings data on Thursday, May 8th. The company reported $1.41 EPS for the quarter, beating the consensus estimate of $1.18 by $0.23. Post had a net margin of 4.94% and a return on equity of 10.48%. The business had revenue of $1.95 billion during the quarter, compared to analyst estimates of $1.98 billion. During the same quarter last year, the business earned $1.51 earnings per share. Post's quarterly revenue was down 2.3% compared to the same quarter last year. On average, equities analysts predict that Post Holdings, Inc. will post 6.41 earnings per share 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.