Post Holdings, Inc. (NYSE:POST) Shares Sold by Price T Rowe Associates Inc. MD

Price T Rowe Associates Inc. MD cut its stake in Post Holdings, Inc. (NYSE:POST - Free Report) by 9.2% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 553,644 shares of the company's stock after selling 56,059 shares during the period. Price T Rowe Associates Inc. MD owned 0.95% of Post worth $63,371,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the company. Vanguard Group Inc. increased its position in Post by 0.3% during the fourth quarter. Vanguard Group Inc. now owns 5,140,299 shares of the company's stock valued at $588,359,000 after acquiring an additional 13,272 shares during the last quarter. Dimensional Fund Advisors LP raised its stake in shares of Post by 2.3% in the fourth quarter. Dimensional Fund Advisors LP now owns 3,201,394 shares of the company's stock worth $366,428,000 after buying an additional 70,850 shares during the period. Norges Bank purchased a new position in Post during the fourth quarter valued at approximately $108,991,000. Hennessy Advisors Inc. purchased a new stake in Post in the 4th quarter worth $56,864,000. Finally, Raymond James Financial Inc. bought a new stake in Post during the 4th quarter valued at approximately $36,751,000. 94.85% of the stock is currently owned by institutional investors.

Insider Activity at Post

In other news, CEO Nicolas Catoggio sold 5,000 shares of the business's stock in a transaction that occurred on Tuesday, February 25th. The stock was sold at an average price of $116.50, for a total transaction of $582,500.00. Following the transaction, the chief executive officer now directly owns 55,501 shares in the company, valued at $6,465,866.50. The trade was a 8.26 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director David W. Kemper sold 8,939 shares of the firm's stock in a transaction dated Tuesday, February 11th. The stock was sold at an average price of $110.75, for a total transaction 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 quarter, insiders have sold 36,096 shares of company stock worth $4,129,355. 11.40% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on POST shares. Wells Fargo & Company increased their target price on Post from $122.00 to $124.00 and gave the company an "equal weight" rating in a research report on Wednesday, April 2nd. Piper Sandler upped their price objective on Post from $120.00 to $140.00 and gave the company an "overweight" rating in a research report on Monday, February 10th. 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 stock currently has an average rating of "Moderate Buy" and a consensus price target of $127.50.

Post Stock Down 0.6 %

NYSE POST traded down $0.68 during trading on Thursday, hitting $112.49. The company's stock had a trading volume of 579,836 shares, compared to its average volume of 543,754. Post Holdings, Inc. has a fifty-two week low of $99.70 and a fifty-two week high of $125.84. The company has a market cap of $6.35 billion, a PE ratio of 18.53 and a beta of 0.52. 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 business's 50 day simple moving average is $114.24 and its 200-day simple moving average is $112.82.

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

Post 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.