Sherbrooke Park Advisers LLC Cuts Stock Position in Post Holdings, Inc. (NYSE:POST)

Sherbrooke Park Advisers LLC decreased its holdings in Post Holdings, Inc. (NYSE:POST - Free Report) by 39.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 4,571 shares of the company's stock after selling 2,953 shares during the period. Sherbrooke Park Advisers LLC's holdings in Post were worth $523,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Park Avenue Securities LLC raised its stake in shares of Post by 21.0% in the fourth quarter. Park Avenue Securities LLC now owns 7,449 shares of the company's stock valued at $853,000 after acquiring an additional 1,291 shares during the period. Carnegie Investment Counsel raised its stake in shares of Post by 9.1% in the fourth quarter. Carnegie Investment Counsel now owns 88,199 shares of the company's stock valued at $10,095,000 after acquiring an additional 7,344 shares during the period. Hennessy Advisors Inc. purchased a new stake in shares of Post in the fourth quarter valued at $56,864,000. Arkadios Wealth Advisors purchased a new position in Post in the 4th quarter worth about $340,000. Finally, SG Americas Securities LLC increased its stake in Post by 1,195.2% in the 4th quarter. SG Americas Securities LLC now owns 20,620 shares of the company's stock worth $2,360,000 after buying an additional 19,028 shares during the period. Hedge funds and other institutional investors own 94.85% of the company's stock.

Insider Buying and Selling at Post

In related news, CEO Nicolas Catoggio sold 5,000 shares of the business's stock in a transaction on Monday, March 3rd. The shares were sold at an average price of $114.50, for a total value of $572,500.00. Following the completion of the sale, the chief executive officer now owns 50,501 shares of the company's stock, valued at approximately $5,782,364.50. The trade was a 9.01% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Bradly A. Harper sold 2,000 shares of the firm's stock in a transaction that occurred on Tuesday, March 4th. The stock was sold at an average price of $114.59, for a total transaction of $229,180.00. Following the completion of the transaction, the senior vice president now directly owns 8,741 shares in the company, valued at $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. In the last ninety days, insiders sold 27,157 shares of company stock worth $3,139,361. Company insiders own 11.40% of the company's stock.

Analyst Ratings Changes

Several research firms recently commented on POST. Wells Fargo & Company reduced their price target 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. Piper Sandler raised their price target on shares of Post from $120.00 to $140.00 and gave the stock an "overweight" rating in a research note on Monday, February 10th. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the company's stock. Based on data from MarketBeat, Post presently has an average rating of "Moderate Buy" and a consensus target price of $128.20.

Post Stock Performance

POST stock traded up $0.47 during trading on Tuesday, reaching $110.41. The company had a trading volume of 422,317 shares, compared to its average volume of 551,317. The firm has a 50-day simple moving average of $113.41 and a 200-day simple moving average of $112.65. The company has a market cap of $6.15 billion, a price-to-earnings ratio of 18.19 and a beta of 0.50. The company has a debt-to-equity ratio of 1.78, a quick ratio of 1.64 and a current ratio of 2.39. Post Holdings, Inc. has a twelve month low of $99.70 and a twelve month high of $125.84.

Post (NYSE:POST - Get Free Report) last announced 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 analysts' expectations of $1.98 billion. During the same period in the previous year, the business posted $1.51 EPS. The business's quarterly revenue was down 2.3% compared to the same quarter last year. As a group, sell-side analysts expect that Post Holdings, Inc. will post 6.41 earnings per share for the current 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.