Redwood Investment Management LLC Trims Stake in Post Holdings, Inc. (NYSE:POST)

Redwood Investment Management LLC lowered its position in shares of Post Holdings, Inc. (NYSE:POST - Free Report) by 62.3% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 15,154 shares of the company's stock after selling 25,076 shares during the quarter. Redwood Investment Management LLC's holdings in Post were worth $1,735,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Truist Financial Corp raised its position in shares of Post by 4.2% during the 4th quarter. Truist Financial Corp now owns 2,781 shares of the company's stock valued at $318,000 after purchasing an additional 113 shares during the period. 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 in the last quarter. Arkadios Wealth Advisors bought a new stake in Post during the fourth quarter valued at about $340,000. Charles Schwab Investment Management Inc. lifted its position in shares of Post by 0.3% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 320,585 shares of the company's stock valued at $36,694,000 after acquiring an additional 964 shares in the last quarter. Finally, Carnegie Investment Counsel boosted 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 worth $10,095,000 after acquiring an additional 7,344 shares during the period. Hedge funds and other institutional investors own 94.85% of the company's stock.

Analysts Set New Price Targets

Several analysts recently issued reports on the company. Piper Sandler lifted their target price on Post from $120.00 to $140.00 and gave the company an "overweight" rating in a research note on Monday, February 10th. Wells Fargo & Company reduced their price objective on shares of Post from $124.00 to $120.00 and set an "equal weight" rating on the stock in a research report on Monday, May 12th. One research analyst has rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat, Post presently has an average rating of "Moderate Buy" and an average target price of $128.20.

Post Price Performance

Shares of POST stock traded down $1.86 during trading hours on Monday, hitting $109.89. The stock had a trading volume of 395,546 shares, compared to its average volume of 551,198. 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 stock has a market capitalization of $6.12 billion, a price-to-earnings ratio of 18.10 and a beta of 0.50. Post Holdings, Inc. has a one year low of $99.70 and a one year high of $125.84. The stock's 50-day moving average price is $113.43 and its two-hundred day moving average price is $112.67.

Post (NYSE:POST - Get Free Report) last released its quarterly earnings data 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. The business had revenue of $1.95 billion for the quarter, compared to the consensus estimate of $1.98 billion. Post had a return on equity of 10.48% and a net margin of 4.94%. The company's revenue was down 2.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.51 EPS. Equities analysts forecast that Post Holdings, Inc. will post 6.41 EPS for the current year.

Insider Activity at Post

In related news, CEO Nicolas Catoggio sold 5,000 shares of the stock in a transaction dated Tuesday, February 25th. The shares were sold at an average price of $116.50, for a total value of $582,500.00. Following the completion of the transaction, the chief executive officer now owns 55,501 shares of the company's stock, valued at approximately $6,465,866.50. This trade represents a 8.26% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CAO Diedre J. Gray sold 15,157 shares of the business's stock in a transaction that occurred on Friday, February 21st. The stock was sold at an average price of $115.80, for a total value of $1,755,180.60. Following the sale, the chief accounting officer now directly owns 19,325 shares in the company, valued at $2,237,835. The trade was a 43.96% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 27,157 shares of company stock valued at $3,139,361. 11.40% of the stock is owned by corporate insiders.

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.