Schonfeld Strategic Advisors LLC Increases Position in Post Holdings, Inc. (NYSE:POST)

Schonfeld Strategic Advisors LLC raised its holdings in Post Holdings, Inc. (NYSE:POST - Free Report) by 48.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,770 shares of the company's stock after buying an additional 2,875 shares during the period. Schonfeld Strategic Advisors LLC's holdings in Post were worth $1,004,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of the business. Vanguard Group Inc. grew its holdings in shares of Post by 0.3% during the fourth quarter. Vanguard Group Inc. now owns 5,140,299 shares of the company's stock worth $588,359,000 after purchasing an additional 13,272 shares during the last quarter. Dimensional Fund Advisors LP boosted its position in shares of Post by 2.3% in the 4th quarter. Dimensional Fund Advisors LP now owns 3,201,394 shares of the company's stock valued at $366,428,000 after purchasing an additional 70,850 shares during the period. The Manufacturers Life Insurance Company grew its stake in Post by 403.1% during the 4th quarter. The Manufacturers Life Insurance Company now owns 986,975 shares of the company's stock worth $112,969,000 after buying an additional 790,782 shares during the last quarter. Norges Bank acquired a new position in Post during the fourth quarter worth approximately $108,991,000. Finally, Hennessy Advisors Inc. purchased a new stake in Post in the fourth quarter valued at approximately $56,864,000. 94.85% of the stock is owned by hedge funds and other institutional investors.

Post Stock Performance

Shares of POST stock traded down $0.08 during mid-day trading on Friday, hitting $110.78. The stock had a trading volume of 1,086,611 shares, compared to its average volume of 544,610. The firm has a market cap of $6.26 billion, a PE ratio of 18.25 and a beta of 0.50. Post Holdings, Inc. has a fifty-two week low of $99.70 and a fifty-two week high of $125.84. The company's 50-day simple moving average is $113.99 and its 200-day simple moving average is $112.69. The company has a debt-to-equity ratio of 1.78, a current ratio of 2.39 and a quick ratio of 1.64.

Post (NYSE:POST - Get Free Report) last posted its quarterly earnings results 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 return on equity of 10.48% and a net margin of 4.94%. The business had revenue of $1.95 billion during the quarter, compared to analysts' expectations of $1.98 billion. During the same period last year, the firm earned $1.51 EPS. The company's quarterly revenue was down 2.3% compared to the same quarter last year. Sell-side analysts anticipate that Post Holdings, Inc. will post 6.41 earnings per share for the current year.

Analyst Ratings Changes

POST has been the topic of a number of research reports. Wells Fargo & Company raised their target price on shares of Post from $122.00 to $124.00 and gave the stock an "equal weight" rating in a research report on Wednesday, April 2nd. Piper Sandler raised their price objective on shares of Post from $120.00 to $140.00 and gave the stock an "overweight" rating in a research report on Monday, February 10th. One analyst has rated the stock with a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $129.00.

Insiders Place Their Bets

In related news, Director David W. Kemper sold 8,939 shares of Post stock in a transaction on Tuesday, February 11th. The stock was sold at an average price of $110.75, for a total transaction of $989,994.25. Following the completion of the transaction, the director now directly 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 sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, CAO Diedre J. Gray sold 15,157 shares of the company's stock in a transaction on Friday, February 21st. The shares were sold at an average price of $115.80, for a total value of $1,755,180.60. Following the completion of the sale, the chief accounting officer now directly owns 19,325 shares in the company, valued at $2,237,835. This trade represents a 43.96 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 36,096 shares of company stock worth $4,129,355. 11.40% of the stock is owned by company insiders.

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.