T. Rowe Price Investment Management Inc. Decreases Holdings in Post Holdings, Inc. (NYSE:POST)

T. Rowe Price Investment Management Inc. cut its stake in shares of Post Holdings, Inc. (NYSE:POST - Free Report) by 18.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,365,715 shares of the company's stock after selling 302,078 shares during the quarter. T. Rowe Price Investment Management Inc. owned 2.35% of Post worth $156,320,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. Pinebridge Investments L.P. grew its holdings in Post by 106.1% during the fourth quarter. Pinebridge Investments L.P. now owns 14,796 shares of the company's stock worth $1,694,000 after acquiring an additional 7,617 shares during the period. Hsbc Holdings PLC boosted its stake in shares of Post by 334.7% during the 4th quarter. Hsbc Holdings PLC now owns 37,754 shares of the company's stock worth $4,313,000 after acquiring an additional 29,068 shares in the last quarter. Stifel Financial Corp increased its stake in Post by 9.1% in the 4th quarter. Stifel Financial Corp now owns 53,239 shares of the company's stock valued at $6,094,000 after purchasing an additional 4,431 shares in the last quarter. OneDigital Investment Advisors LLC raised its holdings in Post by 48.7% during the fourth quarter. OneDigital Investment Advisors LLC now owns 13,821 shares of the company's stock worth $1,582,000 after purchasing an additional 4,525 shares during the last quarter. Finally, TD Waterhouse Canada Inc. grew its holdings in Post by 1,598.5% in the fourth quarter. TD Waterhouse Canada Inc. now owns 5,605 shares of the company's stock valued at $642,000 after purchasing an additional 5,275 shares during the last quarter. 94.85% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several analysts have recently commented on the stock. Wells Fargo & Company increased their price target on shares of 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 analyst has rated the stock with a hold rating and five have issued a buy rating to the stock. According to MarketBeat.com, Post has a consensus rating of "Moderate Buy" and a consensus target price of $127.50.

Post Trading Up 0.0 %

Shares of Post stock traded up $0.03 during trading hours on Wednesday, reaching $112.64. 121,084 shares of the company's stock were exchanged, compared to its average volume of 543,922. Post Holdings, Inc. has a 52-week low of $99.70 and a 52-week high of $125.84. The company has a fifty day moving average of $114.29 and a 200-day moving average of $112.81. The company has a current ratio of 2.39, a quick ratio of 1.64 and a debt-to-equity ratio of 1.78. The firm has a market capitalization of $6.36 billion, a price-to-earnings ratio of 18.56 and a beta of 0.52.

Post (NYSE:POST - Get Free Report) last issued its quarterly earnings results on Thursday, February 6th. The company reported $1.73 earnings per share (EPS) for the quarter, topping 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%. Sell-side analysts forecast that Post Holdings, Inc. will post 6.41 EPS for the current fiscal year.

Insider Buying and Selling

In other news, Director David W. Kemper sold 8,939 shares of Post stock in a transaction dated Tuesday, February 11th. The stock was sold at an average price of $110.75, for a total value of $989,994.25. Following the transaction, the director now directly owns 29,722 shares of the company's stock, valued at $3,291,711.50. The trade was a 23.12 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, SVP Bradly A. Harper sold 2,000 shares of the business's stock in a transaction dated 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 $1,001,631.19. The trade was a 18.62 % 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 valued at $4,129,355. Insiders own 11.40% of the company's stock.

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.