Post Holdings, Inc. (NYSE:POST) Shares Bought by Tower Research Capital LLC TRC

Tower Research Capital LLC TRC raised its stake in Post Holdings, Inc. (NYSE:POST - Free Report) by 478.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,423 shares of the company's stock after acquiring an additional 4,485 shares during the period. Tower Research Capital LLC TRC's holdings in Post were worth $621,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also made changes to their positions in the company. Retirement Systems of Alabama raised its holdings in shares of Post by 4.7% in the third quarter. Retirement Systems of Alabama now owns 102,173 shares of the company's stock worth $11,827,000 after acquiring an additional 4,606 shares during the last quarter. Miracle Mile Advisors LLC purchased a new stake in Post during the fourth quarter valued at about $946,000. Truist Financial Corp grew its position in Post by 4.2% during the fourth quarter. Truist Financial Corp now owns 2,781 shares of the company's stock valued at $318,000 after acquiring an additional 113 shares during the period. Tidal Investments LLC purchased a new stake in Post during the third quarter valued at about $733,000. Finally, Oddo BHF Asset Management Sas purchased a new stake in Post during the third quarter valued at about $2,048,000. Institutional investors and hedge funds own 94.85% of the company's stock.

Insider Buying and Selling

In other Post news, SVP Bradly A. Harper sold 2,000 shares of Post stock in a transaction on Tuesday, March 4th. The shares were sold at an average price of $114.59, for a total value of $229,180.00. Following the completion of the transaction, 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 ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, 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. This represents a 23.12 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 36,096 shares of company stock worth $4,129,355. 11.40% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on POST. Piper Sandler boosted their price target on Post from $120.00 to $140.00 and gave the company an "overweight" rating in a research report on Monday, February 10th. Wells Fargo & Company boosted their price target on Post from $122.00 to $124.00 and gave the company an "equal weight" rating in a research report on Wednesday, April 2nd. One equities research analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. According to MarketBeat.com, Post presently has an average rating of "Moderate Buy" and a consensus price target of $127.50.

Post Stock Down 0.6 %

Shares of NYSE POST traded down $0.68 on Thursday, hitting $112.49. The company had a trading volume of 579,836 shares, compared to its average volume of 545,336. Post Holdings, Inc. has a 12-month low of $99.70 and a 12-month high of $125.84. The business has a 50 day moving average of $114.24 and a two-hundred day moving average of $112.82. The company has a quick ratio of 1.64, a current ratio of 2.39 and a debt-to-equity ratio of 1.78. The firm has a market capitalization of $6.35 billion, a P/E ratio of 18.53 and a beta of 0.52.

Post (NYSE:POST - Get Free Report) last released its quarterly earnings results on Thursday, February 6th. The company reported $1.73 EPS for the quarter, topping the consensus estimate of $1.49 by $0.24. Post had a return on equity of 10.48% and a net margin of 4.94%. As a group, equities research analysts forecast that Post Holdings, Inc. will post 6.41 earnings per share for the current fiscal year.

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.