B. Metzler seel. Sohn & Co. AG acquired a new stake in Post Holdings, Inc. (NYSE:POST - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 11,082 shares of the company's stock, valued at approximately $1,268,000.
A number of other hedge funds also recently added to or reduced their stakes in the business. Fortitude Family Office LLC grew its stake in Post by 426.0% during the 4th quarter. Fortitude Family Office LLC now owns 263 shares of the company's stock valued at $30,000 after purchasing an additional 213 shares during the last quarter. Quarry LP raised its position in Post by 244.9% during the third quarter. Quarry LP now owns 338 shares of the company's stock valued at $39,000 after acquiring an additional 240 shares in the last quarter. Sound Income Strategies LLC acquired a new position in Post in the fourth quarter valued at approximately $54,000. Eagle Bay Advisors LLC purchased a new stake in Post in the 4th quarter worth approximately $75,000. Finally, Versant Capital Management Inc lifted its stake in shares of Post by 71.3% in the 4th quarter. Versant Capital Management Inc now owns 930 shares of the company's stock valued at $106,000 after purchasing an additional 387 shares during the period. 94.85% of the stock is owned by hedge funds and other institutional investors.
Insider Buying and Selling
In related news, CEO Nicolas Catoggio sold 5,000 shares of the company's stock in a transaction that occurred on Tuesday, February 25th. The stock was sold at an average price of $116.50, for a total value of $582,500.00. Following the sale, the chief executive officer now owns 55,501 shares of the company's stock, valued at approximately $6,465,866.50. This represents a 8.26 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CAO Diedre J. Gray sold 15,157 shares of Post stock in a transaction dated 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 owns 19,325 shares of the company's stock, valued at approximately $2,237,835. This represents a 43.96 % 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 valued at $4,129,355. Corporate insiders own 11.40% of the company's stock.
Wall Street Analyst Weigh In
Several research firms have issued reports on POST. Piper Sandler increased their price objective on shares of Post from $120.00 to $140.00 and gave the company an "overweight" rating in a report on Monday, February 10th. Wells Fargo & Company increased their price target on Post from $122.00 to $124.00 and gave the stock an "equal weight" rating in a report on Wednesday. One research analyst has rated the stock with a hold rating and five have given a buy rating to the company's stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $127.50.
Check Out Our Latest Stock Report on POST
Post Stock Performance
Shares of Post stock traded down $0.54 during trading on Friday, reaching $117.51. The company's stock had a trading volume of 2,036,638 shares, compared to its average volume of 533,003. Post Holdings, Inc. has a fifty-two week low of $99.62 and a fifty-two week high of $125.84. 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 cap of $6.64 billion, a PE ratio of 19.36 and a beta of 0.65. The company has a 50-day moving average price of $112.28 and a two-hundred day moving average price of $112.80.
Post (NYSE:POST - Get Free Report) last released its earnings results on Thursday, February 6th. The company reported $1.73 earnings per share (EPS) for the quarter, beating 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%. On average, analysts forecast that Post Holdings, Inc. will post 6.41 EPS for the current year.
Post Profile
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Free Report)
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.
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