Bridgewater Associates LP Sells 40,648 Shares of Post Holdings, Inc. (NYSE:POST)

Bridgewater Associates LP reduced its stake in Post Holdings, Inc. (NYSE:POST - Free Report) by 82.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 8,444 shares of the company's stock after selling 40,648 shares during the quarter. Bridgewater Associates LP's holdings in Post were worth $966,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in POST. Norges Bank purchased a new stake in shares of Post in the fourth quarter valued at $108,991,000. Hennessy Advisors Inc. acquired a new position in Post in the fourth quarter valued at $56,864,000. Raymond James Financial Inc. acquired a new position in Post in the fourth quarter valued at $36,751,000. Arrowstreet Capital Limited Partnership increased its stake in Post by 160.9% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 113,829 shares of the company's stock valued at $13,029,000 after purchasing an additional 70,205 shares during the last quarter. Finally, EULAV Asset Management increased its stake in Post by 23.3% in the fourth quarter. EULAV Asset Management now owns 203,000 shares of the company's stock valued at $23,235,000 after purchasing an additional 38,400 shares during the last quarter. 94.85% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on POST shares. Piper Sandler increased 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 increased their price target on Post from $122.00 to $124.00 and gave the company an "equal weight" rating in a report on Wednesday, April 2nd. One investment analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat, Post currently has a consensus rating of "Moderate Buy" and an average target price of $127.50.

Post Stock Down 0.7 %

POST traded down $0.79 during midday trading on Thursday, hitting $114.73. 53,924 shares of the company's stock traded hands, compared to its average volume of 543,827. 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 Holdings, Inc. has a one year low of $99.70 and a one year high of $125.84. The stock's fifty day simple moving average is $114.29 and its 200-day simple moving average is $112.84. The company has a market cap of $6.48 billion, a PE ratio of 18.93 and a beta of 0.52.

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

Insider Activity at Post

In other Post news, SVP Bradly A. Harper sold 2,000 shares of the company's stock in a transaction dated Tuesday, March 4th. The shares were sold at an average price of $114.59, for a total transaction of $229,180.00. Following the sale, the senior vice president now directly owns 8,741 shares of the company's stock, valued at approximately $1,001,631.19. This represents a 18.62 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director David W. Kemper sold 8,939 shares of the company's stock in a transaction dated Tuesday, February 11th. The stock was sold at an average price of $110.75, for a total transaction of $989,994.25. Following the sale, the director now directly owns 29,722 shares in the company, valued at $3,291,711.50. This represents a 23.12 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 36,096 shares of company stock valued at $4,129,355 over the last quarter. 11.40% of the stock is owned by company 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.