Canada Pension Plan Investment Board lifted its position in Post Holdings, Inc. (NYSE:POST - Free Report) by 67.6% in the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 51,800 shares of the company's stock after acquiring an additional 20,900 shares during the period. Canada Pension Plan Investment Board owned 0.09% of Post worth $5,929,000 as of its most recent SEC filing.
Several other institutional investors also recently modified their holdings of the business. Norges Bank bought a new stake in Post in the fourth quarter worth $108,991,000. Hennessy Advisors Inc. bought a new stake in shares of Post in the fourth quarter worth $56,864,000. Raymond James Financial Inc. bought a new position in Post in the fourth quarter valued at about $36,751,000. Arrowstreet Capital Limited Partnership increased its stake in shares of Post by 160.9% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 113,829 shares of the company's stock worth $13,029,000 after purchasing an additional 70,205 shares in the last quarter. Finally, EULAV Asset Management increased its holdings in Post by 23.3% in the 4th quarter. EULAV Asset Management now owns 203,000 shares of the company's stock worth $23,235,000 after acquiring an additional 38,400 shares in the last quarter. 94.85% of the stock is currently owned by institutional investors.
Insider Buying and Selling at Post
In other Post news, Director David W. Kemper sold 8,939 shares of Post stock in a transaction on Tuesday, February 11th. The shares were sold at an average price of $110.75, for a total transaction of $989,994.25. Following the sale, the director now 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 sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Nicolas Catoggio sold 5,000 shares of the stock in a transaction dated Tuesday, February 25th. The shares were sold at an average price of $116.50, for a total transaction of $582,500.00. Following the completion of the sale, the chief executive officer now owns 55,501 shares of the company's stock, valued at approximately $6,465,866.50. The trade was a 8.26 % 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. 11.40% of the stock is owned by insiders.
Wall Street Analysts Forecast Growth
Several analysts have commented on POST shares. Piper Sandler boosted their price target on shares of Post from $120.00 to $140.00 and gave the stock an "overweight" rating in a research note on Monday, February 10th. Wells Fargo & Company lifted their price objective on shares of Post from $122.00 to $124.00 and gave the stock an "equal weight" rating in a research note on Wednesday, April 2nd. One research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $127.50.
Check Out Our Latest Report on Post
Post Stock Down 1.2 %
POST traded down $1.33 on Friday, hitting $112.86. The company had a trading volume of 326,451 shares, compared to its average volume of 544,947. Post Holdings, Inc. has a 12-month low of $99.70 and a 12-month high of $125.84. The stock has a fifty day moving average price of $114.34 and a 200-day moving average price of $112.84. The company has a debt-to-equity ratio of 1.78, a quick ratio of 1.64 and a current ratio of 2.39. The stock has a market capitalization of $6.37 billion, a price-to-earnings ratio of 18.59 and a beta of 0.52.
Post (NYSE:POST - Get Free Report) last issued its 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%. Analysts predict that Post Holdings, Inc. will post 6.41 EPS for the current fiscal year.
Post Profile
(
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.
See Also
Before you consider Post, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Post wasn't on the list.
While Post currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering what the next stocks will be that hit it big, with solid fundamentals? Enter your email address to see which stocks MarketBeat analysts could become the next blockbuster growth stocks.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
