Envestnet Asset Management Inc. boosted its holdings in shares of Post Holdings, Inc. (NYSE:POST - Free Report) by 5.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 269,246 shares of the company's stock after purchasing an additional 15,020 shares during the period. Envestnet Asset Management Inc. owned approximately 0.46% of Post worth $30,818,000 at the end of the most recent quarter.
Other large investors have also recently added to or reduced their stakes in the company. Fortitude Family Office LLC raised 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 period. Sound Income Strategies LLC purchased a new position in shares of Post during the fourth quarter valued at $54,000. Eagle Bay Advisors LLC acquired a new position in Post during the fourth quarter valued at $75,000. Versant Capital Management Inc lifted its stake in Post by 71.3% in the 4th quarter. Versant Capital Management Inc now owns 930 shares of the company's stock worth $106,000 after acquiring an additional 387 shares in the last quarter. Finally, Parkside Financial Bank & Trust boosted its position in Post by 6.5% during the 4th quarter. Parkside Financial Bank & Trust now owns 1,699 shares of the company's stock worth $194,000 after acquiring an additional 103 shares during the period. 94.85% of the stock is currently owned by institutional investors.
Post Stock Down 1.2 %
Shares of Post stock traded down $1.40 during trading on Tuesday, hitting $117.07. 473,501 shares of the stock traded hands, compared to its average volume of 544,556. The stock has a market cap of $6.61 billion, a P/E ratio of 19.29 and a beta of 0.52. The company has a fifty day moving average price of $113.66 and a two-hundred day moving average price of $112.79. Post Holdings, Inc. has a twelve month low of $99.70 and a twelve month high of $125.84. The company has a debt-to-equity ratio of 1.78, a quick ratio of 1.64 and a current ratio of 2.39.
Post (NYSE:POST - Get Free Report) last posted 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 net margin of 4.94% and a return on equity of 10.48%. Equities research analysts predict that Post Holdings, Inc. will post 6.41 EPS for the current fiscal year.
Insider Activity at Post
In related news, SVP Bradly A. Harper sold 2,000 shares of the firm's stock in a transaction that occurred on Tuesday, March 4th. The stock was sold at an average price of $114.59, for a total value of $229,180.00. Following the transaction, the senior vice president now directly owns 8,741 shares of the company's stock, valued at approximately $1,001,631.19. This trade represents a 18.62 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, CAO Diedre J. Gray sold 15,157 shares of the business's stock in a transaction on Friday, February 21st. The stock was sold at an average price of $115.80, for a total transaction of $1,755,180.60. Following the completion of the sale, the chief accounting officer now owns 19,325 shares of the company's stock, valued at $2,237,835. The trade was a 43.96 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 36,096 shares of company stock valued at $4,129,355. Insiders own 11.40% of the company's stock.
Wall Street Analyst Weigh In
A number of brokerages have recently weighed in on POST. Piper Sandler upped their target price on Post from $120.00 to $140.00 and gave the company an "overweight" rating in a report on Monday, February 10th. Wells Fargo & Company upped their price objective on shares of Post from $122.00 to $124.00 and gave the company an "equal weight" rating in a research note on Wednesday, April 2nd. One investment analyst has rated the stock with a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat, Post has a consensus rating of "Moderate Buy" and a consensus price target of $127.50.
View Our Latest Stock Report on POST
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.
Further Reading
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
Looking for the next FAANG stock before everyone has heard about it? Enter your email address to see which stocks MarketBeat analysts think might become the next trillion dollar tech company.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
