Geode Capital Management LLC trimmed its position in Post Holdings, Inc. (NYSE:POST - Free Report) by 0.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 794,721 shares of the company's stock after selling 6,549 shares during the period. Geode Capital Management LLC owned 1.37% of Post worth $90,993,000 at the end of the most recent reporting period.
A number of other institutional investors have also added to or reduced their stakes in POST. Parkside Financial Bank & Trust increased 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 valued at $194,000 after buying an additional 103 shares in the last quarter. Savant Capital LLC raised its position in shares of Post by 3.8% in the 4th quarter. Savant Capital LLC now owns 3,023 shares of the company's stock worth $346,000 after purchasing an additional 110 shares during the last quarter. Truist Financial Corp boosted its stake in Post by 4.2% in the 4th quarter. Truist Financial Corp now owns 2,781 shares of the company's stock worth $318,000 after purchasing an additional 113 shares in the last quarter. SkyView Investment Advisors LLC grew its position in Post by 2.2% during the 3rd quarter. SkyView Investment Advisors LLC now owns 7,408 shares of the company's stock valued at $857,000 after purchasing an additional 157 shares during the last quarter. Finally, Exchange Traded Concepts LLC increased its stake in Post by 2.5% during the 4th quarter. Exchange Traded Concepts LLC now owns 6,450 shares of the company's stock valued at $738,000 after purchasing an additional 160 shares in the last quarter. Institutional investors own 94.85% of the company's stock.
Post Stock Performance
POST traded down $1.54 during mid-day trading on Tuesday, reaching $116.92. 121,768 shares of the company traded hands, compared to its average volume of 542,563. The company's fifty day moving average price is $113.66 and its 200-day moving average price is $112.79. The stock has a market capitalization of $6.60 billion, a P/E ratio of 19.26 and a beta of 0.52. The company has a quick ratio of 1.64, a current ratio of 2.39 and a debt-to-equity ratio of 1.78. Post Holdings, Inc. has a 52-week low of $99.70 and a 52-week high of $125.84.
Post (NYSE:POST - Get Free Report) last posted its quarterly earnings data on Thursday, February 6th. The company reported $1.73 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, sell-side analysts expect that Post Holdings, Inc. will post 6.41 EPS for the current year.
Analysts Set New Price Targets
POST has been the topic of a number of recent analyst reports. Piper Sandler increased their price target 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 target price on Post from $122.00 to $124.00 and gave the company 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 has an average rating of "Moderate Buy" and a consensus price target of $127.50.
View Our Latest Stock Analysis on Post
Insider Buying and Selling at Post
In related news, Director David W. Kemper sold 8,939 shares of the company's stock in a transaction on Tuesday, February 11th. The shares were sold at an average price of $110.75, for a total value of $989,994.25. Following the completion of the transaction, the director now 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 sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Nicolas Catoggio sold 5,000 shares of the company's stock in a transaction dated Tuesday, February 25th. The stock was sold at an average price of $116.50, for a total value of $582,500.00. Following the completion of the transaction, the chief executive officer now directly owns 55,501 shares of the company's stock, valued at approximately $6,465,866.50. This trade represents a 8.26 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 36,096 shares of company stock valued at $4,129,355. Insiders own 11.40% of the company's stock.
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.
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