HighTower Advisors LLC Purchases 7,172 Shares of Post Holdings, Inc. (NYSE:POST)

HighTower Advisors LLC boosted its holdings in shares of Post Holdings, Inc. (NYSE:POST - Free Report) by 133.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 12,538 shares of the company's stock after buying an additional 7,172 shares during the period. HighTower Advisors LLC's holdings in Post were worth $1,435,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in POST. Retirement Systems of Alabama raised its position in Post by 4.7% in the 3rd quarter. Retirement Systems of Alabama now owns 102,173 shares of the company's stock valued at $11,827,000 after buying an additional 4,606 shares during the last quarter. Cerity Partners LLC raised its holdings in shares of Post by 46.6% in the third quarter. Cerity Partners LLC now owns 30,562 shares of the company's stock valued at $3,538,000 after purchasing an additional 9,711 shares during the last quarter. Miracle Mile Advisors LLC bought a new position in shares of Post during the fourth quarter valued at about $946,000. Truist Financial Corp boosted its holdings in Post by 4.2% during the fourth quarter. Truist Financial Corp now owns 2,781 shares of the company's stock worth $318,000 after purchasing an additional 113 shares during the last quarter. Finally, Tidal Investments LLC bought a new stake in Post in the 3rd quarter worth about $733,000. 94.85% of the stock is owned by institutional investors.

Post Stock Performance

Shares of POST stock traded down $0.68 during trading hours on Friday, hitting $115.01. 451,515 shares of the company were exchanged, compared to its average volume of 524,913. Post Holdings, Inc. has a 52-week low of $99.62 and a 52-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 fifty day simple moving average of $111.17 and a 200 day simple moving average of $112.75. The stock has a market capitalization of $6.50 billion, a price-to-earnings ratio of 18.95 and a beta of 0.65.

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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, 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%. Research analysts predict that Post Holdings, Inc. will post 6.41 earnings per share for the current fiscal year.

Insider Activity at Post

In related news, CEO Nicolas Catoggio sold 5,000 shares of the stock in a transaction dated Monday, March 3rd. The stock was sold at an average price of $114.50, for a total transaction of $572,500.00. Following the sale, the chief executive officer now owns 50,501 shares of the company's stock, valued at approximately $5,782,364.50. This represents a 9.01 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, SVP Bradly A. Harper sold 2,000 shares of Post stock in a transaction dated Tuesday, March 4th. The shares were 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 $1,001,631.19. The trade was a 18.62 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 36,096 shares of company stock worth $4,129,355. Company insiders own 11.40% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on POST shares. Piper Sandler lifted their target price on shares of Post from $120.00 to $140.00 and gave the stock an "overweight" rating in a research report on Monday, February 10th. Wells Fargo & Company lifted their price target on Post from $116.00 to $122.00 and gave the stock an "equal weight" rating in a report on Monday, February 10th. One analyst has rated the stock with a hold rating and five have issued a buy rating to the company. According to MarketBeat.com, Post presently has a consensus rating of "Moderate Buy" and an average target price of $127.17.

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.