Inceptionr LLC acquired a new position in Post Holdings, Inc. (NYSE:POST - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 14,943 shares of the company's stock, valued at approximately $1,710,000.
A number of other institutional investors and hedge funds have also added to or reduced their stakes in POST. Fortitude Family Office LLC boosted 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 in the last quarter. Ashton Thomas Securities LLC bought a new position in Post during the 3rd quarter valued at $33,000. Quarry LP boosted its stake in Post by 244.9% during the 3rd quarter. Quarry LP now owns 338 shares of the company's stock valued at $39,000 after purchasing an additional 240 shares in the last quarter. Sound Income Strategies LLC bought a new position in Post during the 4th quarter valued at $54,000. Finally, Eagle Bay Advisors LLC bought a new position in Post during the 4th quarter valued at $75,000. 94.85% of the stock is owned by institutional investors.
Wall Street Analyst Weigh In
A number of equities analysts have issued reports on the company. Piper Sandler increased their price target 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 $116.00 to $122.00 and gave the company an "equal weight" rating in a research note on Monday, February 10th. Finally, Evercore ISI raised their price objective on Post from $123.00 to $126.00 and gave the stock an "outperform" rating in a research note on Monday, November 18th. One equities research analyst has rated the stock with a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat, Post presently has a consensus rating of "Moderate Buy" and an average price target of $127.17.
Check Out Our Latest Stock Analysis on POST
Post Price Performance
Shares of NYSE POST traded up $2.73 during mid-day trading on Friday, reaching $117.10. The company had a trading volume of 779,272 shares, compared to its average volume of 494,699. 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 stock has a market cap of $6.61 billion, a PE ratio of 19.29 and a beta of 0.65. The company has a 50-day moving average price of $110.33 and a two-hundred day moving average price of $113.03. Post Holdings, Inc. has a 1-year low of $99.62 and a 1-year high of $125.84.
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%. On average, equities analysts anticipate that Post Holdings, Inc. will post 6.41 earnings per share for the current year.
Insider Transactions at Post
In other news, CAO Diedre J. Gray sold 15,157 shares of the firm's stock in a transaction on Friday, February 21st. The stock was sold at an average price of $115.80, for a total value 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. This trade represents a 43.96 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, Director David W. Kemper sold 8,939 shares of the firm's stock in a transaction on Tuesday, February 11th. The stock was sold at an average price of $110.75, for a total value of $989,994.25. Following the completion of the sale, the director now directly owns 29,722 shares of the company's stock, valued at approximately $3,291,711.50. This trade represents a 23.12 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 36,096 shares of company stock valued at $4,129,355 over the last quarter. Company 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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