Arrowstreet Capital Limited Partnership Increases Position in Post Holdings, Inc. (NYSE:POST)

Arrowstreet Capital Limited Partnership grew its stake in shares of Post Holdings, Inc. (NYSE:POST - Free Report) by 160.9% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 113,829 shares of the company's stock after buying an additional 70,205 shares during the quarter. Arrowstreet Capital Limited Partnership owned 0.20% of Post worth $13,029,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in POST. Janus Henderson Group PLC raised its position in shares of Post by 8.4% during the 3rd quarter. Janus Henderson Group PLC now owns 23,619 shares of the company's stock valued at $2,733,000 after buying an additional 1,827 shares in the last quarter. Integrated Wealth Concepts LLC raised its position in shares of Post by 11.6% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 2,831 shares of the company's stock valued at $328,000 after buying an additional 295 shares in the last quarter. Quarry LP raised its position in shares of Post by 244.9% during the 3rd quarter. Quarry LP now owns 338 shares of the company's stock valued at $39,000 after buying an additional 240 shares in the last quarter. Stifel Financial Corp raised its position in shares of Post by 0.8% during the 3rd quarter. Stifel Financial Corp now owns 48,808 shares of the company's stock valued at $5,650,000 after buying an additional 377 shares in the last quarter. Finally, National Bank of Canada FI raised its position in shares of Post by 2,907.7% during the 3rd quarter. National Bank of Canada FI now owns 68,125 shares of the company's stock valued at $7,885,000 after buying an additional 65,860 shares in the last quarter. Hedge funds and other institutional investors own 94.85% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on the stock. 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 target price on shares of Post from $122.00 to $124.00 and gave the stock an "equal weight" rating in a research report 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. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $127.50.

Post Trading Down 0.5 %

NYSE:POST traded down $0.55 during trading hours on Thursday, reaching $115.50. The company's stock had a trading volume of 74,080 shares, compared to its average volume of 537,843. The firm has a 50-day simple moving average of $112.95 and a 200-day simple moving average of $112.78. Post Holdings, Inc. has a 1 year low of $99.62 and a 1 year high of $125.84. The firm has a market capitalization of $6.52 billion, a price-to-earnings ratio of 19.03 and a beta of 0.52. 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 issued its quarterly earnings data on Thursday, February 6th. The company reported $1.73 EPS for the quarter, beating the consensus estimate of $1.49 by $0.24. Post had a net margin of 4.94% and a return on equity of 10.48%. Research analysts expect that Post Holdings, Inc. will post 6.41 EPS for the current fiscal year.

Insider Activity at Post

In other Post news, SVP Bradly A. Harper sold 2,000 shares of the company's 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 sale, the senior vice president now owns 8,741 shares in the company, valued at approximately $1,001,631.19. This represents a 18.62 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director David W. Kemper sold 8,939 shares of the company's stock in a transaction dated Tuesday, February 11th. The stock was sold at an average price of $110.75, for a total transaction of $989,994.25. Following the completion of the sale, the director now owns 29,722 shares in the company, 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 have sold 36,096 shares of company stock worth $4,129,355 over the last 90 days. 11.40% of the stock is owned by company insiders.

About Post

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.