National Bank of Canada FI Sells 2,237 Shares of Post Holdings, Inc. (NYSE:POST)

National Bank of Canada FI lessened its stake in shares of Post Holdings, Inc. (NYSE:POST - Free Report) by 3.3% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 65,888 shares of the company's stock after selling 2,237 shares during the period. National Bank of Canada FI owned about 0.11% of Post worth $7,542,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of POST. HighPoint Advisor Group LLC purchased a new position in shares of Post during the 4th quarter valued at $202,000. B. Metzler seel. Sohn & Co. AG purchased a new position in Post in the fourth quarter valued at about $1,268,000. CIBC Private Wealth Group LLC increased its position in Post by 38.5% in the 4th quarter. CIBC Private Wealth Group LLC now owns 26,721 shares of the company's stock worth $2,874,000 after purchasing an additional 7,423 shares during the last quarter. Schroder Investment Management Group raised its stake in shares of Post by 5.5% during the 4th quarter. Schroder Investment Management Group now owns 268,232 shares of the company's stock worth $30,447,000 after purchasing an additional 14,022 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership raised its stake in shares of Post by 160.9% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 113,829 shares of the company's stock worth $13,029,000 after purchasing an additional 70,205 shares in the last quarter. 94.85% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Post

In related news, SVP Bradly A. Harper sold 2,000 shares of the business's stock in a transaction dated Tuesday, March 4th. The stock was sold at an average price of $114.59, for a total transaction of $229,180.00. Following the transaction, the senior vice president now directly owns 8,741 shares in the company, valued at $1,001,631.19. The trade was a 18.62 % decrease in their ownership of the stock. The sale was disclosed in a legal 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 that occurred 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 owns 29,722 shares of the company's stock, valued at $3,291,711.50. This represents a 23.12 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 36,096 shares of company stock worth $4,129,355. Insiders own 11.40% of the company's stock.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on the stock. Wells Fargo & Company raised their price objective on shares of Post from $122.00 to $124.00 and gave the company an "equal weight" rating in a research report on Wednesday, April 2nd. Piper Sandler lifted their price objective on shares of Post from $120.00 to $140.00 and gave the company an "overweight" rating in a research note on Monday, February 10th. One investment analyst has rated the stock with a hold rating and five have issued a buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $127.50.

Post Stock Performance

NYSE:POST traded down $1.27 during midday trading on Thursday, reaching $114.78. The stock had a trading volume of 136,820 shares, compared to its average volume of 538,050. The stock has a market capitalization of $6.48 billion, a P/E ratio of 18.93 and a beta of 0.52. The company has a debt-to-equity ratio of 1.78, a current ratio of 2.39 and a quick ratio of 1.64. Post Holdings, Inc. has a 1-year low of $99.62 and a 1-year high of $125.84. The firm's fifty day simple moving average is $112.95 and its 200-day simple moving average is $112.78.

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, 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 research analysts forecast that Post Holdings, Inc. will post 6.41 EPS for the current fiscal year.

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.