Trexquant Investment LP acquired a new stake in Post Holdings, Inc. (NYSE:POST - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 11,512 shares of the company's stock, valued at approximately $1,318,000.
A number of other hedge funds and other institutional investors have also modified their holdings of POST. Fortitude Family Office LLC boosted its holdings in Post by 426.0% in the fourth 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. Quarry LP lifted its position in shares of Post by 244.9% during the 3rd quarter. Quarry LP now owns 338 shares of the company's stock worth $39,000 after buying an additional 240 shares during the last quarter. Sound Income Strategies LLC acquired a new position in shares of Post in the 4th quarter valued at $54,000. Eagle Bay Advisors LLC purchased a new position in shares of Post in the 4th quarter valued at $75,000. Finally, Versant Capital Management Inc raised its stake in Post by 71.3% during the 4th quarter. Versant Capital Management Inc now owns 930 shares of the company's stock worth $106,000 after acquiring an additional 387 shares in the last quarter. 94.85% of the stock is currently owned by institutional investors and hedge funds.
Post Stock Performance
Shares of NYSE:POST traded down $0.55 during midday trading on Tuesday, hitting $117.91. The stock had a trading volume of 34,171 shares, compared to its average volume of 542,187. The company has a market capitalization of $6.66 billion, a PE ratio of 19.43 and a beta of 0.52. Post Holdings, Inc. has a 1 year low of $99.70 and a 1 year high of $125.84. The stock has a 50 day moving average price of $113.66 and a two-hundred day moving average price of $112.79. The company has a current ratio of 2.39, a quick ratio of 1.64 and a debt-to-equity ratio of 1.78.
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 the consensus estimate of $1.49 by $0.24. Post had a return on equity of 10.48% and a net margin of 4.94%. As a group, equities analysts predict that Post Holdings, Inc. will post 6.41 earnings per share for the current fiscal year.
Wall Street Analysts Forecast Growth
A number of research analysts recently issued reports on the company. Wells Fargo & Company raised their price target on Post from $122.00 to $124.00 and gave the stock an "equal weight" rating in a research note on Wednesday, April 2nd. Piper Sandler raised 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. One analyst has rated the stock with a hold rating and five have given a buy rating to the company. Based on data from MarketBeat.com, Post currently has an average rating of "Moderate Buy" and an average price target of $127.50.
Read Our Latest Research Report on POST
Insiders Place Their Bets
In other news, Director David W. Kemper sold 8,939 shares of Post stock in a transaction on 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 transaction, the director now owns 29,722 shares of the company's stock, valued at $3,291,711.50. The trade was a 23.12 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, 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 completion of the sale, the senior vice president now owns 8,741 shares in the company, valued at $1,001,631.19. This represents a 18.62 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 36,096 shares of company stock worth $4,129,355. 11.40% of the stock is owned by corporate insiders.
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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