Post Holdings, Inc. (NYSE:POST) Director Sells $989,994.25 in Stock

Post Holdings, Inc. (NYSE:POST) 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 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 approximately $3,291,711.50. The trade was a 23.12 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

Post Stock Performance

NYSE:POST opened at $111.45 on Friday. The company has a current ratio of 2.36, a quick ratio of 1.56 and a debt-to-equity ratio of 1.66. Post Holdings, Inc. has a 12-month low of $99.62 and a 12-month high of $125.84. The stock has a 50-day moving average price of $110.97 and a 200 day moving average price of $112.88. The stock has a market capitalization of $6.29 billion, a P/E ratio of 18.36 and a beta of 0.65.

Post (NYSE:POST) last released its quarterly earnings results on Thursday, February 6th. The company reported $1.73 earnings per share for the quarter, beating the consensus estimate of $1.49 by $0.24. Post had a return on equity of 10.40% and a net margin of 4.94%. Equities research analysts forecast that Post Holdings, Inc. will post 6.3 EPS for the current fiscal year.

Analyst Ratings Changes

A number of brokerages have commented on POST. Evercore ISI upped their price target on Post from $123.00 to $126.00 and gave the stock an “outperform” rating in a research report on Monday, November 18th. Piper Sandler upped their price target on Post from $120.00 to $140.00 and gave the stock an “overweight” rating in a research report on Monday, February 10th. Finally, Wells Fargo & Company increased their target price on Post from $116.00 to $122.00 and gave the stock an “equal weight” rating in a research report on Monday, February 10th. One investment analyst has rated the stock with a hold rating and five have given a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $127.17.

Hedge Funds Weigh In On Post

Several institutional investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. grew its holdings in Post by 0.3% during the 4th quarter. Vanguard Group Inc. now owns 5,140,299 shares of the company’s stock valued at $588,359,000 after buying an additional 13,272 shares in the last quarter. Dimensional Fund Advisors LP grew its holdings in Post by 2.3% during the 4th quarter. Dimensional Fund Advisors LP now owns 3,201,394 shares of the company’s stock valued at $366,428,000 after buying an additional 70,850 shares in the last quarter. Holocene Advisors LP grew its holdings in Post by 21.0% during the 3rd quarter. Holocene Advisors LP now owns 1,405,298 shares of the company’s stock valued at $162,663,000 after buying an additional 244,221 shares in the last quarter. The Manufacturers Life Insurance Company grew its holdings in Post by 403.1% during the 4th quarter. The Manufacturers Life Insurance Company now owns 986,975 shares of the company’s stock valued at $112,969,000 after buying an additional 790,782 shares in the last quarter. Finally, Norges Bank bought a new stake in shares of Post in the 4th quarter valued at approximately $108,991,000. Hedge funds and other institutional investors own 94.85% of the company’s stock.

Post Company 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.