Insider Selling: Post Holdings, Inc. (NYSE:POST) CAO Sells 15,157 Shares of Stock

Post Holdings, Inc. (NYSE:POST) CAO Diedre J. Gray sold 15,157 shares of Post stock in a transaction dated Friday, February 21st. The shares were sold at an average price of $115.80, for a total value of $1,755,180.60. Following the sale, the chief accounting officer now owns 19,325 shares of the company’s stock, valued at approximately $2,237,835. This represents a 43.96 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Post Trading Down 2.0 %

NYSE:POST opened at $113.09 on Thursday. The company has a quick ratio of 1.64, a current ratio of 2.39 and a debt-to-equity ratio of 1.78. The company’s 50 day moving average is $110.43 and its 200-day moving average is $113.03. The firm has a market cap of $6.39 billion, a price-to-earnings ratio of 18.63 and a beta of 0.65. Post Holdings, Inc. has a 12 month low of $99.62 and a 12 month high of $125.84.

Post (NYSE:POST) last announced its earnings results on Thursday, February 6th. The company reported $1.73 EPS for the quarter, topping 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%. Equities analysts anticipate that Post Holdings, Inc. will post 6.41 EPS for the current year.

Hedge Funds Weigh In On Post

Several large investors have recently made changes to their positions in POST. Norges Bank acquired a new stake in Post in the 4th quarter valued at approximately $108,991,000. The Manufacturers Life Insurance Company grew its stake in shares of Post by 403.1% in the fourth quarter. The Manufacturers Life Insurance Company now owns 986,975 shares of the company’s stock worth $112,969,000 after acquiring an additional 790,782 shares during the last quarter. Hennessy Advisors Inc. bought a new position in Post during the fourth quarter worth $56,864,000. Point72 Asset Management L.P. raised its stake in Post by 53.4% during the 4th quarter. Point72 Asset Management L.P. now owns 1,045,306 shares of the company’s stock valued at $119,646,000 after purchasing an additional 364,006 shares during the last quarter. Finally, Raymond James Financial Inc. bought a new stake in Post in the 4th quarter valued at $36,751,000. Institutional investors and hedge funds own 94.85% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have issued reports on POST. Piper Sandler lifted their target price 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. Wells Fargo & Company lifted their price objective on shares of 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 upped their price objective on shares of Post from $123.00 to $126.00 and gave the stock an “outperform” rating in a report on Monday, November 18th. One research analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $127.17.

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.