Amalgamated Bank Has $2.59 Million Stock Holdings in Post Holdings, Inc. (NYSE:POST)

Amalgamated Bank lowered its position in shares of Post Holdings, Inc. (NYSE:POST) by 0.6% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 22,582 shares of the company’s stock after selling 130 shares during the quarter. Amalgamated Bank’s holdings in Post were worth $2,585,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Fortitude Family Office LLC increased its position in Post by 426.0% during the fourth quarter. Fortitude Family Office LLC now owns 263 shares of the company’s stock worth $30,000 after acquiring an additional 213 shares during the period. Ashton Thomas Securities LLC acquired a new position in shares of Post during the 3rd quarter worth approximately $33,000. Quarry LP increased its holdings in shares of Post by 244.9% during the third quarter. Quarry LP now owns 338 shares of the company’s stock worth $39,000 after purchasing an additional 240 shares during the period. Sound Income Strategies LLC bought a new position in shares of Post during the fourth quarter worth approximately $54,000. Finally, Eagle Bay Advisors LLC acquired a new stake in shares of Post in the fourth quarter valued at approximately $75,000. Institutional investors and hedge funds own 94.85% of the company’s stock.

Post Price Performance

Shares of POST stock opened at $113.61 on Friday. The business has a fifty day simple moving average of $110.33 and a 200 day simple moving average of $113.04. Post Holdings, Inc. has a twelve month low of $99.62 and a twelve month high of $125.84. 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 has a market cap of $6.42 billion, a P/E ratio of 18.72 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, 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%. On average, sell-side analysts forecast that Post Holdings, Inc. will post 6.41 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

POST has been the topic of a number of analyst reports. Piper Sandler increased 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. 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 report on Monday, February 10th. Finally, Evercore ISI boosted their price target on Post from $123.00 to $126.00 and gave the company an “outperform” rating in a research note on Monday, November 18th. 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 MarketBeat.com, Post currently has an average rating of “Moderate Buy” and an average target price of $127.17.

Insider Transactions at Post

In other news, CAO Diedre J. Gray sold 15,157 shares of the business’s stock in a transaction that occurred on 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 transaction, the chief accounting officer now owns 19,325 shares in the company, valued at approximately $2,237,835. The trade was a 43.96 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Nicolas Catoggio sold 6,000 shares of the company’s stock in a transaction on Monday, December 2nd. The shares were sold at an average price of $121.14, for a total transaction of $726,840.00. Following the completion of the sale, the chief executive officer now directly owns 70,501 shares in the company, valued at approximately $8,540,491.14. This represents a 7.84 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 36,096 shares of company stock worth $4,174,605. Company insiders own 11.40% of the company’s stock.

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.