Post Holdings, Inc. (NYSE:POST) Short Interest Down 14.6% in December

Post Holdings, Inc. (NYSE:POST) was the recipient of a significant drop in short interest in December. As of December 31st, there was short interest totalling 1,990,000 shares, a drop of 14.6% from the December 15th total of 2,330,000 shares. Currently, 4.3% of the shares of the stock are short sold. Based on an average daily trading volume, of 567,700 shares, the short-interest ratio is currently 3.5 days.

Analyst Upgrades and Downgrades

POST has been the topic of several analyst reports. Piper Sandler reduced their price objective on shares of Post from $140.00 to $120.00 and set an “overweight” rating on the stock in a research note on Thursday. Wells Fargo & Company cut their target price on Post from $120.00 to $116.00 and set an “equal weight” rating on the stock in a report on Tuesday, November 19th. Finally, Evercore ISI raised their price objective on Post from $123.00 to $126.00 and gave the stock an “outperform” rating in a research report on Monday, November 18th. One investment analyst has rated the stock with a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $123.57.

Insider Buying and Selling at Post

In other news, COO Jeff A. Zadoks sold 28,969 shares of Post stock in a transaction dated Wednesday, November 27th. The stock was sold at an average price of $119.96, for a total transaction of $3,475,121.24. Following the sale, the chief operating officer now directly owns 67,788 shares of the company’s stock, valued at approximately $8,131,848.48. This trade represents a 29.94 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, SVP Bradly A. Harper sold 1,000 shares of the business’s stock in a transaction dated Thursday, December 5th. The stock was sold at an average price of $120.09, for a total value of $120,090.00. Following the sale, the senior vice president now owns 11,220 shares in the company, valued at approximately $1,347,409.80. This trade represents a 8.18 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 35,969 shares of company stock worth $4,322,051 over the last quarter. Corporate insiders own 11.40% of the company’s stock.

Institutional Investors Weigh In On Post

Several large investors have recently added to or reduced their stakes in POST. V Square Quantitative Management LLC bought a new position in shares of Post during the 3rd quarter worth approximately $27,000. Fortitude Family Office LLC boosted its stake 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 in the last quarter. Ashton Thomas Securities LLC acquired a new stake in Post in the third quarter worth $33,000. Quarry LP grew its holdings in Post by 244.9% in 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. Finally, Point72 Asia Singapore Pte. Ltd. bought a new stake in Post in the second quarter valued at $62,000. Institutional investors and hedge funds own 94.85% of the company’s stock.

Post Trading Up 0.4 %

POST traded up $0.41 during trading on Friday, reaching $108.00. 530,848 shares of the stock traded hands, compared to its average volume of 591,760. The stock’s 50-day moving average is $113.59 and its 200 day moving average is $112.74. Post has a 12 month low of $91.09 and a 12 month high of $125.84. The company has a quick ratio of 1.56, a current ratio of 2.36 and a debt-to-equity ratio of 1.66. The stock has a market capitalization of $6.28 billion, a PE ratio of 19.15 and a beta of 0.66.

About Post

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.