EULAV Asset Management increased its holdings in Post Holdings, Inc. (NYSE:POST – Free Report) by 23.3% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 203,000 shares of the company’s stock after buying an additional 38,400 shares during the period. EULAV Asset Management owned about 0.35% of Post worth $23,235,000 as of its most recent filing with the SEC.
A number of other institutional investors have also modified their holdings of POST. V Square Quantitative Management LLC acquired a new stake in shares of Post in the 3rd quarter worth about $27,000. Fortitude Family Office LLC raised its holdings in shares of Post by 426.0% during the fourth quarter. Fortitude Family Office LLC now owns 263 shares of the company’s stock valued at $30,000 after buying an additional 213 shares during the last quarter. Ashton Thomas Securities LLC acquired a new position in shares of Post during the third quarter worth approximately $33,000. Quarry LP grew its holdings in Post by 244.9% in the 3rd quarter. Quarry LP now owns 338 shares of the company’s stock worth $39,000 after buying an additional 240 shares in the last quarter. Finally, Sound Income Strategies LLC acquired a new stake in Post in the 4th quarter valued at approximately $54,000. Institutional investors own 94.85% of the company’s stock.
Analyst Upgrades and Downgrades
Several research analysts have recently issued reports on the company. Evercore ISI increased their price target on Post from $123.00 to $126.00 and gave the stock an “outperform” rating in a research note on Monday, November 18th. Wells Fargo & Company lowered their target price on shares of Post from $120.00 to $116.00 and set an “equal weight” rating on the stock in a research note on Tuesday, November 19th. Finally, Piper Sandler reduced their price target on shares of Post from $140.00 to $120.00 and set an “overweight” rating for the company in a research note on Thursday, January 16th. One analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. According to MarketBeat, Post has an average rating of “Moderate Buy” and an average price target of $122.83.
Post Stock Performance
NYSE:POST opened at $112.57 on Friday. The firm has a market capitalization of $6.55 billion, a PE ratio of 18.55 and a beta of 0.65. 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 1 year low of $99.62 and a 1 year high of $125.84. The firm’s fifty day simple moving average is $111.94 and its 200 day simple moving average is $112.77.
Post (NYSE:POST – Get Free Report) last posted its quarterly earnings results on Thursday, February 6th. The company reported $1.73 earnings per share for the quarter, topping analysts’ consensus estimates of $1.49 by $0.24. Post had a net margin of 4.94% and a return on equity of 10.40%. On average, sell-side analysts anticipate that Post Holdings, Inc. will post 6.3 EPS for the current year.
Insider Buying and Selling
In other Post news, COO Jeff A. Zadoks sold 28,969 shares of the stock in a transaction on Wednesday, November 27th. The stock was sold at an average price of $119.96, for a total value of $3,475,121.24. Following the transaction, the chief operating officer now directly owns 67,788 shares in the company, valued at approximately $8,131,848.48. This trade represents a 29.94 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Nicolas Catoggio sold 6,000 shares of the firm’s stock in a transaction dated 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 transaction, the chief executive officer now directly owns 70,501 shares in the company, valued at $8,540,491.14. This trade represents a 7.84 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 35,969 shares of company stock worth $4,322,051 in the last quarter. 11.40% of the stock is owned by corporate insiders.
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.
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