Adams Diversified Equity Fund Inc. Decreases Holdings in Post Holdings, Inc. (NYSE:POST)

Adams Diversified Equity Fund Inc. trimmed its holdings in shares of Post Holdings, Inc. (NYSE:POST) by 3.4% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 120,900 shares of the company’s stock after selling 4,200 shares during the period. Adams Diversified Equity Fund Inc. owned 0.21% of Post worth $13,838,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently bought and sold shares of the company. Hennessy Advisors Inc. acquired a new stake in shares of Post during the fourth quarter worth about $56,864,000. Raymond James Financial Inc. acquired a new stake in shares of Post during the fourth quarter worth about $36,751,000. Holocene Advisors LP increased its position in Post by 21.0% in the 3rd quarter. Holocene Advisors LP now owns 1,405,298 shares of the company’s stock valued at $162,663,000 after acquiring an additional 244,221 shares during the period. The Manufacturers Life Insurance Company increased its position in Post by 352.0% in the 3rd quarter. The Manufacturers Life Insurance Company now owns 196,193 shares of the company’s stock valued at $22,709,000 after acquiring an additional 152,791 shares during the period. Finally, National Bank of Canada FI increased its position in Post by 2,907.7% in the 3rd quarter. National Bank of Canada FI now owns 68,125 shares of the company’s stock valued at $7,885,000 after acquiring an additional 65,860 shares during the period. 94.85% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on POST. Wells Fargo & Company boosted their price target on Post from $116.00 to $122.00 and gave the company an “equal weight” rating in a research report on Monday, February 10th. Piper Sandler boosted their target price on Post from $120.00 to $140.00 and gave the stock an “overweight” rating in a research report on Monday, February 10th. One investment analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $127.17.

Post Stock Performance

NYSE POST opened at $111.93 on Friday. The company has a current ratio of 2.39, a quick ratio of 1.64 and a debt-to-equity ratio of 1.78. The business’s 50 day moving average is $110.60 and its two-hundred day moving average is $112.89. Post Holdings, Inc. has a 12-month low of $99.62 and a 12-month high of $125.84. The stock has a market capitalization of $6.32 billion, a price-to-earnings ratio of 18.44 and a beta of 0.65.

Post (NYSE:POST) last announced its quarterly 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 return on equity of 10.48% and a net margin of 4.94%. Research analysts expect that Post Holdings, Inc. will post 6.41 EPS for the current year.

Insider Transactions at Post

In other news, SVP Bradly A. Harper sold 2,000 shares of the business’s stock in a transaction that occurred on Tuesday, March 4th. The stock was sold at an average price of $114.59, for a total transaction of $229,180.00. Following the sale, the senior vice president now owns 8,741 shares of the company’s stock, valued at $1,001,631.19. The trade was a 18.62 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director David W. Kemper sold 8,939 shares of the business’s stock in a transaction that occurred on Tuesday, February 11th. The stock was sold at an average price of $110.75, for a total value of $989,994.25. Following the sale, the director now directly owns 29,722 shares in the company, valued at $3,291,711.50. This trade represents a 23.12 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 36,096 shares of company stock valued at $4,129,355 in the last quarter. 11.40% of the stock is currently owned by corporate insiders.

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.