Braun Stacey Associates Inc. Increases Stake in Post Holdings, Inc. (NYSE:POST)

Braun Stacey Associates Inc. raised its stake in shares of Post Holdings, Inc. (NYSE:POST) by 3.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 206,561 shares of the company’s stock after purchasing an additional 7,086 shares during the quarter. Braun Stacey Associates Inc. owned about 0.36% of Post worth $23,643,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in POST. V Square Quantitative Management LLC acquired a new stake in Post during the 3rd quarter worth about $27,000. Fortitude Family Office LLC raised its position in 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 acquiring an additional 213 shares in the last quarter. Ashton Thomas Securities LLC acquired a new position in Post in the third quarter valued at approximately $33,000. Quarry LP boosted its position in Post by 244.9% in the 3rd quarter. Quarry LP now owns 338 shares of the company’s stock worth $39,000 after purchasing an additional 240 shares in the last quarter. Finally, Sound Income Strategies LLC acquired a new stake in shares of Post during the 4th quarter worth approximately $54,000. Hedge funds and other institutional investors own 94.85% of the company’s stock.

Insider Buying and Selling

In other Post news, COO Jeff A. Zadoks sold 28,969 shares of Post stock in a transaction that occurred on Wednesday, November 27th. The shares were sold at an average price of $119.96, for a total value of $3,475,121.24. Following the completion of the sale, the chief operating officer now directly owns 67,788 shares of the company’s stock, valued at approximately $8,131,848.48. The trade was a 29.94 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 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 value of $726,840.00. Following the completion of the transaction, the chief executive officer now owns 70,501 shares of the company’s stock, valued at $8,540,491.14. The trade was a 7.84 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 44,908 shares of company stock worth $5,312,045 in the last three months. Corporate insiders own 11.40% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have issued reports on POST shares. 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 price objective on shares of Post from $116.00 to $122.00 and gave the company an “equal weight” rating in a report on Monday, February 10th. Finally, Evercore ISI boosted their target price on shares of Post from $123.00 to $126.00 and gave the stock 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 assigned a buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $127.17.

Post Price Performance

Shares of NYSE:POST opened at $111.45 on Tuesday. Post Holdings, Inc. has a one year low of $99.62 and a one year high of $125.84. The company has a 50-day simple moving average of $110.86 and a 200-day simple moving average of $112.94. The company has a debt-to-equity ratio of 1.66, a quick ratio of 1.56 and a current ratio of 2.36. The stock has a market capitalization of $6.48 billion, a price-to-earnings ratio of 18.36 and a beta of 0.65.

Post (NYSE:POST) last released its earnings results on Thursday, February 6th. The company reported $1.73 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.49 by $0.24. Post had a return on equity of 10.40% and a net margin of 4.94%. On average, analysts predict that Post Holdings, Inc. will post 6.3 EPS for the current year.

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.