Xponance Inc. grew its position in shares of Post Holdings, Inc. (NYSE:POST – Free Report) by 4.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 5,434 shares of the company’s stock after purchasing an additional 243 shares during the quarter. Xponance Inc.’s holdings in Post were worth $622,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors also recently made changes to their positions in POST. Fortitude Family Office LLC increased its holdings in Post by 426.0% in the fourth quarter. Fortitude Family Office LLC now owns 263 shares of the company’s stock valued at $30,000 after purchasing an additional 213 shares during the period. Quarry LP increased its stake in shares of Post by 244.9% in the third quarter. Quarry LP now owns 338 shares of the company’s stock valued at $39,000 after buying an additional 240 shares during the period. Sound Income Strategies LLC bought a new position in shares of Post during the fourth quarter worth about $54,000. Eagle Bay Advisors LLC acquired a new position in shares of Post in the fourth quarter worth approximately $75,000. Finally, Versant Capital Management Inc boosted its holdings in Post by 71.3% in the fourth quarter. Versant Capital Management Inc now owns 930 shares of the company’s stock valued at $106,000 after acquiring an additional 387 shares during the last quarter. 94.85% of the stock is currently owned by institutional investors.
Post Stock Down 0.1 %
Post stock opened at $111.38 on Wednesday. The company has a market capitalization of $6.29 billion, a PE ratio of 18.35 and a beta of 0.65. Post Holdings, Inc. has a 12-month low of $99.62 and a 12-month high of $125.84. The firm’s fifty day moving average is $110.88 and its 200 day moving average is $112.72. The company has a quick ratio of 1.64, a current ratio of 2.39 and a debt-to-equity ratio of 1.78.
Analyst Ratings Changes
POST has been the topic of a number of recent analyst reports. Piper Sandler boosted their price target on shares of 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 upped their price target on shares of Post from $116.00 to $122.00 and gave the company an “equal weight” rating in a research report on Monday, February 10th. One research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $127.17.
Read Our Latest Stock Analysis on POST
Insiders Place Their Bets
In other Post news, CAO Diedre J. Gray sold 15,157 shares of the company’s stock in a transaction on Friday, February 21st. The shares were sold at an average price of $115.80, for a total transaction 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. This represents a 43.96 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director David W. Kemper sold 8,939 shares of Post stock in a transaction dated Tuesday, February 11th. The shares were sold at an average price of $110.75, for a total transaction of $989,994.25. Following the transaction, the director now owns 29,722 shares of the company’s stock, valued at $3,291,711.50. This represents a 23.12 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 36,096 shares of company stock worth $4,129,355. Corporate 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.
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