Post Holdings, Inc. (NYSE:POST) Position Boosted by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC grew its holdings in shares of Post Holdings, Inc. (NYSE:POST) by 28.8% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 6,278 shares of the company’s stock after acquiring an additional 1,405 shares during the quarter. Commonwealth Equity Services LLC’s holdings in Post were worth $719,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of the business. Sequoia Financial Advisors LLC grew its position in Post by 54.7% in the 4th quarter. Sequoia Financial Advisors LLC now owns 4,827 shares of the company’s stock valued at $552,000 after buying an additional 1,706 shares in the last quarter. HighTower Advisors LLC increased its stake in shares of Post by 133.7% during the fourth quarter. HighTower Advisors LLC now owns 12,538 shares of the company’s stock valued at $1,435,000 after acquiring an additional 7,172 shares during the period. AlphaQuest LLC raised its holdings in Post by 1,109,800.0% during the fourth quarter. AlphaQuest LLC now owns 11,099 shares of the company’s stock worth $1,270,000 after purchasing an additional 11,098 shares in the last quarter. Inceptionr LLC acquired a new stake in Post in the fourth quarter worth approximately $1,710,000. Finally, Raymond James Financial Inc. bought a new position in Post during the 4th quarter valued at $36,751,000. Institutional investors own 94.85% of the company’s stock.

Insiders Place Their Bets

In other news, Director David W. Kemper sold 8,939 shares of the firm’s stock in a transaction 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 completion of the sale, the director now owns 29,722 shares of the company’s stock, valued at $3,291,711.50. This trade represents a 23.12 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, 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 value of $1,755,180.60. Following the transaction, the chief accounting officer now directly owns 19,325 shares in the company, valued at $2,237,835. The trade was a 43.96 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 36,096 shares of company stock worth $4,129,355 over the last ninety days. 11.40% of the stock is currently owned by company insiders.

Post Stock Performance

POST opened at $115.76 on Thursday. The company has a quick ratio of 1.64, a current ratio of 2.39 and a debt-to-equity ratio of 1.78. The firm has a market cap of $6.54 billion, a PE ratio of 19.07 and a beta of 0.65. The business has a fifty day simple moving average of $111.85 and a 200-day simple moving average of $112.75. Post Holdings, Inc. has a fifty-two week low of $99.62 and a fifty-two week high of $125.84.

Post (NYSE:POST) last announced its earnings results on Thursday, February 6th. The company reported $1.73 EPS for the quarter, beating 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%. As a group, equities analysts predict that Post Holdings, Inc. will post 6.41 EPS for the current fiscal year.

Analyst Ratings Changes

POST has been the topic of a number of research reports. Piper Sandler boosted their price objective on Post from $120.00 to $140.00 and gave the stock an “overweight” rating in a research note on Monday, February 10th. Wells Fargo & Company boosted their price target on shares of Post from $122.00 to $124.00 and gave the stock an “equal weight” rating in a research report on Wednesday. One analyst has rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $127.50.

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.