Principal Securities Inc. lifted its stake in shares of Post Holdings, Inc. (NYSE:POST – Free Report) by 10.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,041 shares of the company’s stock after acquiring an additional 195 shares during the quarter. Principal Securities Inc.’s holdings in Post were worth $234,000 at the end of the most recent reporting period.
Several other large investors have also modified their holdings of the stock. Holocene Advisors LP boosted its stake in shares of Post by 21.0% during the 3rd quarter. Holocene Advisors LP now owns 1,405,298 shares of the company’s stock worth $162,663,000 after acquiring an additional 244,221 shares in the last quarter. Hennessy Advisors Inc. acquired a new stake in shares of Post in the fourth quarter worth $56,864,000. Victory Capital Management Inc. boosted its position in shares of Post by 1.3% in the third quarter. Victory Capital Management Inc. now owns 226,512 shares of the company’s stock worth $26,219,000 after buying an additional 2,879 shares during the period. Iridian Asset Management LLC CT boosted its position in shares of Post by 20.3% in the fourth quarter. Iridian Asset Management LLC CT now owns 206,013 shares of the company’s stock worth $23,580,000 after buying an additional 34,825 shares during the period. Finally, EULAV Asset Management boosted its position in shares of Post by 23.3% in the fourth quarter. EULAV Asset Management now owns 203,000 shares of the company’s stock worth $23,235,000 after buying an additional 38,400 shares during the period. 94.85% of the stock is owned by institutional investors.
Post Price Performance
Shares of NYSE:POST opened at $115.68 on Monday. The company has a current ratio of 2.39, a quick ratio of 1.64 and a debt-to-equity ratio of 1.78. Post Holdings, Inc. has a 1 year low of $99.62 and a 1 year high of $125.84. The business has a fifty day simple moving average of $110.47 and a 200 day simple moving average of $112.99. The firm has a market cap of $6.53 billion, a price-to-earnings ratio of 19.06 and a beta of 0.65.
Wall Street Analyst Weigh In
Several analysts have recently commented on POST shares. Piper Sandler raised 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. Evercore ISI raised their target price on Post from $123.00 to $126.00 and gave the stock an “outperform” rating in a research report on Monday, November 18th. Finally, Wells Fargo & Company raised their target price on Post from $116.00 to $122.00 and gave the stock an “equal weight” rating in a research report on Monday, February 10th. One equities research analyst has rated the stock with a hold rating and five have given a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $127.17.
Read Our Latest Research Report on POST
Insider Buying and Selling at Post
In other Post news, CEO Nicolas Catoggio sold 6,000 shares of the firm’s stock in a transaction dated Monday, December 2nd. The stock was sold at an average price of $121.14, for a total transaction of $726,840.00. Following 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 ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, COO Jeff A. Zadoks sold 28,969 shares of the firm’s stock in a transaction dated 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 transaction, the chief operating officer now owns 67,788 shares in the company, valued at approximately $8,131,848.48. This trade represents a 29.94 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 44,908 shares of company stock worth $5,312,045 over the last three months. 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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