Post Holdings, Inc. (NYSE:POST) Shares Sold by London Co. of Virginia

London Co. of Virginia lowered its position in shares of Post Holdings, Inc. (NYSE:POST) by 0.7% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 2,340,065 shares of the company’s stock after selling 16,051 shares during the period. Post comprises about 1.5% of London Co. of Virginia’s holdings, making the stock its 23rd largest position. London Co. of Virginia’s holdings in Post were worth $267,844,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Eagle Bay Advisors LLC acquired a new position in Post in the 4th quarter valued at about $75,000. Miracle Mile Advisors LLC acquired a new position in Post in the 4th quarter valued at about $946,000. Park Avenue Securities LLC increased its position in Post by 21.0% in the 4th quarter. Park Avenue Securities LLC now owns 7,449 shares of the company’s stock valued at $853,000 after acquiring an additional 1,291 shares during the period. Carolina Wealth Advisors LLC increased its position in Post by 2.7% in the 4th quarter. Carolina Wealth Advisors LLC now owns 6,750 shares of the company’s stock valued at $773,000 after acquiring an additional 177 shares during the period. Finally, Carnegie Investment Counsel increased its position in Post by 9.1% in the 4th quarter. Carnegie Investment Counsel now owns 88,199 shares of the company’s stock valued at $10,095,000 after acquiring an additional 7,344 shares during the period. Institutional investors and hedge funds own 94.85% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts recently issued reports on POST shares. Piper Sandler boosted their price target on Post from $120.00 to $140.00 and gave the company an “overweight” rating in a research report on Monday, February 10th. Wells Fargo & Company boosted their price target on Post from $122.00 to $124.00 and gave the company an “equal weight” rating in a research report on Wednesday, April 2nd. One equities research analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $129.00.

Post Price Performance

Shares of POST opened at $110.78 on Monday. Post Holdings, Inc. has a twelve month low of $99.70 and a twelve month high of $125.84. The stock’s 50 day moving average is $113.99 and its two-hundred day moving average is $112.69. The firm has a market capitalization of $6.26 billion, a PE ratio of 18.25 and a beta of 0.50. 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 (NYSE:POST) last announced its quarterly earnings data on Thursday, May 8th. The company reported $1.41 earnings per share for the quarter, beating analysts’ consensus estimates of $1.18 by $0.23. Post had a return on equity of 10.48% and a net margin of 4.94%. The company had revenue of $1.95 billion for the quarter, compared to analyst estimates of $1.98 billion. During the same quarter in the previous year, the company earned $1.51 EPS. The firm’s revenue for the quarter was down 2.3% compared to the same quarter last year. Research analysts anticipate that Post Holdings, Inc. will post 6.41 earnings per share for the current year.

Insider Buying and Selling 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. In the last 90 days, insiders have sold 36,096 shares of company stock valued at $4,129,355. 11.40% of the stock is owned by corporate insiders.

Post Company 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.