Quantinno Capital Management LP Raises Stock Holdings in Post Holdings, Inc. (NYSE:POST)

Quantinno Capital Management LP boosted its holdings in Post Holdings, Inc. (NYSE:POST) by 8.9% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 75,358 shares of the company’s stock after buying an additional 6,161 shares during the quarter. Quantinno Capital Management LP’s holdings in Post were worth $8,625,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of the business. Norges Bank bought a new stake in shares of Post during the 4th quarter valued at about $108,991,000. The Manufacturers Life Insurance Company grew its stake in shares of Post by 403.1% during the 4th quarter. The Manufacturers Life Insurance Company now owns 986,975 shares of the company’s stock valued at $112,969,000 after purchasing an additional 790,782 shares during the period. Hennessy Advisors Inc. bought a new stake in shares of Post during the 4th quarter valued at about $56,864,000. Raymond James Financial Inc. bought a new stake in shares of Post during the 4th quarter valued at about $36,751,000. Finally, Freestone Grove Partners LP bought a new stake in shares of Post during the 4th quarter valued at about $19,576,000. Hedge funds and other institutional investors own 94.85% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on POST shares. Piper Sandler boosted their price objective on Post from $120.00 to $140.00 and gave the company an “overweight” rating in a research note on Monday, February 10th. Wells Fargo & Company cut their price objective on Post from $124.00 to $120.00 and set an “equal weight” rating for the company in a research note on Monday. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat, Post presently has a consensus rating of “Moderate Buy” and a consensus price target of $128.20.

Insiders Place Their Bets

In other Post news, CAO Diedre J. Gray sold 15,157 shares of the company’s stock in a transaction that occurred on Friday, February 21st. The stock was sold at an average price of $115.80, for a total value of $1,755,180.60. Following the completion of the transaction, the chief accounting officer now directly owns 19,325 shares in the company, valued at $2,237,835. This represents a 43.96% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, SVP Bradly A. Harper sold 2,000 shares of the company’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 value of $229,180.00. Following the completion of the transaction, 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 ownership of the stock. The disclosure for this sale can be found here. Insiders sold 27,157 shares of company stock worth $3,139,361 in the last three months. 11.40% of the stock is owned by company insiders.

Post Trading Up 2.0%

Shares of NYSE:POST opened at $110.41 on Friday. The stock has a 50 day moving average of $113.53 and a 200 day moving average of $112.61. The company has a market cap of $6.24 billion, a PE ratio of 18.19 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 Holdings, Inc. has a 12-month low of $99.70 and a 12-month high of $125.84.

Post (NYSE:POST) last announced its quarterly earnings data on Thursday, May 8th. The company reported $1.41 earnings per share (EPS) 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 during the quarter, compared to the consensus estimate of $1.98 billion. During the same period in the previous year, the company posted $1.51 EPS. The firm’s revenue was down 2.3% on a year-over-year basis. As a group, equities research analysts expect that Post Holdings, Inc. will post 6.41 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.