Point72 Asia Singapore Pte. Ltd. Has $53,000 Stock Position in Post Holdings, Inc. (NYSE:POST)

Point72 Asia Singapore Pte. Ltd. lessened its stake in shares of Post Holdings, Inc. (NYSE:POST) by 92.3% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 462 shares of the company’s stock after selling 5,550 shares during the period. Point72 Asia Singapore Pte. Ltd.’s holdings in Post were worth $53,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of POST. Parkside Financial Bank & Trust increased its position in shares of Post by 6.5% in the fourth quarter. Parkside Financial Bank & Trust now owns 1,699 shares of the company’s stock worth $194,000 after acquiring an additional 103 shares in the last quarter. Savant Capital LLC grew its position in Post by 3.8% during the 4th quarter. Savant Capital LLC now owns 3,023 shares of the company’s stock worth $346,000 after purchasing an additional 110 shares in the last quarter. Truist Financial Corp grew its position in Post by 4.2% during the 4th quarter. Truist Financial Corp now owns 2,781 shares of the company’s stock worth $318,000 after purchasing an additional 113 shares in the last quarter. ProShare Advisors LLC raised its stake in Post by 7.4% during the 4th quarter. ProShare Advisors LLC now owns 2,215 shares of the company’s stock valued at $254,000 after purchasing an additional 152 shares during the period. Finally, Exchange Traded Concepts LLC lifted its holdings in shares of Post by 2.5% in the fourth quarter. Exchange Traded Concepts LLC now owns 6,450 shares of the company’s stock valued at $738,000 after purchasing an additional 160 shares in the last quarter. 94.85% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Post news, CEO Nicolas Catoggio sold 5,000 shares of the business’s stock in a transaction dated Tuesday, February 25th. The stock was sold at an average price of $116.50, for a total value of $582,500.00. Following the completion of the sale, the chief executive officer now owns 55,501 shares of the company’s stock, valued at $6,465,866.50. The trade was a 8.26% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Bradly A. Harper sold 2,000 shares of the stock in a transaction dated Tuesday, March 4th. The shares were sold at an average price of $114.59, for a total value of $229,180.00. Following the transaction, the senior vice president now directly owns 8,741 shares in the company, valued at approximately $1,001,631.19. This represents a 18.62% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 27,157 shares of company stock worth $3,139,361. Insiders own 11.40% of the company’s stock.

Post Trading Up 1.3%

NYSE POST opened at $111.83 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 $99.70 and a 1-year high of $125.84. The firm’s fifty day simple moving average is $113.47 and its 200-day simple moving average is $112.67. The company has a market capitalization of $6.23 billion, a PE ratio of 18.42 and a beta of 0.50.

Post (NYSE:POST) last issued its earnings results on Thursday, May 8th. The company reported $1.41 earnings per share for the quarter, topping the consensus estimate of $1.18 by $0.23. The company had revenue of $1.95 billion for the quarter, compared to analyst estimates of $1.98 billion. Post had a return on equity of 10.48% and a net margin of 4.94%. The business’s revenue was down 2.3% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.51 EPS. As a group, sell-side analysts anticipate that Post Holdings, Inc. will post 6.41 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

POST has been the topic of a number of research analyst reports. Piper Sandler lifted their price target on Post from $120.00 to $140.00 and gave the company an “overweight” rating in a report on Monday, February 10th. Wells Fargo & Company decreased their price objective on Post from $124.00 to $120.00 and set an “equal weight” rating for the company in a research report on Monday, May 12th. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $128.20.

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.