Post Holdings, Inc. $POST Shares Purchased by AlphaQuest LLC

AlphaQuest LLC increased its holdings in shares of Post Holdings, Inc. (NYSE:POST) by 23.1% in the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 13,665 shares of the company’s stock after purchasing an additional 2,566 shares during the quarter. AlphaQuest LLC’s holdings in Post were worth $1,590,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of POST. Mariner LLC increased its position in Post by 15.5% during the 4th quarter. Mariner LLC now owns 6,905 shares of the company’s stock worth $790,000 after purchasing an additional 927 shares in the last quarter. NewEdge Advisors LLC increased its position in Post by 770.8% during the 4th quarter. NewEdge Advisors LLC now owns 2,386 shares of the company’s stock worth $273,000 after purchasing an additional 2,112 shares in the last quarter. MetLife Investment Management LLC increased its position in Post by 9.0% during the 4th quarter. MetLife Investment Management LLC now owns 26,694 shares of the company’s stock worth $3,055,000 after purchasing an additional 2,198 shares in the last quarter. MML Investors Services LLC boosted its holdings in Post by 12.7% in the 4th quarter. MML Investors Services LLC now owns 26,946 shares of the company’s stock worth $3,084,000 after acquiring an additional 3,041 shares during the period. Finally, Tower Research Capital LLC TRC boosted its holdings in Post by 478.1% in the 4th quarter. Tower Research Capital LLC TRC now owns 5,423 shares of the company’s stock worth $621,000 after acquiring an additional 4,485 shares during the period. Institutional investors and hedge funds own 94.85% of the company’s stock.

Insider Activity at Post

In other news, Director William P. Stiritz acquired 186,740 shares of Post stock in a transaction that occurred on Thursday, June 5th. The shares were purchased at an average cost of $109.11 per share, for a total transaction of $20,375,201.40. Following the completion of the purchase, the director directly owned 4,298,667 shares of the company’s stock, valued at $469,027,556.37. This trade represents a 4.54% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CEO Nicolas Catoggio sold 1,750 shares of the firm’s stock in a transaction on Thursday, June 5th. The stock was sold at an average price of $108.97, for a total value of $190,697.50. Following the transaction, the chief executive officer owned 43,751 shares in the company, valued at $4,767,546.47. This trade represents a 3.85% decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 11.40% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have weighed in on POST shares. Wells Fargo & Company decreased their price target on Post from $120.00 to $117.00 and set an “equal weight” rating for the company in a report on Wednesday, July 9th. Piper Sandler upped their price target on Post from $140.00 to $150.00 and gave the stock an “overweight” rating in a report on Wednesday, June 11th. Mizuho decreased their price target on Post from $133.00 to $127.00 and set an “outperform” rating for the company in a report on Wednesday, May 28th. Evercore ISI upped their price target on Post from $130.00 to $131.00 and gave the stock an “outperform” rating in a report on Wednesday, June 4th. Finally, Wall Street Zen upgraded Post from a “hold” rating to a “buy” rating in a report on Saturday, August 9th. Four equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $129.40.

Post Stock Performance

Post stock opened at $114.1660 on Friday. The stock has a market cap of $6.20 billion, a P/E ratio of 19.42 and a beta of 0.49. The company has a current ratio of 2.60, a quick ratio of 1.84 and a debt-to-equity ratio of 1.83. The stock has a 50 day moving average of $108.21 and a 200-day moving average of $111.03. Post Holdings, Inc. has a 52 week low of $101.05 and a 52 week high of $125.84.

Post (NYSE:POST) last released its earnings results on Thursday, August 7th. The company reported $2.03 EPS for the quarter, beating the consensus estimate of $1.67 by $0.36. The company had revenue of $1.98 billion during the quarter, compared to analysts’ expectations of $1.95 billion. Post had a return on equity of 10.80% and a net margin of 4.62%.The business’s revenue was up 1.9% on a year-over-year basis. During the same period in the prior year, the business posted $1.54 EPS. On average, analysts expect that Post Holdings, Inc. will post 6.41 EPS for the current fiscal year.

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.