Geode Capital Management LLC raised its holdings in shares of Post Holdings, Inc. (NYSE:POST – Free Report) by 1.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 880,993 shares of the company’s stock after acquiring an additional 8,906 shares during the period. Geode Capital Management LLC’s holdings in Post were worth $87,282,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also bought and sold shares of the company. Daytona Street Capital LLC bought a new position in Post during the fourth quarter valued at approximately $1,989,000. Natixis Advisors LLC grew its position in Post by 12.8% during the third quarter. Natixis Advisors LLC now owns 177,039 shares of the company’s stock valued at $19,028,000 after acquiring an additional 20,099 shares during the last quarter. LSV Asset Management bought a new position in Post during the third quarter valued at approximately $1,951,000. WINTON GROUP Ltd bought a new position in Post during the third quarter valued at approximately $5,686,000. Finally, Victory Capital Management Inc. grew its position in Post by 11.6% during the third quarter. Victory Capital Management Inc. now owns 310,946 shares of the company’s stock valued at $33,420,000 after acquiring an additional 32,404 shares during the last quarter. 94.85% of the stock is currently owned by institutional investors.
Post Stock Performance
NYSE:POST opened at $90.64 on Monday. The stock has a market cap of $4.11 billion, a P/E ratio of 15.26 and a beta of 0.38. The firm’s fifty day simple moving average is $99.43 and its 200 day simple moving average is $100.86. Post Holdings, Inc. has a twelve month low of $86.85 and a twelve month high of $117.28. The company has a quick ratio of 1.03, a current ratio of 1.85 and a debt-to-equity ratio of 2.38.
Analysts Set New Price Targets
A number of research analysts have commented on the stock. BTIG Research assumed coverage on shares of Post in a research report on Monday, April 13th. They set a “neutral” rating on the stock. Wells Fargo & Company cut their target price on shares of Post from $120.00 to $110.00 and set an “equal weight” rating on the stock in a report on Wednesday, April 8th. Zacks Research upgraded shares of Post from a “strong sell” rating to a “hold” rating in a report on Monday, February 9th. Barclays cut their target price on shares of Post from $127.00 to $119.00 and set an “overweight” rating on the stock in a report on Tuesday, April 14th. Finally, JPMorgan Chase & Co. cut their target price on shares of Post from $133.00 to $119.00 and set an “overweight” rating on the stock in a report on Monday, April 20th. Five investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $124.50.
Read Our Latest Analysis on Post
Post News Roundup
Here are the key news stories impacting Post this week:
- Positive Sentiment: Post Holdings reported quarterly EPS of $1.94, topping the $1.73 consensus estimate, and revenue rose 4.7% year over year, indicating the business is still growing. Post stock price and earnings data
- Neutral Sentiment: The company’s revenue of $2.04 billion missed Wall Street’s $2.08 billion forecast, which tempers the otherwise strong earnings headline. Post stock price and earnings data
- Neutral Sentiment: POST is trading well below its 50-day and 200-day moving averages, suggesting the stock is still working through a broader valuation reset despite the earnings beat. Post stock price and performance data
Insider Buying and Selling
In other Post news, Director Gregory L. Curl sold 6,186 shares of the firm’s stock in a transaction on Wednesday, May 13th. The stock was sold at an average price of $105.05, for a total transaction of $649,839.30. Following the completion of the transaction, the director owned 15,107 shares of the company’s stock, valued at approximately $1,586,990.35. This trade represents a 29.05% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Corporate insiders own 14.05% of the company’s stock.
Post Profile
Post Holdings, Inc is a consumer packaged goods company that operates as a holding company for a diverse portfolio of food and beverage brands. The company’s principal activities include the production, marketing and distribution of ready-to-eat cereal, refrigerated and frozen foods, and nutritional beverages. Through its operating segments—Post Consumer Brands, Foodservice, Refrigerated Side Dishes & Bakery, and Active Nutrition—Post Holdings delivers a broad array of products to retail grocers, convenience stores, foodservice operators and e-commerce channels.
The Post Consumer Brands segment features a variety of hot and cold cereals under names such as Honey Bunches of Oats, Shredded Wheat and Pebbles.
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