Post Holdings, Inc. (NYSE:POST) Shares Acquired by Global Retirement Partners LLC

Global Retirement Partners LLC boosted its holdings in Post Holdings, Inc. (NYSE:POST) by 35.2% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 3,387 shares of the company’s stock after acquiring an additional 881 shares during the period. Global Retirement Partners LLC’s holdings in Post were worth $388,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. Fortitude Family Office LLC raised its position in Post by 426.0% in the fourth quarter. Fortitude Family Office LLC now owns 263 shares of the company’s stock valued at $30,000 after purchasing an additional 213 shares during the period. Ashton Thomas Securities LLC purchased a new stake in Post in the 3rd quarter valued at about $33,000. Quarry LP raised its holdings in Post by 244.9% in the 3rd quarter. Quarry LP now owns 338 shares of the company’s stock valued at $39,000 after buying an additional 240 shares during the period. Sound Income Strategies LLC acquired a new position in Post in the fourth quarter valued at about $54,000. Finally, Eagle Bay Advisors LLC purchased a new position in Post during the fourth quarter worth about $75,000. 94.85% of the stock is currently owned by hedge funds and other institutional investors.

Post Stock Up 0.8 %

Post stock opened at $115.68 on Monday. The firm has a market capitalization of $6.53 billion, a P/E ratio of 19.06 and a beta of 0.65. 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 twelve month low of $99.62 and a twelve month high of $125.84. The stock’s fifty day simple moving average is $110.47 and its 200-day simple moving average is $112.99.

Post (NYSE:POST) last issued its quarterly earnings results on Thursday, February 6th. The company reported $1.73 earnings per share for the quarter, topping the consensus estimate of $1.49 by $0.24. Post had a return on equity of 10.48% and a net margin of 4.94%. As a group, equities analysts expect that Post Holdings, Inc. will post 6.41 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Post news, Director David W. Kemper sold 8,939 shares of the stock in a transaction that occurred on Tuesday, February 11th. The shares were 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 of the company’s stock, valued at approximately $3,291,711.50. This represents a 23.12 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, COO Jeff A. Zadoks sold 28,969 shares of Post stock in a transaction on Wednesday, November 27th. The stock was sold at an average price of $119.96, for a total transaction of $3,475,121.24. Following the sale, the chief operating officer now directly owns 67,788 shares of the company’s stock, valued at approximately $8,131,848.48. This trade represents a 29.94 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 44,908 shares of company stock worth $5,312,045. Company insiders own 11.40% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on the stock. Piper Sandler boosted their price target on shares of 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 boosted their target price on Post from $116.00 to $122.00 and gave the company an “equal weight” rating in a research report on Monday, February 10th. Finally, Evercore ISI upped their price target on Post from $123.00 to $126.00 and gave the stock an “outperform” rating in a research note on Monday, November 18th. One investment analyst has rated the stock with a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $127.17.

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.