Plancorp LLC Sells 146 Shares of Post Holdings, Inc. (NYSE:POST)

Plancorp LLC decreased its stake in shares of Post Holdings, Inc. (NYSE:POST) by 0.5% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 30,981 shares of the company’s stock after selling 146 shares during the quarter. Plancorp LLC’s holdings in Post were worth $3,546,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of POST. Fortitude Family Office LLC boosted its holdings in shares of Post by 426.0% during the 4th quarter. Fortitude Family Office LLC now owns 263 shares of the company’s stock worth $30,000 after buying an additional 213 shares during the period. Quarry LP boosted its holdings in shares of Post by 244.9% during the 3rd quarter. Quarry LP now owns 338 shares of the company’s stock worth $39,000 after buying an additional 240 shares during the period. Sound Income Strategies LLC bought a new stake in shares of Post during the 4th quarter worth about $54,000. Eagle Bay Advisors LLC acquired a new stake in Post in the 4th quarter worth about $75,000. Finally, Versant Capital Management Inc raised its stake in Post by 71.3% in the 4th quarter. Versant Capital Management Inc now owns 930 shares of the company’s stock worth $106,000 after purchasing an additional 387 shares in the last quarter. Institutional investors own 94.85% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have weighed in on POST. Wells Fargo & Company lifted their price objective on shares of Post from $116.00 to $122.00 and gave the stock an “equal weight” rating in a research note on Monday, February 10th. Piper Sandler lifted their price objective on shares of Post from $120.00 to $140.00 and gave the stock an “overweight” rating in a research note on Monday, February 10th. One analyst has rated the stock with a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $127.17.

Insider Activity

In related news, Director David W. Kemper sold 8,939 shares of the company’s stock in a transaction that occurred on Tuesday, February 11th. The shares were sold at an average price of $110.75, for a total transaction of $989,994.25. Following the completion of the transaction, the director now directly owns 29,722 shares in the company, valued at $3,291,711.50. This represents a 23.12 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, 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 transaction of $1,755,180.60. Following the transaction, the chief accounting officer now owns 19,325 shares of the company’s stock, valued at approximately $2,237,835. This represents a 43.96 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 36,096 shares of company stock worth $4,129,355. 11.40% of the stock is currently owned by corporate insiders.

Post Price Performance

Shares of NYSE:POST opened at $111.44 on Friday. The firm has a 50 day moving average of $110.71 and a 200-day moving average of $112.86. The stock has a market capitalization of $6.29 billion, a PE ratio of 18.36 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 12 month low of $99.62 and a 12 month high of $125.84.

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

Post 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.