Atlas Capital Advisors Inc. reduced its holdings in Post Holdings, Inc. (NYSE:POST – Free Report) by 5.9% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 2,388 shares of the company’s stock after selling 151 shares during the quarter. Atlas Capital Advisors Inc.’s holdings in Post were worth $273,000 as of its most recent filing with the SEC.
Other large investors also recently modified their holdings of the company. ExodusPoint Capital Management LP bought a new position in Post in the fourth quarter worth about $3,430,000. Trexquant Investment LP acquired a new stake in shares of Post during the 4th quarter worth approximately $1,318,000. HighPoint Advisor Group LLC bought a new stake in shares of Post in the 4th quarter worth approximately $202,000. B. Metzler seel. Sohn & Co. AG acquired a new position in Post during the 4th quarter valued at approximately $1,268,000. Finally, CIBC Private Wealth Group LLC grew its stake in Post by 38.5% during the 4th quarter. CIBC Private Wealth Group LLC now owns 26,721 shares of the company’s stock worth $2,874,000 after buying an additional 7,423 shares during the last quarter. 94.85% of the stock is currently owned by institutional investors.
Wall Street Analysts Forecast Growth
POST has been the topic of a number of recent research reports. Piper Sandler raised their target price on 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 lifted their price objective on shares of Post from $122.00 to $124.00 and gave the company an “equal weight” rating in a research report on Wednesday. One equities research analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $127.50.
Insider Buying and Selling
In related news, Director David W. Kemper sold 8,939 shares of Post stock in a transaction dated Tuesday, February 11th. The stock was sold at an average price of $110.75, for a total transaction of $989,994.25. Following the transaction, the director now directly owns 29,722 shares of the company’s stock, valued at $3,291,711.50. The trade was a 23.12 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Nicolas Catoggio sold 5,000 shares of the company’s stock in a transaction dated Monday, March 3rd. The shares were sold at an average price of $114.50, for a total transaction of $572,500.00. Following the completion of the sale, the chief executive officer now directly owns 50,501 shares of the company’s stock, valued at $5,782,364.50. The trade was a 9.01 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 36,096 shares of company stock valued at $4,129,355 over the last quarter. Corporate insiders own 11.40% of the company’s stock.
Post Trading Down 0.5 %
Shares of POST stock opened at $117.51 on Friday. The firm has a market capitalization of $6.64 billion, a PE ratio of 19.36 and a beta of 0.65. The company has a debt-to-equity ratio of 1.78, a quick ratio of 1.64 and a current ratio of 2.39. Post Holdings, Inc. has a 1 year low of $99.62 and a 1 year high of $125.84. The stock has a fifty day moving average of $112.28 and a two-hundred day moving average of $112.80.
Post (NYSE:POST – Get Free Report) last released 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%. As a group, research analysts expect that Post Holdings, Inc. will post 6.41 EPS for the current 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.
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