Nicolas Catoggio Sells 1,750 Shares of Post Holdings, Inc. (NYSE:POST) Stock

Post Holdings, Inc. (NYSE:POST) CEO Nicolas Catoggio sold 1,750 shares of the company’s stock in a transaction on Thursday, June 5th. The shares were sold at an average price of $108.97, for a total transaction of $190,697.50. Following the completion of the transaction, the chief executive officer now owns 43,751 shares of the company’s stock, valued at $4,767,546.47. This represents a 3.85% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

Post Price Performance

Shares of POST opened at $111.00 on Wednesday. Post Holdings, Inc. has a fifty-two week low of $99.70 and a fifty-two week high of $125.84. The company has a market capitalization of $6.18 billion, a price-to-earnings ratio of 18.29 and a beta of 0.49. The firm has a 50-day simple moving average of $112.03 and a 200-day simple moving average of $112.60. 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 (NYSE:POST) last announced its earnings results on Thursday, May 8th. The company reported $1.41 earnings per share for the quarter, topping the consensus estimate of $1.18 by $0.23. Post had a net margin of 4.94% and a return on equity of 10.48%. The business had revenue of $1.95 billion during the quarter, compared to the consensus estimate of $1.98 billion. During the same quarter in the prior year, the firm earned $1.51 earnings per share. The business’s quarterly revenue was down 2.3% compared to the same quarter last year. On average, equities research analysts anticipate that Post Holdings, Inc. will post 6.41 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on the stock. Mizuho decreased their price objective on shares of Post from $133.00 to $127.00 and set an “outperform” rating for the company in a research note on Wednesday, May 28th. Wells Fargo & Company decreased their target price on shares of Post from $124.00 to $120.00 and set an “equal weight” rating for the company in a research note on Monday, May 12th. Finally, Evercore ISI increased their target price on shares of Post from $130.00 to $131.00 and gave the stock an “outperform” rating in a research note on Wednesday, June 4th. One equities research analyst has rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $128.83.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in POST. Brooklyn Investment Group raised its holdings in Post by 232.1% during the first quarter. Brooklyn Investment Group now owns 279 shares of the company’s stock worth $32,000 after purchasing an additional 195 shares in the last quarter. MassMutual Private Wealth & Trust FSB raised its holdings in Post by 68.4% during the first quarter. MassMutual Private Wealth & Trust FSB now owns 352 shares of the company’s stock worth $41,000 after purchasing an additional 143 shares in the last quarter. Millstone Evans Group LLC raised its holdings in Post by 167.2% during the first quarter. Millstone Evans Group LLC now owns 358 shares of the company’s stock worth $42,000 after purchasing an additional 224 shares in the last quarter. True Wealth Design LLC raised its holdings in Post by 281.2% during the fourth quarter. True Wealth Design LLC now owns 385 shares of the company’s stock worth $44,000 after purchasing an additional 284 shares in the last quarter. Finally, Bessemer Group Inc. raised its holdings in Post by 200.0% during the first quarter. Bessemer Group Inc. now owns 477 shares of the company’s stock worth $56,000 after purchasing an additional 318 shares in the last quarter. 94.85% of the stock is owned by hedge funds and other institutional investors.

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.