AlphaQuest LLC Purchases 11,098 Shares of Post Holdings, Inc. (NYSE:POST)

AlphaQuest LLC lifted its stake in shares of Post Holdings, Inc. (NYSE:POST) by 1,109,800.0% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 11,099 shares of the company’s stock after buying an additional 11,098 shares during the quarter. AlphaQuest LLC’s holdings in Post were worth $1,270,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the stock. Parkside Financial Bank & Trust lifted its stake in shares of Post by 6.5% during the 4th quarter. Parkside Financial Bank & Trust now owns 1,699 shares of the company’s stock worth $194,000 after buying an additional 103 shares during the last quarter. Savant Capital LLC lifted its stake in shares of Post by 3.8% during the 4th quarter. Savant Capital LLC now owns 3,023 shares of the company’s stock worth $346,000 after buying an additional 110 shares during the last quarter. Truist Financial Corp lifted its stake in shares of Post by 4.2% during the 4th quarter. Truist Financial Corp now owns 2,781 shares of the company’s stock worth $318,000 after buying an additional 113 shares during the last quarter. OneDigital Investment Advisors LLC lifted its stake in shares of Post by 1.7% during the 3rd quarter. OneDigital Investment Advisors LLC now owns 9,296 shares of the company’s stock worth $1,076,000 after buying an additional 153 shares during the last quarter. Finally, SkyView Investment Advisors LLC lifted its stake in shares of Post by 2.2% during the 3rd quarter. SkyView Investment Advisors LLC now owns 7,408 shares of the company’s stock worth $857,000 after buying an additional 157 shares during the last quarter. Institutional investors and hedge funds own 94.85% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on POST. Piper Sandler raised their target price 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. 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. Finally, Evercore ISI lifted their price objective on shares of Post from $123.00 to $126.00 and gave the stock an “outperform” rating in a research note on Monday, November 18th. One research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. Based on data from MarketBeat, Post currently has a consensus rating of “Moderate Buy” and an average price target of $127.17.

Post Price Performance

Shares of NYSE:POST opened at $117.10 on Monday. The firm has a 50 day moving average of $110.33 and a 200-day moving average of $113.03. The stock has a market capitalization of $6.61 billion, a PE ratio of 19.29 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.

Insider Activity

In other news, Director David W. Kemper sold 8,939 shares of the business’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 value of $989,994.25. Following the completion of the transaction, the director now directly owns 29,722 shares in the company, valued at approximately $3,291,711.50. The trade was a 23.12 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CAO Diedre J. Gray sold 15,157 shares of the business’s stock in a transaction that occurred on Friday, February 21st. The shares were sold at an average price of $115.80, for a total transaction of $1,755,180.60. Following the completion of the transaction, the chief accounting officer now owns 19,325 shares of the company’s stock, valued at $2,237,835. The trade was 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 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.