Post Holdings, Inc. (NYSE:POST) Stock Position Trimmed by National Bank of Canada FI

National Bank of Canada FI trimmed its position in shares of Post Holdings, Inc. (NYSE:POST) by 3.3% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 65,888 shares of the company’s stock after selling 2,237 shares during the period. National Bank of Canada FI owned 0.11% of Post worth $7,542,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Janus Henderson Group PLC grew its holdings in Post by 8.4% in the 3rd quarter. Janus Henderson Group PLC now owns 23,619 shares of the company’s stock worth $2,733,000 after buying an additional 1,827 shares in the last quarter. Integrated Wealth Concepts LLC increased its holdings in shares of Post by 11.6% during the third quarter. Integrated Wealth Concepts LLC now owns 2,831 shares of the company’s stock valued at $328,000 after purchasing an additional 295 shares during the period. Quarry LP raised its stake in shares of Post by 244.9% during the third quarter. Quarry LP now owns 338 shares of the company’s stock valued at $39,000 after purchasing an additional 240 shares in the last quarter. Stifel Financial Corp grew its position in Post by 0.8% in the 3rd quarter. Stifel Financial Corp now owns 48,808 shares of the company’s stock valued at $5,650,000 after buying an additional 377 shares in the last quarter. Finally, Zacks Investment Management increased its stake in Post by 1.9% during the 3rd quarter. Zacks Investment Management now owns 16,491 shares of the company’s stock valued at $1,909,000 after buying an additional 307 shares during the period. Institutional investors own 94.85% of the company’s stock.

Insider Activity at Post

In other Post news, CAO Diedre J. Gray sold 15,157 shares of the business’s stock in a transaction 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 sale, the chief accounting officer now directly owns 19,325 shares of the company’s stock, valued at $2,237,835. The trade was a 43.96 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Bradly A. Harper sold 2,000 shares of the firm’s stock in a transaction on Tuesday, March 4th. The stock was sold at an average price of $114.59, for a total value of $229,180.00. Following the completion of the sale, the senior vice president now directly owns 8,741 shares of the company’s stock, valued at approximately $1,001,631.19. This trade represents a 18.62 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 36,096 shares of company stock worth $4,129,355 in the last quarter. 11.40% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

POST has been the subject of several recent analyst reports. Piper Sandler increased their price objective on shares of Post from $120.00 to $140.00 and gave the company an “overweight” rating in a report on Monday, February 10th. Wells Fargo & Company increased their price target on Post from $122.00 to $124.00 and gave the company an “equal weight” rating in a research note on Wednesday. One investment analyst has rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $127.50.

Post Stock Down 0.5 %

NYSE POST opened at $117.51 on Friday. The company has a market capitalization of $6.64 billion, a P/E ratio of 19.36 and a beta of 0.65. Post Holdings, Inc. has a 12 month low of $99.62 and a 12 month high of $125.84. The company has a debt-to-equity ratio of 1.78, a current ratio of 2.39 and a quick ratio of 1.64. The company’s 50 day simple moving average is $112.28 and its 200 day simple moving average is $112.79.

Post (NYSE:POST) last announced its quarterly earnings data on Thursday, February 6th. The company reported $1.73 EPS for the quarter, beating analysts’ consensus estimates of $1.49 by $0.24. Post had a return on equity of 10.48% and a net margin of 4.94%. Equities research analysts expect that Post Holdings, Inc. will post 6.41 earnings per share 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.