EULAV Asset Management Buys 38,400 Shares of Post Holdings, Inc. (NYSE:POST)

EULAV Asset Management increased its stake in shares of Post Holdings, Inc. (NYSE:POST) by 23.3% during the 4th quarter, HoldingsChannel.com reports. The fund owned 203,000 shares of the company’s stock after acquiring an additional 38,400 shares during the period. EULAV Asset Management’s holdings in Post were worth $23,235,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the stock. V Square Quantitative Management LLC bought a new stake in shares of Post during the 3rd quarter worth approximately $27,000. Fortitude Family Office LLC grew its stake in shares of Post by 426.0% in the fourth quarter. Fortitude Family Office LLC now owns 263 shares of the company’s stock valued at $30,000 after buying an additional 213 shares in the last quarter. Ashton Thomas Securities LLC acquired a new position in Post during the third quarter worth $33,000. Quarry LP raised its position in Post by 244.9% during the third quarter. Quarry LP now owns 338 shares of the company’s stock worth $39,000 after acquiring an additional 240 shares in the last quarter. Finally, Sound Income Strategies LLC acquired a new stake in Post in the fourth quarter valued at $54,000. 94.85% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the stock. Wells Fargo & Company dropped their target price on shares of Post from $120.00 to $116.00 and set an “equal weight” rating on the stock in a report on Tuesday, November 19th. Piper Sandler dropped their price objective on Post from $140.00 to $120.00 and set an “overweight” rating on the stock in a research note on Thursday, January 16th. Finally, Evercore ISI lifted their target price on Post from $123.00 to $126.00 and gave the stock an “outperform” rating in a research note on Monday, November 18th. One analyst has rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to data from MarketBeat.com, Post has a consensus rating of “Moderate Buy” and a consensus price target of $122.83.

Insiders Place Their Bets

In related news, SVP Bradly A. Harper sold 1,000 shares of the company’s stock in a transaction dated Thursday, December 5th. The shares were sold at an average price of $120.09, for a total value of $120,090.00. Following the transaction, the senior vice president now directly owns 11,220 shares in the company, valued at approximately $1,347,409.80. This represents a 8.18 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Nicolas Catoggio sold 6,000 shares of Post stock in a transaction dated Monday, December 2nd. The stock was sold at an average price of $121.14, for a total transaction of $726,840.00. Following the completion of the sale, the chief executive officer now owns 70,501 shares of the company’s stock, valued at $8,540,491.14. This trade represents a 7.84 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 35,969 shares of company stock worth $4,322,051 in the last 90 days. Company insiders own 11.40% of the company’s stock.

Post Stock Up 6.3 %

Post stock opened at $112.57 on Friday. The company’s 50-day moving average price is $111.94 and its two-hundred day moving average price is $112.77. The company has a quick ratio of 1.56, a current ratio of 2.36 and a debt-to-equity ratio of 1.66. The stock has a market cap of $6.55 billion, a P/E ratio of 18.55 and a beta of 0.65. Post Holdings, Inc. has a twelve month low of $99.62 and a twelve month high of $125.84.

Post (NYSE:POST) last announced its earnings results on Thursday, February 6th. The company reported $1.73 earnings per share for the quarter, topping analysts’ consensus estimates of $1.49 by $0.24. Post had a return on equity of 10.40% and a net margin of 4.94%. As a group, analysts expect that Post Holdings, Inc. will post 6.3 EPS for the current year.

About Post

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.