Post Holdings, Inc. (NYSE:POST) Shares Sold by Adams Diversified Equity Fund Inc.

Adams Diversified Equity Fund Inc. lessened its stake in shares of Post Holdings, Inc. (NYSE:POST) by 3.4% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 120,900 shares of the company’s stock after selling 4,200 shares during the quarter. Adams Diversified Equity Fund Inc.’s holdings in Post were worth $13,838,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Fortitude Family Office LLC boosted its holdings in shares of Post by 426.0% during the fourth quarter. Fortitude Family Office LLC now owns 263 shares of the company’s stock worth $30,000 after purchasing an additional 213 shares during the last quarter. Quarry LP boosted its holdings in shares of Post by 244.9% during the third quarter. Quarry LP now owns 338 shares of the company’s stock worth $39,000 after purchasing an additional 240 shares during the last quarter. Sound Income Strategies LLC acquired a new stake in shares of Post during the fourth quarter worth $54,000. Eagle Bay Advisors LLC acquired a new stake in shares of Post during the fourth quarter worth $75,000. Finally, Versant Capital Management Inc boosted its holdings in shares of Post by 71.3% during the fourth quarter. Versant Capital Management Inc now owns 930 shares of the company’s stock worth $106,000 after purchasing an additional 387 shares during the last quarter. Institutional investors and hedge funds own 94.85% of the company’s stock.

Insider Buying and Selling at Post

In other Post news, SVP Bradly A. Harper sold 2,000 shares of the firm’s stock in a transaction dated Tuesday, March 4th. The stock was sold at an average price of $114.59, for a total value of $229,180.00. Following the transaction, the senior vice president now directly owns 8,741 shares of the company’s stock, valued at $1,001,631.19. This trade represents a 18.62 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director David W. Kemper sold 8,939 shares of the firm’s stock in a transaction dated 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 $3,291,711.50. This trade represents a 23.12 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 36,096 shares of company stock valued at $4,129,355 over the last three months. 11.40% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

POST has been the topic of several analyst reports. Wells Fargo & Company raised their price objective on Post from $116.00 to $122.00 and gave the stock an “equal weight” rating in a report on Monday, February 10th. Piper Sandler raised their price objective on Post from $120.00 to $140.00 and gave the stock an “overweight” rating in a report on Monday, February 10th. One equities research analyst has rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $127.17.

Post Trading Down 0.5 %

Shares of POST opened at $111.93 on Friday. The company has a current ratio of 2.39, a quick ratio of 1.64 and a debt-to-equity ratio of 1.78. The firm has a market capitalization of $6.32 billion, a P/E ratio of 18.44 and a beta of 0.65. The stock’s fifty day simple moving average is $110.60 and its 200 day simple moving average is $112.89. Post Holdings, Inc. has a twelve month low of $99.62 and a twelve month high of $125.84.

Post (NYSE:POST) last issued its earnings results on Thursday, February 6th. The company reported $1.73 earnings per share for the quarter, topping the consensus estimate of $1.49 by $0.24. Post had a return on equity of 10.48% and a net margin of 4.94%. On average, equities research analysts forecast that Post Holdings, Inc. will post 6.41 earnings per share 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.