Plancorp LLC Sells 146 Shares of Post Holdings, Inc. (NYSE:POST)

Plancorp LLC lowered its stake in shares of Post Holdings, Inc. (NYSE:POST) by 0.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 30,981 shares of the company’s stock after selling 146 shares during the period. Plancorp LLC owned approximately 0.05% of Post worth $3,546,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Holocene Advisors LP boosted its holdings in Post by 21.0% during the third quarter. Holocene Advisors LP now owns 1,405,298 shares of the company’s stock worth $162,663,000 after buying an additional 244,221 shares during the last quarter. Hennessy Advisors Inc. bought a new position in Post during the fourth quarter worth about $56,864,000. Raymond James Financial Inc. bought a new position in Post during the fourth quarter worth about $36,751,000. Charles Schwab Investment Management Inc. lifted its holdings in shares of Post by 0.3% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 320,585 shares of the company’s stock valued at $36,694,000 after purchasing an additional 964 shares in the last quarter. Finally, Victory Capital Management Inc. lifted its holdings in shares of Post by 4.8% during the 4th quarter. Victory Capital Management Inc. now owns 237,279 shares of the company’s stock valued at $27,159,000 after purchasing an additional 10,767 shares in the last quarter. Institutional investors own 94.85% of the company’s stock.

Analysts Set New Price Targets

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

Insider Activity at Post

In other Post news, SVP Bradly A. Harper sold 2,000 shares of the business’s stock in a transaction that occurred on Tuesday, March 4th. The stock was sold at an average price of $114.59, for a total transaction of $229,180.00. Following the transaction, the senior vice president now owns 8,741 shares of the company’s stock, valued at $1,001,631.19. The trade was a 18.62 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director David W. Kemper sold 8,939 shares of the business’s stock in a transaction that occurred on Tuesday, February 11th. The stock was sold at an average price of $110.75, for a total value of $989,994.25. Following 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 position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 36,096 shares of company stock valued at $4,129,355. 11.40% of the stock is owned by insiders.

Post Stock Down 0.4 %

Shares of Post stock opened at $111.44 on Friday. The business’s 50 day simple moving average is $110.71 and its 200 day simple moving average is $112.86. Post Holdings, Inc. has a 52-week low of $99.62 and a 52-week high of $125.84. The firm has a market cap of $6.29 billion, a PE ratio of 18.36 and a beta of 0.65. 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, February 6th. The company reported $1.73 earnings per share (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%. On average, analysts predict that Post Holdings, Inc. will post 6.41 earnings per share for the current fiscal year.

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.