Post Holdings, Inc. (NYSE:POST) CAO Diedre J. Gray Sells 15,157 Shares

Post Holdings, Inc. (NYSE:POST) CAO Diedre J. Gray sold 15,157 shares of the company’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 value of $1,755,180.60. Following the transaction, 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Post Stock Up 0.4 %

Shares of NYSE:POST opened at $115.38 on Wednesday. Post Holdings, Inc. has a 52-week low of $99.62 and a 52-week high of $125.84. The firm has a market capitalization of $6.52 billion, a P/E ratio of 19.01 and a beta of 0.65. The stock has a 50 day moving average price of $110.44 and a 200-day moving average price of $113.01. 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 posted its quarterly 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%. As a group, equities research analysts anticipate that Post Holdings, Inc. will post 6.41 EPS for the current fiscal year.

Institutional Trading of Post

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Norges Bank purchased a new stake in Post during the 4th quarter valued at $108,991,000. The Manufacturers Life Insurance Company boosted its stake in Post by 403.1% during the 4th quarter. The Manufacturers Life Insurance Company now owns 986,975 shares of the company’s stock valued at $112,969,000 after purchasing an additional 790,782 shares during the last quarter. Hennessy Advisors Inc. purchased a new stake in Post during the 4th quarter valued at $56,864,000. Point72 Asset Management L.P. boosted its stake in Post by 53.4% during the 4th quarter. Point72 Asset Management L.P. now owns 1,045,306 shares of the company’s stock valued at $119,646,000 after purchasing an additional 364,006 shares during the last quarter. Finally, Raymond James Financial Inc. purchased a new stake in Post during the 4th quarter valued at $36,751,000. Hedge funds and other institutional investors own 94.85% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have commented on the company. Evercore ISI upped their price target on Post from $123.00 to $126.00 and gave the company an “outperform” rating in a research report on Monday, November 18th. Wells Fargo & Company increased their target price on Post from $116.00 to $122.00 and gave the stock an “equal weight” rating in a research report on Monday, February 10th. Finally, Piper Sandler increased their target price on Post from $120.00 to $140.00 and gave the stock an “overweight” rating in a research report on Monday, February 10th. One research analyst has rated the stock with a hold rating and five have issued a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $127.17.

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.