Aristides Capital LLC Has $347,000 Holdings in Post Holdings, Inc. (NYSE:POST)

Aristides Capital LLC increased its holdings in Post Holdings, Inc. (NYSE:POST) by 59.9% in the fourth quarter, Holdings Channel reports. The institutional investor owned 3,031 shares of the company’s stock after buying an additional 1,136 shares during the period. Aristides Capital LLC’s holdings in Post were worth $347,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Fortitude Family Office LLC lifted its stake in Post by 426.0% in the 4th quarter. Fortitude Family Office LLC now owns 263 shares of the company’s stock valued at $30,000 after purchasing an additional 213 shares during the last quarter. Quarry LP grew its position in shares of Post by 244.9% in the 3rd quarter. Quarry LP now owns 338 shares of the company’s stock valued at $39,000 after buying an additional 240 shares during the last quarter. Sound Income Strategies LLC bought a new stake in Post in the fourth quarter valued at approximately $54,000. Eagle Bay Advisors LLC bought a new stake in shares of Post in the 4th quarter valued at $75,000. Finally, Versant Capital Management Inc grew its holdings in Post by 71.3% during the 4th quarter. Versant Capital Management Inc now owns 930 shares of the company’s stock worth $106,000 after acquiring an additional 387 shares during the period. 94.85% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several analysts have recently commented on the stock. Piper Sandler raised their price objective on shares of Post from $120.00 to $140.00 and gave the stock an “overweight” rating in a research report on Monday, February 10th. Wells Fargo & Company increased their target price on shares of Post from $122.00 to $124.00 and gave the stock an “equal weight” rating in a research note on Wednesday. One analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. According to MarketBeat, Post has an average rating of “Moderate Buy” and a consensus target price of $127.50.

Post Price Performance

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

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

Insider Activity

In other Post news, CEO Nicolas Catoggio sold 5,000 shares of Post stock in a transaction that occurred on Tuesday, February 25th. The shares were sold at an average price of $116.50, for a total transaction of $582,500.00. Following the transaction, the chief executive officer now owns 55,501 shares of the company’s stock, valued at $6,465,866.50. This trade represents a 8.26 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CAO Diedre J. Gray sold 15,157 shares of the business’s stock in a transaction on Friday, February 21st. The stock was sold at an average price of $115.80, for a total value of $1,755,180.60. Following the completion of the transaction, the chief accounting officer now directly owns 19,325 shares in the company, valued at approximately $2,237,835. This represents a 43.96 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 36,096 shares of company stock worth $4,129,355 over the last 90 days. 11.40% of the stock is currently owned by corporate insiders.

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.