Post Holdings, Inc. (NYSE:POST) Shares Bought by Global Retirement Partners LLC

Global Retirement Partners LLC lifted its position in shares of Post Holdings, Inc. (NYSE:POST) by 35.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,387 shares of the company’s stock after acquiring an additional 881 shares during the quarter. Global Retirement Partners LLC’s holdings in Post were worth $388,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Hennessy Advisors Inc. acquired a new position in Post during the 4th quarter worth approximately $56,864,000. Holocene Advisors LP boosted its stake in shares of Post by 21.0% in the third quarter. Holocene Advisors LP now owns 1,405,298 shares of the company’s stock valued at $162,663,000 after buying an additional 244,221 shares in the last quarter. Braun Stacey Associates Inc. acquired a new position in Post during the third quarter worth $23,089,000. The Manufacturers Life Insurance Company raised its position in Post by 352.0% in the third quarter. The Manufacturers Life Insurance Company now owns 196,193 shares of the company’s stock worth $22,709,000 after acquiring an additional 152,791 shares in the last quarter. Finally, Adams Diversified Equity Fund Inc. acquired a new stake in Post in the third quarter valued at $14,480,000. 94.85% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, Director David W. Kemper sold 8,939 shares of the business’s stock in a transaction that occurred on 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 owns 29,722 shares of the company’s stock, valued at $3,291,711.50. The trade was a 23.12 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, SVP Bradly A. Harper sold 1,000 shares of the firm’s stock in a transaction that occurred on Thursday, December 5th. The stock was sold at an average price of $120.09, for a total transaction of $120,090.00. Following the sale, the senior vice president now owns 11,220 shares in the company, valued at approximately $1,347,409.80. This trade represents a 8.18 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 44,908 shares of company stock worth $5,312,045 over the last three months. 11.40% of the stock is currently owned by corporate insiders.

Post Stock Performance

Shares of POST opened at $115.68 on Monday. The company has a 50-day moving average of $110.47 and a two-hundred day moving average of $112.99. The stock has a market cap of $6.53 billion, a P/E ratio of 19.06 and a beta of 0.65. Post Holdings, Inc. has a 12-month low of $99.62 and a 12-month high of $125.84. The company has a current ratio of 2.39, a quick ratio of 1.64 and a debt-to-equity ratio of 1.78.

Post (NYSE:POST) last issued its quarterly earnings data on Thursday, February 6th. The company reported $1.73 earnings per share (EPS) 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, research analysts predict that Post Holdings, Inc. will post 6.41 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

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