AlphaQuest LLC Buys 11,098 Shares of Post Holdings, Inc. (NYSE:POST)

AlphaQuest LLC boosted its holdings in shares of Post Holdings, Inc. (NYSE:POST) by 1,109,800.0% during the fourth quarter, HoldingsChannel reports. The fund owned 11,099 shares of the company’s stock after purchasing an additional 11,098 shares during the quarter. AlphaQuest LLC’s holdings in Post were worth $1,270,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in POST. Hennessy Advisors Inc. bought a new stake in Post during the 4th quarter worth approximately $56,864,000. Raymond James Financial Inc. bought a new stake in Post during the 4th quarter worth approximately $36,751,000. Holocene Advisors LP grew its holdings in Post by 21.0% during the 3rd quarter. Holocene Advisors LP now owns 1,405,298 shares of the company’s stock worth $162,663,000 after acquiring an additional 244,221 shares during the last quarter. Braun Stacey Associates Inc. bought a new stake in Post during the 3rd quarter worth approximately $23,089,000. Finally, The Manufacturers Life Insurance Company grew its holdings in Post by 352.0% during the 3rd 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 during the last quarter. 94.85% of the stock is owned by institutional investors.

Post Stock Up 2.4 %

Shares of NYSE POST opened at $117.10 on Monday. The company has a market capitalization of $6.61 billion, a P/E ratio of 19.29 and a beta of 0.65. Post Holdings, Inc. has a 52-week low of $99.62 and a 52-week high of $125.84. The company has a debt-to-equity ratio of 1.78, a quick ratio of 1.64 and a current ratio of 2.39. The company’s 50 day moving average price is $110.33 and its 200-day moving average price is $113.03.

Post (NYSE:POST) last released 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 net margin of 4.94% and a return on equity of 10.48%. Equities analysts forecast that Post Holdings, Inc. will post 6.41 earnings per share for the current year.

Insider Activity at Post

In other Post news, CEO Nicolas Catoggio sold 5,000 shares of the company’s stock in a transaction 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 in the company, valued at approximately $6,465,866.50. This represents a 8.26 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CAO Diedre J. Gray sold 15,157 shares of the company’s stock in a transaction on Friday, February 21st. The stock was sold at an average price of $115.80, for a total transaction of $1,755,180.60. Following the transaction, the chief accounting officer now owns 19,325 shares in the company, valued at approximately $2,237,835. The trade was 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 in the last quarter. Company insiders own 11.40% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on POST shares. Wells Fargo & Company boosted their target price on shares of Post from $116.00 to $122.00 and gave the stock an “equal weight” rating in a report on Monday, February 10th. Evercore ISI boosted their price target on shares of Post from $123.00 to $126.00 and gave the stock an “outperform” rating in a research report on Monday, November 18th. Finally, Piper Sandler boosted their price target 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. One analyst has rated the stock with a hold rating and five have issued a buy rating to the company. According to data from MarketBeat.com, the stock 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.