Post Holdings, Inc. (NYSE:POST) Short Interest Update

Post Holdings, Inc. (NYSE:POST) was the target of a large decrease in short interest in December. As of December 31st, there was short interest totalling 1,990,000 shares, a decrease of 14.6% from the December 15th total of 2,330,000 shares. Currently, 4.3% of the company’s stock are short sold. Based on an average trading volume of 567,700 shares, the days-to-cover ratio is currently 3.5 days.

Analyst Ratings Changes

Several equities analysts recently issued reports on POST shares. Wells Fargo & Company lowered their price objective on Post from $120.00 to $116.00 and set an “equal weight” rating on the stock in a research report on Tuesday, November 19th. Piper Sandler lowered their price target on Post from $140.00 to $120.00 and set an “overweight” rating on the stock in a report on Thursday. Finally, Evercore ISI increased their price target on Post from $123.00 to $126.00 and gave the company an “outperform” rating in a report on Monday, November 18th. One equities research analyst has rated the stock with a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $123.57.

Post Trading Up 0.7 %

NYSE:POST opened at $107.67 on Friday. The company has a debt-to-equity ratio of 1.66, a current ratio of 2.36 and a quick ratio of 1.56. The firm has a market capitalization of $6.26 billion, a price-to-earnings ratio of 19.09 and a beta of 0.66. Post has a one year low of $91.09 and a one year high of $125.84. The business has a fifty day moving average price of $113.64 and a 200-day moving average price of $112.71.

Insider Activity at Post

In related news, SVP Bradly A. Harper sold 1,000 shares of the company’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 value of $120,090.00. Following the transaction, the senior vice president now directly owns 11,220 shares of the company’s stock, valued at approximately $1,347,409.80. This represents a 8.18 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, COO Jeff A. Zadoks sold 28,969 shares of the company’s stock in a transaction that occurred on Wednesday, November 27th. The shares were sold at an average price of $119.96, for a total value of $3,475,121.24. Following the completion of the transaction, the chief operating officer now directly owns 67,788 shares in the company, valued at $8,131,848.48. This trade represents a 29.94 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 35,969 shares of company stock valued at $4,322,051. 11.40% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Post

Several hedge funds and other institutional investors have recently modified their holdings of POST. V Square Quantitative Management LLC purchased a new stake in shares of Post in the 3rd quarter worth $27,000. Fortitude Family Office LLC increased its stake in Post by 426.0% in the 4th quarter. Fortitude Family Office LLC now owns 263 shares of the company’s stock worth $30,000 after buying an additional 213 shares in the last quarter. Ashton Thomas Securities LLC purchased a new stake in Post in the 3rd quarter worth $33,000. Quarry LP increased its stake in Post by 244.9% in the 3rd quarter. Quarry LP now owns 338 shares of the company’s stock worth $39,000 after buying an additional 240 shares in the last quarter. Finally, Point72 Asia Singapore Pte. Ltd. purchased a new stake in Post in the 2nd quarter worth $62,000. 94.85% of the stock is currently owned by hedge funds and other institutional investors.

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.