Post Holdings, Inc. (NYSE:POST) Shares Sold by Securian Asset Management Inc.

Securian Asset Management Inc. cut its stake in shares of Post Holdings, Inc. (NYSE:POST) by 2.7% in the 4th quarter, Holdings Channel reports. The institutional investor owned 3,579 shares of the company’s stock after selling 101 shares during the quarter. Securian Asset Management Inc.’s holdings in Post were worth $410,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. Holocene Advisors LP boosted its holdings in 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 acquiring an additional 244,221 shares during the last quarter. Hennessy Advisors Inc. acquired a new position in shares of Post in the 4th quarter valued at about $56,864,000. Raymond James Financial Inc. acquired a new position in shares of Post in the 4th quarter valued at about $36,751,000. Charles Schwab Investment Management Inc. grew its holdings in shares of Post by 0.3% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 320,585 shares of the company’s stock worth $36,694,000 after purchasing an additional 964 shares during the period. Finally, Victory Capital Management Inc. increased its position in Post by 4.8% during the 4th quarter. Victory Capital Management Inc. now owns 237,279 shares of the company’s stock worth $27,159,000 after purchasing an additional 10,767 shares in the last quarter. 94.85% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Post

In other news, Director David W. Kemper sold 8,939 shares of the company’s stock in a transaction dated Tuesday, February 11th. The shares were sold at an average price of $110.75, for a total value of $989,994.25. Following the sale, the director now owns 29,722 shares in the company, valued at approximately $3,291,711.50. This represents a 23.12 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Nicolas Catoggio sold 5,000 shares of Post stock in a transaction dated Tuesday, February 25th. The stock was sold at an average price of $116.50, for a total value of $582,500.00. Following the completion of 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 ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 36,096 shares of company stock valued at $4,129,355 in the last three months. Corporate insiders own 11.40% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on POST shares. Evercore ISI boosted their price objective 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 upped their price target on shares of 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 raised their price objective on Post from $120.00 to $140.00 and gave the company 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.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $127.17.

Post Stock Performance

Post stock opened at $113.98 on Tuesday. Post Holdings, Inc. has a 12-month low of $99.62 and a 12-month high of $125.84. The company has a debt-to-equity ratio of 1.78, a current ratio of 2.39 and a quick ratio of 1.64. The company has a market capitalization of $6.44 billion, a price-to-earnings ratio of 18.78 and a beta of 0.65. The firm’s fifty day moving average price is $110.34 and its 200 day moving average price is $112.93.

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

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.