EntryPoint Capital LLC bought a new stake in Post Holdings, Inc. (NYSE:POST – Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 2,154 shares of the company’s stock, valued at approximately $247,000.
A number of other large investors have also recently made changes to their positions in POST. Fortitude Family Office LLC lifted its stake in Post by 426.0% in the fourth quarter. Fortitude Family Office LLC now owns 263 shares of the company’s stock valued at $30,000 after buying an additional 213 shares during the last quarter. Quarry LP raised its position in Post by 244.9% in the 3rd quarter. Quarry LP now owns 338 shares of the company’s stock valued at $39,000 after purchasing an additional 240 shares during the last quarter. Sound Income Strategies LLC acquired a new stake in Post during the 4th quarter worth $54,000. Eagle Bay Advisors LLC acquired a new stake in Post during the 4th quarter worth $75,000. Finally, Versant Capital Management Inc increased its stake in Post by 71.3% in the fourth quarter. Versant Capital Management Inc now owns 930 shares of the company’s stock valued at $106,000 after purchasing an additional 387 shares during the period. 94.85% of the stock is owned by institutional investors and hedge funds.
Analyst Ratings Changes
Several equities research analysts have recently weighed in on the stock. Piper Sandler increased their target price on shares of Post from $120.00 to $140.00 and gave the stock an “overweight” rating in a research note on Monday, February 10th. Wells Fargo & Company lifted their target price on Post from $116.00 to $122.00 and gave the company an “equal weight” 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 company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $127.17.
Post Trading Down 0.6 %
Shares of Post stock opened at $115.01 on Friday. 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 cap of $6.50 billion, a price-to-earnings ratio of 18.95 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’s 50-day simple moving average is $111.31 and its 200-day simple moving average is $112.73.
Post (NYSE:POST – Get Free Report) last released its earnings results 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, equities research analysts anticipate that Post Holdings, Inc. will post 6.41 earnings per share for the current year.
Insiders Place Their Bets
In other news, SVP Bradly A. Harper sold 2,000 shares of the company’s stock in a transaction on Tuesday, March 4th. The shares were sold at an average price of $114.59, for a total transaction of $229,180.00. Following the transaction, the senior vice president now directly owns 8,741 shares of the company’s stock, valued at $1,001,631.19. This represents a 18.62 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director David W. Kemper sold 8,939 shares of the firm’s stock in a transaction dated Tuesday, February 11th. The shares were sold at an average price of $110.75, for a total transaction of $989,994.25. Following the completion of the sale, the director now owns 29,722 shares of the company’s stock, valued at $3,291,711.50. This trade represents a 23.12 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 36,096 shares of company stock worth $4,129,355. 11.40% of the stock is 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.
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