Commerce Bank Cuts Stock Position in Post Holdings, Inc. (NYSE:POST)

Commerce Bank trimmed its stake in shares of Post Holdings, Inc. (NYSE:POST) by 0.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 85,733 shares of the company’s stock after selling 250 shares during the period. Commerce Bank owned 0.15% of Post worth $9,813,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the stock. SkyView Investment Advisors LLC lifted its stake in Post by 2.2% in the 3rd quarter. SkyView Investment Advisors LLC now owns 7,408 shares of the company’s stock valued at $857,000 after buying an additional 157 shares in the last quarter. Sanctuary Advisors LLC lifted its position in shares of Post by 23.1% in the third quarter. Sanctuary Advisors LLC now owns 5,953 shares of the company’s stock valued at $689,000 after acquiring an additional 1,116 shares in the last quarter. Tidal Investments LLC acquired a new stake in shares of Post in the third quarter worth approximately $733,000. Oddo BHF Asset Management Sas purchased a new stake in shares of Post during the third quarter worth approximately $2,048,000. Finally, Retirement Systems of Alabama raised its stake in Post by 4.7% in the 3rd quarter. Retirement Systems of Alabama now owns 102,173 shares of the company’s stock valued at $11,827,000 after purchasing an additional 4,606 shares during the last quarter. Institutional investors and hedge funds own 94.85% of the company’s stock.

Insider Activity

In other news, CAO Diedre J. Gray sold 15,157 shares of the business’s stock in a transaction that occurred on Friday, February 21st. The shares were sold at an average price of $115.80, for a total value of $1,755,180.60. Following the sale, the chief accounting officer now directly owns 19,325 shares of the company’s stock, valued at approximately $2,237,835. The trade was a 43.96 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director David W. Kemper sold 8,939 shares of the stock in a transaction that occurred on Tuesday, February 11th. The stock was sold at an average price of $110.75, for a total transaction of $989,994.25. Following the transaction, the director now directly owns 29,722 shares of the company’s stock, valued at $3,291,711.50. The trade was a 23.12 % decrease in their position. 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 quarter. Insiders own 11.40% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on POST shares. Wells Fargo & Company upped their target price on shares of Post from $122.00 to $124.00 and gave the stock an “equal weight” rating in a report on Wednesday, April 2nd. Piper Sandler upped their price objective on shares of Post from $120.00 to $140.00 and gave the company an “overweight” rating in a research note on Monday, February 10th. One analyst has rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $127.50.

Post Price Performance

Shares of POST stock opened at $115.01 on Friday. 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 $6.50 billion, a PE ratio of 18.95 and a beta of 0.52. The firm’s 50-day moving average is $114.11 and its two-hundred day moving average is $112.81. Post Holdings, Inc. has a 12 month low of $99.70 and a 12 month high of $125.84.

Post (NYSE:POST) last released its quarterly earnings results on Thursday, February 6th. The company reported $1.73 EPS for the quarter, beating the consensus estimate of $1.49 by $0.24. Post had a net margin of 4.94% and a return on equity of 10.48%. Analysts predict that Post Holdings, Inc. will post 6.41 earnings per share for the current year.

Post 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.