Numerai GP LLC Reduces Stock Holdings in Post Holdings, Inc. (NYSE:POST)

Numerai GP LLC lowered its position in Post Holdings, Inc. (NYSE:POST) by 15.7% in the fourth quarter, HoldingsChannel reports. The firm owned 5,066 shares of the company’s stock after selling 940 shares during the period. Numerai GP LLC’s holdings in Post were worth $580,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of POST. Miracle Mile Advisors LLC purchased a new stake in shares of Post in the fourth quarter valued at about $946,000. Park Avenue Securities LLC boosted its stake in Post by 21.0% during the fourth quarter. Park Avenue Securities LLC now owns 7,449 shares of the company’s stock worth $853,000 after buying an additional 1,291 shares during the period. Carolina Wealth Advisors LLC boosted its stake in Post by 2.7% during the fourth quarter. Carolina Wealth Advisors LLC now owns 6,750 shares of the company’s stock worth $773,000 after buying an additional 177 shares during the period. Carnegie Investment Counsel boosted its stake in Post by 9.1% during the fourth quarter. Carnegie Investment Counsel now owns 88,199 shares of the company’s stock worth $10,095,000 after buying an additional 7,344 shares during the period. Finally, Hennessy Advisors Inc. purchased a new position in Post during the fourth quarter worth about $56,864,000. Hedge funds and other institutional investors own 94.85% of the company’s stock.

Insider Buying and Selling at Post

In other news, CEO Nicolas Catoggio sold 5,000 shares of the firm’s stock in a transaction on Monday, March 3rd. The shares were sold at an average price of $114.50, for a total value of $572,500.00. Following the sale, the chief executive officer now directly owns 50,501 shares in the company, valued at approximately $5,782,364.50. This trade represents a 9.01% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CAO Diedre J. Gray sold 15,157 shares of the firm’s stock in a transaction on Friday, February 21st. The shares were sold at an average price of $115.80, for a total transaction of $1,755,180.60. Following the completion of the sale, the chief accounting officer now owns 19,325 shares in the company, valued at $2,237,835. The trade was a 43.96% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 27,157 shares of company stock valued at $3,139,361 in the last 90 days. Company insiders own 11.40% of the company’s stock.

Analyst Ratings Changes

Several research analysts have weighed in on POST shares. Wells Fargo & Company lowered their target price on shares of Post from $124.00 to $120.00 and set an “equal weight” rating for the company in a research note on Monday. 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. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $128.20.

Post Trading Down 0.5%

NYSE POST opened at $108.19 on Thursday. 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 firm has a market cap of $6.11 billion, a price-to-earnings ratio of 17.82 and a beta of 0.50. The firm has a 50 day simple moving average of $113.79 and a 200-day simple moving average of $112.65. Post Holdings, Inc. has a one year low of $99.70 and a one year high of $125.84.

Post (NYSE:POST) last issued its quarterly earnings results on Thursday, May 8th. The company reported $1.41 EPS for the quarter, beating the consensus estimate of $1.18 by $0.23. Post had a net margin of 4.94% and a return on equity of 10.48%. The company had revenue of $1.95 billion during the quarter, compared to analysts’ expectations of $1.98 billion. During the same quarter last year, the company posted $1.51 EPS. The firm’s revenue was down 2.3% compared to the same quarter last year. Equities research analysts anticipate that Post Holdings, Inc. will post 6.41 EPS for the current fiscal 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.