Quantinno Capital Management LP lifted its position in Post Holdings, Inc. (NYSE:POST – Free Report) by 8.9% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 75,358 shares of the company’s stock after purchasing an additional 6,161 shares during the period. Quantinno Capital Management LP owned about 0.13% of Post worth $8,625,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Truist Financial Corp boosted its holdings in Post by 4.2% in the fourth quarter. Truist Financial Corp now owns 2,781 shares of the company’s stock valued at $318,000 after acquiring an additional 113 shares in the last quarter. SG Americas Securities LLC boosted its holdings in Post by 1,195.2% in the fourth quarter. SG Americas Securities LLC now owns 20,620 shares of the company’s stock valued at $2,360,000 after acquiring an additional 19,028 shares in the last quarter. Arkadios Wealth Advisors purchased a new position in Post during the fourth quarter valued at $340,000. Charles Schwab Investment Management Inc. lifted its position in Post by 0.3% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 320,585 shares of the company’s stock valued at $36,694,000 after buying an additional 964 shares during the period. Finally, Carnegie Investment Counsel lifted its position in Post by 9.1% during the fourth quarter. Carnegie Investment Counsel now owns 88,199 shares of the company’s stock valued at $10,095,000 after buying an additional 7,344 shares during the period. Institutional investors own 94.85% of the company’s stock.
Insider Transactions at Post
In other news, SVP Bradly A. Harper sold 2,000 shares of Post stock in a transaction dated Tuesday, March 4th. The stock was sold at an average price of $114.59, for a total value of $229,180.00. Following the completion of the transaction, the senior vice president now owns 8,741 shares of the company’s stock, valued at $1,001,631.19. The trade was a 18.62% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CAO Diedre J. Gray sold 15,157 shares of Post stock in a transaction dated Friday, February 21st. The stock was sold at an average price of $115.80, for a total value of $1,755,180.60. Following the completion of the transaction, the chief accounting officer now directly owns 19,325 shares of the company’s stock, valued at approximately $2,237,835. This represents a 43.96% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 27,157 shares of company stock valued at $3,139,361 in the last quarter. 11.40% of the stock is owned by insiders.
Post Stock Performance
Post (NYSE:POST – Get Free Report) last posted its quarterly earnings results on Thursday, May 8th. The company reported $1.41 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.18 by $0.23. The firm had revenue of $1.95 billion during the quarter, compared to analyst estimates of $1.98 billion. Post had a return on equity of 10.48% and a net margin of 4.94%. Post’s quarterly revenue was down 2.3% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.51 EPS. On average, equities analysts forecast that Post Holdings, Inc. will post 6.41 earnings per share for the current fiscal year.
Analyst Ratings Changes
POST has been the subject of several recent research reports. Wells Fargo & Company lowered their price objective on Post from $124.00 to $120.00 and set an “equal weight” rating for the company in a research report on Monday. 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 four have given a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $128.20.
Check Out Our Latest Report on Post
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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