Post Holdings, Inc. (NYSE:POST) CEO Nicolas Catoggio Sells 1,750 Shares

Post Holdings, Inc. (NYSE:POST) CEO Nicolas Catoggio sold 1,750 shares of Post stock in a transaction that occurred on Thursday, June 5th. The shares were sold at an average price of $108.97, for a total value of $190,697.50. Following the sale, the chief executive officer now directly owns 43,751 shares in the company, valued at $4,767,546.47. The trade was a 3.85% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link.

Post Price Performance

Shares of NYSE:POST traded up $0.69 during midday trading on Monday, reaching $110.06. The company’s stock had a trading volume of 333,498 shares, compared to its average volume of 551,233. The business’s fifty day simple moving average is $112.29 and its 200-day simple moving average is $112.65. The company has a debt-to-equity ratio of 1.78, a current ratio of 2.39 and a quick ratio of 1.64. Post Holdings, Inc. has a fifty-two week low of $99.70 and a fifty-two week high of $125.84. The company has a market capitalization of $6.13 billion, a P/E ratio of 18.13 and a beta of 0.49.

Post (NYSE:POST) last posted its quarterly earnings data 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. Post had a return on equity of 10.48% and a net margin of 4.94%. The firm had revenue of $1.95 billion for the quarter, compared to the consensus estimate of $1.98 billion. During the same quarter in the prior year, the business earned $1.51 EPS. The business’s revenue for the quarter was down 2.3% compared to the same quarter last year. As a group, equities research analysts expect that Post Holdings, Inc. will post 6.41 EPS for the current fiscal year.

Hedge Funds Weigh In On Post

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in POST. Truist Financial Corp lifted its holdings in Post by 4.2% during the fourth quarter. Truist Financial Corp now owns 2,781 shares of the company’s stock worth $318,000 after acquiring an additional 113 shares in the last quarter. Charles Schwab Investment Management Inc. increased its holdings in shares of Post by 0.3% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 320,585 shares of the company’s stock worth $36,694,000 after acquiring an additional 964 shares in the last quarter. ProShare Advisors LLC raised its position in shares of Post by 7.4% during the fourth quarter. ProShare Advisors LLC now owns 2,215 shares of the company’s stock worth $254,000 after purchasing an additional 152 shares during the period. Silver Oak Securities Incorporated bought a new position in shares of Post during the 4th quarter valued at about $437,000. Finally, Raymond James Financial Inc. acquired a new position in shares of Post in the 4th quarter valued at approximately $36,751,000. Institutional investors own 94.85% of the company’s stock.

Analysts Set New Price Targets

POST has been the subject of several analyst reports. Evercore ISI raised their target price on Post from $130.00 to $131.00 and gave the stock an “outperform” rating in a research report on Wednesday, June 4th. Piper Sandler lifted their price target on shares of Post from $120.00 to $140.00 and gave the company an “overweight” rating in a report on Monday, February 10th. Mizuho reduced their price target on shares of Post from $133.00 to $127.00 and set an “outperform” rating on the stock in a research report on Wednesday, May 28th. Finally, Wells Fargo & Company dropped their price objective on shares of Post from $124.00 to $120.00 and set an “equal weight” rating for the company in a report on Monday, May 12th. One investment analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat, Post has an average rating of “Moderate Buy” and a consensus price target of $128.83.

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.