Post Holdings, Inc. (NYSE:POST) Shares Sold by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP lessened its stake in Post Holdings, Inc. (NYSE:POST) by 5.2% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 3,035,841 shares of the company’s stock after selling 165,553 shares during the quarter. Dimensional Fund Advisors LP owned about 5.37% of Post worth $353,245,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in POST. The Manufacturers Life Insurance Company boosted its holdings in shares of Post by 403.1% in the 4th quarter. The Manufacturers Life Insurance Company now owns 986,975 shares of the company’s stock valued at $112,969,000 after purchasing an additional 790,782 shares during the last quarter. Point72 Asset Management L.P. lifted its holdings in shares of Post by 53.4% during the 4th quarter. Point72 Asset Management L.P. now owns 1,045,306 shares of the company’s stock valued at $119,646,000 after acquiring an additional 364,006 shares in the last quarter. Nuveen LLC acquired a new position in shares of Post during the 1st quarter valued at $34,528,000. Vanguard Group Inc. lifted its holdings in shares of Post by 5.4% during the 1st quarter. Vanguard Group Inc. now owns 5,418,085 shares of the company’s stock valued at $630,448,000 after acquiring an additional 277,786 shares in the last quarter. Finally, GAMMA Investing LLC lifted its holdings in shares of Post by 10,001.8% during the 1st quarter. GAMMA Investing LLC now owns 176,984 shares of the company’s stock valued at $20,594,000 after acquiring an additional 175,232 shares in the last quarter. Institutional investors and hedge funds own 94.85% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts recently weighed in on POST shares. Mizuho reduced their target price on shares of Post from $133.00 to $127.00 and set an “outperform” rating on the stock in a report on Wednesday, May 28th. Piper Sandler lifted their target price on shares of Post from $140.00 to $150.00 and gave the company an “overweight” rating in a report on Wednesday, June 11th. Evercore ISI lifted their target price on shares of Post from $130.00 to $131.00 and gave the company an “outperform” rating in a report on Wednesday, June 4th. Wells Fargo & Company reduced their target price on shares of Post from $120.00 to $117.00 and set an “equal weight” rating on the stock in a report on Wednesday, July 9th. Finally, Wall Street Zen upgraded shares of Post from a “hold” rating to a “buy” rating in a report on Saturday, August 9th. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat.com, Post currently has a consensus rating of “Moderate Buy” and an average target price of $131.25.

Insider Buying and Selling at Post

In related news, Director William P. Stiritz bought 186,740 shares of the company’s stock in a transaction dated Thursday, June 5th. The stock was bought at an average price of $109.11 per share, with a total value of $20,375,201.40. Following the transaction, the director owned 4,298,667 shares of the company’s stock, valued at approximately $469,027,556.37. This trade represents a 4.54% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Nicolas Catoggio sold 1,750 shares of the business’s stock in a transaction dated Thursday, June 5th. The stock was sold at an average price of $108.97, for a total transaction of $190,697.50. Following the completion of the sale, the chief executive officer directly owned 43,751 shares of the company’s stock, valued at $4,767,546.47. The trade was a 3.85% decrease in their position. The disclosure for this sale can be found here. Insiders own 11.40% of the company’s stock.

Post Stock Performance

Post stock opened at $108.55 on Friday. Post Holdings, Inc. has a 12-month low of $101.05 and a 12-month high of $125.84. The company has a market capitalization of $5.90 billion, a price-to-earnings ratio of 18.46 and a beta of 0.49. The company has a debt-to-equity ratio of 1.83, a current ratio of 2.60 and a quick ratio of 1.84. The firm’s fifty day moving average price is $108.32 and its 200 day moving average price is $110.88.

Post (NYSE:POST) last released its quarterly earnings results on Thursday, August 7th. The company reported $2.03 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.67 by $0.36. Post had a net margin of 4.62% and a return on equity of 10.80%. The firm had revenue of $1.98 billion for the quarter, compared to the consensus estimate of $1.95 billion. During the same quarter in the previous year, the firm posted $1.54 EPS. The firm’s quarterly revenue was up 1.9% on a year-over-year basis. On average, research analysts forecast that Post Holdings, Inc. will post 6.41 EPS for the current fiscal year.

Post Company 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.