Natixis Advisors LLC trimmed its position in Post Holdings, Inc. (NYSE:POST – Free Report) by 5.7% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 166,860 shares of the company’s stock after selling 10,179 shares during the period. Natixis Advisors LLC owned 0.35% of Post worth $16,528,000 at the end of the most recent reporting period.
Several other large investors have also recently bought and sold shares of the company. Norges Bank bought a new position in Post in the 4th quarter valued at $113,660,000. Baker Avenue Asset Management LP bought a new position in Post in the 4th quarter valued at $287,000. Geode Capital Management LLC boosted its holdings in Post by 1.0% in the 4th quarter. Geode Capital Management LLC now owns 880,993 shares of the company’s stock valued at $87,282,000 after purchasing an additional 8,906 shares during the period. Harbour Investments Inc. boosted its holdings in Post by 1,764.5% in the 4th quarter. Harbour Investments Inc. now owns 1,734 shares of the company’s stock valued at $172,000 after purchasing an additional 1,641 shares during the period. Finally, Fisher Asset Management LLC boosted its holdings in Post by 104.0% in the 4th quarter. Fisher Asset Management LLC now owns 242,101 shares of the company’s stock valued at $23,980,000 after purchasing an additional 123,423 shares during the period. 94.85% of the stock is owned by institutional investors.
Wall Street Analyst Weigh In
POST has been the topic of several research reports. JPMorgan Chase & Co. lowered their price objective on shares of Post from $133.00 to $119.00 and set an “overweight” rating on the stock in a research report on Monday, April 20th. Barclays lowered their price objective on shares of Post from $127.00 to $119.00 and set an “overweight” rating on the stock in a research report on Tuesday, April 14th. BTIG Research initiated coverage on shares of Post in a research report on Monday, April 13th. They set a “neutral” rating on the stock. Wells Fargo & Company lowered their price objective on shares of Post from $120.00 to $110.00 and set an “equal weight” rating on the stock in a research report on Wednesday, April 8th. Finally, Zacks Research upgraded shares of Post from a “strong sell” rating to a “hold” rating in a research report on Monday, February 9th. Five research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $124.50.
Trending Headlines about Post
Here are the key news stories impacting Post this week:
- Positive Sentiment: Post Holdings reported quarterly EPS of $1.94, topping the $1.73 consensus estimate, and revenue rose 4.7% year over year, indicating the business is still growing. Post stock price and earnings data
- Neutral Sentiment: The company’s revenue of $2.04 billion missed Wall Street’s $2.08 billion forecast, which tempers the otherwise strong earnings headline. Post stock price and earnings data
- Neutral Sentiment: POST is trading well below its 50-day and 200-day moving averages, suggesting the stock is still working through a broader valuation reset despite the earnings beat. Post stock price and performance data
Insider Buying and Selling
In related news, Director Gregory L. Curl sold 6,186 shares of Post stock in a transaction on Wednesday, May 13th. The shares were sold at an average price of $105.05, for a total value of $649,839.30. Following the transaction, the director owned 15,107 shares in the company, valued at $1,586,990.35. This trade represents a 29.05% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 14.05% of the stock is currently owned by insiders.
Post Price Performance
Shares of NYSE:POST opened at $90.64 on Friday. The stock has a market cap of $4.11 billion, a PE ratio of 15.26 and a beta of 0.38. The company’s fifty day moving average is $99.43 and its 200 day moving average is $100.89. Post Holdings, Inc. has a 52 week low of $86.85 and a 52 week high of $117.28. The company has a quick ratio of 1.03, a current ratio of 1.85 and a debt-to-equity ratio of 2.38.
Post (NYSE:POST – Get Free Report) last issued its earnings results on Thursday, May 7th. The company reported $1.94 EPS for the quarter, topping analysts’ consensus estimates of $1.73 by $0.21. The company had revenue of $2.04 billion for the quarter, compared to analysts’ expectations of $2.08 billion. Post had a net margin of 4.01% and a return on equity of 13.36%. The firm’s revenue was up 4.7% compared to the same quarter last year. During the same quarter last year, the company earned $1.41 EPS. Research analysts anticipate that Post Holdings, Inc. will post 7.58 earnings per share for the current year.
About Post
Post Holdings, Inc is a consumer packaged goods company that operates as a holding company for a diverse portfolio of food and beverage brands. The company’s principal activities include the production, marketing and distribution of ready-to-eat cereal, refrigerated and frozen foods, and nutritional beverages. Through its operating segments—Post Consumer Brands, Foodservice, Refrigerated Side Dishes & Bakery, and Active Nutrition—Post Holdings delivers a broad array of products to retail grocers, convenience stores, foodservice operators and e-commerce channels.
The Post Consumer Brands segment features a variety of hot and cold cereals under names such as Honey Bunches of Oats, Shredded Wheat and Pebbles.
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