Post Holdings, Inc. (NYSE:POST) Shares Sold by Federated Hermes Inc.

Federated Hermes Inc. lowered its holdings in shares of Post Holdings, Inc. (NYSE:POST) by 19.8% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 5,629 shares of the company’s stock after selling 1,393 shares during the period. Federated Hermes Inc.’s holdings in Post were worth $496,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Nordea Investment Management AB purchased a new position in shares of Post during the fourth quarter worth about $4,698,000. Mackenzie Financial Corp purchased a new stake in shares of Post during the fourth quarter worth approximately $1,022,000. Duality Advisers LP purchased a new position in Post during the 3rd quarter worth $416,000. Anderson Hoagland & Co. lifted its position in Post by 15.6% in the fourth quarter. Anderson Hoagland & Co. now owns 38,794 shares of the company’s stock valued at $3,605,000 after purchasing an additional 5,241 shares during the period. Finally, Cerity Partners LLC raised its stake in shares of Post by 114.1% during the 4th quarter. Cerity Partners LLC now owns 15,791 shares of the company’s stock worth $1,391,000 after buying an additional 8,417 shares in the last quarter. 94.85% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Post

In other news, CEO Nicolas Catoggio sold 300 shares of the firm’s stock in a transaction dated Wednesday, March 6th. The stock was sold at an average price of $104.11, for a total value of $31,233.00. Following the transaction, the chief executive officer now directly owns 74,992 shares in the company, valued at approximately $7,807,417.12. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. In other news, CEO Nicolas Catoggio sold 300 shares of the stock in a transaction on Wednesday, March 6th. The shares were sold at an average price of $104.11, for a total value of $31,233.00. Following the completion of the sale, the chief executive officer now owns 74,992 shares of the company’s stock, valued at $7,807,417.12. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Thomas C. Erb bought 1,000 shares of Post stock in a transaction that occurred on Wednesday, February 7th. The shares were acquired at an average price of $104.24 per share, for a total transaction of $104,240.00. Following the acquisition, the director now directly owns 33,475 shares in the company, valued at approximately $3,489,434. The disclosure for this purchase can be found here. 10.70% of the stock is owned by insiders.

Post Trading Down 2.1 %

Shares of POST stock opened at $102.65 on Friday. Post Holdings, Inc. has a 1-year low of $78.85 and a 1-year high of $108.17. The firm’s 50-day simple moving average is $104.04 and its 200-day simple moving average is $95.15. The firm has a market cap of $6.23 billion, a P/E ratio of 22.03 and a beta of 0.65. The company has a debt-to-equity ratio of 1.60, a current ratio of 1.99 and a quick ratio of 1.00.

Post (NYSE:POST) last posted its quarterly earnings results on Thursday, May 2nd. The company reported $1.51 earnings per share for the quarter, topping analysts’ consensus estimates of $1.29 by $0.22. Post had a net margin of 4.03% and a return on equity of 10.51%. The company had revenue of $2 billion for the quarter, compared to the consensus estimate of $2.03 billion. During the same quarter last year, the firm posted $1.10 earnings per share. Post’s revenue was up 23.4% on a year-over-year basis. As a group, equities analysts forecast that Post Holdings, Inc. will post 5.52 EPS for the current year.

Analysts Set New Price Targets

A number of brokerages recently weighed in on POST. Barclays upped their price objective on Post from $105.00 to $115.00 and gave the stock an “overweight” rating in a report on Tuesday, February 6th. Stifel Nicolaus upped their target price on Post from $98.00 to $115.00 and gave the company a “buy” rating in a report on Monday, February 5th. Finally, Mizuho lifted their price target on Post from $110.00 to $128.00 and gave the stock a “buy” rating in a research note on Monday, February 5th. Two equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat, Post has an average rating of “Moderate Buy” and an average price target of $109.67.

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.