Atria Wealth Solutions Inc. Invests $226,000 in Post Holdings, Inc. (NYSE:POST)

Atria Wealth Solutions Inc. acquired a new position in shares of Post Holdings, Inc. (NYSE:POST) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 2,561 shares of the company’s stock, valued at approximately $226,000.

Several other hedge funds and other institutional investors have also made changes to their positions in POST. Clarkston Capital Partners LLC boosted its position in shares of Post by 12.8% during the third quarter. Clarkston Capital Partners LLC now owns 3,396,881 shares of the company’s stock worth $291,249,000 after buying an additional 385,640 shares during the period. Wellington Management Group LLP boosted its position in shares of Post by 14.7% during the third quarter. Wellington Management Group LLP now owns 1,634,146 shares of the company’s stock worth $140,112,000 after buying an additional 209,111 shares during the period. Epoch Investment Partners Inc. acquired a new position in shares of Post during the third quarter worth approximately $8,694,000. Diamond Hill Capital Management Inc. boosted its position in shares of Post by 6.4% during the third quarter. Diamond Hill Capital Management Inc. now owns 1,641,756 shares of the company’s stock worth $140,764,000 after buying an additional 99,115 shares during the period. Finally, UBS Group AG boosted its position in shares of Post by 195.5% during the third quarter. UBS Group AG now owns 103,979 shares of the company’s stock worth $8,915,000 after buying an additional 68,790 shares during the period. 94.85% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Post

In other Post news, CEO Nicolas Catoggio sold 1,500 shares of the business’s stock in a transaction on Tuesday, May 7th. The shares were sold at an average price of $105.62, for a total transaction of $158,430.00. Following the sale, the chief executive officer now directly owns 73,492 shares of the company’s stock, valued at approximately $7,762,225.04. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. In other Post news, CEO Nicolas Catoggio sold 1,500 shares of the business’s stock in a transaction on Tuesday, May 7th. The shares were sold at an average price of $105.62, for a total transaction of $158,430.00. Following the sale, the chief executive officer now directly owns 73,492 shares of the company’s stock, valued at approximately $7,762,225.04. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CAO Diedre J. Gray sold 7,297 shares of the business’s stock in a transaction on Monday, February 12th. The shares were sold at an average price of $104.51, for a total transaction of $762,609.47. Following the sale, the chief accounting officer now directly owns 51,073 shares in the company, valued at $5,337,639.23. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 9,097 shares of company stock valued at $952,272. Corporate insiders own 10.70% of the company’s stock.

Post Price Performance

NYSE POST opened at $105.70 on Friday. The stock has a market capitalization of $6.40 billion, a P/E ratio of 20.25 and a beta of 0.65. Post Holdings, Inc. has a 1 year low of $78.85 and a 1 year high of $108.17. The business’s fifty day moving average is $104.15 and its two-hundred day moving average is $95.80. The company has a debt-to-equity ratio of 1.61, a quick ratio of 1.20 and a current ratio of 2.16.

Post (NYSE:POST) last posted its quarterly earnings results on Thursday, May 2nd. The company reported $1.51 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.29 by $0.22. The company had revenue of $2 billion for the quarter, compared to analysts’ expectations of $2.03 billion. Post had a return on equity of 10.93% and a net margin of 4.38%. The firm’s revenue was up 23.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.10 earnings per share. On average, research analysts forecast that Post Holdings, Inc. will post 5.52 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of research firms have weighed in on POST. Barclays upped their target price on Post from $115.00 to $120.00 and gave the stock an “overweight” rating in a research report on Tuesday. Mizuho upped their target price on Post from $110.00 to $128.00 and gave the stock a “buy” rating in a research report on Monday, February 5th. Evercore ISI upped their target price on Post from $118.00 to $122.00 and gave the stock an “outperform” rating in a research report on Monday. Finally, Stifel Nicolaus upped their target price on Post from $115.00 to $120.00 and gave the stock a “buy” rating in a research report on Monday. Two research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $113.67.

Post 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.