New York Life Investment Management LLC Sells 1,152 Shares of Post Holdings, Inc. (NYSE:POST)

New York Life Investment Management LLC lessened its stake in Post Holdings, Inc. (NYSE:POST) by 16.6% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,781 shares of the company’s stock after selling 1,152 shares during the period. New York Life Investment Management LLC’s holdings in Post were worth $509,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of POST. Victory Capital Management Inc. raised its stake in shares of Post by 19.7% during the fourth quarter. Victory Capital Management Inc. now owns 10,653 shares of the company’s stock worth $938,000 after buying an additional 1,750 shares during the last quarter. PYA Waltman Capital LLC raised its position in shares of Post by 5.7% during the 4th quarter. PYA Waltman Capital LLC now owns 149,443 shares of the company’s stock valued at $13,160,000 after acquiring an additional 8,120 shares during the last quarter. Russell Investments Group Ltd. raised its position in shares of Post by 7.5% during the 4th quarter. Russell Investments Group Ltd. now owns 47,427 shares of the company’s stock valued at $4,176,000 after acquiring an additional 3,297 shares during the last quarter. Atria Wealth Solutions Inc. acquired a new position in shares of Post in the 4th quarter valued at $226,000. Finally, GAMMA Investing LLC bought a new position in shares of Post in the 4th quarter worth $25,000. Institutional investors and hedge funds own 94.85% of the company’s stock.

Insider Activity

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

Analysts Set New Price Targets

POST has been the subject of a number of recent analyst reports. Barclays upped their price objective on Post from $115.00 to $120.00 and gave the company an “overweight” rating in a report on Tuesday. Stifel Nicolaus increased their price target on shares of Post from $115.00 to $120.00 and gave the company a “buy” rating in a research report on Monday. Mizuho boosted their price objective on shares of Post from $110.00 to $128.00 and gave the company a “buy” rating in a report on Monday, February 5th. Finally, Evercore ISI increased their target price on shares of Post from $118.00 to $122.00 and gave the stock an “outperform” rating in a report on Monday. Two equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to MarketBeat, Post currently has an average rating of “Moderate Buy” and a consensus target price of $113.67.

Post Stock Down 0.1 %

Post stock opened at $105.70 on Friday. The company has a 50 day moving average of $104.15 and a 200-day moving average of $95.80. The company has a quick ratio of 1.20, a current ratio of 2.16 and a debt-to-equity ratio of 1.61. Post Holdings, Inc. has a twelve month low of $78.85 and a twelve month high of $108.17. The stock has a market capitalization of $6.40 billion, a PE ratio of 20.25 and a beta of 0.65.

Post (NYSE:POST) last released 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 firm had revenue of $2 billion for the quarter, compared to the consensus estimate of $2.03 billion. Post had a return on equity of 10.93% and a net margin of 4.38%. The company’s revenue for the quarter was up 23.4% on a year-over-year basis. During the same quarter last year, the business posted $1.10 EPS. On average, equities research analysts anticipate that Post Holdings, Inc. will post 5.52 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.