ProShare Advisors LLC Has $254,000 Stake in Post Holdings, Inc. (NYSE:POST)

ProShare Advisors LLC raised its position in shares of Post Holdings, Inc. (NYSE:POST) by 7.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,215 shares of the company’s stock after buying an additional 152 shares during the period. ProShare Advisors LLC’s holdings in Post were worth $254,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of POST. Parkside Financial Bank & Trust grew its stake in shares of Post by 6.5% during the fourth quarter. Parkside Financial Bank & Trust now owns 1,699 shares of the company’s stock valued at $194,000 after purchasing an additional 103 shares during the last quarter. CIBC Asset Management Inc bought a new stake in shares of Post during the fourth quarter valued at approximately $206,000. Blue Trust Inc. grew its stake in shares of Post by 68.1% during the fourth quarter. Blue Trust Inc. now owns 1,815 shares of the company’s stock valued at $210,000 after purchasing an additional 735 shares during the last quarter. Trust Point Inc. bought a new stake in shares of Post during the fourth quarter valued at approximately $208,000. Finally, HighPoint Advisor Group LLC bought a new stake in shares of Post during the fourth quarter valued at approximately $202,000. Institutional investors and hedge funds own 94.85% of the company’s stock.

Insider Activity

In other news, CEO Nicolas Catoggio sold 5,000 shares of Post stock in a transaction on Monday, March 3rd. The shares were sold at an average price of $114.50, for a total value of $572,500.00. Following the completion of the sale, the chief executive officer now owns 50,501 shares in the company, valued at $5,782,364.50. The trade was a 9.01% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, SVP Bradly A. Harper sold 2,000 shares of Post stock in a transaction on Tuesday, March 4th. The shares were sold at an average price of $114.59, for a total transaction of $229,180.00. Following the completion of the sale, the senior vice president now owns 8,741 shares of the company’s stock, valued at $1,001,631.19. This represents a 18.62% decrease in their position. The disclosure for this sale can be found here. 11.40% of the stock is currently owned by company insiders.

Post Price Performance

Shares of POST stock opened at $110.57 on Friday. The firm’s 50 day moving average price is $112.89 and its two-hundred day moving average price is $112.62. The company has a debt-to-equity ratio of 1.78, a quick ratio of 1.64 and a current ratio of 2.39. The stock has a market cap of $6.16 billion, a PE ratio of 18.22 and a beta of 0.50. Post Holdings, Inc. has a 52-week low of $99.70 and a 52-week high of $125.84.

Post (NYSE:POST) last posted its earnings results on Thursday, May 8th. The company reported $1.41 earnings per share for the quarter, topping the consensus estimate of $1.18 by $0.23. Post had a net margin of 4.94% and a return on equity of 10.48%. The company had revenue of $1.95 billion for the quarter, compared to analyst estimates of $1.98 billion. During the same period last year, the business posted $1.51 earnings per share. The business’s revenue for the quarter was down 2.3% compared to the same quarter last year. As a group, analysts forecast that Post Holdings, Inc. will post 6.41 EPS for the current year.

Analyst Ratings Changes

POST has been the topic of several research analyst reports. Wells Fargo & Company decreased their price target on shares of Post from $124.00 to $120.00 and set an “equal weight” rating on the stock in a research note on Monday, May 12th. Mizuho reduced their price objective on shares of Post from $133.00 to $127.00 and set an “outperform” rating on the stock in a research note on Wednesday. Finally, Piper Sandler raised their price objective on shares of Post from $120.00 to $140.00 and gave the company an “overweight” rating in a research note on Monday, February 10th. One investment analyst has rated the stock with a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $128.00.

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.