Charles Schwab Investment Management Inc. reduced its position in shares of Post Holdings, Inc. (NYSE:POST – Free Report) by 0.1% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 320,256 shares of the company’s stock after selling 329 shares during the quarter. Charles Schwab Investment Management Inc. owned about 0.57% of Post worth $37,265,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors also recently bought and sold shares of the company. Vanguard Group Inc. increased its holdings in shares of Post by 5.4% in the 1st quarter. Vanguard Group Inc. now owns 5,418,085 shares of the company’s stock valued at $630,448,000 after acquiring an additional 277,786 shares during the period. Point72 Asset Management L.P. raised its position in shares of Post by 53.4% in the 4th quarter. Point72 Asset Management L.P. now owns 1,045,306 shares of the company’s stock worth $119,646,000 after acquiring an additional 364,006 shares in the last quarter. The Manufacturers Life Insurance Company raised its position in shares of Post by 403.1% in the 4th quarter. The Manufacturers Life Insurance Company now owns 986,975 shares of the company’s stock worth $112,969,000 after acquiring an additional 790,782 shares in the last quarter. Northern Trust Corp raised its position in shares of Post by 28.9% in the 4th quarter. Northern Trust Corp now owns 447,046 shares of the company’s stock worth $51,169,000 after acquiring an additional 100,263 shares in the last quarter. Finally, TD Asset Management Inc raised its position in shares of Post by 23.2% in the 1st quarter. TD Asset Management Inc now owns 425,944 shares of the company’s stock worth $49,563,000 after acquiring an additional 80,139 shares in the last quarter. 94.85% of the stock is currently owned by hedge funds and other institutional investors.
Post Trading Down 0.6%
Shares of NYSE:POST opened at $107.86 on Tuesday. The business’s 50-day moving average is $108.28 and its 200 day moving average is $110.94. Post Holdings, Inc. has a 1 year low of $101.05 and a 1 year high of $125.84. The firm has a market capitalization of $5.86 billion, a P/E ratio of 18.34 and a beta of 0.49. The company has a debt-to-equity ratio of 1.83, a current ratio of 2.60 and a quick ratio of 1.84.
Analyst Upgrades and Downgrades
Several research analysts have recently commented on POST shares. Mizuho reduced their price target on Post from $133.00 to $127.00 and set an “outperform” rating for the company in a research report on Wednesday, May 28th. Wall Street Zen raised Post from a “hold” rating to a “buy” rating in a research report on Saturday, August 9th. Wells Fargo & Company reduced their price target on Post from $120.00 to $117.00 and set an “equal weight” rating for the company in a research report on Wednesday, July 9th. Piper Sandler boosted their price target on Post from $140.00 to $150.00 and gave the stock an “overweight” rating in a research report on Wednesday, June 11th. Finally, Evercore ISI boosted their price target on Post from $130.00 to $131.00 and gave the stock an “outperform” rating in a research report on Wednesday, June 4th. One research analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat.com, Post presently has a consensus rating of “Moderate Buy” and a consensus target price of $131.25.
Get Our Latest Stock Analysis on Post
Insider Activity
In other Post news, CEO Nicolas Catoggio sold 1,750 shares of the business’s stock in a transaction dated Thursday, June 5th. The stock was sold at an average price of $108.97, for a total transaction of $190,697.50. Following the sale, the chief executive officer owned 43,751 shares in the company, valued at approximately $4,767,546.47. The trade was a 3.85% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director William P. Stiritz purchased 186,740 shares of the company’s stock in a transaction on Thursday, June 5th. The shares were purchased at an average price of $109.11 per share, for a total transaction of $20,375,201.40. Following the purchase, the director owned 4,298,667 shares in the company, valued at approximately $469,027,556.37. The trade was a 4.54% increase in their position. The disclosure for this purchase can be found here. Corporate insiders own 11.40% of the company’s stock.
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.
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