Charles Schwab Investment Management Inc. Trims Stake in Post Holdings, Inc. $POST

Charles Schwab Investment Management Inc. reduced its position in shares of Post Holdings, Inc. (NYSE:POSTFree 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.

Post (NYSE:POSTGet Free Report) last announced its earnings results on Thursday, August 7th. The company reported $2.03 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.67 by $0.36. Post had a return on equity of 10.80% and a net margin of 4.62%. The company had revenue of $1.98 billion for the quarter, compared to analyst estimates of $1.95 billion. During the same period in the prior year, the company posted $1.54 EPS. The firm’s quarterly revenue was up 1.9% compared to the same quarter last year. On average, research analysts predict that Post Holdings, Inc. will post 6.41 earnings per share for the current fiscal year.

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

(Free Report)

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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Institutional Ownership by Quarter for Post (NYSE:POST)

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