Russell Investments Group Ltd. Has $1.49 Million Stake in Post Holdings, Inc. $POST

Russell Investments Group Ltd. decreased its holdings in shares of Post Holdings, Inc. (NYSE:POST) by 33.9% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 12,795 shares of the company’s stock after selling 6,552 shares during the quarter. Russell Investments Group Ltd.’s holdings in Post were worth $1,489,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. MassMutual Private Wealth & Trust FSB boosted its holdings in Post by 68.4% during the first quarter. MassMutual Private Wealth & Trust FSB now owns 352 shares of the company’s stock worth $41,000 after purchasing an additional 143 shares during the last quarter. Millstone Evans Group LLC boosted its holdings in Post by 167.2% during the first quarter. Millstone Evans Group LLC now owns 358 shares of the company’s stock worth $42,000 after purchasing an additional 224 shares during the last quarter. True Wealth Design LLC boosted its holdings in Post by 281.2% during the fourth quarter. True Wealth Design LLC now owns 385 shares of the company’s stock worth $44,000 after purchasing an additional 284 shares during the last quarter. Bessemer Group Inc. boosted its holdings in Post by 200.0% during the first quarter. Bessemer Group Inc. now owns 477 shares of the company’s stock worth $56,000 after purchasing an additional 318 shares during the last quarter. Finally, Parallel Advisors LLC boosted its holdings in Post by 112.8% during the first quarter. Parallel Advisors LLC now owns 717 shares of the company’s stock worth $83,000 after purchasing an additional 380 shares during the last quarter. Institutional investors and hedge funds own 94.85% of the company’s stock.

Insider Activity

In related news, Director William P. Stiritz acquired 186,740 shares of the company’s stock in a transaction dated Thursday, June 5th. The shares were bought at an average cost of $109.11 per share, with a total value of $20,375,201.40. Following the completion of the transaction, the director directly owned 4,298,667 shares of the company’s stock, valued at $469,027,556.37. This trade represents a 4.54% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Nicolas Catoggio sold 1,750 shares of the stock in a transaction dated Thursday, June 5th. The shares were sold at an average price of $108.97, for a total transaction of $190,697.50. Following the completion of the transaction, the chief executive officer directly owned 43,751 shares in the company, valued at $4,767,546.47. The trade was a 3.85% decrease in their ownership of the stock. The disclosure for this sale can be found here. 11.40% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

Several research firms have issued reports on POST. Piper Sandler upped their price target on shares of Post from $140.00 to $150.00 and gave the stock an “overweight” rating in a research report on Wednesday, June 11th. Evercore ISI upped their price target on shares of Post from $130.00 to $131.00 and gave the stock an “outperform” rating in a research report on Wednesday, June 4th. Wall Street Zen raised shares of Post from a “hold” rating to a “buy” rating in a research report on Saturday, August 9th. Mizuho dropped their price target on shares of Post from $133.00 to $127.00 and set an “outperform” rating on the stock in a research report on Wednesday, May 28th. Finally, JPMorgan Chase & Co. upped their price target on shares of Post from $122.00 to $131.00 and gave the stock an “overweight” rating in a research report on Tuesday. Four investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $131.20.

Post Price Performance

Shares of POST opened at $113.40 on Thursday. The firm has a market capitalization of $6.16 billion, a PE ratio of 19.29 and a beta of 0.49. The company’s 50-day moving average is $108.20 and its 200-day moving average is $111.14. Post Holdings, Inc. has a fifty-two week low of $101.05 and a fifty-two week high of $125.84. 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:POST) last issued its quarterly earnings data on Thursday, August 7th. The company reported $2.03 earnings per share for the quarter, beating the consensus estimate of $1.67 by $0.36. The company had revenue of $1.98 billion for the quarter, compared to analyst estimates of $1.95 billion. Post had a net margin of 4.62% and a return on equity of 10.80%. The company’s revenue was up 1.9% on a year-over-year basis. During the same period in the prior year, the firm earned $1.54 earnings per share. Equities analysts forecast that Post Holdings, Inc. will post 6.41 EPS for the current year.

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.