Inspire Investing LLC Has $344,000 Holdings in Post Holdings, Inc. $POST

Inspire Investing LLC lessened its stake in Post Holdings, Inc. (NYSE:POST) by 15.5% during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,956 shares of the company’s stock after selling 541 shares during the quarter. Inspire Investing LLC’s holdings in Post were worth $344,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of POST. Brooklyn Investment Group lifted its holdings in shares of Post by 232.1% in the first quarter. Brooklyn Investment Group now owns 279 shares of the company’s stock valued at $32,000 after purchasing an additional 195 shares in the last quarter. MassMutual Private Wealth & Trust FSB lifted its holdings in shares of Post by 68.4% in the first quarter. MassMutual Private Wealth & Trust FSB now owns 352 shares of the company’s stock valued at $41,000 after purchasing an additional 143 shares in the last quarter. Millstone Evans Group LLC lifted its holdings in shares of Post by 167.2% in the first quarter. Millstone Evans Group LLC now owns 358 shares of the company’s stock valued at $42,000 after purchasing an additional 224 shares in the last quarter. Bessemer Group Inc. lifted its holdings in shares of Post by 200.0% in the first quarter. Bessemer Group Inc. now owns 477 shares of the company’s stock valued at $56,000 after purchasing an additional 318 shares in the last quarter. Finally, Parallel Advisors LLC lifted its holdings in shares of Post by 112.8% in the first quarter. Parallel Advisors LLC now owns 717 shares of the company’s stock valued at $83,000 after purchasing an additional 380 shares in the last quarter. Institutional investors own 94.85% of the company’s stock.

Wall Street Analysts Forecast Growth

POST has been the topic of a number of recent research reports. Piper Sandler raised their target price on Post from $140.00 to $150.00 and gave the company an “overweight” rating in a report on Wednesday, June 11th. Evercore ISI lifted their price target on Post from $130.00 to $131.00 and gave the stock an “outperform” rating in a report on Wednesday, June 4th. Mizuho dropped their price target on Post from $133.00 to $127.00 and set an “outperform” rating on the stock in a report on Wednesday, May 28th. JPMorgan Chase & Co. lifted their price target on Post from $122.00 to $131.00 and gave the stock an “overweight” rating in a report on Tuesday, August 26th. Finally, Wells Fargo & Company dropped their price target on Post from $120.00 to $117.00 and set an “equal weight” rating on the stock in a report on Wednesday, July 9th. Four investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $131.20.

Insider Buying and Selling at Post

In related news, Director William P. Stiritz purchased 36,000 shares of Post stock in a transaction dated Tuesday, August 19th. The stock was bought at an average cost of $109.53 per share, for a total transaction of $3,943,080.00. Following the completion of the transaction, the director owned 4,334,667 shares in the company, valued at $474,776,076.51. This trade represents a 0.84% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 11.40% of the company’s stock.

Post Stock Performance

Shares of POST opened at $103.09 on Wednesday. The firm has a market cap of $5.60 billion, a PE ratio of 17.53 and a beta of 0.51. Post Holdings, Inc. has a 1 year low of $101.05 and a 1 year 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. The stock’s fifty day moving average price is $107.68 and its two-hundred day moving average price is $110.64.

Post (NYSE:POST) last announced its quarterly earnings results 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 during the quarter, compared to analysts’ expectations of $1.95 billion. Post had a return on equity of 10.80% and a net margin of 4.62%.The firm’s quarterly revenue was up 1.9% compared to the same quarter last year. During the same period in the previous year, the business earned $1.54 earnings per share. On average, equities research analysts forecast that Post Holdings, Inc. will post 6.41 EPS for the current year.

Post declared that its Board of Directors has authorized a stock buyback plan on Friday, August 29th that authorizes the company to repurchase $0.00 in shares. This repurchase authorization authorizes the company to repurchase shares of its stock through open market purchases. Stock repurchase plans are typically an indication that the company’s board believes its shares are undervalued.

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.