Post Holdings, Inc. (NYSE:POST – Get Free Report) CEO Nicolas Catoggio sold 5,000 shares of the business’s stock in a transaction that occurred on Tuesday, February 25th. The shares were sold at an average price of $116.50, for a total value of $582,500.00. Following the transaction, the chief executive officer now owns 55,501 shares of the company’s stock, valued at approximately $6,465,866.50. This trade represents a 8.26 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.
Nicolas Catoggio also recently made the following trade(s):
- On Monday, December 2nd, Nicolas Catoggio sold 6,000 shares of Post stock. The shares were sold at an average price of $121.14, for a total value of $726,840.00.
Post Stock Down 2.0 %
Shares of NYSE:POST opened at $113.09 on Thursday. The firm has a market capitalization of $6.39 billion, a PE ratio of 18.63 and a beta of 0.65. The business has a 50 day simple moving average of $110.43 and a two-hundred day simple moving average of $113.03. Post Holdings, Inc. has a 1 year low of $99.62 and a 1 year high of $125.84. The company has a debt-to-equity ratio of 1.78, a current ratio of 2.39 and a quick ratio of 1.64.
Institutional Investors Weigh In On Post
Several hedge funds have recently made changes to their positions in POST. Vanguard Group Inc. raised its stake in shares of Post by 0.3% during the 4th quarter. Vanguard Group Inc. now owns 5,140,299 shares of the company’s stock worth $588,359,000 after acquiring an additional 13,272 shares in the last quarter. Dimensional Fund Advisors LP grew its stake in Post by 2.3% during the 4th quarter. Dimensional Fund Advisors LP now owns 3,201,394 shares of the company’s stock worth $366,428,000 after buying an additional 70,850 shares during the last quarter. Holocene Advisors LP increased its position in Post by 21.0% during the 3rd quarter. Holocene Advisors LP now owns 1,405,298 shares of the company’s stock valued at $162,663,000 after buying an additional 244,221 shares in the last quarter. Point72 Asset Management L.P. raised its stake in Post by 53.4% in the fourth quarter. Point72 Asset Management L.P. now owns 1,045,306 shares of the company’s stock valued at $119,646,000 after buying an additional 364,006 shares during the last quarter. Finally, The Manufacturers Life Insurance Company boosted its holdings in Post by 403.1% in the fourth 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. 94.85% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
A number of brokerages recently weighed in on POST. Evercore ISI upped their target price on shares of Post from $123.00 to $126.00 and gave the stock an “outperform” rating in a research report on Monday, November 18th. Piper Sandler increased their price objective on shares of Post from $120.00 to $140.00 and gave the company an “overweight” rating in a report on Monday, February 10th. Finally, Wells Fargo & Company lifted their target price on Post from $116.00 to $122.00 and gave the stock an “equal weight” rating in a report on Monday, February 10th. One equities research analyst has rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to data from MarketBeat.com, Post currently has an average rating of “Moderate Buy” and an average price target of $127.17.
Get Our Latest Analysis on POST
About Post
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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