Natixis Advisors LLC Grows Stake in Post Holdings, Inc. (NYSE:POST)

Natixis Advisors LLC increased its stake in shares of Post Holdings, Inc. (NYSE:POST) by 4.6% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 148,272 shares of the company’s stock after buying an additional 6,505 shares during the quarter. Natixis Advisors LLC’s holdings in Post were worth $16,971,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently made changes to their positions in the stock. Holocene Advisors LP grew its holdings in shares of Post by 21.0% during the third 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 during the last quarter. Hennessy Advisors Inc. purchased a new stake in shares of Post during the fourth quarter valued at $56,864,000. Raymond James Financial Inc. purchased a new stake in shares of Post during the fourth quarter valued at $36,751,000. Charles Schwab Investment Management Inc. grew its holdings in shares of Post by 0.3% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 320,585 shares of the company’s stock valued at $36,694,000 after buying an additional 964 shares during the last quarter. Finally, Victory Capital Management Inc. grew its holdings in shares of Post by 4.8% during the fourth quarter. Victory Capital Management Inc. now owns 237,279 shares of the company’s stock valued at $27,159,000 after buying an additional 10,767 shares during the last quarter. 94.85% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Post news, CAO Diedre J. Gray sold 15,157 shares of the company’s stock in a transaction dated Friday, February 21st. The shares were sold at an average price of $115.80, for a total value of $1,755,180.60. Following the completion of the transaction, the chief accounting officer now owns 19,325 shares in the company, valued at approximately $2,237,835. This represents a 43.96 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director David W. Kemper sold 8,939 shares of the company’s stock in a transaction dated Tuesday, February 11th. The stock was sold at an average price of $110.75, for a total transaction of $989,994.25. Following the transaction, the director now owns 29,722 shares of the company’s stock, valued at approximately $3,291,711.50. This trade represents a 23.12 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 36,096 shares of company stock worth $4,129,355. Company insiders own 11.40% of the company’s stock.

Post Trading Down 1.5 %

NYSE POST opened at $112.21 on Wednesday. The company has a market capitalization of $6.34 billion, a PE ratio of 18.49 and a beta of 0.65. The company has a fifty day moving average of $110.41 and a 200 day moving average of $112.90. 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.

Post (NYSE:POST) last issued its quarterly earnings data on Thursday, February 6th. The company reported $1.73 earnings per share for the quarter, topping analysts’ consensus estimates of $1.49 by $0.24. Post had a net margin of 4.94% and a return on equity of 10.48%. Research analysts forecast that Post Holdings, Inc. will post 6.41 earnings per share for the current year.

Analyst Ratings Changes

A number of brokerages have recently weighed in on POST. Wells Fargo & Company boosted their price objective on shares of Post from $116.00 to $122.00 and gave the company an “equal weight” rating in a report on Monday, February 10th. Piper Sandler boosted their target price on shares of Post from $120.00 to $140.00 and gave the company an “overweight” rating in a research report on Monday, February 10th. One equities research analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $127.17.

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.