Post Holdings, Inc. (NYSE:POST) Shares Bought by Parkside Financial Bank & Trust

Parkside Financial Bank & Trust grew its position in Post Holdings, Inc. (NYSE:POST) by 6.5% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,699 shares of the company’s stock after acquiring an additional 103 shares during the period. Parkside Financial Bank & Trust’s holdings in Post were worth $194,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of the company. Holocene Advisors LP raised its position in shares of Post by 21.0% in the third quarter. Holocene Advisors LP now owns 1,405,298 shares of the company’s stock worth $162,663,000 after acquiring an additional 244,221 shares during the period. Hennessy Advisors Inc. acquired a new position in shares of Post in the fourth quarter worth about $56,864,000. Victory Capital Management Inc. raised its position in shares of Post by 1.3% in the third quarter. Victory Capital Management Inc. now owns 226,512 shares of the company’s stock worth $26,219,000 after acquiring an additional 2,879 shares during the period. Braun Stacey Associates Inc. raised its position in shares of Post by 3.6% in the fourth quarter. Braun Stacey Associates Inc. now owns 206,561 shares of the company’s stock worth $23,643,000 after acquiring an additional 7,086 shares during the period. Finally, Iridian Asset Management LLC CT raised its position in shares of Post by 20.3% in the fourth quarter. Iridian Asset Management LLC CT now owns 206,013 shares of the company’s stock worth $23,580,000 after acquiring an additional 34,825 shares during the period. Institutional investors and hedge funds own 94.85% of the company’s stock.

Analyst Upgrades and Downgrades

POST has been the subject of a number of analyst reports. Wells Fargo & Company upped their price objective on shares of Post from $116.00 to $122.00 and gave the stock an “equal weight” rating in a research report on Monday, February 10th. Evercore ISI upped their price target 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. Finally, Piper Sandler raised their price target on shares of Post from $120.00 to $140.00 and gave the company an “overweight” rating in a research note on Monday, February 10th. One analyst has rated the stock with a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $127.17.

Insider Buying and Selling at Post

In other Post news, CEO Nicolas Catoggio sold 6,000 shares of the stock in a transaction dated Monday, December 2nd. The shares were sold at an average price of $121.14, for a total value of $726,840.00. Following the completion of the sale, the chief executive officer now owns 70,501 shares in the company, valued at approximately $8,540,491.14. This represents a 7.84 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CAO Diedre J. Gray sold 15,157 shares of the firm’s stock in a transaction that occurred on Friday, February 21st. The stock was sold at an average price of $115.80, for a total transaction of $1,755,180.60. Following the sale, the chief accounting officer now owns 19,325 shares of the company’s stock, valued at $2,237,835. This represents a 43.96 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 36,096 shares of company stock worth $4,174,605. Insiders own 11.40% of the company’s stock.

Post Trading Up 1.1 %

Shares of Post stock opened at $113.61 on Friday. The firm has a market capitalization of $6.42 billion, a PE ratio of 18.72 and a beta of 0.65. Post Holdings, Inc. has a twelve month low of $99.62 and a twelve month high of $125.84. The firm’s 50-day moving average price is $110.33 and its 200 day moving average price is $113.04. The company has a current ratio of 2.39, a quick ratio of 1.64 and a debt-to-equity ratio of 1.78.

Post (NYSE:POST) last released its quarterly earnings data on Thursday, February 6th. The company reported $1.73 EPS for the quarter, beating 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%. On average, sell-side analysts predict that Post Holdings, Inc. will post 6.41 EPS for the current fiscal year.

Post Company 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.