Nicolas Catoggio Sells 5,000 Shares of Post Holdings, Inc. (NYSE:POST) Stock

Post Holdings, Inc. (NYSE:POST) CEO Nicolas Catoggio sold 5,000 shares of Post stock in a transaction on Monday, March 3rd. The stock was sold at an average price of $114.50, for a total value of $572,500.00. Following the transaction, the chief executive officer now directly owns 50,501 shares of the company’s stock, valued at $5,782,364.50. This trade represents a 9.01 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Nicolas Catoggio also recently made the following trade(s):

• On Tuesday, February 25th, Nicolas Catoggio sold 5,000 shares of Post stock. The shares were sold at an average price of $116.50, for a total transaction of $582,500.00.

Post Stock Up 0.8 %

Shares of NYSE:POST opened at $113.59 on Thursday. The company has a debt-to-equity ratio of 1.78, a quick ratio of 1.64 and a current ratio of 2.39. Post Holdings, Inc. has a 1 year low of $99.62 and a 1 year high of $125.84. The stock has a market capitalization of $6.42 billion, a P/E ratio of 18.71 and a beta of 0.65. The stock has a 50-day simple moving average of $110.28 and a 200-day simple moving average of $113.03.

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

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on POST. 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 note on Monday, February 10th. Evercore ISI boosted their target price on shares of Post from $123.00 to $126.00 and gave the company an “outperform” rating in a research note on Monday, November 18th. Finally, Wells Fargo & Company lifted their price target on Post from $116.00 to $122.00 and gave the company an “equal weight” rating in a report on Monday, February 10th. One research analyst has rated the stock with a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $127.17.

Hedge Funds Weigh In On Post

Institutional investors and hedge funds have recently bought and sold shares of the stock. Retirement Systems of Alabama boosted its holdings in Post by 4.7% in the 3rd quarter. Retirement Systems of Alabama now owns 102,173 shares of the company’s stock worth $11,827,000 after acquiring an additional 4,606 shares during the period. Cerity Partners LLC boosted its holdings in Post by 46.6% in the 3rd quarter. Cerity Partners LLC now owns 30,562 shares of the company’s stock worth $3,538,000 after acquiring an additional 9,711 shares during the period. Miracle Mile Advisors LLC purchased a new position in Post in the 4th quarter worth approximately $946,000. EULAV Asset Management boosted its holdings in Post by 26.0% in the 3rd quarter. EULAV Asset Management now owns 164,600 shares of the company’s stock worth $19,052,000 after acquiring an additional 34,000 shares during the period. Finally, Tidal Investments LLC purchased a new position in Post in the 3rd quarter worth approximately $733,000. Hedge funds and other institutional investors own 94.85% of the company’s stock.

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.