5,360 Shares in Post Holdings, Inc. $POST Purchased by Dynamic Technology Lab Private Ltd

Dynamic Technology Lab Private Ltd acquired a new position in shares of Post Holdings, Inc. (NYSE:POST) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 5,360 shares of the company’s stock, valued at approximately $623,000.

Several other hedge funds have also bought and sold shares of POST. Brooklyn Investment Group increased its stake in shares of Post by 232.1% during 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 boosted its position in shares of Post by 68.4% in the 1st quarter. MassMutual Private Wealth & Trust FSB now owns 352 shares of the company’s stock worth $41,000 after purchasing an additional 143 shares in the last quarter. Millstone Evans Group LLC grew its stake in shares of Post by 167.2% in the 1st quarter. Millstone Evans Group LLC now owns 358 shares of the company’s stock worth $42,000 after buying an additional 224 shares during the last quarter. Bessemer Group Inc. grew its stake in shares of Post by 200.0% in the 1st quarter. Bessemer Group Inc. now owns 477 shares of the company’s stock worth $56,000 after buying an additional 318 shares during the last quarter. Finally, Parallel Advisors LLC increased its position in Post by 112.8% during the 1st quarter. Parallel Advisors LLC now owns 717 shares of the company’s stock valued at $83,000 after buying an additional 380 shares in the last quarter. Institutional investors own 94.85% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have commented on POST shares. Wells Fargo & Company dropped their target price on Post from $120.00 to $117.00 and set an “equal weight” rating on the stock in a report on Wednesday, July 9th. JPMorgan Chase & Co. lifted their price target on Post from $122.00 to $131.00 and gave the stock an “overweight” rating in a research report on Tuesday, August 26th. Evercore ISI upped their price target on shares of Post from $130.00 to $131.00 and gave the stock an “outperform” rating in a research note on Wednesday, June 4th. Mizuho reduced their price objective on shares of Post from $133.00 to $127.00 and set an “outperform” rating for the company in a research note on Wednesday, May 28th. Finally, Piper Sandler lifted their target price on shares of Post from $140.00 to $150.00 and gave the stock an “overweight” rating in a report on Wednesday, June 11th. Four research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, Post presently has an average rating of “Moderate Buy” and a consensus price target of $131.20.

Post Trading Down 0.4%

Post stock opened at $105.92 on Wednesday. Post Holdings, Inc. has a one year low of $101.05 and a one year high of $125.84. The business’s fifty day moving average is $108.10 and its 200 day moving average is $110.97. The stock has a market capitalization of $5.75 billion, a PE ratio of 18.01 and a beta of 0.51. The company has a debt-to-equity ratio of 1.83, a current ratio of 2.60 and a quick ratio of 1.84.

Post (NYSE:POST) last issued its earnings results on Thursday, August 7th. The company reported $2.03 earnings per share for the quarter, topping analysts’ consensus estimates of $1.67 by $0.36. The business had revenue of $1.98 billion during the quarter, compared to analyst estimates of $1.95 billion. Post had a return on equity of 10.80% and a net margin of 4.62%.Post’s revenue was up 1.9% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.54 EPS. On average, sell-side analysts predict that Post Holdings, Inc. will post 6.41 EPS for the current year.

Post declared that its board has authorized a stock repurchase plan on Friday, August 29th that permits the company to buyback $0.00 in outstanding shares. This buyback authorization permits the company to purchase shares of its stock through open market purchases. Shares buyback plans are generally a sign that the company’s board of directors believes its shares are undervalued.

Insiders Place Their Bets

In related news, Director William P. Stiritz acquired 36,000 shares of the stock in a transaction that occurred on Tuesday, August 19th. The shares were bought at an average price of $109.53 per share, for a total transaction of $3,943,080.00. Following the completion of the transaction, the director directly owned 4,334,667 shares in the company, valued at approximately $474,776,076.51. This trade represents a 0.84% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 11.40% of the stock is currently owned by company insiders.

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.