J. Goldman & Co LP Acquires New Shares in Post Holdings, Inc. (NYSE:POST)

J. Goldman & Co LP bought a new position in shares of Post Holdings, Inc. (NYSE:POST) in the fourth quarter, HoldingsChannel.com reports. The firm bought 13,877 shares of the company’s stock, valued at approximately $1,588,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Jefferies Financial Group Inc. acquired a new position in Post during the 4th quarter worth $288,000. Focus Partners Wealth lifted its position in Post by 67.3% during the 4th quarter. Focus Partners Wealth now owns 2,959 shares of the company’s stock worth $339,000 after acquiring an additional 1,190 shares during the last quarter. Ensign Peak Advisors Inc lifted its position in Post by 9.6% during the 4th quarter. Ensign Peak Advisors Inc now owns 108,820 shares of the company’s stock worth $12,456,000 after acquiring an additional 9,546 shares during the last quarter. D. E. Shaw & Co. Inc. lifted its position in Post by 81.8% during the 4th quarter. D. E. Shaw & Co. Inc. now owns 119,751 shares of the company’s stock worth $13,707,000 after acquiring an additional 53,873 shares during the last quarter. Finally, Cetera Investment Advisers lifted its position in Post by 4.7% during the 4th quarter. Cetera Investment Advisers now owns 28,002 shares of the company’s stock worth $3,205,000 after acquiring an additional 1,264 shares during the last quarter. Institutional investors and hedge funds own 94.85% of the company’s stock.

Analysts Set New Price Targets

POST has been the subject of a number of research analyst reports. Wells Fargo & Company boosted their target price on shares of Post from $122.00 to $124.00 and gave the stock an “equal weight” rating in a research report on Wednesday, April 2nd. Piper Sandler boosted their price objective on shares of Post from $120.00 to $140.00 and gave the stock an “overweight” rating in a report on Monday, February 10th. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $129.00.

Insider Activity at Post

In related news, Director David W. Kemper sold 8,939 shares of the company’s stock in a transaction dated Tuesday, February 11th. The shares were sold at an average price of $110.75, for a total value of $989,994.25. Following the sale, the director now owns 29,722 shares of the company’s stock, valued at $3,291,711.50. The trade was a 23.12% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, SVP Bradly A. Harper sold 2,000 shares of the company’s stock in a transaction dated Tuesday, March 4th. The shares were sold at an average price of $114.59, for a total transaction of $229,180.00. Following the completion of the sale, the senior vice president now directly owns 8,741 shares in the company, valued at approximately $1,001,631.19. The trade was a 18.62% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 36,096 shares of company stock valued at $4,129,355 over the last quarter. 11.40% of the stock is owned by company insiders.

Post Stock Performance

NYSE:POST opened at $110.78 on Monday. The firm’s 50-day moving average is $113.99 and its 200-day moving average is $112.69. Post Holdings, Inc. has a 52-week low of $99.70 and a 52-week high of $125.84. The company has a debt-to-equity ratio of 1.78, a quick ratio of 1.64 and a current ratio of 2.39. The company has a market cap of $6.26 billion, a price-to-earnings ratio of 18.25 and a beta of 0.50.

Post (NYSE:POST) last posted its quarterly earnings data on Thursday, May 8th. The company reported $1.41 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.18 by $0.23. Post had a net margin of 4.94% and a return on equity of 10.48%. The company had revenue of $1.95 billion for the quarter, compared to the consensus estimate of $1.98 billion. During the same quarter in the previous year, the firm posted $1.51 EPS. The business’s revenue was down 2.3% compared to the same quarter last year. Equities research analysts anticipate that Post Holdings, Inc. will post 6.41 earnings per share for the current 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.