William P. Stiritz Buys 186,740 Shares of Post Holdings, Inc. (NYSE:POST) Stock

Post Holdings, Inc. (NYSE:POST) Director William P. Stiritz purchased 186,740 shares of the company’s stock in a transaction that occurred on Thursday, June 5th. The shares were purchased at an average cost of $109.11 per share, for a total transaction of $20,375,201.40. Following the completion of the transaction, the director now directly owns 4,298,667 shares of the company’s stock, valued at $469,027,556.37. This represents a 4.54% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website.

Post Stock Performance

Shares of NYSE:POST traded up $0.69 during trading on Monday, hitting $110.06. 332,316 shares of the company were exchanged, compared to its average volume of 603,874. Post Holdings, Inc. has a 52-week low of $99.70 and a 52-week high of $125.84. The stock has a 50 day moving average of $112.29 and a 200 day moving average of $112.65. The company has a debt-to-equity ratio of 1.78, a current ratio of 2.39 and a quick ratio of 1.64. The company has a market cap of $6.13 billion, a PE ratio of 18.13 and a beta of 0.49.

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

Institutional Investors Weigh In On Post

A number of institutional investors and hedge funds have recently modified their holdings of POST. Vanguard Group Inc. grew its stake in Post by 5.4% during the first quarter. Vanguard Group Inc. now owns 5,418,085 shares of the company’s stock valued at $630,448,000 after acquiring an additional 277,786 shares in the last quarter. Clarkston Capital Partners LLC boosted its holdings in Post by 3.2% in the 1st quarter. Clarkston Capital Partners LLC now owns 3,364,510 shares of the company’s stock valued at $391,494,000 after purchasing an additional 105,325 shares during the period. Dimensional Fund Advisors LP grew its position in shares of Post by 2.3% during the 4th quarter. Dimensional Fund Advisors LP now owns 3,201,394 shares of the company’s stock valued at $366,428,000 after purchasing an additional 70,850 shares in the last quarter. Point72 Asset Management L.P. increased its holdings in shares of Post by 53.4% in the fourth quarter. Point72 Asset Management L.P. now owns 1,045,306 shares of the company’s stock worth $119,646,000 after purchasing an additional 364,006 shares during the period. Finally, The Manufacturers Life Insurance Company raised its position in shares of Post by 403.1% in the fourth quarter. The Manufacturers Life Insurance Company now owns 986,975 shares of the company’s stock worth $112,969,000 after buying an additional 790,782 shares in the last quarter. 94.85% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on the stock. Piper Sandler lifted their target price on shares of Post from $120.00 to $140.00 and gave the stock an “overweight” rating in a research report on Monday, February 10th. Wells Fargo & Company lowered their price target on shares of Post from $124.00 to $120.00 and set an “equal weight” rating on the stock in a report on Monday, May 12th. Mizuho dropped their price objective on Post from $133.00 to $127.00 and set an “outperform” rating on the stock in a research note on Wednesday, May 28th. Finally, Evercore ISI lifted their price objective on Post from $130.00 to $131.00 and gave the stock an “outperform” rating in a report on Wednesday, June 4th. One research analyst has rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to MarketBeat.com, Post currently has a consensus rating of “Moderate Buy” and a consensus price target of $128.83.

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.