Jefferies Financial Group Inc. Invests $288,000 in Post Holdings, Inc. (NYSE:POST)

Jefferies Financial Group Inc. purchased a new position in shares of Post Holdings, Inc. (NYSE:POST) during the 4th quarter, HoldingsChannel reports. The firm purchased 2,520 shares of the company’s stock, valued at approximately $288,000.

Other hedge funds also recently modified their holdings of the company. Sound Income Strategies LLC acquired a new position in shares of Post during the 4th quarter worth $54,000. Parkside Financial Bank & Trust grew its stake in Post by 6.5% in the 4th quarter. Parkside Financial Bank & Trust now owns 1,699 shares of the company’s stock valued at $194,000 after buying an additional 103 shares during the last quarter. HighPoint Advisor Group LLC acquired a new position in Post in the 4th quarter valued at $202,000. CIBC Asset Management Inc acquired a new position in Post in the 4th quarter valued at $206,000. Finally, Trust Point Inc. acquired a new position in Post in the 4th quarter valued at $208,000. Institutional investors and hedge funds own 94.85% of the company’s stock.

Post Stock Performance

NYSE POST opened at $111.83 on Friday. 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 firm has a market capitalization of $6.23 billion, a price-to-earnings ratio of 18.42 and a beta of 0.50. The company’s fifty day moving average is $113.47 and its two-hundred day moving average is $112.65. Post Holdings, Inc. has a 52-week low of $99.70 and a 52-week high of $125.84.

Post (NYSE:POST) last posted its quarterly earnings results 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. The company had revenue of $1.95 billion for the quarter, compared to analyst estimates of $1.98 billion. Post had a net margin of 4.94% and a return on equity of 10.48%. The business’s quarterly revenue was down 2.3% on a year-over-year basis. During the same period last year, the business posted $1.51 EPS. Equities research analysts forecast that Post Holdings, Inc. will post 6.41 EPS for the current year.

Insiders Place Their Bets

In other news, CAO Diedre J. Gray sold 15,157 shares of Post stock in a transaction dated Friday, February 21st. The shares were 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 directly owns 19,325 shares in the company, valued at approximately $2,237,835. The trade was a 43.96% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Nicolas Catoggio sold 5,000 shares of Post stock in a transaction dated Tuesday, February 25th. The shares were sold at an average price of $116.50, for a total transaction of $582,500.00. Following the sale, the chief executive officer now owns 55,501 shares in the company, valued at approximately $6,465,866.50. This trade represents a 8.26% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 27,157 shares of company stock worth $3,139,361 in the last ninety days. Insiders own 11.40% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the stock. Wells Fargo & Company lowered their target price on shares of Post from $124.00 to $120.00 and set an “equal weight” rating on the stock in a research note on Monday, May 12th. Piper Sandler raised 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. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $128.20.

Post 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.