Post Holdings, Inc. (NYSE:POST) CEO Nicolas Catoggio Sells 1,750 Shares

Post Holdings, Inc. (NYSE:POSTGet Free Report) CEO Nicolas Catoggio sold 1,750 shares of the stock in a transaction dated Thursday, June 5th. The stock was sold at an average price of $108.97, for a total transaction of $190,697.50. Following the transaction, the chief executive officer now directly owns 43,751 shares of the company’s stock, valued at $4,767,546.47. This represents a 3.85% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Post Trading Up 0.8%

Shares of Post stock opened at $111.00 on Wednesday. The company has a current ratio of 2.39, a quick ratio of 1.64 and a debt-to-equity ratio of 1.78. The company has a 50-day moving average of $112.03 and a two-hundred day moving average of $112.60. Post Holdings, Inc. has a 12-month low of $99.70 and a 12-month high of $125.84. The stock has a market cap of $6.18 billion, a PE ratio of 18.29 and a beta of 0.49.

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

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of POST. Silver Oak Securities Incorporated purchased a new position in shares of Post during the 4th quarter worth approximately $437,000. Empowered Funds LLC increased its stake in shares of Post by 41.3% during the 4th quarter. Empowered Funds LLC now owns 3,949 shares of the company’s stock worth $452,000 after purchasing an additional 1,155 shares in the last quarter. Savant Capital LLC increased its stake in shares of Post by 3.8% during the 4th quarter. Savant Capital LLC now owns 3,023 shares of the company’s stock worth $346,000 after purchasing an additional 110 shares in the last quarter. Principal Securities Inc. increased its stake in shares of Post by 10.6% during the 4th quarter. Principal Securities Inc. now owns 2,041 shares of the company’s stock worth $234,000 after purchasing an additional 195 shares in the last quarter. Finally, State of New Jersey Common Pension Fund D boosted its position in Post by 10.4% during the fourth quarter. State of New Jersey Common Pension Fund D now owns 19,030 shares of the company’s stock worth $2,178,000 after acquiring an additional 1,785 shares during the last quarter. 94.85% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research analysts have issued reports on POST shares. Mizuho dropped their target price on shares of Post from $133.00 to $127.00 and set an “outperform” rating for the company in a report on Wednesday, May 28th. Evercore ISI increased their target price on shares of Post from $130.00 to $131.00 and gave the company an “outperform” rating in a report on Wednesday, June 4th. Finally, Wells Fargo & Company dropped their target price on shares of Post from $124.00 to $120.00 and set an “equal weight” rating for the company in a report on Monday, May 12th. 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, Post currently has an average rating of “Moderate Buy” and an average target price of $128.83.

Get Our Latest Stock Analysis on Post

About Post

(Get Free Report)

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.

Recommended Stories

Insider Buying and Selling by Quarter for Post (NYSE:POST)

Receive News & Ratings for Post Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Post and related companies with MarketBeat.com's FREE daily email newsletter.