Aviso Financial Inc. Grows Stake in Post Holdings, Inc. $POST

Aviso Financial Inc. lifted its stake in shares of Post Holdings, Inc. (NYSE:POST) by 1.0% in the first quarter, Holdings Channel reports. The firm owned 10,270 shares of the company’s stock after buying an additional 100 shares during the period. Aviso Financial Inc.’s holdings in Post were worth $1,195,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of POST. Vanguard Group Inc. grew its holdings in Post by 5.4% in the 1st quarter. Vanguard Group Inc. now owns 5,418,085 shares of the company’s stock valued at $630,448,000 after buying an additional 277,786 shares in the last quarter. Point72 Asset Management L.P. grew 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 valued at $119,646,000 after purchasing an additional 364,006 shares during the period. The Manufacturers Life Insurance Company increased its position in Post by 403.1% during the fourth quarter. The Manufacturers Life Insurance Company now owns 986,975 shares of the company’s stock worth $112,969,000 after purchasing an additional 790,782 shares during the last quarter. Northern Trust Corp increased its position in Post by 28.9% during the fourth quarter. Northern Trust Corp now owns 447,046 shares of the company’s stock worth $51,169,000 after purchasing an additional 100,263 shares during the last quarter. Finally, TD Asset Management Inc raised its stake in Post by 23.2% during the first quarter. TD Asset Management Inc now owns 425,944 shares of the company’s stock worth $49,563,000 after purchasing an additional 80,139 shares during the period. Hedge funds and other institutional investors own 94.85% of the company’s stock.

Insider Activity at Post

In other news, CEO Nicolas Catoggio sold 1,750 shares of the company’s stock in a transaction that occurred on Thursday, June 5th. The shares were sold at an average price of $108.97, for a total value of $190,697.50. Following the transaction, the chief executive officer directly owned 43,751 shares in the company, valued at approximately $4,767,546.47. This represents a 3.85% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director William P. Stiritz acquired 186,740 shares of the firm’s stock in a transaction dated Thursday, June 5th. The stock was bought at an average price of $109.11 per share, for a total transaction of $20,375,201.40. Following the completion of the acquisition, the director owned 4,298,667 shares in the company, valued at approximately $469,027,556.37. The trade was a 4.54% increase in their position. The disclosure for this purchase can be found here. Corporate insiders own 11.40% of the company’s stock.

Wall Street Analyst Weigh In

POST has been the topic of several recent analyst reports. Piper Sandler boosted their target price on shares of Post from $140.00 to $150.00 and gave the company an “overweight” rating in a report on Wednesday, June 11th. Wall Street Zen upgraded shares of Post from a “hold” rating to a “buy” rating in a report on Saturday, August 9th. Evercore ISI boosted 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. Mizuho decreased their target price on shares of Post from $133.00 to $127.00 and set an “outperform” rating on the stock in a report on Wednesday, May 28th. Finally, Wells Fargo & Company decreased their target price on shares of Post from $120.00 to $117.00 and set an “equal weight” rating on the stock in a report on Wednesday, July 9th. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $131.25.

Post Stock Performance

Shares of POST stock opened at $107.86 on Tuesday. The firm’s 50 day moving average price is $108.28 and its 200-day moving average price is $110.94. The company has a debt-to-equity ratio of 1.83, a quick ratio of 1.84 and a current ratio of 2.60. Post Holdings, Inc. has a one year low of $101.05 and a one year high of $125.84. The firm has a market cap of $5.86 billion, a P/E ratio of 18.34 and a beta of 0.49.

Post (NYSE:POST) last issued its quarterly earnings data on Thursday, August 7th. The company reported $2.03 EPS for the quarter, topping the consensus estimate of $1.67 by $0.36. Post had a net margin of 4.62% and a return on equity of 10.80%. The firm had revenue of $1.98 billion for the quarter, compared to analyst estimates of $1.95 billion. During the same period in the prior year, the business posted $1.54 EPS. The business’s revenue for the quarter was up 1.9% compared to the same quarter last year. As a group, equities research analysts predict that Post Holdings, Inc. will post 6.41 EPS for the current year.

About Post

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.