Point72 Asia Singapore Pte. Ltd. Sells 5,550 Shares of Post Holdings, Inc. (NYSE:POST)

Point72 Asia Singapore Pte. Ltd. cut its stake in Post Holdings, Inc. (NYSE:POST) by 92.3% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 462 shares of the company’s stock after selling 5,550 shares during the period. Point72 Asia Singapore Pte. Ltd.’s holdings in Post were worth $53,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the stock. Point72 Asset Management L.P. lifted its stake 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 buying an additional 364,006 shares during the period. ProShare Advisors LLC raised its holdings in Post by 7.4% in the 4th quarter. ProShare Advisors LLC now owns 2,215 shares of the company’s stock valued at $254,000 after acquiring an additional 152 shares in the last quarter. Quantinno Capital Management LP lifted its position in shares of Post by 8.9% in the 4th quarter. Quantinno Capital Management LP now owns 75,358 shares of the company’s stock worth $8,625,000 after acquiring an additional 6,161 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of Post by 23.5% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 7,110 shares of the company’s stock worth $814,000 after purchasing an additional 1,351 shares in the last quarter. Finally, J. Goldman & Co LP bought a new stake in shares of Post during the fourth quarter valued at approximately $1,588,000. 94.85% of the stock is owned by institutional investors.

Insider Buying and Selling at Post

In related news, CEO Nicolas Catoggio sold 5,000 shares of the stock in a transaction that occurred on Tuesday, February 25th. The stock was sold at an average price of $116.50, for a total transaction of $582,500.00. Following the sale, the chief executive officer now directly owns 55,501 shares in the company, valued at $6,465,866.50. This represents a 8.26% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Bradly A. Harper sold 2,000 shares of Post stock in a transaction on Tuesday, March 4th. The shares were sold at an average price of $114.59, for a total value of $229,180.00. Following the completion of the transaction, the senior vice president now owns 8,741 shares of the company’s stock, 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 27,157 shares of company stock worth $3,139,361 over the last ninety days. Corporate insiders own 11.40% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts recently commented on the company. Piper Sandler raised their target price on 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 reduced their price objective 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 analyst has rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat, Post presently has an average rating of “Moderate Buy” and a consensus price target of $128.20.

Post Price Performance

Shares of POST stock opened at $111.83 on Monday. The stock’s fifty day simple moving average is $113.47 and its 200 day simple moving average is $112.67. Post Holdings, Inc. has a one year low of $99.70 and a one year high of $125.84. The firm has a market cap of $6.23 billion, a price-to-earnings ratio of 18.42 and a beta of 0.50. The company has a debt-to-equity ratio of 1.78, a current ratio of 2.39 and a quick ratio of 1.64.

Post (NYSE:POST) last issued its earnings results on Thursday, May 8th. The company reported $1.41 EPS for the quarter, beating 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 company earned $1.51 EPS. The firm’s revenue for the quarter was down 2.3% compared to the same quarter last year. On average, analysts expect that Post Holdings, Inc. will post 6.41 earnings per share for the current fiscal 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.