William Stiritz Sells 277,935 Shares of Post (NYSE:POST) Stock

Post Holdings, Inc. (NYSE:POST) Chairman William Stiritz sold 277,935 shares of the business’s stock in a transaction that occurred on Wednesday, September 2nd. The shares were sold at an average price of $84.23, for a total value of $23,410,465.05. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

Post Price Performance

Shares of NYSE POST opened at $84.46 on Friday. The stock has a fifty day moving average price of $86.00 and a 200 day moving average price of $94.49. Post Holdings, Inc. has a 1-year low of $75.40 and a 1-year high of $117.28. The company has a debt-to-equity ratio of 2.47, a current ratio of 1.85 and a quick ratio of 0.99. The company has a market cap of $3.83 billion, a PE ratio of 15.53 and a beta of 0.37.

Post (NYSE:POST) last announced its quarterly earnings data on Thursday, August 6th. The company reported $1.78 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.70 by $0.08. Post had a net margin of 3.48% and a return on equity of 13.22%. The company had revenue of $1.95 billion for the quarter, compared to analysts’ expectations of $2.02 billion. During the same period in the previous year, the company posted $2.03 EPS. Post’s revenue was down 1.8% compared to the same quarter last year. Sell-side analysts forecast that Post Holdings, Inc. will post 7.56 EPS for the current year.

Hedge Funds Weigh In On Post

Several large investors have recently modified their holdings of POST. Moran Wealth Management LLC acquired a new stake in shares of Post during the first quarter worth $5,229,000. LSV Asset Management grew its position in shares of Post by 145.5% during the fourth quarter. LSV Asset Management now owns 44,550 shares of the company’s stock worth $4,413,000 after acquiring an additional 26,400 shares during the last quarter. Hsbc Holdings PLC boosted its stake in Post by 1,064.2% during the 1st quarter. Hsbc Holdings PLC now owns 28,336 shares of the company’s stock valued at $2,790,000 after purchasing an additional 25,902 shares during the period. Fisher Asset Management LLC increased its stake in shares of Post by 104.0% in the fourth quarter. Fisher Asset Management LLC now owns 242,101 shares of the company’s stock valued at $23,980,000 after purchasing an additional 123,423 shares during the period. Finally, SG Americas Securities LLC increased its position in Post by 216.2% in the 1st quarter. SG Americas Securities LLC now owns 21,143 shares of the company’s stock valued at $2,090,000 after acquiring an additional 14,456 shares during the period. Institutional investors own 94.85% of the company’s stock.

Post News Summary

Here are the key news stories impacting Post this week:

• Neutral Sentiment: Post’s latest quarterly results were mixed: adjusted earnings per share of $1.78 exceeded the $1.70 consensus estimate, but revenue of $1.95 billion missed expectations of $2.02 billion and declined 1.8% year over year. Lower year-over-year EPS also leaves questions about the company’s growth trajectory. Post Holdings earnings and stock information
• Neutral Sentiment: Analyst sentiment remains cautious, with a consensus rating of Hold and an average price target of $109. The target implies potential upside from recent trading levels, but recent target reductions and the company’s revenue decline may limit near-term enthusiasm.
• Negative Sentiment: Chairman William P. Stiritz sold a combined 384,132 shares of Post Holdings for approximately $32.3 million across transactions on September 1 and 2. The September 1 sale reduced his direct ownership by 27.65%, which may weigh on investor confidence because of its size, although insider sales can also reflect personal liquidity or diversification needs. SEC insider transaction filing

Analysts Set New Price Targets

Several equities analysts recently issued reports on POST shares. Weiss Ratings cut Post from a “hold (c)” rating to a “sell (d+)” rating in a report on Monday, August 17th. Barclays lowered their target price on Post from $106.00 to $95.00 and set an “overweight” rating on the stock in a report on Monday, August 10th. Wells Fargo & Company dropped their price target on Post from $98.00 to $86.00 and set an “equal weight” rating for the company in a research report on Monday, August 10th. Wall Street Zen lowered shares of Post from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th. Finally, Evercore set a $121.00 price objective on shares of Post in a research note on Monday, August 10th. Four research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $109.00.

About Post

Post Holdings, Inc is a consumer packaged goods company that operates as a holding company for a diverse portfolio of food and beverage brands. The company’s principal activities include the production, marketing and distribution of ready-to-eat cereal, refrigerated and frozen foods, and nutritional beverages. Through its operating segments—Post Consumer Brands, Foodservice, Refrigerated Side Dishes & Bakery, and Active Nutrition—Post Holdings delivers a broad array of products to retail grocers, convenience stores, foodservice operators and e-commerce channels.

The Post Consumer Brands segment features a variety of hot and cold cereals under names such as Honey Bunches of Oats, Shredded Wheat and Pebbles.