Sequoia Financial Advisors LLC Increases Position in Post Holdings, Inc. (NYSE:POST)

Sequoia Financial Advisors LLC boosted its stake in shares of Post Holdings, Inc. (NYSE:POST) by 54.7% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 4,827 shares of the company’s stock after purchasing an additional 1,706 shares during the period. Sequoia Financial Advisors LLC’s holdings in Post were worth $552,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Holocene Advisors LP raised its holdings in shares of Post by 21.0% in the third quarter. Holocene Advisors LP now owns 1,405,298 shares of the company’s stock valued at $162,663,000 after acquiring an additional 244,221 shares in the last quarter. Hennessy Advisors Inc. purchased a new stake in shares of Post during the 4th quarter valued at $56,864,000. Raymond James Financial Inc. acquired a new stake in Post in the fourth quarter worth about $36,751,000. Charles Schwab Investment Management Inc. increased its holdings in shares of Post by 0.3% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 320,585 shares of the company’s stock valued at $36,694,000 after acquiring an additional 964 shares in the last quarter. Finally, Victory Capital Management Inc. boosted its stake in Post by 4.8% in the 4th quarter. Victory Capital Management Inc. now owns 237,279 shares of the company’s stock worth $27,159,000 after purchasing an additional 10,767 shares in the last quarter. Institutional investors own 94.85% of the company’s stock.

Post Trading Up 1.6 %

NYSE POST opened at $113.98 on Tuesday. Post Holdings, Inc. has a 1 year low of $99.62 and a 1 year high of $125.84. 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 company has a market capitalization of $6.44 billion, a PE ratio of 18.78 and a beta of 0.65. The company has a fifty day moving average of $110.34 and a 200 day moving average of $112.93.

Post (NYSE:POST) last issued its quarterly earnings data on Thursday, February 6th. The company reported $1.73 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.49 by $0.24. Post had a return on equity of 10.48% and a net margin of 4.94%. Research analysts forecast that Post Holdings, Inc. will post 6.41 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on POST shares. Wells Fargo & Company raised their price target on shares of Post from $116.00 to $122.00 and gave the stock an “equal weight” rating in a report on Monday, February 10th. Evercore ISI raised their target price on Post from $123.00 to $126.00 and gave the stock an “outperform” rating in a research note on Monday, November 18th. Finally, Piper Sandler boosted their price target on Post from $120.00 to $140.00 and gave the company an “overweight” rating in a research note on Monday, February 10th. One analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $127.17.

Insiders Place Their Bets

In other news, Director David W. Kemper sold 8,939 shares of the stock in a transaction dated Tuesday, February 11th. The shares were sold at an average price of $110.75, for a total transaction of $989,994.25. Following the sale, the director now directly owns 29,722 shares of the company’s stock, valued at $3,291,711.50. This represents a 23.12 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, 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 value of $1,755,180.60. Following the completion of the transaction, the chief accounting officer now owns 19,325 shares of the company’s stock, valued at approximately $2,237,835. This represents a 43.96 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 36,096 shares of company stock worth $4,129,355. Corporate insiders own 11.40% of the company’s stock.

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.