Post Holdings, Inc. (NYSE:POST) Shares Acquired by Retirement Systems of Alabama

Retirement Systems of Alabama increased its position in shares of Post Holdings, Inc. (NYSE:POST) by 4.7% during the third quarter, Holdings Channel reports. The institutional investor owned 102,173 shares of the company’s stock after buying an additional 4,606 shares during the quarter. Retirement Systems of Alabama’s holdings in Post were worth $11,827,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the company. Truist Financial Corp increased its position in shares of Post by 5.0% in the 2nd quarter. Truist Financial Corp now owns 2,376 shares of the company’s stock valued at $247,000 after purchasing an additional 114 shares during the last quarter. Commonwealth Equity Services LLC grew its stake in shares of Post by 2.4% during the second quarter. Commonwealth Equity Services LLC now owns 5,002 shares of the company’s stock worth $521,000 after purchasing an additional 117 shares in the last quarter. Mercer Global Advisors Inc. ADV increased its holdings in Post by 4.0% in the second quarter. Mercer Global Advisors Inc. ADV now owns 3,800 shares of the company’s stock valued at $396,000 after buying an additional 146 shares during the last quarter. OneDigital Investment Advisors LLC raised its stake in Post by 1.7% in the third quarter. OneDigital Investment Advisors LLC now owns 9,296 shares of the company’s stock valued at $1,076,000 after buying an additional 153 shares in the last quarter. Finally, SkyView Investment Advisors LLC lifted its holdings in Post by 2.2% during the 3rd quarter. SkyView Investment Advisors LLC now owns 7,408 shares of the company’s stock worth $857,000 after buying an additional 157 shares during the last quarter. Institutional investors and hedge funds own 94.85% of the company’s stock.

Insider Transactions at Post

In other Post news, CEO Nicolas Catoggio sold 6,000 shares of Post stock in a transaction that occurred on Monday, December 2nd. The stock was sold at an average price of $121.14, for a total value of $726,840.00. Following the transaction, the chief executive officer now directly owns 70,501 shares in the company, valued at approximately $8,540,491.14. This trade represents a 7.84 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, COO Jeff A. Zadoks sold 28,969 shares of the business’s stock in a transaction that occurred on Wednesday, November 27th. The shares were sold at an average price of $119.96, for a total value of $3,475,121.24. Following the completion of the transaction, the chief operating officer now directly owns 67,788 shares in the company, valued at approximately $8,131,848.48. The trade was a 29.94 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 35,969 shares of company stock worth $4,322,051. Insiders own 10.70% of the company’s stock.

Post Trading Down 0.6 %

NYSE:POST opened at $116.46 on Tuesday. The company has a quick ratio of 1.56, a current ratio of 2.36 and a debt-to-equity ratio of 1.66. Post Holdings, Inc. has a 52-week low of $86.60 and a 52-week high of $125.84. The stock’s 50 day moving average price is $113.80 and its 200 day moving average price is $111.41. The company has a market capitalization of $6.78 billion, a PE ratio of 20.65 and a beta of 0.66.

Analyst Ratings Changes

POST has been the topic of a number of recent analyst reports. Evercore ISI increased their price objective on Post from $123.00 to $126.00 and gave the company an “outperform” rating in a report on Monday, November 18th. Wells Fargo & Company dropped their price target on shares of Post from $120.00 to $116.00 and set an “equal weight” rating on the stock in a research note on Tuesday, November 19th. One research analyst has rated the stock with a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat, Post currently has a consensus rating of “Moderate Buy” and a consensus price target of $124.17.

Post Company 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.