Post Holdings, Inc. (NYSE:POST) Stake Lessened by Burney Co.

Burney Co. trimmed its stake in shares of Post Holdings, Inc. (NYSE:POST) by 14.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 8,856 shares of the company’s stock after selling 1,548 shares during the quarter. Burney Co.’s holdings in Post were worth $1,014,000 at the end of the most recent quarter.

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

Insider Buying and Selling at Post

In other Post news, COO Jeff A. Zadoks sold 28,969 shares of the firm’s stock in a transaction dated Wednesday, November 27th. The shares were sold at an average price of $119.96, for a total transaction of $3,475,121.24. Following the transaction, the chief operating officer now owns 67,788 shares of the company’s stock, valued at approximately $8,131,848.48. This trade represents a 29.94 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Nicolas Catoggio sold 6,000 shares of the company’s stock in a transaction that occurred on Monday, December 2nd. The stock was sold at an average price of $121.14, for a total transaction of $726,840.00. Following the completion of the sale, the chief executive officer now directly owns 70,501 shares of the company’s stock, valued at approximately $8,540,491.14. This represents a 7.84 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 35,969 shares of company stock valued at $4,322,051 in the last quarter. Corporate insiders own 11.40% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have issued reports on POST shares. Wells Fargo & Company cut their target price on shares of Post from $120.00 to $116.00 and set an “equal weight” rating on the stock in a report on Tuesday, November 19th. Evercore ISI raised their price target on Post from $123.00 to $126.00 and gave the stock an “outperform” rating in a report on Monday, November 18th. Finally, Piper Sandler lowered their price objective on Post from $140.00 to $120.00 and set an “overweight” rating for the company in a research note on Thursday. One analyst has rated the stock with a hold rating and six have given a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $123.57.

Post Stock Performance

POST opened at $107.67 on Friday. Post Holdings, Inc. has a twelve month low of $91.09 and a twelve month high of $125.84. The stock has a market cap of $6.26 billion, a PE ratio of 19.09 and a beta of 0.66. The business’s 50 day moving average is $113.64 and its 200-day moving average is $112.71. The company has a current ratio of 2.36, a quick ratio of 1.56 and a debt-to-equity ratio of 1.66.

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.