Post Holdings, Inc. (NYSE:POST – Get Free Report) CEO Nicolas Catoggio sold 5,000 shares of the stock in a transaction dated 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 sale was disclosed in a filing with the SEC, which is accessible through this link.
Nicolas Catoggio also recently made the following trade(s):
- On Monday, December 2nd, Nicolas Catoggio sold 6,000 shares of Post stock. The stock was sold at an average price of $121.14, for a total transaction of $726,840.00.
Post Stock Down 0.7 %
POST stock opened at $112.38 on Friday. The company’s 50 day moving average price is $110.39 and its 200 day moving average price is $113.03. The company has a debt-to-equity ratio of 1.78, a quick ratio of 1.64 and a current ratio of 2.39. Post Holdings, Inc. has a fifty-two week low of $99.62 and a fifty-two week high of $125.84. The firm has a market capitalization of $6.35 billion, a price-to-earnings ratio of 18.51 and a beta of 0.65.
Analyst Upgrades and Downgrades
Several analysts have recently issued reports on POST shares. Piper Sandler increased their price target on shares of 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 increased their price target on shares of Post from $116.00 to $122.00 and gave the stock an “equal weight” rating in a research report on Monday, February 10th. Finally, Evercore ISI upped their target price on shares of Post from $123.00 to $126.00 and gave the stock an “outperform” rating in a research note on Monday, November 18th. One equities research analyst has rated the stock with a hold rating and five have issued a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $127.17.
Read Our Latest Analysis on POST
Hedge Funds Weigh In On Post
Several hedge funds have recently added to or reduced their stakes in POST. Creative Planning increased its stake in Post by 13.3% in the third quarter. Creative Planning now owns 2,250 shares of the company’s stock valued at $260,000 after purchasing an additional 264 shares during the last quarter. Blue Trust Inc. increased its stake in Post by 382.1% in the third quarter. Blue Trust Inc. now owns 1,080 shares of the company’s stock valued at $125,000 after purchasing an additional 856 shares during the last quarter. Assenagon Asset Management S.A. purchased a new position in Post in the third quarter valued at approximately $2,190,000. Adams Diversified Equity Fund Inc. purchased a new position in Post in the third quarter valued at approximately $14,480,000. Finally, New York State Teachers Retirement System increased its stake in Post by 1.2% in the third quarter. New York State Teachers Retirement System now owns 65,742 shares of the company’s stock valued at $7,610,000 after purchasing an additional 811 shares during the last quarter. 94.85% of the stock is currently owned by hedge funds and other institutional investors.
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.
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