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

Sequoia Financial Advisors LLC raised its holdings in shares of Post Holdings, Inc. (NYSE:POST) by 54.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 4,827 shares of the company’s stock after buying 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 have also added to or reduced their stakes in the company. HighTower Advisors LLC increased its stake in shares of Post by 133.7% in the 4th quarter. HighTower Advisors LLC now owns 12,538 shares of the company’s stock worth $1,435,000 after purchasing an additional 7,172 shares in the last quarter. AlphaQuest LLC increased its position in Post by 1,109,800.0% in the fourth quarter. AlphaQuest LLC now owns 11,099 shares of the company’s stock worth $1,270,000 after buying an additional 11,098 shares in the last quarter. Inceptionr LLC bought a new position in shares of Post in the fourth quarter worth about $1,710,000. Raymond James Financial Inc. purchased a new position in shares of Post during the 4th quarter valued at about $36,751,000. Finally, Proficio Capital Partners LLC bought a new position in shares of Post during the 4th quarter valued at approximately $2,777,000. 94.85% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Post

In other news, Director David W. Kemper sold 8,939 shares of the firm’s stock in a transaction that occurred on Tuesday, February 11th. The stock was sold at an average price of $110.75, for a total value of $989,994.25. Following the completion of the sale, the director now directly owns 29,722 shares of the company’s stock, valued at $3,291,711.50. This trade represents a 23.12 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, SVP Bradly A. Harper sold 2,000 shares of the business’s stock in a transaction that occurred on Tuesday, March 4th. The shares were sold at an average price of $114.59, for a total value of $229,180.00. Following the transaction, the senior vice president now directly owns 8,741 shares in the company, valued at approximately $1,001,631.19. This represents a 18.62 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 36,096 shares of company stock worth $4,129,355 over the last 90 days. 11.40% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on POST. Evercore ISI lifted their price target on shares of Post from $123.00 to $126.00 and gave the company an “outperform” rating in a report on Monday, November 18th. Wells Fargo & Company increased their price target on Post from $116.00 to $122.00 and gave the stock an “equal weight” rating in a research note on Monday, February 10th. Finally, Piper Sandler boosted their price objective on Post from $120.00 to $140.00 and gave the company an “overweight” rating in a research report on Monday, February 10th. One analyst has rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $127.17.

Post Trading Up 1.6 %

Shares of Post stock opened at $113.98 on Tuesday. Post Holdings, Inc. has a twelve month low of $99.62 and a twelve month high of $125.84. The company has a quick ratio of 1.64, a current ratio of 2.39 and a debt-to-equity ratio of 1.78. The business has a 50-day moving average price of $110.34 and a 200-day moving average price of $112.93. The firm has a market cap of $6.44 billion, a price-to-earnings ratio of 18.78 and a beta of 0.65.

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

About Post

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.