Tower Research Capital LLC TRC Purchases 4,485 Shares of Post Holdings, Inc. (NYSE:POST)

Tower Research Capital LLC TRC grew its holdings in shares of Post Holdings, Inc. (NYSE:POST) by 478.1% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 5,423 shares of the company’s stock after buying an additional 4,485 shares during the period. Tower Research Capital LLC TRC’s holdings in Post were worth $621,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Parkside Financial Bank & Trust boosted its stake in Post by 6.5% during the fourth quarter. Parkside Financial Bank & Trust now owns 1,699 shares of the company’s stock worth $194,000 after acquiring an additional 103 shares in the last quarter. Savant Capital LLC grew its stake in shares of Post by 3.8% in the 4th quarter. Savant Capital LLC now owns 3,023 shares of the company’s stock worth $346,000 after buying an additional 110 shares during the last quarter. Truist Financial Corp increased its position in Post by 4.2% during the 4th quarter. Truist Financial Corp now owns 2,781 shares of the company’s stock valued at $318,000 after buying an additional 113 shares in the last quarter. SkyView Investment Advisors LLC raised its stake in Post by 2.2% during the third 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 last quarter. Finally, Exchange Traded Concepts LLC boosted its holdings in Post by 2.5% in the fourth quarter. Exchange Traded Concepts LLC now owns 6,450 shares of the company’s stock worth $738,000 after acquiring an additional 160 shares in the last quarter. 94.85% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Post

In related news, SVP Bradly A. Harper sold 2,000 shares of the firm’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 owns 8,741 shares of the company’s stock, valued at approximately $1,001,631.19. This trade represents a 18.62 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Nicolas Catoggio sold 5,000 shares of the company’s stock in a transaction that occurred on Tuesday, February 25th. The shares were 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 of the company’s stock, valued at approximately $6,465,866.50. This represents a 8.26 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 36,096 shares of company stock worth $4,129,355 in the last ninety days. Insiders own 11.40% of the company’s stock.

Post Price Performance

Shares of NYSE:POST opened at $112.86 on Monday. The business has a 50-day simple moving average of $114.37 and a two-hundred day simple moving average of $112.83. The company has a debt-to-equity ratio of 1.78, a quick ratio of 1.64 and a current ratio of 2.39. The firm has a market cap of $6.37 billion, a price-to-earnings ratio of 18.59 and a beta of 0.52. Post Holdings, Inc. has a fifty-two week low of $99.70 and a fifty-two week high of $125.84.

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

Wall Street Analysts Forecast Growth

POST has been the subject of several recent analyst reports. Piper Sandler lifted their price target on 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 lifted their target price on shares of Post from $122.00 to $124.00 and gave the stock an “equal weight” rating in a report on Wednesday, April 2nd. One equities research analyst has rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $127.50.

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.