Belpointe Asset Management LLC Makes New $70,000 Investment in Post Holdings, Inc. (NYSE:POST)

Belpointe Asset Management LLC bought a new stake in shares of Post Holdings, Inc. (NYSE:POST – Get Rating) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 778 shares of the company’s stock, valued at approximately $70,000.

A number of other institutional investors have also recently modified their holdings of the stock. Standard Family Office LLC acquired a new position in shares of Post during the 3rd quarter worth $25,000. Quadrant Capital Group LLC grew its position in Post by 48.8% in the third quarter. Quadrant Capital Group LLC now owns 357 shares of the company’s stock valued at $29,000 after acquiring an additional 117 shares during the last quarter. Bessemer Group Inc. lifted its holdings in shares of Post by 1,015.0% in the third quarter. Bessemer Group Inc. now owns 446 shares of the company’s stock worth $37,000 after acquiring an additional 406 shares during the last quarter. Ellevest Inc. lifted its holdings in shares of Post by 136.9% in the third quarter. Ellevest Inc. now owns 507 shares of the company’s stock worth $42,000 after acquiring an additional 293 shares during the last quarter. Finally, Rockefeller Capital Management L.P. boosted its stake in shares of Post by 20.4% in the 3rd quarter. Rockefeller Capital Management L.P. now owns 962 shares of the company’s stock valued at $78,000 after purchasing an additional 163 shares in the last quarter. 91.40% of the stock is currently owned by institutional investors.

Insider Activity at Post

In other Post news, Director David P. Skarie sold 2,500 shares of the firm’s stock in a transaction that occurred on Tuesday, March 7th. The stock was sold at an average price of $89.74, for a total value of $224,350.00. Following the completion of the sale, the director now owns 42,518 shares of the company’s stock, valued at $3,815,565.32. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 10.70% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

POST has been the topic of a number of recent research reports. Stifel Nicolaus initiated coverage on Post in a research note on Thursday, April 13th. They set a “buy” rating and a $106.00 price target on the stock. Evercore ISI began coverage on Post in a research note on Monday, May 8th. They issued an “outperform” rating for the company. Truist Financial raised their price objective on Post from $70.00 to $85.00 and gave the stock a “hold” rating in a research report on Monday, February 6th. StockNews.com started coverage on Post in a report on Thursday. They issued a “hold” rating on the stock. Finally, Barclays started coverage on shares of Post in a report on Tuesday, May 2nd. They set an “overweight” rating for the company. Four analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $101.33.

Post Stock Performance

Shares of POST stock opened at $86.25 on Monday. The firm has a 50 day moving average of $88.71 and a 200-day moving average of $90.48. The company has a market cap of $5.50 billion, a price-to-earnings ratio of 13.31 and a beta of 0.69. The company has a quick ratio of 1.97, a current ratio of 2.73 and a debt-to-equity ratio of 1.68. Post Holdings, Inc. has a 52 week low of $74.09 and a 52 week high of $98.84.

Post (NYSE:POST – Get Rating) last posted its quarterly earnings results on Thursday, May 4th. The company reported $1.10 EPS for the quarter, topping analysts’ consensus estimates of $0.68 by $0.42. Post had a net margin of 6.36% and a return on equity of 7.05%. The business had revenue of $1.62 billion during the quarter, compared to analysts’ expectations of $1.57 billion. During the same period last year, the company posted $0.24 earnings per share. The business’s quarterly revenue was up 14.9% on a year-over-year basis. On average, equities analysts forecast that Post Holdings, Inc. will post 4.04 earnings per share for the current year.

Post Company Profile

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Post Holdings, Inc operates as a consumer packaged goods holding company. The firm engages in the operation of center-of-the-store, refrigerated, food service, food ingredient, active nutrition, and private brand food categories. It operates through the following segments: Post Consumer Brands, Weetabix, Foodservice, Refrigerated Retail and BellRing Brands.