29,897 Shares in Post Holdings, Inc. (NYSE:POST) Acquired by Hsbc Holdings PLC

Hsbc Holdings PLC acquired a new position in shares of Post Holdings, Inc. (NYSE:POSTFree Report) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund acquired 29,897 shares of the company’s stock, valued at approximately $2,634,000.

Several other large investors have also recently modified their holdings of the company. Assetmark Inc. raised its stake in shares of Post by 3.2% during the 4th quarter. Assetmark Inc. now owns 14,565 shares of the company’s stock worth $1,283,000 after acquiring an additional 452 shares in the last quarter. Norges Bank purchased a new position in shares of Post in the fourth quarter worth $19,598,000. Ironwood Investment Counsel LLC raised its holdings in shares of Post by 2.3% in the fourth quarter. Ironwood Investment Counsel LLC now owns 4,615 shares of the company’s stock worth $406,000 after buying an additional 105 shares during the last quarter. Envestnet Portfolio Solutions Inc. raised its holdings in shares of Post by 31.2% in the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 3,226 shares of the company’s stock worth $284,000 after buying an additional 768 shares during the last quarter. Finally, Dimensional Fund Advisors LP raised its holdings in shares of Post by 9.0% in the fourth quarter. Dimensional Fund Advisors LP now owns 3,002,286 shares of the company’s stock worth $264,382,000 after buying an additional 249,155 shares during the last quarter. Institutional investors own 94.85% of the company’s stock.

Insider Activity at Post

In related news, Director Robert E. Grote sold 16,845 shares of the firm’s stock in a transaction on Wednesday, June 5th. The shares were sold at an average price of $104.58, for a total transaction of $1,761,650.10. Following the sale, the director now owns 4,400 shares in the company, valued at $460,152. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. In other news, CEO Nicolas Catoggio sold 1,500 shares of Post stock in a transaction dated Tuesday, May 7th. The shares were sold at an average price of $105.62, for a total value of $158,430.00. Following the sale, the chief executive officer now owns 73,492 shares in the company, valued at $7,762,225.04. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Robert E. Grote sold 16,845 shares of Post stock in a transaction dated Wednesday, June 5th. The shares were sold at an average price of $104.58, for a total transaction of $1,761,650.10. Following the completion of the sale, the director now owns 4,400 shares in the company, valued at approximately $460,152. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 22,345 shares of company stock worth $2,344,320. 10.70% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of research firms have issued reports on POST. Evercore ISI raised their price target on shares of Post from $118.00 to $122.00 and gave the stock an “outperform” rating in a report on Monday, May 6th. Barclays raised their price target on shares of Post from $115.00 to $120.00 and gave the stock an “overweight” rating in a report on Tuesday, May 7th. Finally, Stifel Nicolaus raised their price target on shares of Post from $115.00 to $120.00 and gave the stock a “buy” rating in a report on Monday, May 6th. Two research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to MarketBeat.com, Post presently has an average rating of “Moderate Buy” and a consensus target price of $113.67.

Get Our Latest Stock Report on POST

Post Trading Up 0.3 %

Shares of Post stock opened at $105.08 on Friday. The company has a debt-to-equity ratio of 1.61, a current ratio of 2.16 and a quick ratio of 1.20. The firm has a fifty day moving average price of $104.53 and a 200 day moving average price of $98.95. Post Holdings, Inc. has a 1 year low of $78.85 and a 1 year high of $108.17. The stock has a market cap of $6.37 billion, a PE ratio of 20.13 and a beta of 0.63.

Post (NYSE:POSTGet Free Report) last issued its earnings results on Thursday, May 2nd. The company reported $1.51 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.29 by $0.22. Post had a net margin of 4.38% and a return on equity of 10.93%. The firm had revenue of $2 billion during the quarter, compared to analysts’ expectations of $2.03 billion. During the same quarter last year, the company posted $1.10 earnings per share. The firm’s revenue was up 23.4% compared to the same quarter last year. Equities research analysts predict that Post Holdings, Inc. will post 5.61 earnings per share for the current year.

Post Company Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Post (NYSE:POST)

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