Robert E. Grote Sells 16,845 Shares of Post Holdings, Inc. (NYSE:POST) Stock

Post Holdings, Inc. (NYSE:POSTGet Free Report) Director Robert E. Grote sold 16,845 shares of the firm’s stock in a transaction that occurred 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 completion of the transaction, the director now owns 4,400 shares of the company’s stock, valued at approximately $460,152. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.

Post Stock Performance

Shares of POST opened at $104.00 on Friday. The firm’s fifty day simple moving average is $104.49 and its two-hundred day simple moving average is $99.07. Post Holdings, Inc. has a 12 month low of $78.85 and a 12 month high of $108.17. The company has a current ratio of 2.16, a quick ratio of 1.20 and a debt-to-equity ratio of 1.61. The stock has a market capitalization of $6.30 billion, a P/E ratio of 19.92 and a beta of 0.63.

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

Wall Street Analyst Weigh In

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

Read Our Latest Stock Report on Post

Institutional Trading of Post

Large investors have recently modified their holdings of the stock. Vanguard Group Inc. lifted its position in shares of Post by 6.7% during the 1st quarter. Vanguard Group Inc. now owns 5,288,249 shares of the company’s stock valued at $562,035,000 after acquiring an additional 332,811 shares during the period. Dimensional Fund Advisors LP raised its holdings in shares of Post by 9.0% during the fourth quarter. Dimensional Fund Advisors LP now owns 3,002,286 shares of the company’s stock valued at $264,382,000 after purchasing an additional 249,155 shares during the period. Wellington Management Group LLP grew its stake in shares of Post by 14.7% in the 3rd quarter. Wellington Management Group LLP now owns 1,634,146 shares of the company’s stock valued at $140,112,000 after buying an additional 209,111 shares during the period. Thompson Siegel & Walmsley LLC increased its position in Post by 0.8% in the 4th quarter. Thompson Siegel & Walmsley LLC now owns 1,095,572 shares of the company’s stock valued at $96,476,000 after buying an additional 8,939 shares in the last quarter. Finally, Price T Rowe Associates Inc. MD raised its stake in Post by 2.8% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 580,292 shares of the company’s stock worth $61,674,000 after buying an additional 15,975 shares during the period. Institutional investors and hedge funds own 94.85% of the company’s stock.

About Post

(Get 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.

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