Gregory Curl Sells 6,186 Shares of Post (NYSE:POST) Stock

Post Holdings, Inc. (NYSE:POST) Director Gregory Curl sold 6,186 shares of the company’s stock in a transaction that occurred on Wednesday, May 13th. The shares were sold at an average price of $105.05, for a total value of $649,839.30. Following the transaction, the director directly owned 15,107 shares of the company’s stock, valued at $1,586,990.35. The trade was a 29.05% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Post Trading Down 1.6%

POST traded down $1.67 during midday trading on Thursday, reaching $102.64. 641,602 shares of the company’s stock traded hands, compared to its average volume of 818,435. The firm has a fifty day moving average of $101.13 and a two-hundred day moving average of $102.11. The stock has a market capitalization of $4.65 billion, a price-to-earnings ratio of 17.28 and a beta of 0.43. The company has a debt-to-equity ratio of 2.38, a current ratio of 1.85 and a quick ratio of 1.03. Post Holdings, Inc. has a 52 week low of $94.13 and a 52 week high of $117.28.

Post (NYSE:POST) last announced its earnings results on Thursday, May 7th. The company reported $1.94 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.73 by $0.21. Post had a return on equity of 13.36% and a net margin of 4.01%.The firm had revenue of $2.04 billion during the quarter, compared to analyst estimates of $2.08 billion. During the same quarter in the prior year, the company earned $1.41 EPS. The business’s revenue was up 4.7% compared to the same quarter last year. On average, equities analysts anticipate that Post Holdings, Inc. will post 7.23 earnings per share for the current fiscal year.

Key Post News

Here are the key news stories impacting Post this week:

• Neutral Sentiment: Broader equity markets were firm, with the S&P 500 and Nasdaq hitting record highs on tech strength, but that upbeat tone has not translated into a clear catalyst for Post Holdings. S&P 500 and Nasdaq 100 Post Record Highs on Tech Strength
• Neutral Sentiment: Post Holdings recently reported solid fiscal Q2 results earlier this month, beating EPS expectations but missing on revenue, which may be keeping shares anchored near recent trading ranges. The company also maintained a relatively modest beta and continues to trade near its 50-day and 200-day moving averages, suggesting limited near-term momentum.
• Negative Sentiment: There is no fresh positive catalyst in the latest headlines for POST, so the stock’s decline may reflect profit-taking or a lack of new growth signals after the prior earnings report.

Institutional Trading of Post

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Larson Financial Group LLC grew its stake in shares of Post by 62.8% in the 4th quarter. Larson Financial Group LLC now owns 267 shares of the company’s stock worth $26,000 after buying an additional 103 shares during the last quarter. Caitong International Asset Management Co. Ltd purchased a new stake in Post during the 3rd quarter valued at $26,000. Northwestern Mutual Wealth Management Co. boosted its stake in Post by 119.5% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 248 shares of the company’s stock valued at $27,000 after purchasing an additional 135 shares during the last quarter. Summit Securities Group LLC purchased a new stake in Post during the 1st quarter valued at $28,000. Finally, Highlander Partners L.P. purchased a new stake in Post during the 4th quarter valued at $33,000. Hedge funds and other institutional investors own 94.85% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on the company. JPMorgan Chase & Co. decreased their target price on Post from $133.00 to $119.00 and set an “overweight” rating for the company in a research report on Monday, April 20th. Wall Street Zen lowered Post from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th. Barclays decreased their target price on Post from $127.00 to $119.00 and set an “overweight” rating for the company in a research report on Tuesday, April 14th. Zacks Research raised Post from a “strong sell” rating to a “hold” rating in a research report on Monday, February 9th. Finally, BTIG Research assumed coverage on Post in a research report on Monday, April 13th. They issued a “neutral” rating for the company. Five analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, Post presently has an average rating of “Moderate Buy” and an average target price of $124.50.

About Post

Post Holdings, Inc is a consumer packaged goods company that operates as a holding company for a diverse portfolio of food and beverage brands. The company’s principal activities include the production, marketing and distribution of ready-to-eat cereal, refrigerated and frozen foods, and nutritional beverages. Through its operating segments—Post Consumer Brands, Foodservice, Refrigerated Side Dishes & Bakery, and Active Nutrition—Post Holdings delivers a broad array of products to retail grocers, convenience stores, foodservice operators and e-commerce channels.

The Post Consumer Brands segment features a variety of hot and cold cereals under names such as Honey Bunches of Oats, Shredded Wheat and Pebbles.