Sapience Investments LLC Buys 583 Shares of Post Holdings, Inc. (NYSE:POST)

Sapience Investments LLC boosted its stake in Post Holdings, Inc. (NYSE:POST) by 2.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 29,727 shares of the company’s stock after purchasing an additional 583 shares during the period. Post comprises about 2.0% of Sapience Investments LLC’s holdings, making the stock its 11th largest holding. Sapience Investments LLC’s holdings in Post were worth $3,403,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also added to or reduced their stakes in POST. Parkside Financial Bank & Trust raised its stake in shares of Post by 6.5% during the fourth quarter. Parkside Financial Bank & Trust now owns 1,699 shares of the company’s stock valued at $194,000 after acquiring an additional 103 shares during the last quarter. Savant Capital LLC raised its stake in shares of Post by 3.8% during the fourth quarter. Savant Capital LLC now owns 3,023 shares of the company’s stock valued at $346,000 after acquiring an additional 110 shares during the last quarter. Truist Financial Corp raised its stake in shares of Post by 4.2% during the fourth quarter. Truist Financial Corp now owns 2,781 shares of the company’s stock valued at $318,000 after acquiring an additional 113 shares during the last quarter. ProShare Advisors LLC raised its stake in shares of Post by 7.4% during the fourth quarter. ProShare Advisors LLC now owns 2,215 shares of the company’s stock valued at $254,000 after acquiring an additional 152 shares during the last quarter. Finally, Exchange Traded Concepts LLC raised its stake in shares of Post by 2.5% during the fourth quarter. Exchange Traded Concepts LLC now owns 6,450 shares of the company’s stock valued at $738,000 after acquiring an additional 160 shares during the last quarter. Institutional investors own 94.85% of the company’s stock.

Insider Buying and Selling

In related news, CEO Nicolas Catoggio sold 5,000 shares of the stock in a transaction on Monday, March 3rd. The shares were sold at an average price of $114.50, for a total transaction of $572,500.00. Following the transaction, the chief executive officer now directly owns 50,501 shares of the company’s stock, valued at $5,782,364.50. This represents a 9.01% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Diedre J. Gray sold 15,157 shares of the stock in a transaction on Friday, February 21st. The stock was sold at an average price of $115.80, for a total transaction of $1,755,180.60. Following the transaction, the chief accounting officer now directly owns 19,325 shares in the company, valued at approximately $2,237,835. This represents a 43.96% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 27,157 shares of company stock valued at $3,139,361 over the last ninety days. 11.40% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

POST has been the subject of several analyst reports. Piper Sandler raised their price target on shares of Post from $120.00 to $140.00 and gave the company an “overweight” rating in a research note on Monday, February 10th. Wells Fargo & Company dropped their price target on shares of Post from $124.00 to $120.00 and set an “equal weight” rating for the company in a research note on Monday, May 12th. One analyst has rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat, Post presently has a consensus rating of “Moderate Buy” and an average target price of $128.20.

Post Trading Up 1.3%

POST opened at $111.83 on Friday. Post Holdings, Inc. has a twelve month low of $99.70 and a twelve month high of $125.84. The company has a quick ratio of 1.64, a current ratio of 2.39 and a debt-to-equity ratio of 1.78. The company has a fifty day moving average of $113.47 and a 200-day moving average of $112.62. The stock has a market cap of $6.32 billion, a PE ratio of 18.42 and a beta of 0.50.

Post (NYSE:POST) last posted its quarterly earnings data on Thursday, May 8th. The company reported $1.41 earnings per share for the quarter, topping the consensus estimate of $1.18 by $0.23. Post had a net margin of 4.94% and a return on equity of 10.48%. The company had revenue of $1.95 billion during the quarter, compared to analysts’ expectations of $1.98 billion. During the same period in the prior year, the company posted $1.51 earnings per share. Post’s revenue for the quarter was down 2.3% compared to the same quarter last year. On average, sell-side analysts predict that Post Holdings, Inc. will post 6.41 EPS for the current year.

Post Profile

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.