TD Private Client Wealth LLC Buys 1,015 Shares of Post Holdings, Inc. (NYSE:POST)

TD Private Client Wealth LLC increased its stake in Post Holdings, Inc. (NYSE:POST) by 11.9% in the fourth quarter, HoldingsChannel reports. The fund owned 9,578 shares of the company’s stock after purchasing an additional 1,015 shares during the period. TD Private Client Wealth LLC’s holdings in Post were worth $1,096,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Parkside Financial Bank & Trust boosted 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 purchasing an additional 103 shares during the period. Savant Capital LLC raised its holdings in Post by 3.8% during the 4th quarter. Savant Capital LLC now owns 3,023 shares of the company’s stock valued at $346,000 after buying an additional 110 shares during the last quarter. Truist Financial Corp raised its holdings in Post by 4.2% during the 4th quarter. Truist Financial Corp now owns 2,781 shares of the company’s stock valued at $318,000 after buying an additional 113 shares during the last quarter. SkyView Investment Advisors LLC boosted its position in Post by 2.2% during the 3rd quarter. SkyView Investment Advisors LLC now owns 7,408 shares of the company’s stock valued at $857,000 after buying an additional 157 shares during the period. Finally, Exchange Traded Concepts LLC grew its holdings in Post by 2.5% in the 4th quarter. Exchange Traded Concepts LLC now owns 6,450 shares of the company’s stock worth $738,000 after acquiring an additional 160 shares during the last quarter. 94.85% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Post

In other Post news, CAO Diedre J. Gray sold 15,157 shares of the firm’s stock in a transaction that occurred on Friday, February 21st. The shares were sold at an average price of $115.80, for a total transaction of $1,755,180.60. Following the completion of the transaction, the chief accounting officer now owns 19,325 shares of the company’s stock, valued at approximately $2,237,835. This trade represents a 43.96 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director David W. Kemper sold 8,939 shares of the business’s stock in a transaction that occurred on Tuesday, February 11th. The stock was sold at an average price of $110.75, for a total value of $989,994.25. Following the completion of the sale, the director now directly owns 29,722 shares in the company, valued at approximately $3,291,711.50. This represents a 23.12 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 36,096 shares of company stock valued at $4,129,355. 11.40% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several brokerages have recently commented on POST. Wells Fargo & Company upped their price objective on shares of Post from $116.00 to $122.00 and gave the company an “equal weight” rating in a research note on Monday, February 10th. Piper Sandler upped their price target on Post from $120.00 to $140.00 and gave the company an “overweight” rating in a research report on Monday, February 10th. One investment analyst has rated the stock with a hold rating and five have given a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $127.17.

Post Price Performance

Shares of NYSE POST opened at $111.44 on Monday. Post Holdings, Inc. has a 1 year low of $99.62 and a 1 year high of $125.84. The stock has a market capitalization of $6.29 billion, a P/E ratio of 18.36 and a beta of 0.65. The company’s 50-day moving average is $110.71 and its 200 day moving average is $112.80. The company has a debt-to-equity ratio of 1.78, a current ratio of 2.39 and a quick ratio of 1.64.

Post (NYSE:POST) last posted its earnings results on Thursday, February 6th. The company reported $1.73 earnings per share for the quarter, topping analysts’ consensus estimates of $1.49 by $0.24. Post had a return on equity of 10.48% and a net margin of 4.94%. On average, sell-side analysts expect that Post Holdings, Inc. will post 6.41 earnings per share for the current year.

Post Company 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.