SG Americas Securities LLC Has $184,000 Position in Post Holdings, Inc. (NYSE:POST)

SG Americas Securities LLC lessened its holdings in Post Holdings, Inc. (NYSE:POST) by 94.1% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,592 shares of the company’s stock after selling 25,580 shares during the period. SG Americas Securities LLC’s holdings in Post were worth $184,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of POST. BOKF NA boosted its position in Post by 1.7% during the 1st quarter. BOKF NA now owns 5,826 shares of the company’s stock worth $614,000 after acquiring an additional 97 shares during the period. Truist Financial Corp grew its position in Post by 5.0% during the second quarter. Truist Financial Corp now owns 2,376 shares of the company’s stock valued at $247,000 after purchasing an additional 114 shares in the last quarter. Commonwealth Equity Services LLC grew its position in Post by 2.4% during the second quarter. Commonwealth Equity Services LLC now owns 5,002 shares of the company’s stock valued at $521,000 after purchasing an additional 117 shares in the last quarter. CarsonAllaria Wealth Management Ltd. lifted its position in Post by 12.8% in the 2nd quarter. CarsonAllaria Wealth Management Ltd. now owns 1,233 shares of the company’s stock worth $128,000 after buying an additional 140 shares in the last quarter. Finally, Mercer Global Advisors Inc. ADV boosted its stake in shares of Post by 4.0% during the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 3,800 shares of the company’s stock valued at $396,000 after buying an additional 146 shares during the period. Institutional investors and hedge funds own 94.85% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts recently issued reports on POST shares. Evercore ISI increased their price objective on Post from $122.00 to $123.00 and gave the stock an “outperform” rating in a report on Monday, August 5th. Stifel Nicolaus boosted their price target on Post from $120.00 to $130.00 and gave the company a “buy” rating in a research note on Monday, August 5th. Wells Fargo & Company raised their price objective on shares of Post from $108.00 to $120.00 and gave the company an “equal weight” rating in a research report on Monday, August 5th. Finally, JPMorgan Chase & Co. boosted their target price on shares of Post from $118.00 to $125.00 and gave the stock an “overweight” rating in a research report on Tuesday, August 6th. One equities research analyst has rated the stock with a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $124.33.

Insider Activity

In other Post news, Director Thomas C. Erb acquired 2,000 shares of the business’s stock in a transaction that occurred on Tuesday, August 13th. The stock was acquired at an average price of $112.94 per share, with a total value of $225,880.00. Following the transaction, the director now owns 35,475 shares of the company’s stock, valued at approximately $4,006,546.50. This trade represents a 0.00 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 10.70% of the stock is currently owned by company insiders.

Post Stock Up 0.1 %

POST opened at $112.40 on Thursday. The firm has a market cap of $6.57 billion, a P/E ratio of 20.93 and a beta of 0.63. The company has a debt-to-equity ratio of 1.62, a quick ratio of 1.12 and a current ratio of 2.05. The business has a 50 day moving average price of $115.00 and a 200 day moving average price of $108.99. Post Holdings, Inc. has a twelve month low of $79.78 and a twelve month high of $118.96.

Post (NYSE:POST) last posted its quarterly earnings data on Thursday, August 1st. The company reported $1.54 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.21 by $0.33. The business had revenue of $1.95 billion during the quarter, compared to the consensus estimate of $2.02 billion. Post had a net margin of 4.46% and a return on equity of 10.91%. Post’s quarterly revenue was up 4.7% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.52 EPS. Research analysts forecast that Post Holdings, Inc. will post 5.95 EPS for the current year.

About Post

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.