Post Holdings, Inc. (NYSE:POST) Short Interest Down 14.6% in December

Post Holdings, Inc. (NYSE:POST) was the recipient of a large decline in short interest during the month of December. As of December 31st, there was short interest totalling 1,990,000 shares, a decline of 14.6% from the December 15th total of 2,330,000 shares. Based on an average daily volume of 567,700 shares, the short-interest ratio is currently 3.5 days. Approximately 4.3% of the company’s shares are short sold.

Insider Buying and Selling

In related news, SVP Bradly A. Harper sold 1,000 shares of Post stock in a transaction dated Thursday, December 5th. The stock was sold at an average price of $120.09, for a total value of $120,090.00. Following the completion of the sale, the senior vice president now directly owns 11,220 shares in the company, valued at $1,347,409.80. This trade represents a 8.18 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Nicolas Catoggio sold 6,000 shares of the business’s stock in a transaction dated Monday, December 2nd. The stock was sold at an average price of $121.14, for a total value of $726,840.00. Following the sale, the chief executive officer now directly owns 70,501 shares of the company’s stock, valued at $8,540,491.14. This represents a 7.84 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 35,969 shares of company stock worth $4,322,051 in the last quarter. Insiders own 11.40% of the company’s stock.

Hedge Funds Weigh In On Post

Several institutional investors have recently modified their holdings of POST. V Square Quantitative Management LLC bought a new stake in Post during the 3rd quarter worth approximately $27,000. Fortitude Family Office LLC boosted its holdings in shares of Post by 426.0% in the fourth quarter. Fortitude Family Office LLC now owns 263 shares of the company’s stock valued at $30,000 after buying an additional 213 shares during the period. Ashton Thomas Securities LLC bought a new stake in shares of Post during the third quarter worth $33,000. Quarry LP raised its holdings in shares of Post by 244.9% during the third quarter. Quarry LP now owns 338 shares of the company’s stock worth $39,000 after acquiring an additional 240 shares during the period. Finally, Point72 Asia Singapore Pte. Ltd. bought a new stake in Post in the 2nd quarter valued at $62,000. Institutional investors own 94.85% of the company’s stock.

Post Trading Up 0.7 %

POST stock traded up $0.77 during midday trading on Thursday, hitting $107.67. 787,000 shares of the company’s stock were exchanged, compared to its average volume of 547,410. Post has a one year low of $91.09 and a one year high of $125.84. The company has a debt-to-equity ratio of 1.66, a quick ratio of 1.56 and a current ratio of 2.36. The company has a market cap of $6.26 billion, a PE ratio of 19.09 and a beta of 0.66. The stock’s fifty day moving average price is $113.64 and its 200-day moving average price is $112.71.

Analyst Upgrades and Downgrades

POST has been the subject of a number of analyst reports. Piper Sandler lowered their target price on shares of Post from $140.00 to $120.00 and set an “overweight” rating for the company in a report on Thursday. Wells Fargo & Company cut their target price on Post from $120.00 to $116.00 and set an “equal weight” rating on the stock in a research note on Tuesday, November 19th. Finally, Evercore ISI raised their target price on Post from $123.00 to $126.00 and gave the stock an “outperform” rating in a report on Monday, November 18th. One research analyst has rated the stock with a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat.com, Post has an average rating of “Moderate Buy” and a consensus target price of $123.57.

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.