Insider Selling: Post Holdings, Inc. (NYSE:POST) COO Sells 28,969 Shares of Stock

Post Holdings, Inc. (NYSE:POST) COO Jeff A. Zadoks sold 28,969 shares of the stock in a transaction dated Wednesday, November 27th. The shares were sold at an average price of $119.96, for a total transaction of $3,475,121.24. Following the transaction, the chief operating officer now owns 67,788 shares of the company’s stock, valued at approximately $8,131,848.48. The trade was a 29.94 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Post Price Performance

Shares of POST stock traded up $0.22 during trading hours on Monday, reaching $120.70. The stock had a trading volume of 660,084 shares, compared to its average volume of 527,832. The stock’s fifty day simple moving average is $113.03 and its 200 day simple moving average is $110.47. The company has a current ratio of 2.36, a quick ratio of 1.56 and a debt-to-equity ratio of 1.66. Post Holdings, Inc. has a 12 month low of $85.17 and a 12 month high of $121.38. The firm has a market capitalization of $7.05 billion, a PE ratio of 21.36 and a beta of 0.64.

Analysts Set New Price Targets

Several equities analysts recently weighed in on POST shares. JPMorgan Chase & Co. increased their price target on shares of Post from $118.00 to $125.00 and gave the company an “overweight” rating in a research report on Tuesday, August 6th. Stifel Nicolaus increased their target price on shares of Post from $120.00 to $130.00 and gave the stock a “buy” rating in a research report on Monday, August 5th. Evercore ISI increased their target price on shares of Post from $123.00 to $126.00 and gave the stock an “outperform” rating in a research report on Monday, November 18th. Finally, Wells Fargo & Company cut their target price on shares of Post from $120.00 to $116.00 and set an “equal weight” rating for the company in a research report on Tuesday, November 19th. One research analyst has rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $124.17.

Hedge Funds Weigh In On Post

Large investors have recently modified their holdings of the company. Cetera Investment Advisers boosted its position in shares of Post by 664.8% in the first quarter. Cetera Investment Advisers now owns 25,405 shares of the company’s stock valued at $2,700,000 after acquiring an additional 22,083 shares during the period. Cerity Partners LLC raised its stake in Post by 46.6% in the third quarter. Cerity Partners LLC now owns 30,562 shares of the company’s stock valued at $3,538,000 after purchasing an additional 9,711 shares in the last quarter. Acadian Asset Management LLC purchased a new stake in Post in the second quarter valued at approximately $1,824,000. Sanctuary Advisors LLC purchased a new stake in Post in the second quarter valued at approximately $510,000. Finally, Lecap Asset Management Ltd. purchased a new stake in Post in the second quarter valued at approximately $769,000. 94.85% of the stock is currently owned by institutional investors.

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.