3Chopt Investment Partners LLC Acquires Shares of 8,422 Post Holdings, Inc. (NYSE:POST)

3Chopt Investment Partners LLC acquired a new stake in shares of Post Holdings, Inc. (NYSE:POST) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 8,422 shares of the company’s stock, valued at approximately $877,000.

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

Post Trading Down 0.3 %

NYSE POST opened at $115.79 on Tuesday. 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 company has a market capitalization of $7.01 billion, a price-to-earnings ratio of 22.18 and a beta of 0.63. The company’s 50-day simple moving average is $113.73 and its two-hundred day simple moving average is $107.83. Post Holdings, Inc. has a one year low of $78.85 and a one year high of $118.96.

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

Insider Transactions at Post

In other news, Director Thomas C. Erb acquired 2,000 shares of the business’s stock in a transaction dated Tuesday, August 13th. The shares were purchased at an average price of $112.94 per share, with a total value of $225,880.00. Following the transaction, the director now directly owns 35,475 shares in the company, valued at $4,006,546.50. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Insiders own 10.70% of the company’s stock.

Wall Street Analyst Weigh In

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

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.