Intech Investment Management LLC trimmed its position in Post Holdings, Inc. (NYSE:POST – Free Report) by 53.1% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 3,114 shares of the company’s stock after selling 3,530 shares during the period. Intech Investment Management LLC’s holdings in Post were worth $360,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also bought and sold shares of POST. Opal Wealth Advisors LLC bought a new position in shares of Post in the second quarter valued at about $27,000. V Square Quantitative Management LLC acquired a new stake in Post in the 3rd quarter worth about $27,000. Ashton Thomas Securities LLC bought a new stake in Post in the 3rd quarter valued at about $33,000. Point72 Asia Singapore Pte. Ltd. acquired a new position in shares of Post during the 2nd quarter worth approximately $62,000. Finally, GAMMA Investing LLC increased its holdings in shares of Post by 119.1% during the second quarter. GAMMA Investing LLC now owns 745 shares of the company’s stock worth $78,000 after purchasing an additional 405 shares during the period. Institutional investors own 94.85% of the company’s stock.
Analyst Ratings Changes
POST has been the subject of several recent research reports. JPMorgan Chase & Co. boosted their price target on Post from $118.00 to $125.00 and gave the company an “overweight” rating in a research note on Tuesday, August 6th. Evercore ISI boosted their price target on Post from $123.00 to $126.00 and gave the company an “outperform” rating in a research note on Monday, November 18th. Finally, Wells Fargo & Company reduced their price objective on shares of Post from $120.00 to $116.00 and set an “equal weight” rating on the stock in a research note on Tuesday, November 19th. One research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $124.17.
Post Price Performance
POST stock opened at $119.74 on Wednesday. The stock has a market cap of $7.00 billion, a price-to-earnings ratio of 21.23 and a beta of 0.66. The company has a debt-to-equity ratio of 1.66, a current ratio of 2.36 and a quick ratio of 1.56. The company has a 50 day simple moving average of $113.26 and a 200 day simple moving average of $110.67. Post Holdings, Inc. has a 1 year low of $85.17 and a 1 year high of $121.38.
Insider Transactions at Post
In other news, CEO Nicolas Catoggio sold 6,000 shares of the firm’s stock in a transaction on Monday, December 2nd. The shares were sold at an average price of $121.14, for a total transaction of $726,840.00. Following the completion of the transaction, the chief executive officer now owns 70,501 shares of the company’s stock, valued at approximately $8,540,491.14. This trade represents a 7.84 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, COO Jeff A. Zadoks sold 28,969 shares of Post stock in a transaction on Wednesday, November 27th. The stock was 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 in the company, valued at approximately $8,131,848.48. This trade represents a 29.94 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 10.70% of the company’s stock.
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.
Featured Stories
- Five stocks we like better than Post
- Dividend Payout Ratio Calculator
- Beyond NVIDIA: Top 5 Semiconductor Stocks to Watch for 2025
- Stock Trading Terms – Stock Terms Every Investor Needs to Know
- Netflix Is On Track To Hit $1,000 By Christmas
- Why Are Stock Sectors Important to Successful Investing?
- UMAC Stock Climbs Amid Trump Jr. Appointment and Meme Stock Hype
Receive News & Ratings for Post Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Post and related companies with MarketBeat.com's FREE daily email newsletter.