GAMMA Investing LLC Buys 584 Shares of Post Holdings, Inc. (NYSE:POST)

GAMMA Investing LLC raised its stake in Post Holdings, Inc. (NYSE:POST) by 50.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 1,752 shares of the company’s stock after buying an additional 584 shares during the period. GAMMA Investing LLC’s holdings in Post were worth $201,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in POST. Point72 Asset Management L.P. raised its position in shares of Post by 51.4% in the 2nd quarter. Point72 Asset Management L.P. now owns 1,237,165 shares of the company’s stock worth $128,863,000 after acquiring an additional 419,945 shares in the last quarter. Holocene Advisors LP grew its stake in Post by 21.0% during the third quarter. Holocene Advisors LP now owns 1,405,298 shares of the company’s stock worth $162,663,000 after purchasing an additional 244,221 shares during the period. Braun Stacey Associates Inc. bought a new stake in Post in the third quarter worth approximately $23,089,000. Allspring Global Investments Holdings LLC lifted its stake in Post by 901.9% in the third quarter. Allspring Global Investments Holdings LLC now owns 179,222 shares of the company’s stock valued at $20,745,000 after buying an additional 161,334 shares during the period. Finally, The Manufacturers Life Insurance Company boosted its holdings in shares of Post by 352.0% during the 3rd quarter. The Manufacturers Life Insurance Company now owns 196,193 shares of the company’s stock worth $22,709,000 after buying an additional 152,791 shares in the last quarter. Institutional investors and hedge funds own 94.85% of the company’s stock.

Post Stock Performance

Shares of POST stock opened at $107.51 on Thursday. Post Holdings, Inc. has a 12 month low of $91.09 and a 12 month high of $125.84. The firm has a market capitalization of $6.26 billion, a PE ratio of 19.06 and a beta of 0.66. The firm has a fifty day simple moving average of $113.96 and a two-hundred day simple moving average of $112.68. The company has a current ratio of 2.36, a quick ratio of 1.56 and a debt-to-equity ratio of 1.66.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on POST. Wells Fargo & Company dropped their target price on shares of Post from $120.00 to $116.00 and set an “equal weight” rating on the stock in a research report on Tuesday, November 19th. Evercore ISI upped their price objective on shares of Post from $123.00 to $126.00 and gave the company an “outperform” rating in a report on Monday, November 18th. One research analyst has rated the stock with a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $124.17.

Insider Activity at Post

In other Post news, 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 value of $3,475,121.24. Following the completion of the sale, 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 transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Nicolas Catoggio sold 6,000 shares of the company’s stock in a transaction that occurred on Monday, December 2nd. The shares were sold at an average price of $121.14, for a total value of $726,840.00. Following the completion of the transaction, the chief executive officer now directly owns 70,501 shares of the company’s stock, valued at approximately $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. In the last quarter, insiders have sold 35,969 shares of company stock valued at $4,322,051. 11.40% of the stock is owned by corporate insiders.

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.