Creative Planning Grows Stake in Post Holdings, Inc. (NYSE:POST)

Creative Planning grew its holdings in shares of Post Holdings, Inc. (NYSE:POST) by 13.3% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,250 shares of the company’s stock after purchasing an additional 264 shares during the period. Creative Planning’s holdings in Post were worth $260,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in POST. Point72 Asset Management L.P. raised its stake in Post by 51.4% in the second quarter. Point72 Asset Management L.P. now owns 1,237,165 shares of the company’s stock valued at $128,863,000 after buying an additional 419,945 shares during the last quarter. Vanguard Group Inc. increased its holdings in shares of Post by 6.7% during the first quarter. Vanguard Group Inc. now owns 5,288,249 shares of the company’s stock valued at $562,035,000 after acquiring an additional 332,811 shares in the last quarter. F M Investments LLC purchased a new position in shares of Post in the 2nd quarter valued at approximately $8,873,000. Susquehanna Fundamental Investments LLC acquired a new stake in Post in the 2nd quarter worth approximately $5,861,000. Finally, Natixis Advisors LLC grew its position in Post by 67.8% during the 2nd quarter. Natixis Advisors LLC now owns 124,538 shares of the company’s stock worth $12,972,000 after purchasing an additional 50,324 shares during the last quarter. Institutional investors and hedge funds own 94.85% of the company’s stock.

Insider Transactions at Post

In related news, Director Thomas C. Erb acquired 2,000 shares of Post stock in a transaction on Tuesday, August 13th. The stock was bought at an average cost of $112.94 per share, for a total transaction of $225,880.00. Following the completion of the transaction, the director now owns 35,475 shares of the company’s stock, valued at approximately $4,006,546.50. The trade was a 0.00 % increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through this link. Corporate insiders own 10.70% of the company’s stock.

Post Stock Performance

NYSE POST opened at $110.65 on Friday. The stock has a market capitalization of $6.47 billion, a price-to-earnings ratio of 20.61 and a beta of 0.64. The stock has a 50-day moving average of $113.80 and a 200 day moving average of $109.65. The company has a current ratio of 2.05, a quick ratio of 1.12 and a debt-to-equity ratio of 1.62. Post Holdings, Inc. has a twelve month low of $82.86 and a twelve month high of $118.96.

Wall Street Analysts Forecast Growth

POST has been the subject of several research reports. Stifel Nicolaus lifted their price objective 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. JPMorgan Chase & Co. raised their price objective on Post from $118.00 to $125.00 and gave the stock an “overweight” rating in a research note on Tuesday, August 6th. Wells Fargo & Company upped their target price on Post from $108.00 to $120.00 and gave the company an “equal weight” rating in a research report on Monday, August 5th. Finally, 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 report on Monday, August 5th. One equities 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, the company currently has an average rating of “Moderate Buy” and an average target price 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.