Empowered Funds LLC Purchases Shares of 2,794 Post Holdings, Inc. (NYSE:POST)

Empowered Funds LLC acquired a new stake in shares of Post Holdings, Inc. (NYSE:POST) in the third quarter, according to the company in its most recent filing with the SEC. The firm acquired 2,794 shares of the company’s stock, valued at approximately $323,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Bessemer Group Inc. raised its position in Post by 263.8% during the first quarter. Bessemer Group Inc. now owns 342 shares of the company’s stock valued at $36,000 after acquiring an additional 248 shares in the last quarter. CANADA LIFE ASSURANCE Co increased its holdings in shares of Post by 28.9% during the 1st quarter. CANADA LIFE ASSURANCE Co now owns 39,614 shares of the company’s stock valued at $4,212,000 after purchasing an additional 8,871 shares in the last quarter. BOKF NA lifted its stake in shares of Post by 1.7% in the 1st 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 period. Price T Rowe Associates Inc. MD boosted its holdings in Post by 2.8% during the first quarter. Price T Rowe Associates Inc. MD now owns 580,292 shares of the company’s stock worth $61,674,000 after buying an additional 15,975 shares in the last quarter. Finally, Bayesian Capital Management LP grew its position in Post by 296.6% during the first quarter. Bayesian Capital Management LP now owns 9,022 shares of the company’s stock valued at $959,000 after buying an additional 6,747 shares during the period. Institutional investors and hedge funds own 94.85% of the company’s stock.

Post Trading Up 1.7 %

POST stock opened at $117.82 on Tuesday. The business’s 50-day moving average is $112.58 and its 200 day moving average is $110.01. Post Holdings, Inc. has a 12-month low of $83.73 and a 12-month high of $118.96. The stock has a market cap of $6.89 billion, a price-to-earnings ratio of 20.85 and a beta of 0.64. The company has a current ratio of 2.36, a quick ratio of 1.56 and a debt-to-equity ratio of 1.66.

Analyst Ratings Changes

A number of brokerages have weighed in on POST. Stifel Nicolaus upped their price objective 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. Wells Fargo & Company lowered their price target on Post from $120.00 to $116.00 and set an “equal weight” rating on the stock in a research report on Tuesday, November 19th. JPMorgan Chase & Co. raised their price objective on Post from $118.00 to $125.00 and gave the company an “overweight” rating in a report on Tuesday, August 6th. Finally, Evercore ISI upped their target price on Post from $123.00 to $126.00 and gave the stock an “outperform” rating in a research note on Monday, November 18th. One analyst has rated the stock with a hold rating and five have given a buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $124.17.

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.