Post Holdings, Inc. (NYSE:POST) Stock Position Lowered by TD Asset Management Inc

TD Asset Management Inc decreased its position in Post Holdings, Inc. (NYSE:POST) by 6.9% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 26,400 shares of the company’s stock after selling 1,960 shares during the quarter. TD Asset Management Inc’s holdings in Post were worth $2,750,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Versor Investments LP acquired a new stake in shares of Post during the 2nd quarter valued at $260,000. Natixis Advisors LLC raised its holdings 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 buying an additional 50,324 shares during the period. MUFG Securities EMEA plc purchased a new stake in Post during the second quarter valued at about $1,781,000. Commonwealth Equity Services LLC boosted its holdings in shares of Post by 2.4% in the second quarter. Commonwealth Equity Services LLC now owns 5,002 shares of the company’s stock worth $521,000 after buying an additional 117 shares during the period. Finally, Concurrent Investment Advisors LLC purchased a new position in shares of Post in the second quarter worth approximately $238,000. Institutional investors own 94.85% of the company’s stock.

Analyst Ratings Changes

Several analysts have recently commented on the company. Stifel Nicolaus raised their target price on Post from $120.00 to $130.00 and gave the stock a “buy” rating in a research report on Monday, August 5th. Evercore ISI raised their price objective on Post from $122.00 to $123.00 and gave the stock an “outperform” rating in a research report on Monday, August 5th. JPMorgan Chase & Co. upped their target price on Post from $118.00 to $125.00 and gave the company an “overweight” rating in a report on Tuesday, August 6th. Finally, 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 report on Monday, August 5th. Two equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat.com, Post presently has a consensus rating of “Moderate Buy” and an average price target of $124.33.

Insider Buying and Selling

In related news, Director Thomas C. Erb bought 2,000 shares of the business’s stock in a transaction that occurred on Tuesday, August 13th. The stock was acquired at an average price of $112.94 per share, for a total transaction of $225,880.00. Following the transaction, the director now directly owns 35,475 shares of the company’s stock, valued at $4,006,546.50. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 10.70% of the stock is owned by company insiders.

Post Trading Up 0.2 %

NYSE:POST opened at $114.42 on Friday. The company’s 50 day moving average is $111.75 and its 200-day moving average is $106.86. The company has a quick ratio of 1.12, a current ratio of 2.05 and a debt-to-equity ratio of 1.62. Post Holdings, Inc. has a 12 month low of $78.85 and a 12 month high of $118.96. The firm has a market cap of $6.93 billion, a price-to-earnings ratio of 21.92 and a beta of 0.63.

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

Post Profile

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.