Ashton Thomas Securities LLC purchased a new position in shares of Post Holdings, Inc. (NYSE:POST – Free Report) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 281 shares of the company’s stock, valued at approximately $33,000.
A number of other hedge funds have also recently added to or reduced their stakes in POST. Vanguard Group Inc. increased its stake in Post by 6.7% in the first quarter. Vanguard Group Inc. now owns 5,288,249 shares of the company’s stock valued at $562,035,000 after purchasing an additional 332,811 shares during the period. Dimensional Fund Advisors LP lifted its position in Post by 0.9% during the 2nd quarter. Dimensional Fund Advisors LP now owns 3,063,104 shares of the company’s stock worth $319,052,000 after acquiring an additional 27,448 shares during the period. Point72 Asset Management L.P. grew its stake 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 valued at $128,863,000 after purchasing an additional 419,945 shares during the last quarter. Thompson Siegel & Walmsley LLC increased its holdings in shares of Post by 3.8% in the second quarter. Thompson Siegel & Walmsley LLC now owns 874,320 shares of the company’s stock valued at $91,069,000 after purchasing an additional 32,188 shares during the period. Finally, Price T Rowe Associates Inc. MD raised its stake in shares of 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 purchasing an additional 15,975 shares during the last quarter. Hedge funds and other institutional investors own 94.85% of the company’s stock.
Analyst Upgrades and Downgrades
A number of equities analysts recently weighed in on the stock. Stifel Nicolaus lifted their price objective on shares of Post from $120.00 to $130.00 and gave the company a “buy” rating in a research report on Monday, August 5th. JPMorgan Chase & Co. increased their price target on shares of Post from $118.00 to $125.00 and gave the stock an “overweight” rating in a report on Tuesday, August 6th. Wells Fargo & Company lifted their price objective on Post from $108.00 to $120.00 and gave the company an “equal weight” rating in a report on Monday, August 5th. Finally, Evercore ISI boosted their target price on Post from $122.00 to $123.00 and gave the stock an “outperform” rating in a research report on Monday, August 5th. One investment 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 a consensus rating of “Moderate Buy” and a consensus price target of $124.33.
Post Trading Down 1.5 %
Shares of POST opened at $107.78 on Friday. The firm’s 50-day moving average is $113.34 and its two-hundred day moving average is $109.73. Post Holdings, Inc. has a twelve month low of $82.86 and a twelve month high of $118.96. The company has a current ratio of 2.05, a quick ratio of 1.12 and a debt-to-equity ratio of 1.62. The firm has a market capitalization of $6.30 billion, a P/E ratio of 20.07 and a beta of 0.64.
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.
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