Swiss National Bank trimmed its holdings in shares of Post Holdings, Inc. (NYSE:POST – Free Report) by 0.9% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 100,600 shares of the company’s stock after selling 900 shares during the period. Swiss National Bank’s holdings in Post were worth $11,644,000 as of its most recent SEC filing.
Other hedge funds have also recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its stake in shares of Post by 6.7% during the 1st quarter. Vanguard Group Inc. now owns 5,288,249 shares of the company’s stock worth $562,035,000 after acquiring an additional 332,811 shares in the last quarter. Cetera Investment Advisers boosted its position in shares of Post by 664.8% in the 1st quarter. Cetera Investment Advisers now owns 25,405 shares of the company’s stock valued at $2,700,000 after purchasing an additional 22,083 shares during the period. Tidal Investments LLC purchased a new position in Post in the 1st quarter worth about $1,772,000. CANADA LIFE ASSURANCE Co raised its holdings in Post by 28.9% during the 1st quarter. CANADA LIFE ASSURANCE Co now owns 39,614 shares of the company’s stock worth $4,212,000 after buying an additional 8,871 shares during the period. Finally, Price T Rowe Associates Inc. MD lifted its stake 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 valued at $61,674,000 after buying an additional 15,975 shares in the last quarter. Institutional investors and hedge funds own 94.85% of the company’s stock.
Analysts Set New Price Targets
POST has been the topic of several analyst reports. Stifel Nicolaus lifted their target price 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 objective 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. JPMorgan Chase & Co. increased 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, Evercore ISI lifted their price target on Post from $123.00 to $126.00 and gave the company an “outperform” rating in a report on Monday, November 18th. One investment analyst has rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $124.17.
Post Trading Up 2.5 %
Shares of NYSE:POST opened at $115.80 on Friday. The firm has a fifty day moving average of $112.58 and a two-hundred day moving average of $109.94. The company has a quick ratio of 1.56, a current ratio of 2.36 and a debt-to-equity ratio of 1.66. Post Holdings, Inc. has a 12-month low of $83.73 and a 12-month high of $118.96. The firm has a market capitalization of $6.77 billion, a P/E ratio of 20.53 and a beta of 0.64.
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.
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