Janus Henderson Group PLC Raises Stake in Post Holdings, Inc. (NYSE:POST)

Janus Henderson Group PLC raised its stake in Post Holdings, Inc. (NYSE:POST) by 8.4% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 23,619 shares of the company’s stock after buying an additional 1,827 shares during the quarter. Janus Henderson Group PLC’s holdings in Post were worth $2,733,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the stock. V Square Quantitative Management LLC acquired a new position in shares of Post in the 3rd quarter valued at $27,000. Ashton Thomas Securities LLC acquired a new position in shares of Post in the 3rd quarter valued at $33,000. Point72 Asia Singapore Pte. Ltd. acquired a new position in shares of Post in the 2nd quarter valued at $62,000. Farther Finance Advisors LLC lifted its stake in shares of Post by 780.0% in the 3rd quarter. Farther Finance Advisors LLC now owns 704 shares of the company’s stock valued at $81,000 after purchasing an additional 624 shares during the last quarter. Finally, Blue Trust Inc. lifted its stake in shares of Post by 382.1% in the 3rd quarter. Blue Trust Inc. now owns 1,080 shares of the company’s stock valued at $125,000 after purchasing an additional 856 shares during the last quarter. 94.85% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, CEO Nicolas Catoggio sold 6,000 shares of the firm’s stock in a transaction that occurred on Monday, December 2nd. The stock was sold at an average price of $121.14, for a total transaction of $726,840.00. Following the transaction, the chief executive officer now owns 70,501 shares in the company, valued at $8,540,491.14. This trade represents a 7.84 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, SVP Bradly A. Harper sold 1,000 shares of the firm’s stock in a transaction that occurred on Thursday, December 5th. The stock was sold at an average price of $120.09, for a total value of $120,090.00. Following the transaction, the senior vice president now owns 11,220 shares in the company, valued at $1,347,409.80. This represents a 8.18 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 35,969 shares of company stock worth $4,322,051 in the last quarter. 10.70% of the stock is owned by insiders.

Post Price Performance

POST stock opened at $118.84 on Thursday. The company has a debt-to-equity ratio of 1.66, a current ratio of 2.36 and a quick ratio of 1.56. The firm has a market capitalization of $6.95 billion, a P/E ratio of 21.07 and a beta of 0.66. The business’s 50-day moving average is $113.63 and its two-hundred day moving average is $111.18. Post Holdings, Inc. has a 1 year low of $86.60 and a 1 year high of $121.38.

Analysts Set New Price Targets

POST has been the topic of several recent analyst reports. Wells Fargo & Company decreased their price target on Post from $120.00 to $116.00 and set an “equal weight” rating on the stock in a research note on Tuesday, November 19th. Evercore ISI increased 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 research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to MarketBeat.com, Post has an average rating of “Moderate Buy” and an average target price of $124.17.

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.