Stifel Financial Corp Increases Stock Position in Post Holdings, Inc. (NYSE:POST)

Stifel Financial Corp lifted its holdings in Post Holdings, Inc. (NYSE:POST) by 0.8% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 48,808 shares of the company’s stock after buying an additional 377 shares during the quarter. Stifel Financial Corp owned approximately 0.08% of Post worth $5,650,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. V Square Quantitative Management LLC purchased a new stake in Post in the third quarter worth about $27,000. Ashton Thomas Securities LLC purchased a new stake in shares of Post in the 3rd quarter worth approximately $33,000. Quarry LP increased its position in Post by 244.9% during the 3rd quarter. Quarry LP now owns 338 shares of the company’s stock valued at $39,000 after buying an additional 240 shares in the last quarter. Point72 Asia Singapore Pte. Ltd. purchased a new position in Post during the second quarter valued at $62,000. Finally, Farther Finance Advisors LLC boosted its holdings in Post by 780.0% in the third quarter. Farther Finance Advisors LLC now owns 704 shares of the company’s stock worth $81,000 after acquiring an additional 624 shares in the last quarter. 94.85% of the stock is currently owned by institutional investors.

Post Trading Down 2.2 %

Post stock opened at $117.13 on Friday. Post Holdings, Inc. has a one year low of $86.60 and a one year high of $125.84. The business’s fifty day moving average is $113.80 and its 200 day moving average is $111.36. The stock has a market capitalization of $6.81 billion, a PE ratio of 20.77 and a beta of 0.66. The company has a debt-to-equity ratio of 1.66, a current ratio of 2.36 and a quick ratio of 1.56.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on POST shares. Evercore ISI raised 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. Wells Fargo & Company reduced their price objective on shares of Post from $120.00 to $116.00 and set an “equal weight” rating for the company in a research note on Tuesday, November 19th. One analyst has rated the stock with a hold rating and five have given a buy rating to the stock. According to data from MarketBeat.com, Post currently has an average rating of “Moderate Buy” and a consensus price target of $124.17.

Insider Activity

In other Post news, CEO Nicolas Catoggio sold 6,000 shares of the firm’s stock in a transaction dated Monday, December 2nd. The stock was sold at an average price of $121.14, for a total value of $726,840.00. Following the transaction, the chief executive officer now directly owns 70,501 shares of the company’s stock, valued at approximately $8,540,491.14. This trade represents a 7.84 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, SVP Bradly A. Harper sold 1,000 shares of the business’s stock in a transaction dated Thursday, December 5th. The shares were sold at an average price of $120.09, for a total value of $120,090.00. Following the sale, the senior vice president now owns 11,220 shares of the company’s stock, valued at approximately $1,347,409.80. This represents a 8.18 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 35,969 shares of company stock valued at $4,322,051 in the last 90 days. 10.70% of the stock is currently owned by insiders.

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.