Nordea Investment Management AB Purchases 2,480 Shares of Post Holdings, Inc. (NYSE:POST)

Nordea Investment Management AB boosted its position in Post Holdings, Inc. (NYSE:POST) by 5.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 49,502 shares of the company’s stock after purchasing an additional 2,480 shares during the period. Nordea Investment Management AB owned approximately 0.09% of Post worth $5,686,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also added to or reduced their stakes in the company. GAMMA Investing LLC raised its stake in shares of Post by 50.0% during the fourth quarter. GAMMA Investing LLC now owns 1,752 shares of the company’s stock valued at $201,000 after acquiring an additional 584 shares in the last quarter. Versant Capital Management Inc raised its stake in shares of Post by 71.3% during the fourth quarter. Versant Capital Management Inc now owns 930 shares of the company’s stock valued at $106,000 after acquiring an additional 387 shares in the last quarter. Retirement Systems of Alabama raised its stake in shares of Post by 4.7% during the third quarter. Retirement Systems of Alabama now owns 102,173 shares of the company’s stock valued at $11,827,000 after acquiring an additional 4,606 shares in the last quarter. Oddo BHF Asset Management Sas bought a new stake in shares of Post during the third quarter valued at approximately $2,048,000. Finally, Tidal Investments LLC bought a new stake in shares of Post during the third quarter valued at approximately $733,000. Institutional investors own 94.85% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the stock. Evercore ISI lifted their price target on shares of Post from $123.00 to $126.00 and gave the company an “outperform” rating in a research note on Monday, November 18th. Wells Fargo & Company decreased their price target 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 equities research analyst has rated the stock with a hold rating and five have issued a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $124.17.

Post Stock Performance

Shares of POST stock opened at $105.80 on Friday. The firm has a market cap of $6.16 billion, a price-to-earnings ratio of 18.76 and a beta of 0.66. The company’s 50 day moving average is $113.81 and its 200 day moving average is $112.61. 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 52-week low of $91.09 and a 52-week high of $125.84.

Insider Activity at Post

In other Post news, COO Jeff A. Zadoks sold 28,969 shares of Post stock in a transaction on Wednesday, November 27th. The shares were sold at an average price of $119.96, for a total value of $3,475,121.24. Following the transaction, the chief operating officer now directly owns 67,788 shares of the company’s stock, valued at approximately $8,131,848.48. The trade was a 29.94 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Nicolas Catoggio sold 6,000 shares of Post stock in a transaction 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 completion of the transaction, the chief executive officer now directly owns 70,501 shares in the company, valued at $8,540,491.14. This represents a 7.84 % 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 over the last ninety days. 11.40% of the stock is owned by company 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.