EULAV Asset Management Increases Position in Post Holdings, Inc. (NYSE:POST)

EULAV Asset Management boosted its holdings in shares of Post Holdings, Inc. (NYSE:POST - Free Report) by 26.0% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 164,600 shares of the company's stock after purchasing an additional 34,000 shares during the period. EULAV Asset Management owned about 0.28% of Post worth $19,052,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of POST. Opal Wealth Advisors LLC acquired a new position in Post in the second quarter valued at $27,000. V Square Quantitative Management LLC purchased a new stake in Post during the third quarter worth about $27,000. New Covenant Trust Company N.A. purchased a new position in shares of Post during the 1st quarter valued at $29,000. Ashton Thomas Securities LLC purchased a new stake in shares of Post during the third quarter worth $33,000. Finally, Bessemer Group Inc. boosted its position in shares of Post by 263.8% in the first quarter. Bessemer Group Inc. now owns 342 shares of the company's stock valued at $36,000 after acquiring an additional 248 shares during the period. Institutional investors own 94.85% of the company's stock.

Post Stock Performance

NYSE:POST traded up $0.08 during mid-day trading on Wednesday, reaching $110.39. The company's stock had a trading volume of 775,975 shares, compared to its average volume of 522,572. The company has a current ratio of 2.36, a quick ratio of 1.56 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 stock has a market cap of $6.45 billion, a P/E ratio of 19.53 and a beta of 0.64. The firm's fifty day moving average price is $112.69 and its two-hundred day moving average price is $109.85.

Wall Street Analysts Forecast Growth

POST has been the topic of a number of research analyst reports. JPMorgan Chase & Co. increased their target price on Post from $118.00 to $125.00 and gave the company an "overweight" rating in a research note on Tuesday, August 6th. Evercore ISI raised their price objective on Post from $123.00 to $126.00 and gave the company an "outperform" rating in a report on Monday. Stifel Nicolaus boosted their target price on Post from $120.00 to $130.00 and gave the stock a "buy" rating in a research report on Monday, August 5th. Finally, Wells Fargo & Company reduced their price target 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. One research analyst has rated the stock with a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $124.17.

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.