Geode Capital Management LLC Has $92.77 Million Stock Position in Post Holdings, Inc. (NYSE:POST)

Geode Capital Management LLC decreased its stake in shares of Post Holdings, Inc. (NYSE:POST - Free Report) by 2.6% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 801,270 shares of the company's stock after selling 21,122 shares during the period. Geode Capital Management LLC owned approximately 1.37% of Post worth $92,772,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in POST. Dimensional Fund Advisors LP boosted its stake in Post by 0.9% during the second quarter. Dimensional Fund Advisors LP now owns 3,063,104 shares of the company's stock valued at $319,052,000 after buying an additional 27,448 shares in the last quarter. Holocene Advisors LP boosted its position in shares of Post by 21.0% during the 3rd quarter. Holocene Advisors LP now owns 1,405,298 shares of the company's stock valued at $162,663,000 after purchasing an additional 244,221 shares in the last quarter. Point72 Asset Management L.P. grew its stake in shares of Post by 51.4% in the 2nd quarter. Point72 Asset Management L.P. now owns 1,237,165 shares of the company's stock worth $128,863,000 after purchasing an additional 419,945 shares during the last quarter. Thompson Siegel & Walmsley LLC grew its stake in shares of Post by 3.8% in the 2nd quarter. Thompson Siegel & Walmsley LLC now owns 874,320 shares of the company's stock worth $91,069,000 after purchasing an additional 32,188 shares during the last quarter. Finally, Victory Capital Management Inc. raised its holdings in shares of Post by 1.3% in the 3rd quarter. Victory Capital Management Inc. now owns 226,512 shares of the company's stock worth $26,219,000 after purchasing an additional 2,879 shares in the last quarter. 94.85% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on POST shares. Evercore ISI lifted their price target on shares of Post from $123.00 to $126.00 and gave the stock an "outperform" rating in a research report on Monday, November 18th. Wells Fargo & Company decreased their target price on Post from $120.00 to $116.00 and set an "equal weight" rating on the stock in a report on Tuesday, November 19th. One investment analyst has rated the stock with a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $124.17.

Insider Activity

In other news, COO Jeff A. Zadoks sold 28,969 shares of the business's stock in a transaction on Wednesday, November 27th. The shares were sold at an average price of $119.96, for a total transaction of $3,475,121.24. Following the transaction, the chief operating officer now directly owns 67,788 shares in the company, valued at $8,131,848.48. The trade was a 29.94 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Nicolas Catoggio sold 6,000 shares of the stock in a transaction on Monday, December 2nd. The stock was sold at an average price of $121.14, for a total value of $726,840.00. Following the sale, the chief executive officer now owns 70,501 shares of the company's stock, valued at approximately $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. Over the last quarter, insiders have sold 35,969 shares of company stock worth $4,322,051. 11.40% of the stock is owned by corporate insiders.

Post Trading Up 0.4 %

NYSE POST traded up $0.48 on Friday, hitting $114.85. 1,581,524 shares of the stock were exchanged, compared to its average volume of 543,368. The company's 50-day moving average price is $113.99 and its two-hundred day moving average price is $111.68. The company has a debt-to-equity ratio of 1.66, a current ratio of 2.36 and a quick ratio of 1.56. Post Holdings, Inc. has a 52-week low of $87.14 and a 52-week high of $125.84. The company has a market capitalization of $6.68 billion, a price-to-earnings ratio of 20.36 and a beta of 0.66.

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.