Natixis Advisors LLC increased its stake in Post Holdings, Inc. (NYSE:POST - Free Report) by 13.8% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 141,767 shares of the company's stock after buying an additional 17,229 shares during the quarter. Natixis Advisors LLC owned approximately 0.24% of Post worth $16,409,000 as of its most recent SEC filing.
Several other large investors also recently made changes to their positions in the stock. Opal Wealth Advisors LLC bought a new stake in Post during the 2nd quarter worth approximately $27,000. V Square Quantitative Management LLC bought a new position in Post during the third quarter worth $27,000. New Covenant Trust Company N.A. bought a new position in Post during the first quarter worth $29,000. Ashton Thomas Securities LLC bought a new position in Post during the third quarter worth $33,000. Finally, Bessemer Group Inc. raised its stake in Post by 263.8% during the first quarter. Bessemer Group Inc. now owns 342 shares of the company's stock worth $36,000 after buying an additional 248 shares during the last quarter. Institutional investors and hedge funds own 94.85% of the company's stock.
Analysts Set New Price Targets
POST has been the subject of several recent research reports. Wells Fargo & Company decreased their target price on shares of Post from $120.00 to $116.00 and set an "equal weight" rating for the company in a research report on Tuesday. Stifel Nicolaus boosted their target price on shares of Post from $120.00 to $130.00 and gave the company a "buy" rating in a research note on Monday, August 5th. JPMorgan Chase & Co. boosted their target price on shares of Post from $118.00 to $125.00 and gave the company an "overweight" rating in a research note on Tuesday, August 6th. Finally, Evercore ISI boosted their price target on shares of Post from $123.00 to $126.00 and gave the company an "outperform" rating in a research report on Monday. One investment analyst has rated the stock with a hold rating and five have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, Post presently has a consensus rating of "Moderate Buy" and an average price target of $124.17.
Read Our Latest Report on Post
Post Stock Up 0.5 %
NYSE:POST traded up $0.50 on Wednesday, reaching $110.81. 325,457 shares of the stock traded hands, compared to its average volume of 520,463. The company's fifty day simple moving average is $112.69 and its 200 day simple moving average is $109.85. The company has a current ratio of 2.36, a quick ratio of 1.56 and a debt-to-equity ratio of 1.66. The company has a market capitalization of $6.47 billion, a price-to-earnings ratio of 19.53 and a beta of 0.64. Post Holdings, Inc. has a 12 month low of $83.73 and a 12 month high of $118.96.
Post Profile
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Free Report)
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.
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