Oddo BHF Asset Management Sas Invests $2.05 Million in Post Holdings, Inc. (NYSE:POST)

Oddo BHF Asset Management Sas purchased a new stake in Post Holdings, Inc. (NYSE:POST - Free Report) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 17,694 shares of the company's stock, valued at approximately $2,048,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of the company. V Square Quantitative Management LLC purchased a new stake in shares of Post in the 3rd quarter worth approximately $27,000. Ashton Thomas Securities LLC purchased a new stake in Post during the third quarter worth $33,000. Quarry LP lifted its holdings in Post by 244.9% during the third quarter. Quarry LP now owns 338 shares of the company's stock worth $39,000 after buying an additional 240 shares during the period. Point72 Asia Singapore Pte. Ltd. purchased a new position in shares of Post in the 2nd quarter valued at $62,000. Finally, Farther Finance Advisors LLC increased its holdings in shares of Post by 780.0% in the 3rd quarter. Farther Finance Advisors LLC now owns 704 shares of the company's stock valued at $81,000 after acquiring an additional 624 shares during the period. Institutional investors own 94.85% of the company's stock.

Wall Street Analysts Forecast Growth

POST has been the subject of a number of recent research reports. Wells Fargo & Company reduced their target price on shares of Post from $120.00 to $116.00 and set an "equal weight" rating for the company in a report on Tuesday, November 19th. Evercore ISI lifted their price objective 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. One research analyst has rated the stock with a hold rating and five have issued a buy rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $124.17.

Post Stock Down 2.2 %

NYSE POST traded down $2.63 during trading on Friday, hitting $117.13. The company's stock had a trading volume of 1,868,671 shares, compared to its average volume of 533,917. Post Holdings, Inc. has a fifty-two week low of $86.60 and a fifty-two week high of $125.84. The company has a market cap 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. The business's 50 day simple moving average is $113.80 and its 200-day simple moving average is $111.36.

Insider Transactions at Post

In other Post news, COO Jeff A. Zadoks sold 28,969 shares of the company's 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 sale, the chief operating officer now directly owns 67,788 shares of the company's stock, valued at approximately $8,131,848.48. This represents 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 this link. Also, CEO Nicolas Catoggio sold 6,000 shares of the business's stock in a transaction dated Monday, December 2nd. The shares were sold at an average price of $121.14, for a total value of $726,840.00. Following the completion of 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 position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 35,969 shares of company stock worth $4,322,051. Company insiders own 10.70% of the company's stock.

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.