Public Employees Retirement System of Ohio Lowers Stock Holdings in Post Holdings, Inc. (NYSE:POST)

Public Employees Retirement System of Ohio decreased its holdings in shares of Post Holdings, Inc. (NYSE:POST - Free Report) by 11.0% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 37,618 shares of the company's stock after selling 4,661 shares during the period. Public Employees Retirement System of Ohio owned 0.06% of Post worth $4,354,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Cerity Partners LLC increased its position in shares of Post by 46.6% during the third quarter. Cerity Partners LLC now owns 30,562 shares of the company's stock valued at $3,538,000 after acquiring an additional 9,711 shares in the last quarter. Acadian Asset Management LLC bought a new stake in shares of Post during the second quarter valued at approximately $1,824,000. Sanctuary Advisors LLC bought a new stake in shares of Post during the second quarter valued at approximately $510,000. Lecap Asset Management Ltd. bought a new stake in shares of Post during the second quarter valued at approximately $769,000. Finally, Point72 Asset Management L.P. increased its position in shares of Post by 51.4% during the second quarter. Point72 Asset Management L.P. now owns 1,237,165 shares of the company's stock valued at $128,863,000 after acquiring an additional 419,945 shares in the last quarter. Institutional investors own 94.85% of the company's stock.

Analysts Set New Price Targets

POST has been the subject of several analyst reports. Wells Fargo & Company reduced 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 report on Tuesday, November 19th. Evercore ISI raised 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, November 18th. One investment analyst has rated the stock with a hold rating and five have given a buy rating to the stock. According to MarketBeat, Post presently has an average rating of "Moderate Buy" and an average price target of $124.17.

Insiders Place Their Bets

In other news, SVP Bradly A. Harper sold 1,000 shares of Post stock in a transaction on Thursday, December 5th. The shares were sold at an average price of $120.09, for a total transaction of $120,090.00. Following the transaction, the senior vice president now owns 11,220 shares in the company, valued at $1,347,409.80. This trade represents a 8.18 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. 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 transaction, the chief executive officer now owns 70,501 shares in the company, valued at $8,540,491.14. This represents a 7.84 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 35,969 shares of company stock valued at $4,322,051. Company insiders own 10.70% of the company's stock.

Post Stock Performance

NYSE:POST traded down $2.63 during trading hours on Friday, reaching $117.13. The company had a trading volume of 1,868,671 shares, compared to its average volume of 655,423. 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 52 week low of $86.60 and a 52 week high of $125.84. The firm has a market cap of $6.81 billion, a price-to-earnings ratio of 20.77 and a beta of 0.66. The firm's 50 day moving average price is $113.80 and its 200-day moving average price is $111.41.

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.