TD Private Client Wealth LLC Grows Position in Post Holdings, Inc. (NYSE:POST)

TD Private Client Wealth LLC boosted its stake in Post Holdings, Inc. (NYSE:POST - Free Report) by 1,993.6% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 8,563 shares of the company's stock after purchasing an additional 8,154 shares during the period. TD Private Client Wealth LLC's holdings in Post were worth $991,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in POST. Cerity Partners LLC grew its holdings in shares of Post by 46.6% in the third quarter. Cerity Partners LLC now owns 30,562 shares of the company's stock worth $3,538,000 after acquiring an additional 9,711 shares during the period. Acadian Asset Management LLC bought a new stake in shares of Post during the 2nd quarter valued at about $1,824,000. Sanctuary Advisors LLC purchased a new stake in shares of Post during the 2nd quarter valued at about $510,000. Lecap Asset Management Ltd. bought a new position in shares of Post in the 2nd quarter worth approximately $769,000. Finally, Point72 Asset Management L.P. boosted its holdings in shares of Post by 51.4% in the second quarter. Point72 Asset Management L.P. now owns 1,237,165 shares of the company's stock worth $128,863,000 after buying an additional 419,945 shares during the last quarter. 94.85% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of brokerages have commented on POST. Evercore ISI upped their target price on shares of Post from $123.00 to $126.00 and gave the company an "outperform" rating in a report on Monday, November 18th. Wells Fargo & Company reduced their price objective on Post from $120.00 to $116.00 and set an "equal weight" rating for the company in a research note on Tuesday, November 19th. One investment analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $124.17.

Insiders Place Their Bets

In related news, SVP Bradly A. Harper sold 1,000 shares of the business's stock in a transaction that occurred on Thursday, December 5th. The stock was sold at an average price of $120.09, for a total value of $120,090.00. Following the transaction, the senior vice president now directly owns 11,220 shares of the company's stock, valued at approximately $1,347,409.80. The trade was a 8.18 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Nicolas Catoggio sold 6,000 shares of the stock in a transaction that occurred on Monday, December 2nd. The shares were sold at an average price of $121.14, for a total transaction of $726,840.00. Following the sale, 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 ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 35,969 shares of company stock worth $4,322,051. Corporate insiders own 10.70% of the company's stock.

Post Price Performance

Shares of NYSE POST traded down $2.63 during midday trading on Friday, reaching $117.13. The stock had a trading volume of 1,868,671 shares, compared to its average volume of 533,917. The company has a market capitalization of $6.81 billion, a price-to-earnings ratio of 20.76 and a beta of 0.66. Post Holdings, Inc. has a 12-month low of $86.60 and a 12-month high of $125.84. The stock has a 50-day moving average of $113.80 and a 200-day moving average of $111.32. The company has a debt-to-equity ratio of 1.66, a quick ratio of 1.56 and a current ratio of 2.36.

Post Company 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.