Commonwealth of Pennsylvania Public School Empls Retrmt SYS cut its holdings in shares of Post Holdings, Inc. (NYSE:POST – Free Report) by 1.3% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 24,149 shares of the company’s stock after selling 314 shares during the quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Post were worth $2,170,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also bought and sold shares of POST. Advisor Group Holdings Inc. raised its holdings in Post by 14.9% during the first quarter. Advisor Group Holdings Inc. now owns 3,011 shares of the company’s stock valued at $215,000 after acquiring an additional 391 shares during the period. HighTower Advisors LLC raised its holdings in Post by 16.1% during the first quarter. HighTower Advisors LLC now owns 3,241 shares of the company’s stock valued at $225,000 after acquiring an additional 450 shares during the period. PNC Financial Services Group Inc. increased its holdings in shares of Post by 136.7% in the first quarter. PNC Financial Services Group Inc. now owns 6,553 shares of the company’s stock worth $454,000 after purchasing an additional 3,784 shares during the last quarter. Bank of Montreal Can increased its holdings in shares of Post by 545.8% in the first quarter. Bank of Montreal Can now owns 32,425 shares of the company’s stock worth $2,222,000 after purchasing an additional 27,404 shares during the last quarter. Finally, MetLife Investment Management LLC increased its holdings in shares of Post by 29.8% in the first quarter. MetLife Investment Management LLC now owns 36,813 shares of the company’s stock worth $2,550,000 after purchasing an additional 8,444 shares during the last quarter. 89.90% of the stock is owned by institutional investors.
Post Stock Performance
Shares of POST stock opened at $87.59 on Friday. The business’s fifty day simple moving average is $86.71 and its 200-day simple moving average is $88.33. The company has a market cap of $5.36 billion, a PE ratio of 17.04 and a beta of 0.69. The company has a current ratio of 2.06, a quick ratio of 1.08 and a debt-to-equity ratio of 1.56. Post Holdings, Inc. has a 12-month low of $80.39 and a 12-month high of $98.84.
Insider Activity
In other Post news, Director Ellen F. Harshman sold 400 shares of the company’s stock in a transaction on Monday, June 5th. The shares were sold at an average price of $85.60, for a total value of $34,240.00. Following the sale, the director now directly owns 10,272 shares of the company’s stock, valued at $879,283.20. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. In other Post news, SVP Bradly A. Harper sold 1,965 shares of the company’s stock in a transaction on Wednesday, May 24th. The shares were sold at an average price of $86.31, for a total value of $169,599.15. Following the sale, the senior vice president now directly owns 7,887 shares of the company’s stock, valued at $680,726.97. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Ellen F. Harshman sold 400 shares of the company’s stock in a transaction on Monday, June 5th. The shares were sold at an average price of $85.60, for a total transaction of $34,240.00. Following the completion of the sale, the director now directly owns 10,272 shares in the company, valued at $879,283.20. The disclosure for this sale can be found here. Corporate insiders own 10.70% of the company’s stock.
Analysts Set New Price Targets
POST has been the topic of several research reports. Evercore ISI lifted their target price on Post from $105.00 to $108.00 and gave the stock an “outperform” rating in a report on Monday, August 7th. StockNews.com initiated coverage on Post in a report on Thursday. They issued a “hold” rating on the stock. Finally, Barclays initiated coverage on Post in a report on Tuesday, May 2nd. They issued an “overweight” rating on the stock. Four investment analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat, Post has an average rating of “Moderate Buy” and an average target price of $103.00.
Check Out Our Latest Analysis on POST
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) cereal, hot cereal, and peanut and nut butter.
Featured Articles
- Five stocks we like better than Post
- How to Invest in Energy
- 7 Best Bear Market ETFs to Battle a Market Decline
- Best Restaurant Stocks to Invest in Now
- How to Invest in Wheat: Is it a Hedge Against Inflation?
- With Risk Tolerance, One Size Does Not Fit All
- Walmart Wins the Retail Wars: Target is Losing Ground
Receive News & Ratings for Post Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Post and related companies with MarketBeat.com's FREE daily email newsletter.
