New York State Common Retirement Fund decreased its stake in shares of Post Holdings Inc (NYSE:POST) by 1.1% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 257,484 shares of the company’s stock after selling 2,991 shares during the period. New York State Common Retirement Fund owned about 0.39% of Post worth $22,728,000 at the end of the most recent quarter.
Several other large investors also recently made changes to their positions in the stock. IndexIQ Advisors LLC boosted its position in Post by 0.3% in the second quarter. IndexIQ Advisors LLC now owns 1,485 shares of the company’s stock worth $115,000 after purchasing an additional 4 shares during the last quarter. Dorsey & Whitney Trust CO LLC boosted its position in Post by 2.2% in the second quarter. Dorsey & Whitney Trust CO LLC now owns 2,744 shares of the company’s stock worth $213,000 after purchasing an additional 60 shares during the last quarter. Utah Retirement Systems boosted its position in Post by 0.8% in the second quarter. Utah Retirement Systems now owns 11,900 shares of the company’s stock worth $924,000 after purchasing an additional 100 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its position in Post by 9.5% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,194 shares of the company’s stock worth $170,000 after purchasing an additional 190 shares during the last quarter. Finally, Raymond James Trust N.A. boosted its position in Post by 6.6% in the second quarter. Raymond James Trust N.A. now owns 3,484 shares of the company’s stock worth $270,000 after purchasing an additional 217 shares during the last quarter.
Shares of Post Holdings Inc (NYSE:POST) traded down $0.05 on Wednesday, hitting $78.33. The company’s stock had a trading volume of 250,436 shares, compared to its average volume of 803,387. The company has a market capitalization of $5,204.31, a price-to-earnings ratio of 29.37, a PEG ratio of 2.06 and a beta of 0.09. The company has a debt-to-equity ratio of 2.56, a quick ratio of 2.90 and a current ratio of 3.71. Post Holdings Inc has a 52-week low of $75.76 and a 52-week high of $89.04.
In other news, Director David W. Kemper bought 2,500 shares of the stock in a transaction on Thursday, November 30th. The shares were purchased at an average cost of $79.86 per share, for a total transaction of $199,650.00. Following the completion of the purchase, the director now directly owns 6,700 shares in the company, valued at approximately $535,062. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 7.00% of the company’s stock.
Several research analysts have weighed in on POST shares. BMO Capital Markets raised Post from a “market perform” rating to an “outperform” rating and set a $106.00 price objective on the stock in a research report on Wednesday, September 20th. Citigroup set a $110.00 price objective on Post and gave the stock a “buy” rating in a research report on Monday, November 20th. Pivotal Research reissued a “buy” rating and issued a $105.00 price objective on shares of Post in a research report on Wednesday, September 20th. Zacks Investment Research upgraded Post from a “hold” rating to a “buy” rating and set a $92.00 target price on the stock in a research note on Saturday, October 28th. Finally, BidaskClub lowered Post from a “hold” rating to a “sell” rating in a research note on Saturday, October 21st. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and eight have given a buy rating to the stock. The company has an average rating of “Buy” and an average price target of $103.25.
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Post Company Profile
Post Holdings, Inc is a consumer packaged goods holding company. The Company operates through four segments, namely, Post Consumer Brands, Michael Foods Group, Active Nutrition and Private Brands. The Company’s Post Consumer Brands segment includes the Post Foods branded ready-to-eat cereal operations and the business of MOM Brands.
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