Schwab Charles Investment Management Inc. increased its holdings in Post Holdings Inc (NYSE:POST) by 11.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 241,397 shares of the company’s stock after acquiring an additional 24,148 shares during the period. Schwab Charles Investment Management Inc.’s holdings in Post were worth $19,126,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also bought and sold shares of POST. Affinity Wealth Management acquired a new stake in shares of Post in the 3rd quarter worth about $205,000. Virtu KCG Holdings LLC acquired a new stake in shares of Post in the 2nd quarter worth about $208,000. South State Corp acquired a new stake in shares of Post in the 3rd quarter worth about $208,000. Janus Henderson Group PLC acquired a new stake in shares of Post in the 2nd quarter worth about $210,000. Finally, ETRADE Capital Management LLC acquired a new stake in shares of Post in the 3rd quarter worth about $218,000.
Shares of Post Holdings Inc (POST) opened at $79.02 on Wednesday. The company has a debt-to-equity ratio of 2.47, a current ratio of 4.05 and a quick ratio of 3.27. The company has a market cap of $5,230.00, a PE ratio of -151.96, a price-to-earnings-growth ratio of 1.24 and a beta of -0.05. Post Holdings Inc has a one year low of $71.06 and a one year high of $89.04.
In related news, CFO Jeff A. Zadoks purchased 1,353 shares of the firm’s stock in a transaction dated Tuesday, February 6th. The stock was bought at an average price of $73.30 per share, for a total transaction of $99,174.90. Following the purchase, the chief financial officer now directly owns 7,668 shares in the company, valued at approximately $562,064.40. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director David W. Kemper purchased 2,500 shares of the firm’s stock in a transaction dated Thursday, November 30th. The shares were bought at an average price of $79.86 per share, with a total value of $199,650.00. Following the purchase, the director now owns 6,700 shares in the company, valued at $535,062. The disclosure for this purchase can be found here. In the last 90 days, insiders have bought 106,573 shares of company stock valued at $7,698,343. 7.40% of the stock is currently owned by company insiders.
A number of equities research analysts recently weighed in on the stock. Zacks Investment Research upgraded shares of Post from a “hold” rating to a “buy” rating and set a $83.00 target price on the stock in a report on Thursday, February 8th. Wells Fargo & Co decreased their price objective on shares of Post from $106.00 to $90.00 and set an “outperform” rating for the company in a research note on Tuesday, February 6th. They noted that the move was a valuation call. Vertical Group upgraded shares of Post from a “hold” rating to a “buy” rating in a research note on Monday, February 5th. Pivotal Research reiterated a “buy” rating and issued a $105.00 price objective on shares of Post in a research note on Friday, February 2nd. Finally, Citigroup set a $110.00 price objective on shares of Post and gave the company a “buy” rating in a research note on Monday, November 20th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and ten have assigned a buy rating to the stock. Post currently has a consensus rating of “Buy” and a consensus target price of $100.13.
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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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