Public Employees Retirement System of Ohio decreased its position in Post Holdings Inc (NYSE:POST) by 1.0% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 46,314 shares of the company’s stock after selling 454 shares during the quarter. Public Employees Retirement System of Ohio owned about 0.06% of Post worth $4,815,000 at the end of the most recent reporting period.
Several other institutional investors have also recently made changes to their positions in POST. Advisory Services Network LLC lifted its holdings in shares of Post by 100.0% in the second quarter. Advisory Services Network LLC now owns 266 shares of the company’s stock valued at $28,000 after buying an additional 133 shares during the period. Steward Partners Investment Advisory LLC acquired a new stake in shares of Post in the second quarter valued at $38,000. NEXT Financial Group Inc acquired a new stake in shares of Post during the second quarter worth $65,000. SRS Capital Advisors Inc. acquired a new stake in shares of Post during the second quarter worth $66,000. Finally, First Interstate Bank acquired a new stake in shares of Post during the second quarter worth $75,000. Institutional investors and hedge funds own 90.81% of the company’s stock.
NYSE:POST traded up $1.21 during trading hours on Friday, hitting $107.19. 10,227 shares of the company’s stock traded hands, compared to its average volume of 657,233. The firm has a market cap of $7.74 billion, a P/E ratio of 26.27, a P/E/G ratio of 3.17 and a beta of 0.36. Post Holdings Inc has a twelve month low of $83.88 and a twelve month high of $113.73. The company has a debt-to-equity ratio of 1.97, a quick ratio of 1.23 and a current ratio of 2.02. The stock’s fifty day moving average price is $101.63 and its two-hundred day moving average price is $105.39.
In other Post news, insider Mark W. Westphal purchased 2,000 shares of the company’s stock in a transaction that occurred on Thursday, August 29th. The shares were purchased at an average cost of $98.13 per share, with a total value of $196,260.00. Following the completion of the transaction, the insider now owns 40,703 shares of the company’s stock, valued at $3,994,185.39. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 8.10% of the stock is currently owned by insiders.
POST has been the topic of a number of recent analyst reports. Piper Jaffray Companies lowered Post from an “overweight” rating to a “neutral” rating in a research report on Friday, July 19th. Zacks Investment Research lowered Post from a “hold” rating to a “sell” rating in a research report on Thursday, July 4th. ValuEngine lowered Post from a “buy” rating to a “hold” rating in a research report on Thursday, August 1st. Finally, Evercore ISI initiated coverage on Post in a research report on Tuesday, June 11th. They set an “outperform” rating and a $125.00 target price on the stock. One analyst has rated the stock with a sell rating, two have issued a hold rating and nine have given a buy rating to the stock. Post has a consensus rating of “Buy” and an average price target of $122.00.
Post Holdings, Inc operates as a consumer packaged goods holding company in the United States and internationally. It operates through Post Consumer Brands, Weetabix, Refrigerated Food, and Active Nutrition segments. The Post Consumer Brands segment manufactures, markets, and sells branded and private label ready-to-eat (RTE) cereal and hot cereal products.
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