Post Holdings, Inc. (NYSE:POST) Shares Purchased by Cohen Capital Management Inc.

Cohen Capital Management Inc. lifted its stake in Post Holdings, Inc. (NYSE:POST) by 0.6% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 82,135 shares of the company’s stock after acquiring an additional 500 shares during the period. Post accounts for approximately 1.5% of Cohen Capital Management Inc.’s holdings, making the stock its 22nd biggest position. Cohen Capital Management Inc. owned approximately 0.14% of Post worth $9,507,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Point72 Asset Management L.P. lifted 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 valued at $128,863,000 after buying an additional 419,945 shares during the period. Vanguard Group Inc. boosted its position in shares of Post by 6.7% during the 1st quarter. Vanguard Group Inc. now owns 5,288,249 shares of the company’s stock valued at $562,035,000 after purchasing an additional 332,811 shares in the last quarter. Allspring Global Investments Holdings LLC grew its stake in shares of Post by 901.9% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 179,222 shares of the company’s stock worth $20,745,000 after purchasing an additional 161,334 shares during the last quarter. Adams Diversified Equity Fund Inc. bought a new stake in shares of Post in the 3rd quarter worth approximately $14,480,000. Finally, F M Investments LLC acquired a new stake in Post during the second quarter valued at approximately $8,873,000. 94.85% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

POST has been the topic of several recent research reports. Wells Fargo & Company lifted their price target on shares of Post from $108.00 to $120.00 and gave the stock an “equal weight” rating in a research report on Monday, August 5th. Evercore ISI boosted their target price on Post from $122.00 to $123.00 and gave the stock an “outperform” rating in a research report on Monday, August 5th. JPMorgan Chase & Co. lifted their price target on Post from $118.00 to $125.00 and gave the stock an “overweight” rating in a research note on Tuesday, August 6th. Finally, Stifel Nicolaus upped their price objective on shares of Post from $120.00 to $130.00 and gave the company a “buy” rating in a research note on Monday, August 5th. One analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat, Post currently has a consensus rating of “Moderate Buy” and a consensus target price of $124.33.

Insider Buying and Selling at Post

In related news, Director Thomas C. Erb purchased 2,000 shares of the company’s stock in a transaction dated Tuesday, August 13th. The shares were acquired at an average cost of $112.94 per share, with a total value of $225,880.00. Following the completion of the purchase, the director now owns 35,475 shares of the company’s stock, valued at $4,006,546.50. The trade was a 0.00 % increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 10.70% of the company’s stock.

Post Stock Up 0.5 %

NYSE:POST opened at $109.71 on Monday. The business’s fifty day moving average price is $114.39 and its 200 day moving average price is $109.50. The firm has a market capitalization of $6.41 billion, a price-to-earnings ratio of 20.43 and a beta of 0.64. The company has a current ratio of 2.05, a quick ratio of 1.12 and a debt-to-equity ratio of 1.62. Post Holdings, Inc. has a 1-year low of $80.52 and a 1-year high of $118.96.

Post (NYSE:POST) last issued its earnings results on Thursday, August 1st. The company reported $1.54 earnings per share for the quarter, beating analysts’ consensus estimates of $1.21 by $0.33. Post had a return on equity of 10.91% and a net margin of 4.46%. The company had revenue of $1.95 billion for the quarter, compared to the consensus estimate of $2.02 billion. During the same quarter in the prior year, the company earned $1.52 EPS. The firm’s quarterly revenue was up 4.7% on a year-over-year basis. On average, sell-side analysts forecast that Post Holdings, Inc. will post 5.95 earnings per share for the current fiscal year.

Post 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.