EULAV Asset Management Buys 34,000 Shares of Post Holdings, Inc. (NYSE:POST)

EULAV Asset Management lifted its stake in shares of Post Holdings, Inc. (NYSE:POST) by 26.0% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 164,600 shares of the company’s stock after buying an additional 34,000 shares during the period. EULAV Asset Management owned about 0.28% of Post worth $19,052,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Opal Wealth Advisors LLC purchased a new stake in shares of Post in the second quarter valued at about $27,000. V Square Quantitative Management LLC bought a new position in shares of Post during the 3rd quarter worth approximately $27,000. New Covenant Trust Company N.A. purchased a new position in shares of Post in the 1st quarter worth approximately $29,000. Ashton Thomas Securities LLC purchased a new stake in shares of Post during the third quarter valued at approximately $33,000. Finally, Bessemer Group Inc. lifted its holdings in Post by 263.8% during the first quarter. Bessemer Group Inc. now owns 342 shares of the company’s stock worth $36,000 after acquiring an additional 248 shares during the period. 94.85% of the stock is owned by hedge funds and other institutional investors.

Post Price Performance

POST stock opened at $110.30 on Wednesday. The firm’s fifty day moving average is $112.79 and its 200 day moving average is $109.79. The company has a debt-to-equity ratio of 1.66, a quick ratio of 1.56 and a current ratio of 2.36. Post Holdings, Inc. has a 52 week low of $83.73 and a 52 week high of $118.96. The firm has a market cap of $6.44 billion, a P/E ratio of 19.56 and a beta of 0.64.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on the company. Wells Fargo & Company decreased their target price on Post from $120.00 to $116.00 and set an “equal weight” rating for the company in a research report on Tuesday. JPMorgan Chase & Co. lifted their price objective on shares of Post from $118.00 to $125.00 and gave the stock an “overweight” rating in a research report on Tuesday, August 6th. Evercore ISI raised their price target on shares of Post from $123.00 to $126.00 and gave the stock an “outperform” rating in a research note on Monday. Finally, Stifel Nicolaus increased their price objective on Post from $120.00 to $130.00 and gave the company a “buy” rating in a report on Monday, August 5th. One investment analyst has rated the stock with a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $124.17.

Post Company 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.