Martingale Asset Management L P Lowers Stock Position in Post Holdings, Inc. (NYSE:POST)

Martingale Asset Management L P lowered its holdings in shares of Post Holdings, Inc. (NYSE:POST) by 7.1% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 23,547 shares of the company’s stock after selling 1,802 shares during the period. Martingale Asset Management L P’s holdings in Post were worth $2,726,000 as of its most recent filing with the SEC.

A number of other large investors have also bought and sold shares of POST. Opal Wealth Advisors LLC bought a new position in Post during the 2nd quarter valued at about $27,000. V Square Quantitative Management LLC bought a new position in Post in the 3rd quarter worth $27,000. Ashton Thomas Securities LLC bought a new stake in shares of Post during the third quarter valued at approximately $33,000. Point72 Asia Singapore Pte. Ltd. purchased a new position in shares of Post during the second quarter valued at about $62,000. Finally, Versant Capital Management Inc increased its stake in Post by 5,283.3% in the 2nd quarter. Versant Capital Management Inc now owns 646 shares of the company’s stock worth $67,000 after acquiring an additional 634 shares during the last quarter. 94.85% of the stock is owned by hedge funds and other institutional investors.

Post Stock Up 0.9 %

NYSE POST opened at $120.48 on Friday. The company has a quick ratio of 1.56, a current ratio of 2.36 and a debt-to-equity ratio of 1.66. The firm has a market cap of $7.04 billion, a PE ratio of 21.36 and a beta of 0.64. The business’s fifty day simple moving average is $113.03 and its 200-day simple moving average is $110.43. Post Holdings, Inc. has a 52 week low of $83.73 and a 52 week high of $121.07.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on the stock. Wells Fargo & Company reduced their target price on shares of Post from $120.00 to $116.00 and set an “equal weight” rating on the stock in a research note on Tuesday, November 19th. JPMorgan Chase & Co. upped their price target 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 boosted their price objective on shares of Post from $123.00 to $126.00 and gave the stock an “outperform” rating in a research note on Monday, November 18th. Finally, Stifel Nicolaus increased their price objective on shares of Post from $120.00 to $130.00 and gave the company a “buy” rating in a research report on Monday, August 5th. One investment analyst has rated the stock with a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $124.17.

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.