Atria Investments Inc Raises Stake in Post Holdings, Inc. (NYSE:POST)

Atria Investments Inc boosted its holdings in shares of Post Holdings, Inc. (NYSE:POST) by 12.4% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 7,559 shares of the company’s stock after buying an additional 835 shares during the quarter. Atria Investments Inc’s holdings in Post were worth $875,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the business. BOKF NA raised its holdings in shares of Post by 1.7% during the first quarter. BOKF NA now owns 5,826 shares of the company’s stock worth $614,000 after purchasing an additional 97 shares during the last quarter. Truist Financial Corp raised its stake in shares of Post by 5.0% during the 2nd quarter. Truist Financial Corp now owns 2,376 shares of the company’s stock valued at $247,000 after buying an additional 114 shares during the last quarter. Commonwealth Equity Services LLC lifted its holdings in shares of Post by 2.4% in the 2nd quarter. Commonwealth Equity Services LLC now owns 5,002 shares of the company’s stock valued at $521,000 after buying an additional 117 shares during the period. CarsonAllaria Wealth Management Ltd. boosted its stake in shares of Post by 12.8% in the second quarter. CarsonAllaria Wealth Management Ltd. now owns 1,233 shares of the company’s stock worth $128,000 after buying an additional 140 shares during the last quarter. Finally, Mercer Global Advisors Inc. ADV grew its holdings in Post by 4.0% during the second quarter. Mercer Global Advisors Inc. ADV now owns 3,800 shares of the company’s stock worth $396,000 after acquiring an additional 146 shares during the period. 94.85% of the stock is currently owned by institutional investors and hedge funds.

Post Stock Performance

POST opened at $106.14 on Monday. The company has a market cap of $6.20 billion, a price-to-earnings ratio of 18.82 and a beta of 0.64. The firm’s fifty day simple moving average is $112.95 and its two-hundred day simple moving average is $109.73. The company has a quick ratio of 1.12, a current ratio of 2.05 and a debt-to-equity ratio of 1.62. Post Holdings, Inc. has a 52-week low of $82.86 and a 52-week high of $118.96.

Analysts Set New Price Targets

A number of research analysts have issued reports on POST shares. Stifel Nicolaus boosted their price target on Post from $120.00 to $130.00 and gave the company a “buy” rating in a report on Monday, August 5th. Wells Fargo & Company increased their price target on shares of Post from $108.00 to $120.00 and gave the stock an “equal weight” rating in a report on Monday, August 5th. Evercore ISI lifted their price objective on shares of Post from $122.00 to $123.00 and gave the company an “outperform” rating in a report on Monday, August 5th. Finally, JPMorgan Chase & Co. upped 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. One investment analyst has rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, Post currently has an average rating of “Moderate Buy” and a consensus price target of $124.33.

About Post

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.