Versant Capital Management Inc Grows Holdings in Post Holdings, Inc. (NYSE:POST)

Versant Capital Management Inc raised its position in Post Holdings, Inc. (NYSE:POST) by 71.3% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 930 shares of the company’s stock after purchasing an additional 387 shares during the period. Versant Capital Management Inc’s holdings in Post were worth $106,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Point72 Asset Management L.P. grew its stake in Post by 51.4% during the 2nd quarter. Point72 Asset Management L.P. now owns 1,237,165 shares of the company’s stock valued at $128,863,000 after purchasing an additional 419,945 shares in the last quarter. Holocene Advisors LP grew its position in shares of Post by 21.0% during the third quarter. Holocene Advisors LP now owns 1,405,298 shares of the company’s stock worth $162,663,000 after buying an additional 244,221 shares in the last quarter. Braun Stacey Associates Inc. acquired a new stake in shares of Post during the third quarter worth approximately $23,089,000. Allspring Global Investments Holdings LLC raised its holdings in Post by 901.9% in the third quarter. Allspring Global Investments Holdings LLC now owns 179,222 shares of the company’s stock valued at $20,745,000 after acquiring an additional 161,334 shares in the last quarter. Finally, The Manufacturers Life Insurance Company raised its holdings in Post by 352.0% in the third quarter. The Manufacturers Life Insurance Company now owns 196,193 shares of the company’s stock valued at $22,709,000 after acquiring an additional 152,791 shares in the last quarter. 94.85% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Post

In other news, COO Jeff A. Zadoks sold 28,969 shares of the business’s stock in a transaction on Wednesday, November 27th. The shares were sold at an average price of $119.96, for a total transaction of $3,475,121.24. Following the completion of the transaction, the chief operating officer now owns 67,788 shares of the company’s stock, valued at approximately $8,131,848.48. The trade was a 29.94 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, SVP Bradly A. Harper sold 1,000 shares of the stock in a transaction dated Thursday, December 5th. The stock was sold at an average price of $120.09, for a total transaction of $120,090.00. Following the completion of the sale, the senior vice president now directly owns 11,220 shares in the company, valued at approximately $1,347,409.80. This trade represents a 8.18 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 35,969 shares of company stock worth $4,322,051. 11.40% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on POST shares. Evercore ISI boosted their target price on shares of Post from $123.00 to $126.00 and gave the stock an “outperform” rating in a research report on Monday, November 18th. Wells Fargo & Company reduced their target price on Post from $120.00 to $116.00 and set an “equal weight” rating on the stock in a report on Tuesday, November 19th. One investment analyst has rated the stock with a hold rating and five have issued a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $124.17.

Post Price Performance

POST opened at $113.46 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 company’s 50-day moving average price is $114.03 and its 200 day moving average price is $112.45. Post Holdings, Inc. has a fifty-two week low of $90.34 and a fifty-two week high of $125.84. The firm has a market cap of $6.60 billion, a price-to-earnings ratio of 20.12 and a beta of 0.66.

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.