Sanctuary Advisors LLC Makes New $510,000 Investment in Post Holdings, Inc. (NYSE:POST)

Sanctuary Advisors LLC acquired a new stake in shares of Post Holdings, Inc. (NYSE:POST) during the 2nd quarter, Holdings Channel.com reports. The institutional investor acquired 4,837 shares of the company’s stock, valued at approximately $510,000.

A number of other large investors also recently modified their holdings of POST. Meyer Handelman Co. bought a new position in Post during the first quarter valued at approximately $1,010,000. Janney Montgomery Scott LLC purchased a new position in Post in the 1st quarter worth $605,000. Quadrature Capital Ltd lifted its stake in Post by 133.9% in the first quarter. Quadrature Capital Ltd now owns 23,586 shares of the company’s stock worth $2,506,000 after purchasing an additional 13,503 shares during the last quarter. Vanguard Group Inc. boosted its position in Post by 6.7% during the first quarter. Vanguard Group Inc. now owns 5,288,249 shares of the company’s stock valued at $562,035,000 after buying an additional 332,811 shares during the period. Finally, Cetera Investment Advisers grew its stake in shares of Post by 664.8% during the first quarter. Cetera Investment Advisers now owns 25,405 shares of the company’s stock valued at $2,700,000 after buying an additional 22,083 shares during the last quarter. 94.85% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on POST shares. JPMorgan Chase & Co. boosted their target price on Post from $118.00 to $125.00 and gave the company an “overweight” rating in a research note on Tuesday, August 6th. Wells Fargo & Company increased their price objective on Post from $108.00 to $120.00 and gave the company an “equal weight” rating in a research note on Monday, August 5th. Evercore ISI raised their target price on shares of Post from $122.00 to $123.00 and gave the stock an “outperform” rating in a report on Monday, August 5th. Finally, Stifel Nicolaus increased their price target 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 equities research 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, the company currently has an average rating of “Moderate Buy” and a consensus price target of $124.33.

Post Price Performance

POST opened at $115.72 on Wednesday. The stock’s 50 day moving average price is $114.80 and its 200-day moving average price is $108.58. Post Holdings, Inc. has a 52-week low of $79.78 and a 52-week high of $118.96. The stock has a market capitalization of $7.01 billion, a PE ratio of 22.17 and a beta of 0.63. The company has a debt-to-equity ratio of 1.62, a quick ratio of 1.12 and a current ratio of 2.05.

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

Insider Buying and Selling

In other news, Director Thomas C. Erb acquired 2,000 shares of the business’s stock in a transaction on 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 transaction, the director now owns 35,475 shares in the company, valued at $4,006,546.50. The trade was a 0.00 % increase in their position. The acquisition was disclosed in a filing with the SEC, which can be accessed through this link. 10.70% of the stock is owned by insiders.

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.