Mutual of America Capital Management LLC cut its stake in Post Holdings, Inc. (NYSE:POST – Free Report) by 11.2% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 25,580 shares of the company’s stock after selling 3,213 shares during the period. Mutual of America Capital Management LLC’s holdings in Post were worth $2,961,000 as of its most recent SEC filing.
Several other large investors also recently bought and sold shares of the stock. Opal Wealth Advisors LLC purchased a new position in shares of Post during the second quarter worth approximately $27,000. V Square Quantitative Management LLC purchased a new position in Post during the 3rd quarter worth $27,000. New Covenant Trust Company N.A. purchased a new position in Post during the 1st quarter worth $29,000. Ashton Thomas Securities LLC acquired a new position in Post in the third quarter valued at $33,000. Finally, Bessemer Group Inc. raised its holdings in shares of Post by 263.8% in the first quarter. Bessemer Group Inc. now owns 342 shares of the company’s stock valued at $36,000 after buying an additional 248 shares during the last quarter. Institutional investors and hedge funds own 94.85% of the company’s stock.
Wall Street Analyst Weigh In
Several equities analysts recently 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 research report on Monday, August 5th. JPMorgan Chase & Co. boosted their target price on Post from $118.00 to $125.00 and gave the company an “overweight” rating in a report on Tuesday, August 6th. Wells Fargo & Company decreased their price target on Post from $120.00 to $116.00 and set an “equal weight” rating for the company in a report on Tuesday, November 19th. Finally, Evercore ISI boosted their price objective on shares of Post from $123.00 to $126.00 and gave the company an “outperform” rating in a research note on Monday, November 18th. 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, the company currently has a consensus rating of “Moderate Buy” and an average target price of $124.17.
Post Stock Up 2.5 %
POST opened at $115.80 on Friday. The company has a debt-to-equity ratio of 1.66, a current ratio of 2.36 and a quick ratio of 1.56. Post Holdings, Inc. has a 12 month low of $83.73 and a 12 month high of $118.96. The stock has a market capitalization of $6.77 billion, a P/E ratio of 20.53 and a beta of 0.64. The business has a 50 day simple moving average of $112.58 and a 200-day simple moving average of $109.94.
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.
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