Sanctuary Advisors LLC Boosts Stake in Post Holdings, Inc. (NYSE:POST)

Sanctuary Advisors LLC raised its position in Post Holdings, Inc. (NYSE:POST) by 23.1% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 5,953 shares of the company’s stock after purchasing an additional 1,116 shares during the quarter. Sanctuary Advisors LLC’s holdings in Post were worth $689,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in POST. Point72 Asset Management L.P. boosted its stake in shares of Post by 51.4% in the second 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 during the period. Holocene Advisors LP boosted its position in Post by 21.0% in the 3rd quarter. Holocene Advisors LP now owns 1,405,298 shares of the company’s stock valued at $162,663,000 after buying an additional 244,221 shares during the period. Braun Stacey Associates Inc. purchased a new position in Post in the 3rd quarter valued at approximately $23,089,000. Allspring Global Investments Holdings LLC grew its stake in shares of Post by 901.9% in the third quarter. Allspring Global Investments Holdings LLC now owns 179,222 shares of the company’s stock worth $20,745,000 after acquiring an additional 161,334 shares in the last quarter. Finally, The Manufacturers Life Insurance Company raised its stake in shares of 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 Buying and Selling

In other Post news, SVP Bradly A. Harper sold 1,000 shares of the firm’s stock in a transaction that occurred on Thursday, December 5th. The shares were sold at an average price of $120.09, for a total transaction of $120,090.00. Following the sale, the senior vice president now owns 11,220 shares of the company’s stock, valued at approximately $1,347,409.80. This trade represents a 8.18 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Nicolas Catoggio sold 6,000 shares of the stock in a transaction on Monday, December 2nd. The shares were sold at an average price of $121.14, for a total transaction of $726,840.00. Following the completion of the transaction, the chief executive officer now directly owns 70,501 shares in the company, valued at $8,540,491.14. This trade represents a 7.84 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 35,969 shares of company stock worth $4,322,051 over the last 90 days. 11.40% of the stock is owned by insiders.

Post Stock Down 0.3 %

Shares of NYSE POST opened at $114.22 on Wednesday. The business has a 50-day moving average of $113.98 and a two-hundred day moving average of $111.84. The company has a market capitalization of $6.65 billion, a price-to-earnings ratio of 20.25 and a beta of 0.66. Post Holdings, Inc. has a 1 year low of $87.53 and a 1 year high of $125.84. The company has a debt-to-equity ratio of 1.66, a current ratio of 2.36 and a quick ratio of 1.56.

Analyst Ratings Changes

Several research analysts recently commented on POST shares. Wells Fargo & Company lowered their target price on Post from $120.00 to $116.00 and set an “equal weight” rating for the company in a research note on Tuesday, November 19th. Evercore ISI boosted their price objective on Post from $123.00 to $126.00 and gave the stock an “outperform” rating in a research report on Monday, November 18th. One equities research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to MarketBeat, the company 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.