Post Holdings, Inc. (NYSE:POST) Shares Bought by Nordea Investment Management AB

Nordea Investment Management AB boosted its holdings in shares of Post Holdings, Inc. (NYSE:POST) by 5.3% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 49,502 shares of the company’s stock after purchasing an additional 2,480 shares during the period. Nordea Investment Management AB’s holdings in Post were worth $5,686,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in POST. Point72 Asset Management L.P. lifted its stake in Post by 51.4% in 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 buying an additional 419,945 shares in the last quarter. Holocene Advisors LP increased its holdings in shares of Post by 21.0% during the 3rd 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 during the last quarter. Braun Stacey Associates Inc. acquired a new stake in shares of Post during the 3rd quarter worth approximately $23,089,000. Allspring Global Investments Holdings LLC increased its holdings in shares of Post by 901.9% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 179,222 shares of the company’s stock worth $20,745,000 after buying an additional 161,334 shares during the last quarter. Finally, The Manufacturers Life Insurance Company increased its holdings in shares of Post by 352.0% during the 3rd quarter. The Manufacturers Life Insurance Company now owns 196,193 shares of the company’s stock worth $22,709,000 after buying an additional 152,791 shares during the last quarter. 94.85% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

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

Insider Activity at Post

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 value of $120,090.00. Following the completion of the transaction, the senior vice president now owns 11,220 shares of the company’s stock, valued at $1,347,409.80. This trade represents a 8.18 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CEO Nicolas Catoggio sold 6,000 shares of the firm’s stock in a transaction that occurred 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 of the company’s stock, valued at $8,540,491.14. This represents a 7.84 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 35,969 shares of company stock worth $4,322,051. Insiders own 11.40% of the company’s stock.

Post Stock Down 1.6 %

Post stock opened at $105.80 on Friday. Post Holdings, Inc. has a fifty-two week low of $91.09 and a fifty-two week high of $125.84. The company has a debt-to-equity ratio of 1.66, a quick ratio of 1.56 and a current ratio of 2.36. The firm has a 50 day moving average price of $113.81 and a 200 day moving average price of $112.61. The company has a market capitalization of $6.16 billion, a PE ratio of 18.76 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.