Everett Harris & Co. CA Reduces Holdings in Post Holdings, Inc. (NYSE:POST)

Everett Harris & Co. CA lessened its holdings in Post Holdings, Inc. (NYSE:POST) by 15.4% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 3,307 shares of the company’s stock after selling 600 shares during the period. Everett Harris & Co. CA’s holdings in Post were worth $383,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of POST. Los Angeles Capital Management LLC acquired a new stake in shares of Post during the first quarter valued at $3,070,000. Park Avenue Securities LLC grew its holdings in shares of Post by 6.5% during the first quarter. Park Avenue Securities LLC now owns 6,172 shares of the company’s stock worth $656,000 after buying an additional 379 shares in the last quarter. Gateway Investment Advisers LLC raised its position in shares of Post by 4.8% in the first quarter. Gateway Investment Advisers LLC now owns 15,699 shares of the company’s stock valued at $1,668,000 after buying an additional 712 shares during the last quarter. Atlas Capital Advisors LLC purchased a new position in shares of Post during the first quarter valued at approximately $261,000. Finally, Allspring Global Investments Holdings LLC boosted its position in Post by 761.0% during the first quarter. Allspring Global Investments Holdings LLC now owns 18,547 shares of the company’s stock worth $1,971,000 after acquiring an additional 16,393 shares during the last quarter. 94.85% of the stock is currently owned by institutional investors and hedge funds.

Post Trading Down 0.6 %

Shares of POST opened at $115.21 on Friday. Post Holdings, Inc. has a twelve month low of $79.78 and a twelve month high of $118.96. The firm has a market capitalization of $6.73 billion, a P/E ratio of 21.45 and a beta of 0.63. The company has a current ratio of 2.05, a quick ratio of 1.12 and a debt-to-equity ratio of 1.62. The stock’s fifty day simple moving average is $115.03 and its 200 day simple moving average is $108.78.

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

Insider Activity at Post

In other Post news, Director Thomas C. Erb purchased 2,000 shares of Post stock in a transaction on Tuesday, August 13th. The shares were purchased at an average cost of $112.94 per share, with a total value of $225,880.00. Following the completion of the transaction, the director now directly owns 35,475 shares in the company, valued at approximately $4,006,546.50. This represents a 0.00 % increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 10.70% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several research analysts have weighed in on the company. Stifel Nicolaus boosted their price target on Post from $120.00 to $130.00 and gave the company a “buy” rating in a report on Monday, August 5th. JPMorgan Chase & Co. upped 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. Evercore ISI raised their price target on Post from $122.00 to $123.00 and gave the stock an “outperform” rating in a research note on Monday, August 5th. Finally, Wells Fargo & Company upped their price objective on shares of Post from $108.00 to $120.00 and gave the company an “equal weight” rating in a research note on Monday, August 5th. One investment analyst has rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to MarketBeat.com, Post presently has an average rating of “Moderate Buy” and a consensus price target of $124.33.

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.