Bridgewater Associates LP Lowers Stock Holdings in Post Holdings, Inc. (NYSE:POST)

Bridgewater Associates LP cut its holdings in shares of Post Holdings, Inc. (NYSE:POST) by 48.7% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 49,092 shares of the company’s stock after selling 46,541 shares during the quarter. Bridgewater Associates LP owned about 0.08% of Post worth $5,682,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently added to or reduced their stakes in the company. V Square Quantitative Management LLC acquired a new stake in shares of Post in the third quarter worth approximately $27,000. Opal Wealth Advisors LLC purchased a new position in Post during the second quarter worth approximately $27,000. Ashton Thomas Securities LLC acquired a new position in shares of Post in the 3rd quarter valued at $33,000. Point72 Asia Singapore Pte. Ltd. purchased a new stake in shares of Post during the 2nd quarter valued at $62,000. Finally, Versant Capital Management Inc increased its holdings in shares of Post by 5,283.3% during the 2nd quarter. Versant Capital Management Inc now owns 646 shares of the company’s stock worth $67,000 after buying an additional 634 shares during the last quarter. 94.85% of the stock is owned by institutional investors and hedge funds.

Post Stock Performance

Shares of NYSE:POST opened at $120.54 on Friday. The company has a market cap of $7.05 billion, a P/E ratio of 21.37 and a beta of 0.64. Post Holdings, Inc. has a one year low of $83.73 and a one year high of $121.07. The business’s 50-day simple moving average is $113.03 and its 200 day simple moving average is $110.40. The company has a debt-to-equity ratio of 1.66, a quick ratio of 1.56 and a current ratio of 2.36.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on the company. Stifel Nicolaus lifted their target price on Post from $120.00 to $130.00 and gave the company a “buy” rating in a report on Monday, August 5th. Wells Fargo & Company decreased their target price on 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 company an “outperform” rating in a report on Monday, November 18th. Finally, JPMorgan Chase & Co. boosted their price objective on shares of Post from $118.00 to $125.00 and gave the stock an “overweight” rating in a research note on Tuesday, August 6th. One research analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price 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.