London Co. of Virginia reduced its position in shares of Post Holdings Inc (NYSE:POST) by 5.4% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 758,774 shares of the company’s stock after selling 43,315 shares during the quarter. London Co. of Virginia’s holdings in Post were worth $60,118,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also recently modified their holdings of POST. Signature Estate & Investment Advisors LLC boosted its stake in shares of Post by 10.5% during the 4th quarter. Signature Estate & Investment Advisors LLC now owns 8,057 shares of the company’s stock worth $638,000 after acquiring an additional 763 shares in the last quarter. Janus Henderson Group PLC boosted its stake in shares of Post by 33.3% during the 3rd quarter. Janus Henderson Group PLC now owns 3,600 shares of the company’s stock worth $318,000 after acquiring an additional 900 shares in the last quarter. Pacer Advisors Inc. boosted its stake in shares of Post by 11.3% during the 3rd quarter. Pacer Advisors Inc. now owns 10,766 shares of the company’s stock worth $950,000 after acquiring an additional 1,092 shares in the last quarter. Tower Research Capital LLC TRC boosted its stake in shares of Post by 734.8% during the 4th quarter. Tower Research Capital LLC TRC now owns 1,319 shares of the company’s stock worth $105,000 after acquiring an additional 1,161 shares in the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in shares of Post by 53.8% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,375 shares of the company’s stock worth $267,000 after acquiring an additional 1,181 shares in the last quarter.
Shares of Post Holdings Inc (NYSE POST) opened at $75.78 on Thursday. The company has a market capitalization of $5,319.70, a price-to-earnings ratio of 26.33, a PEG ratio of 1.22 and a beta of -0.05. The company has a quick ratio of 3.27, a current ratio of 4.05 and a debt-to-equity ratio of 2.47. Post Holdings Inc has a 12-month low of $71.06 and a 12-month high of $89.04.
In other news, CFO Jeff A. Zadoks acquired 1,353 shares of the business’s stock in a transaction that occurred on Tuesday, February 6th. The stock was acquired at an average cost of $73.30 per share, for a total transaction of $99,174.90. Following the completion of the acquisition, the chief financial officer now owns 7,668 shares in the company, valued at $562,064.40. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Robert V. Vitale acquired 2,720 shares of the business’s stock in a transaction that occurred on Tuesday, February 6th. The shares were purchased at an average price of $73.72 per share, with a total value of $200,518.40. Following the completion of the acquisition, the chief executive officer now owns 268,058 shares of the company’s stock, valued at approximately $19,761,235.76. The disclosure for this purchase can be found here. In the last ninety days, insiders bought 104,073 shares of company stock valued at $7,498,693. 7.40% of the stock is currently owned by insiders.
Several research firms have recently weighed in on POST. Zacks Investment Research raised Post from a “hold” rating to a “buy” rating and set a $83.00 price objective for the company in a research note on Thursday, February 8th. Wells Fargo & Co reduced their price objective on Post from $106.00 to $90.00 and set an “outperform” rating for the company in a research note on Tuesday, February 6th. They noted that the move was a valuation call. Vertical Group raised Post from a “hold” rating to a “buy” rating in a research note on Monday, February 5th. Pivotal Research reaffirmed a “buy” rating and issued a $105.00 target price on shares of Post in a research report on Friday, February 2nd. Finally, Citigroup set a $110.00 target price on Post and gave the stock a “buy” rating in a research report on Monday, November 20th. One research analyst has rated the stock with a sell rating, one has given a hold rating and ten have assigned a buy rating to the stock. The stock currently has an average rating of “Buy” and an average target price of $100.13.
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Post Holdings, Inc is a consumer packaged goods holding company. The Company operates through four segments, namely, Post Consumer Brands, Michael Foods Group, Active Nutrition and Private Brands. The Company’s Post Consumer Brands segment includes the Post Foods branded ready-to-eat cereal operations and the business of MOM Brands.
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