Stifel Financial Corp Buys 377 Shares of Post Holdings, Inc. (NYSE:POST)

Stifel Financial Corp raised its stake in shares of Post Holdings, Inc. (NYSE:POST) by 0.8% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 48,808 shares of the company’s stock after purchasing an additional 377 shares during the period. Stifel Financial Corp’s holdings in Post were worth $5,650,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of POST. Cerity Partners LLC raised its position in shares of Post by 46.6% during the 3rd quarter. Cerity Partners LLC now owns 30,562 shares of the company’s stock valued at $3,538,000 after purchasing an additional 9,711 shares during the period. Acadian Asset Management LLC purchased a new position in shares of Post in the second quarter valued at about $1,824,000. Sanctuary Advisors LLC bought a new position in shares of Post in the second quarter worth about $510,000. Lecap Asset Management Ltd. purchased a new stake in shares of Post during the second quarter worth about $769,000. Finally, Point72 Asset Management L.P. raised its stake in Post by 51.4% during 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 purchasing an additional 419,945 shares during the period. Hedge funds and other institutional investors own 94.85% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have weighed in on POST. Wells Fargo & Company dropped their price target 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 upped their target price on shares of Post from $123.00 to $126.00 and gave the stock an “outperform” rating in a research report on Monday, November 18th. One research analyst has rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $124.17.

Insider Activity at Post

In other Post news, CEO Nicolas Catoggio sold 6,000 shares of the company’s stock in a transaction that occurred on Monday, December 2nd. The stock was sold at an average price of $121.14, for a total transaction of $726,840.00. Following the sale, the chief executive officer now directly owns 70,501 shares in the company, valued at $8,540,491.14. This represents a 7.84 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, SVP Bradly A. Harper sold 1,000 shares of the business’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 transaction, the senior vice president now directly owns 11,220 shares in the company, valued at approximately $1,347,409.80. This represents a 8.18 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 35,969 shares of company stock valued at $4,322,051 over the last 90 days. 10.70% of the stock is owned by corporate insiders.

Post Stock Down 2.2 %

Shares of POST opened at $117.13 on Friday. The business’s 50 day simple moving average is $113.80 and its 200-day simple moving average is $111.36. Post Holdings, Inc. has a 1 year low of $86.60 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. The stock has a market capitalization of $6.81 billion, a price-to-earnings ratio of 20.77 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.