Janney Montgomery Scott LLC Acquires 3,960 Shares of Post Holdings, Inc. (NYSE:POST)

Janney Montgomery Scott LLC grew its holdings in Post Holdings, Inc. (NYSE:POST) by 40.9% in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 13,640 shares of the company’s stock after buying an additional 3,960 shares during the quarter. Janney Montgomery Scott LLC’s holdings in Post were worth $1,579,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in POST. Point72 Asset Management L.P. boosted 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. Vanguard Group Inc. lifted its holdings in shares of Post by 6.7% during the first quarter. Vanguard Group Inc. now owns 5,288,249 shares of the company’s stock valued at $562,035,000 after acquiring an additional 332,811 shares during the period. Allspring Global Investments Holdings LLC boosted its stake in shares of Post by 901.9% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 179,222 shares of the company’s stock valued at $20,745,000 after purchasing an additional 161,334 shares in the last quarter. Adams Diversified Equity Fund Inc. bought a new stake in shares of Post in the 3rd quarter worth about $14,480,000. Finally, F M Investments LLC acquired a new stake in shares of Post during the 2nd quarter worth about $8,873,000. 94.85% of the stock is owned by institutional investors.

Post Price Performance

Shares of POST stock opened at $107.78 on Friday. Post Holdings, Inc. has a 1 year low of $82.86 and a 1 year high of $118.96. 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 firm’s 50 day moving average is $113.34 and its 200-day moving average is $109.73. The firm has a market capitalization of $6.30 billion, a price-to-earnings ratio of 20.07 and a beta of 0.64.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on POST shares. Stifel Nicolaus boosted their price target on shares of Post from $120.00 to $130.00 and gave the company a “buy” rating in a research report on Monday, August 5th. Wells Fargo & Company boosted their target price on Post from $108.00 to $120.00 and gave the stock an “equal weight” rating in a report on Monday, August 5th. Evercore ISI raised their price target on Post from $122.00 to $123.00 and gave the company an “outperform” rating in a report on Monday, August 5th. Finally, JPMorgan Chase & Co. lifted their price objective on Post from $118.00 to $125.00 and gave the company an “overweight” rating in a research report on Tuesday, August 6th. One analyst has rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $124.33.

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.