Adams Diversified Equity Fund Inc. Takes $14.48 Million Position in Post Holdings, Inc. (NYSE:POST)

Adams Diversified Equity Fund Inc. purchased a new stake in shares of Post Holdings, Inc. (NYSE:POST) in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 125,100 shares of the company’s stock, valued at approximately $14,480,000. Adams Diversified Equity Fund Inc. owned approximately 0.21% of Post as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of POST. Opal Wealth Advisors LLC bought a new position in Post in the second quarter worth approximately $27,000. V Square Quantitative Management LLC acquired a new position in shares of Post during the third quarter worth $27,000. New Covenant Trust Company N.A. acquired a new position in shares of Post during the first quarter worth $29,000. Bessemer Group Inc. increased its position in shares of Post by 263.8% during the first quarter. Bessemer Group Inc. now owns 342 shares of the company’s stock worth $36,000 after purchasing an additional 248 shares in the last quarter. Finally, Point72 Asia Singapore Pte. Ltd. acquired a new position in shares of Post during the second quarter worth $62,000. Institutional investors own 94.85% of the company’s stock.

Wall Street Analyst Weigh In

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

Insider Buying and Selling at Post

In other Post news, Director Thomas C. Erb purchased 2,000 shares of the stock in a transaction on Tuesday, August 13th. The shares were bought at an average cost of $112.94 per share, with a total value of $225,880.00. Following the completion of the acquisition, the director now owns 35,475 shares in the company, valued at $4,006,546.50. This trade represents a 0.00 % increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is accessible through the SEC website. 10.70% of the stock is owned by corporate insiders.

Post Price Performance

Shares of POST opened at $109.90 on Wednesday. The firm has a market capitalization of $6.42 billion, a PE ratio of 20.47 and a beta of 0.63. The company has a debt-to-equity ratio of 1.62, a current ratio of 2.05 and a quick ratio of 1.12. Post Holdings, Inc. has a 1-year low of $79.78 and a 1-year high of $118.96. The company’s fifty day moving average price is $114.75 and its 200-day moving average price is $109.33.

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

Post Company 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.