SeaBridge Investment Advisors LLC increased its position in Post Holdings, Inc. (NYSE:POST) by 0.9% during the second quarter, Holdings Channel.com reports. The firm owned 15,885 shares of the company’s stock after buying an additional 148 shares during the quarter. SeaBridge Investment Advisors LLC’s holdings in Post were worth $1,723,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Factorial Partners LLC increased its stake in Post by 19,919.3% during the 1st quarter. Factorial Partners LLC now owns 940,908 shares of the company’s stock valued at $8,900,000 after purchasing an additional 936,208 shares in the last quarter. AREX Capital Management LP acquired a new position in shares of Post during the first quarter valued at about $18,369,000. Thompson Siegel & Walmsley LLC increased its position in shares of Post by 10.7% during the first quarter. Thompson Siegel & Walmsley LLC now owns 1,479,928 shares of the company’s stock worth $156,459,000 after acquiring an additional 143,211 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in shares of Post by 3.5% in the 1st quarter. JPMorgan Chase & Co. now owns 3,626,991 shares of the company’s stock worth $383,445,000 after acquiring an additional 121,939 shares during the last quarter. Finally, Goldman Sachs Group Inc. lifted its position in Post by 63.1% in the 1st quarter. Goldman Sachs Group Inc. now owns 276,376 shares of the company’s stock valued at $29,219,000 after acquiring an additional 106,964 shares in the last quarter. 91.38% of the stock is owned by institutional investors and hedge funds.
NYSE POST traded down $0.34 during trading on Wednesday, hitting $107.65. 6,672 shares of the company’s stock traded hands, compared to its average volume of 379,936. The company has a debt-to-equity ratio of 2.45, a quick ratio of 1.54 and a current ratio of 2.26. The stock has a market capitalization of $6.86 billion, a price-to-earnings ratio of 38.61 and a beta of 0.81. Post Holdings, Inc. has a 12-month low of $81.38 and a 12-month high of $117.91. The business has a 50 day moving average of $108.34 and a 200-day moving average of $109.56.
A number of research firms have recently weighed in on POST. Jefferies Financial Group restated a “buy” rating on shares of Post in a report on Friday, May 21st. TheStreet cut shares of Post from a “b” rating to a “c+” rating in a research report on Monday, August 2nd. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and five have issued a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Buy” and an average price target of $122.63.
In other Post news, Director Robert E. Grote sold 2,850 shares of the stock in a transaction that occurred on Wednesday, August 18th. The shares were sold at an average price of $115.05, for a total value of $327,892.50. Following the sale, the director now directly owns 11,912 shares in the company, valued at approximately $1,370,475.60. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director David P. Skarie sold 850 shares of the company’s stock in a transaction on Wednesday, August 11th. The stock was sold at an average price of $111.51, for a total transaction of $94,783.50. Following the completion of the transaction, the director now directly owns 27,243 shares in the company, valued at approximately $3,037,866.93. The disclosure for this sale can be found here. 9.70% of the stock is owned by company insiders.
Post Holdings, Inc is a consumer packaged goods holding company, which engages in operating of center-of-the-store, refrigerated, foodservice, food ingredient, active nutrition, and private brand food categories. It operates through the following segments: Post Consumer Brands, Weetabix, Foodservice, Refrigerated Retail, and BellRing Brands.
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