Point72 Asia Singapore Pte. Ltd. Has $696,000 Position in Post Holdings, Inc. (NYSE:POST)

Point72 Asia Singapore Pte. Ltd. lifted its position in shares of Post Holdings, Inc. (NYSE:POST) by 905.4% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 6,012 shares of the company’s stock after purchasing an additional 5,414 shares during the quarter. Point72 Asia Singapore Pte. Ltd.’s holdings in Post were worth $696,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of POST. Opal Wealth Advisors LLC acquired a new position in shares of Post during the second quarter worth about $27,000. V Square Quantitative Management LLC acquired a new position in Post during the third quarter valued at approximately $27,000. Ashton Thomas Securities LLC acquired a new position in Post during the third quarter valued at approximately $33,000. Versant Capital Management Inc boosted its position in Post by 5,283.3% during the second quarter. Versant Capital Management Inc now owns 646 shares of the company’s stock valued at $67,000 after purchasing an additional 634 shares during the last quarter. Finally, GAMMA Investing LLC boosted its position in Post by 119.1% during the second quarter. GAMMA Investing LLC now owns 745 shares of the company’s stock valued at $78,000 after purchasing an additional 405 shares during the last quarter. 94.85% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

POST has been the subject of several recent research reports. Evercore ISI increased their price target on Post from $123.00 to $126.00 and gave the company an “outperform” rating in a research report on Monday, November 18th. Stifel Nicolaus increased their price target on Post from $120.00 to $130.00 and gave the company a “buy” rating in a research report on Monday, August 5th. JPMorgan Chase & Co. upped their price objective on Post from $118.00 to $125.00 and gave the company an “overweight” rating in a research note on Tuesday, August 6th. Finally, Wells Fargo & Company dropped their price objective on Post from $120.00 to $116.00 and set an “equal weight” rating on the stock in a research note on Tuesday, November 19th. One investment analyst has rated the stock with a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $124.17.

Post Price Performance

NYSE:POST opened at $120.48 on Monday. The company has a quick ratio of 1.56, a current ratio of 2.36 and a debt-to-equity ratio of 1.66. The stock’s 50 day moving average price is $113.03 and its two-hundred day moving average price is $110.47. The firm has a market capitalization of $7.04 billion, a price-to-earnings ratio of 21.36 and a beta of 0.64. Post Holdings, Inc. has a 12-month low of $83.73 and a 12-month high of $121.07.

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.