Post Holdings, Inc. (NYSE:POST) Shares Sold by Cornercap Investment Counsel Inc.

Cornercap Investment Counsel Inc. cut its holdings in Post Holdings, Inc. (NYSE:POST) by 50.9% in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 2,591 shares of the company’s stock after selling 2,687 shares during the period. Cornercap Investment Counsel Inc.’s holdings in Post were worth $300,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Opal Wealth Advisors LLC acquired a new position in Post in the 2nd quarter valued at $27,000. V Square Quantitative Management LLC acquired a new stake in shares of Post during the 3rd quarter worth $27,000. New Covenant Trust Company N.A. acquired a new stake in shares of Post during the 1st quarter worth $29,000. Ashton Thomas Securities LLC acquired a new stake in shares of Post during the 3rd quarter worth $33,000. Finally, Bessemer Group Inc. increased its holdings in shares of Post by 263.8% during the 1st quarter. Bessemer Group Inc. now owns 342 shares of the company’s stock worth $36,000 after buying an additional 248 shares during the last quarter. 94.85% of the stock is currently owned by institutional investors and hedge funds.

Post Stock Performance

NYSE:POST opened at $106.14 on Monday. The company has a debt-to-equity ratio of 1.62, a current ratio of 2.05 and a quick ratio of 1.12. The firm has a 50-day moving average of $112.95 and a two-hundred day moving average of $109.73. The stock has a market cap of $6.20 billion, a P/E ratio of 18.82 and a beta of 0.64. Post Holdings, Inc. has a 1-year low of $82.86 and a 1-year high of $118.96.

Wall Street Analysts Forecast Growth

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