Post Holdings, Inc. (NYSE:POST) Shares Sold by Geode Capital Management LLC

Geode Capital Management LLC lowered its stake in Post Holdings, Inc. (NYSE:POST) by 2.6% during the third quarter, HoldingsChannel reports. The institutional investor owned 801,270 shares of the company’s stock after selling 21,122 shares during the quarter. Geode Capital Management LLC’s holdings in Post were worth $92,772,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of POST. V Square Quantitative Management LLC acquired a new stake in shares of Post in the third quarter valued at $27,000. Ashton Thomas Securities LLC acquired a new position in Post in the 3rd quarter valued at about $33,000. Quarry LP increased its stake in Post by 244.9% during the third quarter. Quarry LP now owns 338 shares of the company’s stock worth $39,000 after purchasing an additional 240 shares during the period. Point72 Asia Singapore Pte. Ltd. acquired a new stake in shares of Post during the second quarter worth about $62,000. Finally, Farther Finance Advisors LLC boosted its stake in shares of Post by 780.0% in the third quarter. Farther Finance Advisors LLC now owns 704 shares of the company’s stock valued at $81,000 after purchasing an additional 624 shares during the period. Hedge funds and other institutional investors own 94.85% of the company’s stock.

Post Trading Down 0.6 %

NYSE:POST opened at $114.37 on Friday. The stock’s 50 day moving average price is $113.97 and its 200 day moving average price is $111.61. The company has a market capitalization of $6.65 billion, a PE ratio of 20.28 and a beta of 0.66. Post Holdings, Inc. has a 52-week low of $86.67 and a 52-week high of $125.84. The company has a quick ratio of 1.56, a current ratio of 2.36 and a debt-to-equity ratio of 1.66.

Wall Street Analyst Weigh In

POST has been the topic of a number of recent research reports. Wells Fargo & Company cut their price objective on Post from $120.00 to $116.00 and set an “equal weight” rating on the stock in a research report on Tuesday, November 19th. Evercore ISI raised their price objective on shares of Post from $123.00 to $126.00 and gave the stock an “outperform” rating in a report on Monday, November 18th. One equities research analyst has rated the stock with a hold rating and five have given a buy rating to the company. According to data from MarketBeat.com, Post has an average rating of “Moderate Buy” and a consensus target price of $124.17.

Insider Buying and Selling

In other Post news, SVP Bradly A. Harper sold 1,000 shares of the company’s stock in a transaction that occurred on Thursday, December 5th. The stock was sold at an average price of $120.09, for a total transaction of $120,090.00. Following the completion of the sale, the senior vice president now directly owns 11,220 shares of the company’s stock, valued at $1,347,409.80. This represents a 8.18 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, COO Jeff A. Zadoks sold 28,969 shares of the stock in a transaction on Wednesday, November 27th. The stock was sold at an average price of $119.96, for a total value of $3,475,121.24. Following the sale, the chief operating officer now directly owns 67,788 shares of the company’s stock, valued at approximately $8,131,848.48. This represents a 29.94 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 35,969 shares of company stock worth $4,322,051 in the last 90 days. Company insiders own 10.70% of the company’s stock.

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.