Holocene Advisors LP Purchases 244,221 Shares of Post Holdings, Inc. (NYSE:POST)

Holocene Advisors LP lifted its position in shares of Post Holdings, Inc. (NYSE:POST) by 21.0% during the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 1,405,298 shares of the company’s stock after buying an additional 244,221 shares during the quarter. Holocene Advisors LP owned approximately 2.41% of Post worth $162,663,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in POST. Cetera Investment Advisers increased its stake in Post by 664.8% during the first quarter. Cetera Investment Advisers now owns 25,405 shares of the company’s stock worth $2,700,000 after acquiring an additional 22,083 shares during the last quarter. Cerity Partners LLC raised its holdings in Post by 46.6% during the 3rd quarter. Cerity Partners LLC now owns 30,562 shares of the company’s stock valued at $3,538,000 after buying an additional 9,711 shares during the period. Acadian Asset Management LLC purchased a new position in Post during the second quarter worth $1,824,000. Sanctuary Advisors LLC bought a new position in Post during the second quarter valued at $510,000. Finally, Lecap Asset Management Ltd. purchased a new stake in shares of Post in the second quarter valued at $769,000. Institutional investors own 94.85% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have commented on POST. Stifel Nicolaus upped their target price on shares of Post from $120.00 to $130.00 and gave the stock a “buy” rating in a research note on Monday, August 5th. Wells Fargo & Company decreased their target price on Post from $120.00 to $116.00 and set an “equal weight” rating for the company in a research report on Tuesday, November 19th. Evercore ISI lifted their price target on Post from $123.00 to $126.00 and gave the company an “outperform” rating in a report on Monday, November 18th. Finally, JPMorgan Chase & Co. lifted their price objective on shares of Post from $118.00 to $125.00 and gave the stock an “overweight” rating in a research note on Tuesday, August 6th. One analyst has rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $124.17.

Post Price Performance

Shares of Post stock opened at $120.48 on Monday. The business has a 50 day simple moving average of $113.03 and a two-hundred day simple moving average of $110.47. The company has a debt-to-equity ratio of 1.66, a current ratio of 2.36 and a quick ratio of 1.56. The stock has a market capitalization of $7.04 billion, a P/E 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.

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.