MQS Management LLC Purchases New Shares in Post Holdings, Inc. (NYSE:POST)

MQS Management LLC acquired a new stake in Post Holdings, Inc. (NYSE:POST) during the third quarter, Holdings Channel.com reports. The institutional investor acquired 3,132 shares of the company’s stock, valued at approximately $363,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Janney Montgomery Scott LLC acquired a new stake in Post in the first quarter worth $605,000. Envestnet Portfolio Solutions Inc. lifted its position in shares of Post by 24.8% in the first quarter. Envestnet Portfolio Solutions Inc. now owns 4,027 shares of the company’s stock worth $428,000 after purchasing an additional 801 shares in the last quarter. Russell Investments Group Ltd. boosted its holdings in Post by 7.1% during the first quarter. Russell Investments Group Ltd. now owns 50,805 shares of the company’s stock worth $5,400,000 after purchasing an additional 3,378 shares during the last quarter. State Board of Administration of Florida Retirement System grew its position in Post by 22.7% in the first quarter. State Board of Administration of Florida Retirement System now owns 67,016 shares of the company’s stock valued at $7,122,000 after purchasing an additional 12,390 shares in the last quarter. Finally, Vanguard Group Inc. increased its stake in Post by 6.7% in the 1st quarter. Vanguard Group Inc. now owns 5,288,249 shares of the company’s stock valued at $562,035,000 after buying an additional 332,811 shares during the last quarter. Institutional investors own 94.85% of the company’s stock.

Post Price Performance

POST stock opened at $107.78 on Friday. The company’s 50-day moving average price is $113.34 and its two-hundred day moving average price is $109.73. The firm has a market cap of $6.30 billion, a P/E ratio of 20.07 and a beta of 0.64. The company has a quick ratio of 1.12, a current ratio of 2.05 and a debt-to-equity ratio of 1.62. Post Holdings, Inc. has a 12 month low of $82.86 and a 12 month high of $118.96.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on the company. Stifel Nicolaus upped their price objective on 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 raised their target price on shares of Post from $108.00 to $120.00 and gave the company an “equal weight” rating in a research note on Monday, August 5th. Evercore ISI raised their price objective on Post from $122.00 to $123.00 and gave the company an “outperform” rating in a research report on Monday, August 5th. Finally, JPMorgan Chase & Co. boosted their target price on Post from $118.00 to $125.00 and gave the stock an “overweight” rating in a report on Tuesday, August 6th. One analyst has rated the stock with a hold rating and five have given a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $124.33.

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.