Post Holdings, Inc. (NYSE:POST) Stock Holdings Cut by Amalgamated Bank

Amalgamated Bank decreased its position in Post Holdings, Inc. (NYSE:POST) by 27.7% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 22,712 shares of the company’s stock after selling 8,706 shares during the quarter. Amalgamated Bank’s holdings in Post were worth $2,629,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Point72 Asset Management L.P. boosted its holdings in Post by 51.4% during the second quarter. Point72 Asset Management L.P. now owns 1,237,165 shares of the company’s stock worth $128,863,000 after buying an additional 419,945 shares in the last quarter. Vanguard Group Inc. lifted its position in shares of Post by 6.7% during the 1st quarter. Vanguard Group Inc. now owns 5,288,249 shares of the company’s stock valued at $562,035,000 after acquiring an additional 332,811 shares during the last quarter. Allspring Global Investments Holdings LLC boosted its stake in shares of Post by 901.9% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 179,222 shares of the company’s stock worth $20,745,000 after acquiring an additional 161,334 shares in the last quarter. Adams Diversified Equity Fund Inc. acquired a new position in shares of Post in the 3rd quarter worth $14,480,000. Finally, F M Investments LLC acquired a new stake in shares of Post during the second quarter worth $8,873,000. Institutional investors own 94.85% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on the company. Evercore ISI lifted their price target on Post from $122.00 to $123.00 and gave the stock an “outperform” rating in a research note on Monday, August 5th. Stifel Nicolaus lifted their target price 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. JPMorgan Chase & Co. raised 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. Finally, Wells Fargo & Company boosted 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. 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, the company currently has a consensus rating of “Moderate Buy” and an average price target of $124.33.

Insider Buying and Selling

In other news, Director Thomas C. Erb purchased 2,000 shares of Post stock in a transaction dated Tuesday, August 13th. The stock was acquired at an average cost of $112.94 per share, for a total transaction of $225,880.00. Following the acquisition, the director now directly owns 35,475 shares in the company, valued at $4,006,546.50. This represents a 0.00 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 10.70% of the stock is owned by corporate insiders.

Post Stock Performance

POST stock opened at $110.65 on Monday. The firm has a 50 day simple moving average of $113.80 and a 200 day simple moving average of $109.68. The company has a debt-to-equity ratio of 1.62, a quick ratio of 1.12 and a current ratio of 2.05. Post Holdings, Inc. has a 52 week low of $82.86 and a 52 week high of $118.96. The stock has a market cap of $6.47 billion, a P/E ratio of 20.61 and a beta of 0.64.

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.