Rhumbline Advisers Has $14.86 Million Position in Post Holdings, Inc. (NYSE:POST)

Rhumbline Advisers increased its stake in Post Holdings, Inc. (NYSE:POST) by 0.9% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 171,479 shares of the company’s stock after purchasing an additional 1,528 shares during the period. Rhumbline Advisers’ holdings in Post were worth $14,859,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of POST. M&T Bank Corp raised its position in shares of Post by 4.1% during the first quarter. M&T Bank Corp now owns 3,077 shares of the company’s stock worth $276,000 after acquiring an additional 122 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank increased its position in Post by 2.4% in the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 8,178 shares of the company’s stock worth $735,000 after purchasing an additional 191 shares during the period. Mercer Global Advisors Inc. ADV raised its holdings in Post by 12.3% during the 1st quarter. Mercer Global Advisors Inc. ADV now owns 2,523 shares of the company’s stock worth $227,000 after purchasing an additional 277 shares during the last quarter. Money Concepts Capital Corp lifted its position in Post by 1.8% during the 4th quarter. Money Concepts Capital Corp now owns 15,763 shares of the company’s stock valued at $1,423,000 after purchasing an additional 279 shares during the period. Finally, Advisor Group Holdings Inc. boosted its stake in shares of Post by 14.9% in the 1st quarter. Advisor Group Holdings Inc. now owns 3,011 shares of the company’s stock valued at $215,000 after purchasing an additional 391 shares during the last quarter. Institutional investors and hedge funds own 91.98% of the company’s stock.

Insider Buying and Selling at Post

In related news, Director Ellen F. Harshman sold 500 shares of the firm’s stock in a transaction on Friday, August 25th. The shares were sold at an average price of $90.12, for a total transaction of $45,060.00. Following the sale, the director now directly owns 9,772 shares in the company, valued at $880,652.64. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders own 10.70% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on POST shares. StockNews.com initiated coverage on shares of Post in a report on Thursday, October 5th. They issued a “hold” rating on the stock. Evercore ISI lifted their price objective on Post from $105.00 to $108.00 and gave the stock an “outperform” rating in a research note on Monday, August 7th. Finally, JPMorgan Chase & Co. started coverage on Post in a research note on Friday, October 13th. They issued an “overweight” rating and a $100.00 target price on the stock. Four analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $102.57.

Post Stock Down 1.4 %

Shares of Post stock opened at $84.21 on Monday. The company has a market capitalization of $5.16 billion, a P/E ratio of 17.43 and a beta of 0.65. The company has a debt-to-equity ratio of 1.56, a current ratio of 2.06 and a quick ratio of 1.08. The business has a 50-day moving average of $84.15 and a two-hundred day moving average of $86.05. Post Holdings, Inc. has a 1 year low of $78.85 and a 1 year high of $98.84.

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.