Loomis Sayles & Co. L P Lowers Holdings in Post Holdings, Inc. (NYSE:POST)

Loomis Sayles & Co. L P reduced its position in shares of Post Holdings, Inc. (NYSE:POST) by 1.5% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 219,585 shares of the company’s stock after selling 3,292 shares during the period. Loomis Sayles & Co. L P’s holdings in Post were worth $25,417,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. Bessemer Group Inc. boosted its stake in Post by 263.8% during the first quarter. Bessemer Group Inc. now owns 342 shares of the company’s stock valued at $36,000 after buying an additional 248 shares during the period. Price T Rowe Associates Inc. MD boosted its position in shares of Post by 2.8% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 580,292 shares of the company’s stock valued at $61,674,000 after acquiring an additional 15,975 shares during the last quarter. Tidal Investments LLC purchased a new position in shares of Post during the first quarter worth about $1,772,000. Comerica Bank increased its position in shares of Post by 45.0% in the first quarter. Comerica Bank now owns 62,127 shares of the company’s stock worth $6,603,000 after purchasing an additional 19,281 shares during the last quarter. Finally, New Covenant Trust Company N.A. purchased a new stake in Post in the first quarter valued at approximately $29,000. Institutional investors own 94.85% of the company’s stock.

Post Stock Up 1.4 %

Shares of NYSE:POST opened at $119.51 on Wednesday. The stock has a market capitalization of $6.99 billion, a P/E ratio of 21.19 and a beta of 0.64. The stock’s 50-day moving average price is $112.63 and its 200-day moving average price is $110.09. The company has a current ratio of 2.36, a quick ratio of 1.56 and a debt-to-equity ratio of 1.66. Post Holdings, Inc. has a 12-month low of $83.73 and a 12-month high of $119.59.

Analyst Upgrades and Downgrades

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

Post 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.