Public Employees Retirement System of Ohio Trims Holdings in Post Holdings, Inc. (NYSE:POST)

Public Employees Retirement System of Ohio trimmed its holdings in shares of Post Holdings, Inc. (NYSE:POST) by 11.0% in the 3rd quarter, Holdings Channel reports. The firm owned 37,618 shares of the company’s stock after selling 4,661 shares during the quarter. Public Employees Retirement System of Ohio’s holdings in Post were worth $4,354,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. V Square Quantitative Management LLC bought a new stake in Post during the 3rd quarter valued at about $27,000. Ashton Thomas Securities LLC purchased a new position in shares of Post during the third quarter worth approximately $33,000. Quarry LP raised its stake in shares of Post by 244.9% during the third quarter. Quarry LP now owns 338 shares of the company’s stock valued at $39,000 after acquiring an additional 240 shares in the last quarter. Point72 Asia Singapore Pte. Ltd. purchased a new stake in shares of Post in the second quarter valued at approximately $62,000. Finally, Farther Finance Advisors LLC grew its stake in Post by 780.0% in the third quarter. Farther Finance Advisors LLC now owns 704 shares of the company’s stock worth $81,000 after purchasing an additional 624 shares in the last quarter. 94.85% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Post

In other Post news, COO Jeff A. Zadoks sold 28,969 shares of Post stock in a transaction on Wednesday, November 27th. The shares were sold at an average price of $119.96, for a total value of $3,475,121.24. Following the transaction, the chief operating officer now directly owns 67,788 shares of the company’s stock, valued at approximately $8,131,848.48. The trade was a 29.94 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Nicolas Catoggio sold 6,000 shares of the stock in a transaction on Monday, December 2nd. The shares were sold at an average price of $121.14, for a total value of $726,840.00. Following the sale, the chief executive officer now owns 70,501 shares of the company’s stock, valued at approximately $8,540,491.14. This represents a 7.84 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 35,969 shares of company stock valued at $4,322,051. 10.70% of the stock is currently owned by insiders.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on POST shares. Evercore ISI lifted their target price on Post from $123.00 to $126.00 and gave the company an “outperform” rating in a research report on Monday, November 18th. Wells Fargo & Company lowered their price objective 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. One analyst has rated the stock with a hold rating and five have issued a buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $124.17.

Post Trading Down 2.2 %

POST opened at $117.13 on Friday. The stock has a fifty day moving average price of $113.80 and a 200-day moving average price of $111.36. Post Holdings, Inc. has a 12 month low of $86.60 and a 12 month high of $125.84. The company has a current ratio of 2.36, a quick ratio of 1.56 and a debt-to-equity ratio of 1.66. The firm has a market cap of $6.81 billion, a price-to-earnings ratio of 20.77 and a beta of 0.66.

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.