Post Holdings, Inc. (NYSE:POST) is Clarkston Capital Partners LLC’s 2nd Largest Position

Clarkston Capital Partners LLC trimmed its holdings in Post Holdings, Inc. (NYSE:POST) by 3.2% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,344,150 shares of the company’s stock after selling 112,255 shares during the period. Post accounts for approximately 7.1% of Clarkston Capital Partners LLC’s holdings, making the stock its 2nd largest position. Clarkston Capital Partners LLC owned about 5.72% of Post worth $387,085,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of POST. Natixis Advisors LLC grew its holdings in Post by 13.8% during the third quarter. Natixis Advisors LLC now owns 141,767 shares of the company’s stock valued at $16,409,000 after purchasing an additional 17,229 shares during the last quarter. Empowered Funds LLC bought a new stake in shares of Post during the 3rd quarter worth $323,000. OneDigital Investment Advisors LLC grew its stake in Post by 1.7% in the 3rd quarter. OneDigital Investment Advisors LLC now owns 9,296 shares of the company’s stock valued at $1,076,000 after buying an additional 153 shares during the last quarter. MQS Management LLC bought a new position in Post in the 3rd quarter worth $363,000. Finally, Victory Capital Management Inc. lifted its position in Post by 1.3% during the 3rd quarter. Victory Capital Management Inc. now owns 226,512 shares of the company’s stock worth $26,219,000 after acquiring an additional 2,879 shares during the last quarter. 94.85% of the stock is currently owned by institutional investors.

Post Price Performance

Shares of NYSE:POST opened at $106.14 on Monday. The firm has a market capitalization of $6.20 billion, a PE ratio of 18.82 and a beta of 0.64. The company has a current ratio of 2.05, a quick ratio of 1.12 and a debt-to-equity ratio of 1.62. Post Holdings, Inc. has a 1-year low of $82.86 and a 1-year high of $118.96. The business’s 50 day moving average is $112.95 and its 200-day moving average is $109.73.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on POST shares. Wells Fargo & Company lifted their price objective on Post from $108.00 to $120.00 and gave the stock an “equal weight” rating in a research note on Monday, August 5th. JPMorgan Chase & Co. upped their price target on Post from $118.00 to $125.00 and gave the stock an “overweight” rating in a report on Tuesday, August 6th. Evercore ISI raised their price objective on shares of Post from $122.00 to $123.00 and gave the stock an “outperform” rating in a research note on Monday, August 5th. Finally, Stifel Nicolaus upped their target price on shares of Post from $120.00 to $130.00 and gave the company a “buy” rating in a research note on Monday, August 5th. One analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $124.33.

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.