Oddo BHF Asset Management Sas Invests $2.05 Million in Post Holdings, Inc. (NYSE:POST)

Oddo BHF Asset Management Sas acquired a new stake in Post Holdings, Inc. (NYSE:POST) in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 17,694 shares of the company’s stock, valued at approximately $2,048,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Dimensional Fund Advisors LP grew its position in Post by 0.9% during the second quarter. Dimensional Fund Advisors LP now owns 3,063,104 shares of the company’s stock worth $319,052,000 after buying an additional 27,448 shares in the last quarter. Holocene Advisors LP grew its holdings in shares of Post by 21.0% during the 3rd quarter. Holocene Advisors LP now owns 1,405,298 shares of the company’s stock worth $162,663,000 after purchasing an additional 244,221 shares in the last quarter. Point72 Asset Management L.P. raised its stake in shares of Post by 51.4% in the second quarter. Point72 Asset Management L.P. now owns 1,237,165 shares of the company’s stock valued at $128,863,000 after purchasing an additional 419,945 shares in the last quarter. Thompson Siegel & Walmsley LLC lifted its position in Post by 3.8% in the second quarter. Thompson Siegel & Walmsley LLC now owns 874,320 shares of the company’s stock worth $91,069,000 after purchasing an additional 32,188 shares during the period. Finally, Victory Capital Management Inc. lifted its position in Post by 1.3% in the third quarter. Victory Capital Management Inc. now owns 226,512 shares of the company’s stock worth $26,219,000 after purchasing an additional 2,879 shares during the period. Institutional investors and hedge funds own 94.85% of the company’s stock.

Post Trading Down 2.2 %

POST stock opened at $117.07 on Friday. The company has a quick ratio of 1.56, a current ratio of 2.36 and a debt-to-equity ratio of 1.66. Post Holdings, Inc. has a twelve month low of $86.60 and a twelve month high of $125.84. The company has a market cap of $6.81 billion, a P/E ratio of 20.76 and a beta of 0.66. The business has a fifty day moving average of $113.80 and a 200-day moving average of $111.32.

Insider Activity at Post

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

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on the company. Wells Fargo & Company decreased their price objective on Post from $120.00 to $116.00 and set an “equal weight” rating on the stock in a report on Tuesday, November 19th. Evercore ISI upped their price target on Post from $123.00 to $126.00 and gave the company an “outperform” rating in a research report on Monday, November 18th. One investment analyst has rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to MarketBeat, the stock presently 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.