US Bancorp DE Buys 13,384 Shares of Post Holdings Inc (POST)

US Bancorp DE increased its stake in Post Holdings Inc (NYSE:POST) by 8.1% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 179,050 shares of the company’s stock after acquiring an additional 13,384 shares during the period. US Bancorp DE owned approximately 0.27% of Post worth $17,554,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in POST. Harvest Fund Management Co. Ltd purchased a new position in shares of Post during the third quarter valued at approximately $106,000. Sageworth Trust Co boosted its position in shares of Post by 160.0% during the third quarter. Sageworth Trust Co now owns 1,300 shares of the company’s stock valued at $127,000 after buying an additional 800 shares during the period. Cornerstone Wealth Management LLC purchased a new position in shares of Post during the second quarter valued at approximately $136,000. Toronto Dominion Bank purchased a new position in shares of Post during the second quarter valued at approximately $181,000. Finally, Cerebellum GP LLC purchased a new position in shares of Post during the third quarter valued at approximately $185,000.

Shares of NYSE POST opened at $91.70 on Wednesday. The company has a quick ratio of 1.21, a current ratio of 1.94 and a debt-to-equity ratio of 2.35. The company has a market capitalization of $5.94 billion, a P/E ratio of 34.34, a PEG ratio of 1.16 and a beta of 0.03. Post Holdings Inc has a 52-week low of $70.66 and a 52-week high of $101.43.

Several research analysts have issued reports on the company. ValuEngine lowered Post from a “buy” rating to a “hold” rating in a research report on Saturday, October 27th. Zacks Investment Research lowered Post from a “buy” rating to a “sell” rating in a research report on Tuesday, October 9th. Stifel Nicolaus boosted their target price on Post from $97.00 to $115.00 and gave the company a “buy” rating in a research report on Friday, October 5th. Piper Jaffray Companies started coverage on Post in a research report on Thursday, August 16th. They set an “overweight” rating and a $115.00 target price for the company. Finally, Barclays started coverage on Post in a report on Tuesday, August 14th. They issued an “overweight” rating and a $105.00 price target for the company. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and seven have assigned a buy rating to the company. The company presently has an average rating of “Buy” and a consensus price target of $110.25.

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Post Profile

Post Holdings, Inc operates as a consumer packaged goods holding company in the United States and internationally. It manufactures and sells ready-to-eat cereal and hot cereal, egg, refrigerated potato, cheese and other dairy case, and pasta products; and markets and distributes ready-to-drink beverages, bars, powders and other nutritional supplements.

Further Reading: Penny Stocks, Risk and Reward Factors

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Institutional Ownership by Quarter for Post (NYSE:POST)

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