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

Loomis Sayles & Co. L P lowered its position in shares of Post Holdings, Inc. (NYSE:POST) by 1.5% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 219,585 shares of the company’s stock after selling 3,292 shares during the quarter. Loomis Sayles & Co. L P owned 0.38% of Post worth $25,417,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Cerity Partners LLC boosted its position in Post by 46.6% in the third quarter. Cerity Partners LLC now owns 30,562 shares of the company’s stock worth $3,538,000 after purchasing an additional 9,711 shares during the last quarter. EULAV Asset Management raised its stake in shares of Post by 26.0% during the 3rd quarter. EULAV Asset Management now owns 164,600 shares of the company’s stock worth $19,052,000 after purchasing an additional 34,000 shares during the period. Ontario Teachers Pension Plan Board purchased a new position in shares of Post in the 3rd quarter worth about $369,000. Braun Stacey Associates Inc. bought a new position in Post during the third quarter valued at about $23,089,000. Finally, Natixis Advisors LLC increased its holdings in Post by 13.8% during the third quarter. Natixis Advisors LLC now owns 141,767 shares of the company’s stock worth $16,409,000 after buying an additional 17,229 shares during the last quarter. Hedge funds and other institutional investors own 94.85% of the company’s stock.

Post Trading Up 1.4 %

Shares of POST stock opened at $119.51 on Wednesday. The stock has a market capitalization of $6.99 billion, a price-to-earnings ratio of 21.19 and a beta of 0.64. The company’s fifty day simple moving average is $112.63 and its two-hundred day simple moving average is $110.09. Post Holdings, Inc. has a 1 year low of $83.73 and a 1 year high of $119.59. The company has a debt-to-equity ratio of 1.66, a current ratio of 2.36 and a quick ratio of 1.56.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on POST shares. Wells Fargo & Company dropped their target price on shares of Post from $120.00 to $116.00 and set an “equal weight” rating on the stock in a research note on Tuesday, November 19th. Stifel Nicolaus upped their price objective 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 raised their target price on Post from $123.00 to $126.00 and gave the stock an “outperform” rating in a research report on Monday, November 18th. Finally, JPMorgan Chase & Co. upped their price target on Post from $118.00 to $125.00 and gave the company an “overweight” rating in a research report on Tuesday, August 6th. One investment analyst has rated the stock with a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $124.17.

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.