Post Holdings, Inc. (NYSE:POST) Shares Acquired by Venturi Wealth Management LLC

Venturi Wealth Management LLC boosted its stake in Post Holdings, Inc. (NYSE:POST) by 39.7% during the third quarter, Holdings Channel.com reports. The fund owned 1,115 shares of the company’s stock after purchasing an additional 317 shares during the quarter. Venturi Wealth Management LLC’s holdings in Post were worth $129,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Opal Wealth Advisors LLC purchased a new stake in shares of Post during the second quarter worth about $27,000. V Square Quantitative Management LLC acquired a new stake in Post in the 3rd quarter worth about $27,000. New Covenant Trust Company N.A. acquired a new position in shares of Post during the first quarter valued at approximately $29,000. Ashton Thomas Securities LLC acquired a new position in shares of Post during the third quarter valued at approximately $33,000. Finally, Bessemer Group Inc. lifted its position in shares of Post by 263.8% in the first quarter. Bessemer Group Inc. now owns 342 shares of the company’s stock valued at $36,000 after acquiring an additional 248 shares in the last quarter. Hedge funds and other institutional investors own 94.85% of the company’s stock.

Wall Street Analysts Forecast Growth

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

Post Stock Performance

NYSE:POST opened at $109.49 on Thursday. The company’s 50-day moving average is $113.34 and its two-hundred day moving average is $109.73. Post Holdings, Inc. has a 1-year low of $82.86 and a 1-year high of $118.96. The company has a debt-to-equity ratio of 1.62, a current ratio of 2.05 and a quick ratio of 1.12. The firm has a market capitalization of $6.40 billion, a price-to-earnings ratio of 20.39 and a beta of 0.64.

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.