Ashton Thomas Securities LLC Invests $33,000 in Post Holdings, Inc. (NYSE:POST)

Ashton Thomas Securities LLC acquired a new stake in shares of Post Holdings, Inc. (NYSE:POST) during the third quarter, HoldingsChannel reports. The institutional investor acquired 281 shares of the company’s stock, valued at approximately $33,000.

A number of other large investors have also made changes to their positions in the stock. Opal Wealth Advisors LLC acquired a new position in Post in the 2nd quarter valued at $27,000. V Square Quantitative Management LLC acquired a new position in Post in the third quarter valued at $27,000. New Covenant Trust Company N.A. purchased a new position in Post during the first quarter worth about $29,000. Bessemer Group Inc. boosted its stake in Post by 263.8% in the 1st quarter. Bessemer Group Inc. now owns 342 shares of the company’s stock worth $36,000 after buying an additional 248 shares during the last quarter. Finally, Point72 Asia Singapore Pte. Ltd. purchased a new stake in Post in the 2nd quarter valued at about $62,000. Institutional investors and hedge funds own 94.85% of the company’s stock.

Analyst Upgrades and Downgrades

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

Post Price Performance

POST stock opened at $107.78 on Friday. Post Holdings, Inc. has a 52-week low of $82.86 and a 52-week high of $118.96. The company has a quick ratio of 1.12, a current ratio of 2.05 and a debt-to-equity ratio of 1.62. The company has a market capitalization of $6.30 billion, a PE ratio of 20.07 and a beta of 0.64. The stock’s 50 day moving average is $113.34 and its two-hundred day moving average is $109.73.

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.