Empowered Funds LLC Makes New Investment in Post Holdings, Inc. (NYSE:POST)

Empowered Funds LLC purchased a new stake in Post Holdings, Inc. (NYSE:POST) in the third quarter, Holdings Channel reports. The firm purchased 2,794 shares of the company’s stock, valued at approximately $323,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Opal Wealth Advisors LLC purchased a new stake in Post in the 2nd quarter valued at $27,000. V Square Quantitative Management LLC acquired a new position in shares of Post during the 3rd quarter valued at about $27,000. New Covenant Trust Company N.A. acquired a new position in shares of Post during the 1st quarter valued at about $29,000. Ashton Thomas Securities LLC purchased a new stake in shares of Post in the third quarter valued at about $33,000. Finally, Bessemer Group Inc. increased its position in Post by 263.8% during the first quarter. Bessemer Group Inc. now owns 342 shares of the company’s stock worth $36,000 after purchasing an additional 248 shares during the last quarter. Institutional investors and hedge funds own 94.85% of the company’s stock.

Post Stock Performance

Shares of POST stock opened at $117.82 on Tuesday. The company has a debt-to-equity ratio of 1.66, a quick ratio of 1.56 and a current ratio of 2.36. The firm has a market cap of $6.89 billion, a P/E ratio of 20.85 and a beta of 0.64. The firm’s 50 day moving average price is $112.58 and its 200-day moving average price is $110.01. Post Holdings, Inc. has a one year low of $83.73 and a one year high of $118.96.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on the stock. Evercore ISI boosted their target price on shares of Post from $123.00 to $126.00 and gave the company an “outperform” rating in a report on Monday, November 18th. JPMorgan Chase & Co. lifted their price target on shares of Post from $118.00 to $125.00 and gave the company an “overweight” rating in a research report on Tuesday, August 6th. Stifel Nicolaus increased their price objective on Post from $120.00 to $130.00 and gave the stock a “buy” rating in a research report on Monday, August 5th. Finally, Wells Fargo & Company reduced their target price on Post from $120.00 to $116.00 and set an “equal weight” rating on the stock in a research report on Tuesday, November 19th. One research analyst has rated the stock with a hold rating and five have given a buy rating to the company. According to MarketBeat.com, the stock 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.