Campbell & CO Investment Adviser LLC Sells 7,931 Shares of Post Holdings, Inc. $POST

Campbell & CO Investment Adviser LLC lowered its holdings in Post Holdings, Inc. (NYSE:POST) by 70.6% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 3,309 shares of the company’s stock after selling 7,931 shares during the period. Campbell & CO Investment Adviser LLC’s holdings in Post were worth $361,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in POST. Fox Run Management L.L.C. purchased a new stake in Post during the second quarter valued at about $1,110,000. Savant Capital LLC boosted its stake in shares of Post by 19.8% during the 2nd quarter. Savant Capital LLC now owns 4,132 shares of the company’s stock valued at $451,000 after purchasing an additional 683 shares in the last quarter. Strs Ohio grew its holdings in shares of Post by 9.9% during the 2nd quarter. Strs Ohio now owns 22,190 shares of the company’s stock worth $2,419,000 after acquiring an additional 2,008 shares during the period. New York Life Investment Management LLC grew its stake in Post by 4.2% in the second quarter. New York Life Investment Management LLC now owns 5,265 shares of the company’s stock worth $574,000 after purchasing an additional 213 shares during the period. Finally, Envestnet Asset Management Inc. grew its position in shares of Post by 1.3% in the 2nd quarter. Envestnet Asset Management Inc. now owns 306,219 shares of the company’s stock worth $33,387,000 after buying an additional 3,978 shares during the period. 94.85% of the stock is owned by institutional investors.

Post Stock Performance

Shares of NYSE POST opened at $106.70 on Monday. The stock has a market cap of $5.80 billion, a PE ratio of 18.15 and a beta of 0.49. Post Holdings, Inc. has a 1 year low of $100.44 and a 1 year high of $125.84. The firm has a fifty day moving average price of $105.88 and a 200-day moving average price of $108.10. The company has a debt-to-equity ratio of 1.83, a current ratio of 2.60 and a quick ratio of 1.84.

Post declared that its board has authorized a share repurchase program on Friday, August 29th that allows the company to repurchase $0.00 in shares. This repurchase authorization allows the company to reacquire shares of its stock through open market purchases. Shares repurchase programs are typically an indication that the company’s leadership believes its stock is undervalued.

Insider Transactions at Post

In other Post news, Director William P. Stiritz purchased 36,000 shares of the firm’s stock in a transaction on Tuesday, August 19th. The shares were acquired at an average cost of $109.53 per share, with a total value of $3,943,080.00. Following the completion of the acquisition, the director directly owned 4,334,667 shares in the company, valued at $474,776,076.51. The trade was a 0.84% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. Insiders own 11.40% of the company’s stock.

Wall Street Analyst Weigh In

POST has been the topic of several recent research reports. Weiss Ratings restated a “hold (c)” rating on shares of Post in a research note on Wednesday, October 8th. Zacks Research cut shares of Post from a “strong-buy” rating to a “hold” rating in a report on Monday, September 15th. JPMorgan Chase & Co. increased their target price on Post from $131.00 to $132.00 and gave the company an “overweight” rating in a report on Monday, October 27th. Wells Fargo & Company reduced their target price on shares of Post from $117.00 to $115.00 and set an “equal weight” rating for the company in a report on Thursday, September 25th. Finally, Wall Street Zen upgraded shares of Post from a “hold” rating to a “buy” rating in a research note on Saturday. Four analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $131.00.

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.