Clarkston Capital Partners LLC Sells 112,255 Shares of Post Holdings, Inc. (NYSE:POST)

Clarkston Capital Partners LLC decreased its position in shares of Post Holdings, Inc. (NYSE:POST) by 3.2% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 3,344,150 shares of the company’s stock after selling 112,255 shares during the period. Post comprises about 7.1% of Clarkston Capital Partners LLC’s investment portfolio, making the stock its 2nd largest holding. Clarkston Capital Partners LLC owned 0.06% of Post worth $387,085,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the company. Janney Montgomery Scott LLC acquired a new position in Post during the 1st quarter worth $605,000. Russell Investments Group Ltd. lifted its stake in shares of Post by 7.1% during the first quarter. Russell Investments Group Ltd. now owns 50,805 shares of the company’s stock valued at $5,400,000 after acquiring an additional 3,378 shares during the period. State Board of Administration of Florida Retirement System boosted its holdings in Post by 22.7% in the first quarter. State Board of Administration of Florida Retirement System now owns 67,016 shares of the company’s stock valued at $7,122,000 after acquiring an additional 12,390 shares during the last quarter. Vanguard Group Inc. increased its position in Post by 6.7% in the first quarter. Vanguard Group Inc. now owns 5,288,249 shares of the company’s stock worth $562,035,000 after purchasing an additional 332,811 shares during the period. Finally, PYA Waltman Capital LLC raised its holdings in Post by 0.6% during the 1st quarter. PYA Waltman Capital LLC now owns 150,375 shares of the company’s stock worth $15,982,000 after purchasing an additional 932 shares during the last quarter. Institutional investors own 94.85% of the company’s stock.

Wall Street Analysts Forecast Growth

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

Post Price Performance

Shares of NYSE POST opened at $106.14 on Monday. Post Holdings, Inc. has a twelve month low of $82.86 and a twelve month high of $118.96. The company has a market cap of $6.20 billion, a PE ratio of 18.82 and a beta of 0.64. The business’s 50 day moving average price is $112.95 and its two-hundred day moving average price is $109.73. The company has a quick ratio of 1.12, a current ratio of 2.05 and a debt-to-equity ratio of 1.62.

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.