SeaBridge Investment Advisors LLC Has $820,000 Stock Position in Post Holdings, Inc. (NYSE:POST)

SeaBridge Investment Advisors LLC reduced its position in shares of Post Holdings, Inc. (NYSE:POST) by 1.4% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 7,874 shares of the company’s stock after selling 109 shares during the quarter. SeaBridge Investment Advisors LLC’s holdings in Post were worth $820,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently added to or reduced their stakes in POST. MUFG Securities EMEA plc acquired a new position in Post in the second quarter valued at approximately $1,781,000. Commonwealth Equity Services LLC raised its position in shares of Post by 2.4% during the 2nd quarter. Commonwealth Equity Services LLC now owns 5,002 shares of the company’s stock valued at $521,000 after acquiring an additional 117 shares during the last quarter. Concurrent Investment Advisors LLC acquired a new position in shares of Post in the 2nd quarter valued at $238,000. Atlas Capital Advisors LLC boosted its position in shares of Post by 10.2% in the 2nd quarter. Atlas Capital Advisors LLC now owns 2,707 shares of the company’s stock worth $282,000 after purchasing an additional 251 shares during the last quarter. Finally, Innealta Capital LLC acquired a new stake in shares of Post during the second quarter worth $172,000. 94.85% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

POST has been the topic of several analyst reports. Evercore ISI increased their target price on Post from $122.00 to $123.00 and gave the company an “outperform” rating in a research note on Monday, August 5th. Barclays lifted their price objective on shares of Post from $115.00 to $120.00 and gave the stock an “overweight” rating in a research note on Tuesday, May 7th. JPMorgan Chase & Co. boosted their price objective on shares of Post from $118.00 to $125.00 and gave the company an “overweight” rating in a report on Tuesday, August 6th. Wells Fargo & Company upped their price objective on shares of Post from $108.00 to $120.00 and gave the company an “equal weight” rating in a research report on Monday, August 5th. Finally, Stifel Nicolaus increased 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. Two equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to MarketBeat, Post currently has an average rating of “Moderate Buy” and a consensus price target of $124.33.

Insiders Place Their Bets

In related news, Director Robert E. Grote sold 16,845 shares of the stock in a transaction that occurred on Wednesday, June 5th. The stock was sold at an average price of $104.58, for a total transaction of $1,761,650.10. Following the sale, the director now owns 4,400 shares of the company’s stock, valued at $460,152. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In other Post news, Director Robert E. Grote sold 16,845 shares of the firm’s stock in a transaction dated Wednesday, June 5th. The shares were sold at an average price of $104.58, for a total value of $1,761,650.10. Following the transaction, the director now directly owns 4,400 shares of the company’s stock, valued at approximately $460,152. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Thomas C. Erb purchased 2,000 shares of Post stock in a transaction that occurred on Tuesday, August 13th. The shares were purchased at an average price of $112.94 per share, for a total transaction of $225,880.00. Following the transaction, the director now directly owns 35,475 shares in the company, valued at approximately $4,006,546.50. The disclosure for this purchase can be found here. Company insiders own 10.70% of the company’s stock.

Post Stock Performance

POST traded up $0.14 during trading hours on Friday, reaching $115.77. The company’s stock had a trading volume of 353,118 shares, compared to its average volume of 444,680. Post Holdings, Inc. has a 52 week low of $78.85 and a 52 week high of $117.24. The firm has a market cap of $6.76 billion, a PE ratio of 22.18 and a beta of 0.64. The company’s 50-day moving average is $109.78 and its 200-day moving average is $106.24. The company has a debt-to-equity ratio of 1.62, a quick ratio of 1.12 and a current ratio of 2.05.

Post (NYSE:POST) last released its quarterly earnings results on Thursday, August 1st. The company reported $1.54 earnings per share for the quarter, topping the consensus estimate of $1.21 by $0.33. The business had revenue of $1.95 billion during the quarter, compared to analysts’ expectations of $2.02 billion. Post had a return on equity of 10.91% and a net margin of 4.46%. The firm’s revenue for the quarter was up 4.7% compared to the same quarter last year. During the same period last year, the firm posted $1.52 EPS. On average, equities analysts forecast that Post Holdings, Inc. will post 5.95 EPS for the current year.

About Post

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.