Ironwood Investment Counsel LLC Has $483,000 Stock Holdings in Post Holdings, Inc. (NYSE:POST)

Ironwood Investment Counsel LLC trimmed its stake in Post Holdings, Inc. (NYSE:POST) by 5.8% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 4,175 shares of the company’s stock after selling 255 shares during the quarter. Ironwood Investment Counsel LLC’s holdings in Post were worth $483,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Point72 Asset Management L.P. grew its holdings in Post by 51.4% during the second quarter. Point72 Asset Management L.P. now owns 1,237,165 shares of the company’s stock worth $128,863,000 after purchasing an additional 419,945 shares during the period. Braun Stacey Associates Inc. bought a new position in shares of Post during the 3rd quarter worth approximately $23,089,000. Allspring Global Investments Holdings LLC increased its holdings in shares of Post by 901.9% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 179,222 shares of the company’s stock worth $20,745,000 after acquiring an additional 161,334 shares during the last quarter. The Manufacturers Life Insurance Company raised its stake in Post by 352.0% in the 3rd quarter. The Manufacturers Life Insurance Company now owns 196,193 shares of the company’s stock valued at $22,709,000 after acquiring an additional 152,791 shares during the period. Finally, Adams Diversified Equity Fund Inc. acquired a new stake in Post during the 3rd quarter valued at $14,480,000. Institutional investors and hedge funds own 94.85% of the company’s stock.

Analyst Ratings Changes

POST has been the topic of several research analyst reports. Wells Fargo & Company dropped their price objective on shares of Post from $120.00 to $116.00 and set an “equal weight” rating on the stock in a research report on Tuesday, November 19th. JPMorgan Chase & Co. raised their price objective on shares of 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 target price on Post from $123.00 to $126.00 and gave the company an “outperform” rating in a research report on Monday, November 18th. Finally, Stifel Nicolaus lifted their price target on Post from $120.00 to $130.00 and gave the stock a “buy” rating in a report on Monday, August 5th. One research analyst has rated the stock with a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat, Post has an average rating of “Moderate Buy” and an average target price of $124.17.

Post Stock Performance

NYSE POST opened at $120.48 on Friday. The company has a debt-to-equity ratio of 1.66, a quick ratio of 1.56 and a current ratio of 2.36. Post Holdings, Inc. has a fifty-two week low of $83.73 and a fifty-two week high of $121.07. The stock has a market cap of $7.04 billion, a PE ratio of 21.36 and a beta of 0.64. The firm’s fifty day moving average price is $113.03 and its two-hundred day moving average price is $110.43.

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.