MML Investors Services LLC Purchases 2,241 Shares of Post Holdings, Inc. (NYSE:POST)

MML Investors Services LLC boosted its position in Post Holdings, Inc. (NYSE:POST) by 10.3% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 23,905 shares of the company’s stock after acquiring an additional 2,241 shares during the quarter. MML Investors Services LLC’s holdings in Post were worth $2,767,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. V Square Quantitative Management LLC bought a new position in shares of Post during the third quarter worth about $27,000. Ashton Thomas Securities LLC acquired a new position in shares of Post in the 3rd quarter worth approximately $33,000. Quarry LP increased its position in shares of Post by 244.9% during the third quarter. Quarry LP now owns 338 shares of the company’s stock worth $39,000 after buying an additional 240 shares during the period. Point72 Asia Singapore Pte. Ltd. bought a new position in Post during the second quarter worth $62,000. Finally, Farther Finance Advisors LLC lifted its holdings in Post by 780.0% in the third quarter. Farther Finance Advisors LLC now owns 704 shares of the company’s stock valued at $81,000 after buying an additional 624 shares during the period. 94.85% of the stock is currently owned by institutional investors.

Insider Transactions at Post

In related news, COO Jeff A. Zadoks sold 28,969 shares of the company’s stock in a transaction dated Wednesday, November 27th. The shares were sold at an average price of $119.96, for a total value of $3,475,121.24. Following the sale, the chief operating officer now owns 67,788 shares in the company, valued at $8,131,848.48. This represents a 29.94 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Nicolas Catoggio sold 6,000 shares of the business’s stock in a transaction that occurred on Monday, December 2nd. The stock was sold at an average price of $121.14, for a total value of $726,840.00. Following the sale, the chief executive officer now directly owns 70,501 shares of the company’s stock, valued at $8,540,491.14. This represents a 7.84 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 35,969 shares of company stock valued at $4,322,051 over the last ninety days. 10.70% of the stock is owned by company insiders.

Post Stock Down 2.2 %

POST stock opened at $117.13 on Monday. The stock’s 50 day simple moving average is $113.80 and its 200 day simple moving average is $111.41. The company has a market cap of $6.81 billion, a P/E ratio of 20.77 and a beta of 0.66. 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 $86.60 and a fifty-two week high of $125.84.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on POST. Wells Fargo & Company decreased their price target on Post from $120.00 to $116.00 and set an “equal weight” rating for the company in a report on Tuesday, November 19th. Evercore ISI raised their target price on Post from $123.00 to $126.00 and gave the stock an “outperform” rating in a research note on Monday, November 18th. One investment analyst has rated the stock with a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price 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.