Eos Focused Equity Management L.P. Has $7.15 Million Position in Post Holdings Inc (POST)
Eos Focused Equity Management L.P. increased its stake in Post Holdings Inc (NYSE:POST) by 5.2% during the first quarter, according to its most recent filing with the SEC. The fund owned 65,308 shares of the company’s stock after buying an additional 3,254 shares during the quarter. Post accounts for approximately 9.3% of Eos Focused Equity Management L.P.’s portfolio, making the stock its 3rd largest holding. Eos Focused Equity Management L.P.’s holdings in Post were worth $7,145,000 as of its most recent SEC filing.
Several other large investors also recently modified their holdings of the stock. Oregon Public Employees Retirement Fund lifted its holdings in Post by 8,813.0% during the fourth quarter. Oregon Public Employees Retirement Fund now owns 2,290,017 shares of the company’s stock valued at $26,000 after purchasing an additional 2,264,324 shares during the last quarter. JOYN Advisors Inc. increased its position in shares of Post by 93.4% during the fourth quarter. JOYN Advisors Inc. now owns 468 shares of the company’s stock valued at $42,000 after buying an additional 226 shares during the period. Quadrant Capital Group LLC increased its position in shares of Post by 2,145.0% during the first quarter. Quadrant Capital Group LLC now owns 449 shares of the company’s stock valued at $48,000 after buying an additional 429 shares during the period. Doyle Wealth Management bought a new stake in shares of Post during the fourth quarter valued at about $74,000. Finally, North Star Investment Management Corp. increased its position in shares of Post by 1,283.3% during the first quarter. North Star Investment Management Corp. now owns 830 shares of the company’s stock valued at $91,000 after buying an additional 770 shares during the period. 95.19% of the stock is currently owned by institutional investors.
POST stock opened at $107.29 on Thursday. The company has a current ratio of 1.93, a quick ratio of 1.08 and a debt-to-equity ratio of 1.95. The company has a market capitalization of $7.80 billion, a P/E ratio of 26.30, a P/E/G ratio of 2.99 and a beta of 0.23. Post Holdings Inc has a 1-year low of $75.01 and a 1-year high of $113.73.
Several equities research analysts have recently weighed in on the company. Zacks Investment Research cut Post from a “hold” rating to a “sell” rating in a research report on Tuesday, April 30th. Wells Fargo & Co reiterated a “buy” rating on shares of Post in a research report on Wednesday, May 8th. BMO Capital Markets upped their price target on Post from $106.00 to $115.00 and gave the company an “outperform” rating in a research report on Monday, May 6th. Pivotal Research reiterated a “buy” rating and set a $125.00 price target on shares of Post in a research report on Friday, May 3rd. Finally, Goldman Sachs Group upgraded Post from a “neutral” rating to a “buy” rating and upped their price target for the company from $107.00 to $134.00 in a research report on Monday, May 6th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and nine have issued a buy rating to the stock. The company has an average rating of “Buy” and an average target price of $117.90.
In related news, Director Robert E. Grote sold 750 shares of the company’s stock in a transaction that occurred on Thursday, March 7th. The shares were sold at an average price of $99.89, for a total value of $74,917.50. Following the transaction, the director now directly owns 6,950 shares in the company, valued at $694,235.50. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 8.10% of the stock is currently owned by corporate insiders.
Post Holdings, Inc operates as a consumer packaged goods holding company in the United States and internationally. It operates through Post Consumer Brands, Weetabix, Refrigerated Food, and Active Nutrition segments. The Post Consumer Brands segment manufactures, markets, and sells branded and private label ready-to-eat (RTE) cereal and hot cereal products.
Featured Story: Dividend
Want to see what other hedge funds are holding POST? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Post Holdings Inc (NYSE:POST).
Receive News & Ratings for Post Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Post and related companies with MarketBeat.com's FREE daily email newsletter.