Sterling Capital Management LLC Purchases Shares of 10,575 Post Holdings Inc (POST)

Sterling Capital Management LLC purchased a new stake in Post Holdings Inc (NYSE:POST) in the third quarter, according to its most recent filing with the SEC. The fund purchased 10,575 shares of the company’s stock, valued at approximately $1,037,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of POST. Harvest Fund Management Co. Ltd bought a new stake in shares of Post in the 3rd quarter valued at approximately $106,000. Sageworth Trust Co increased its holdings in shares of Post by 160.0% in the 3rd quarter. Sageworth Trust Co now owns 1,300 shares of the company’s stock valued at $127,000 after acquiring an additional 800 shares during the last quarter. Cornerstone Wealth Management LLC bought a new stake in shares of Post in the 2nd quarter valued at approximately $136,000. Toronto Dominion Bank bought a new stake in shares of Post in the 2nd quarter valued at approximately $181,000. Finally, Cerebellum GP LLC bought a new stake in shares of Post in the 3rd quarter valued at approximately $185,000.

A number of equities research analysts have recently weighed in on POST shares. Wells Fargo & Co reiterated a “buy” rating on shares of Post in a report on Monday, July 23rd. Pivotal Research restated a “buy” rating and set a $120.00 price objective (up previously from $105.00) on shares of Post in a research report on Friday, August 3rd. SunTrust Banks restated a “buy” rating and set a $105.00 price objective on shares of Post in a research report on Friday, August 3rd. Barclays started coverage on Post in a research report on Tuesday, August 14th. They set an “overweight” rating and a $105.00 price objective for the company. Finally, Piper Jaffray Companies started coverage on Post in a research report on Thursday, August 16th. They set an “overweight” rating and a $115.00 price objective for the company. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and seven have issued a buy rating to the company. Post presently has a consensus rating of “Buy” and an average price target of $110.25.

NYSE:POST opened at $92.62 on Friday. Post Holdings Inc has a 12-month low of $70.66 and a 12-month high of $101.43. The company has a market cap of $6.08 billion, a P/E ratio of 23.51, a P/E/G ratio of 1.18 and a beta of 0.03. The company has a quick ratio of 1.21, a current ratio of 1.94 and a debt-to-equity ratio of 2.35.

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Post Profile

Post Holdings, Inc operates as a consumer packaged goods holding company in the United States and internationally. It manufactures and sells ready-to-eat cereal and hot cereal, egg, refrigerated potato, cheese and other dairy case, and pasta products; and markets and distributes ready-to-drink beverages, bars, powders and other nutritional supplements.

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Institutional Ownership by Quarter for Post (NYSE:POST)

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