IndexIQ Advisors LLC Buys 6,131 Shares of Post Holdings, Inc. (POST)

IndexIQ Advisors LLC grew its stake in Post Holdings, Inc. (NYSE:POST) by 412.9% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 7,616 shares of the company’s stock after purchasing an additional 6,131 shares during the period. IndexIQ Advisors LLC’s holdings in Post Holdings were worth $673,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in the company. Dorsey & Whitney Trust CO LLC increased its holdings in shares of Post Holdings by 2.2% in the second quarter. Dorsey & Whitney Trust CO LLC now owns 2,744 shares of the company’s stock valued at $213,000 after purchasing an additional 60 shares during the period. Utah Retirement Systems boosted its stake in shares of Post Holdings by 0.8% in the second quarter. Utah Retirement Systems now owns 11,900 shares of the company’s stock valued at $924,000 after buying an additional 100 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in shares of Post Holdings by 9.5% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,194 shares of the company’s stock valued at $170,000 after buying an additional 190 shares in the last quarter. Alpha Windward LLC boosted its stake in shares of Post Holdings by 3.7% in the second quarter. Alpha Windward LLC now owns 5,973 shares of the company’s stock valued at $464,000 after buying an additional 213 shares in the last quarter. Finally, Raymond James Trust N.A. boosted its stake in shares of Post Holdings by 6.6% in the second quarter. Raymond James Trust N.A. now owns 3,484 shares of the company’s stock valued at $270,000 after buying an additional 217 shares in the last quarter.

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Post Holdings, Inc. (NYSE:POST) opened at $80.15 on Tuesday. Post Holdings, Inc. has a 1 year low of $69.10 and a 1 year high of $89.04. The stock has a market capitalization of $5,253.52, a price-to-earnings ratio of 32.95 and a beta of 0.11. The company has a debt-to-equity ratio of 2.31, a quick ratio of 5.47 and a current ratio of 6.43.

POST has been the topic of a number of research analyst reports. Zacks Investment Research downgraded Post Holdings from a “hold” rating to a “strong sell” rating in a research report on Friday, October 6th. BidaskClub upgraded Post Holdings from a “hold” rating to a “buy” rating in a research report on Thursday, September 28th. Wells Fargo & Company upped their price objective on Post Holdings from $96.00 to $106.00 and gave the company an “outperform” rating in a research report on Wednesday, October 4th. Pivotal Research reiterated a “buy” rating and issued a $105.00 target price on shares of Post Holdings in a research note on Wednesday, September 20th. Finally, BMO Capital Markets upgraded Post Holdings from a “market perform” rating to an “outperform” rating and set a $106.00 price target for the company in a research note on Wednesday, September 20th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and seven have issued a buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus price target of $101.83.

Post Holdings Profile

Post Holdings, Inc is a consumer packaged goods holding company. The Company operates through four segments, namely, Post Consumer Brands, Michael Foods Group, Active Nutrition and Private Brands. The Company’s Post Consumer Brands segment includes the Post Foods branded ready-to-eat cereal operations and the business of MOM Brands.

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Institutional Ownership by Quarter for Post Holdings (NYSE:POST)

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