Tourbillon Capital Partners LP Has Upped Post Hldgs (POST) Stake by $84.39 Million; Keystone Financial Planning Position in Abb LTD (ABB) Has Cut by $476,328

February 17, 2018 - By Ellis Scott

Jason Karp increased its stake in Post Hldgs Inc (POST) by 799.17% based on its latest 2017Q3 regulatory filing with the SEC. Tourbillon Capital Partners Lp bought 959,008 shares as the company’s stock declined 1.97% while stock markets rallied. The hedge fund run by Jason Karp held 1.08 million shares of the consumer non-durables company at the end of 2017Q3, valued at $95.24 million, up from 120,000 at the end of the previous reported quarter. Tourbillon Capital Partners Lp who had been investing in Post Hldgs Inc for a number of months, seems to be bullish on the $5.15B market cap company. The stock increased 2.60% or $1.99 during the last trading session, reaching $78.5. About 1.06M shares traded or 5.99% up from the average. Post Holdings, Inc. (NYSE:POST) has risen 11.46% since February 17, 2017 and is uptrending. It has underperformed by 5.24% the S&P500.

Keystone Financial Planning Inc decreased its stake in Abb Ltd (ABB) by 15.31% based on its latest 2017Q3 regulatory filing with the SEC. Keystone Financial Planning Inc sold 19,847 shares as the company’s stock rose 9.90% with the market. The institutional investor held 109,809 shares of the electrical products company at the end of 2017Q3, valued at $2.72M, down from 129,656 at the end of the previous reported quarter. Keystone Financial Planning Inc who had been investing in Abb Ltd for a number of months, seems to be less bullish one the $51.67B market cap company. The stock decreased 0.20% or $0.05 during the last trading session, reaching $25.42. About 3.01M shares traded or 46.10% up from the average. ABB Ltd (NYSE:ABB) has risen 23.97% since February 17, 2017 and is uptrending. It has outperformed by 7.27% the S&P500.

Keystone Financial Planning Inc, which manages about $143.92M and $176.35 million US Long portfolio, upped its stake in Vang High Div Yld (VYM) by 9,183 shares to 103,692 shares, valued at $8.41 million in 2017Q3, according to the filing. It also increased its holding in United Parcel Svc (NYSE:UPS) by 3,902 shares in the quarter, for a total of 8,910 shares, and has risen its stake in Dominion Energy (NYSE:D).

Among 15 analysts covering ABB Ltd (NYSE:ABB), 7 have Buy rating, 2 Sell and 6 Hold. Therefore 47% are positive. ABB Ltd had 37 analyst reports since August 21, 2015 according to SRatingsIntel. The company was upgraded on Friday, August 21 by HSBC. The firm has “Hold” rating given on Thursday, April 21 by Societe Generale. The rating was upgraded by Jefferies on Friday, October 9 to “Hold”. BNP Paribas downgraded the stock to “Neutral” rating in Tuesday, May 23 report. Morgan Stanley maintained ABB Ltd (NYSE:ABB) on Friday, March 24 with “Buy” rating. As per Wednesday, December 9, the company rating was maintained by Barclays Capital. The firm has “Neutral” rating by UBS given on Friday, January 22. The stock has “Buy” rating by Robert W. Baird on Wednesday, October 4. The company was downgraded on Tuesday, September 22 by JP Morgan. Robert W. Baird downgraded the stock to “Hold” rating in Wednesday, January 17 report.

Tourbillon Capital Partners Lp, which manages about $1.12 billion and $4.13 billion US Long portfolio, decreased its stake in Amicus Therapeutics Inc (Put) (NASDAQ:FOLD) by 840,700 shares to 250,000 shares, valued at $3.77 million in 2017Q3, according to the filing. It also reduced its holding in Gartner Inc (NYSE:IT) by 191,175 shares in the quarter, leaving it with 912,822 shares, and cut its stake in Dish Network Corp (NASDAQ:DISH).

Among 13 analysts covering Post (NYSE:POST), 12 have Buy rating, 0 Sell and 1 Hold. Therefore 92% are positive. Post had 31 analyst reports since August 10, 2015 according to SRatingsIntel. BMO Capital Markets upgraded Post Holdings, Inc. (NYSE:POST) rating on Tuesday, September 19. BMO Capital Markets has “Buy” rating and $106.0 target. The firm has “Buy” rating by Pivotal Research given on Friday, May 6. Stifel Nicolaus downgraded Post Holdings, Inc. (NYSE:POST) on Thursday, May 11 to “Buy” rating. The stock of Post Holdings, Inc. (NYSE:POST) earned “Buy” rating by SunTrust on Thursday, November 16. The stock has “Buy” rating by Pivotal Research on Thursday, May 11. The stock of Post Holdings, Inc. (NYSE:POST) earned “Outperform” rating by BMO Capital Markets on Monday, August 24. The stock has “Outperform” rating by Wells Fargo on Tuesday, February 6. On Thursday, August 10 the stock rating was maintained by Stifel Nicolaus with “Buy”. Citigroup upgraded the stock to “Buy” rating in Monday, August 10 report. The company was initiated on Thursday, May 26 by KeyBanc Capital Markets.

Since February 6, 2018, it had 2 buys, and 0 selling transactions for $299,691 activity. VITALE ROBERT V also bought $200,514 worth of Post Holdings, Inc. (NYSE:POST) on Tuesday, February 6.

Investors sentiment increased to 1.09 in 2017 Q3. Its up 0.04, from 1.05 in 2017Q2. It is positive, as 33 investors sold POST shares while 77 reduced holdings. 38 funds opened positions while 82 raised stakes. 71.70 million shares or 1.02% more from 70.98 million shares in 2017Q2 were reported. Victory Incorporated holds 0.39% or 1.97M shares. Virginia Retirement Et Al holds 3,900 shares or 0% of its portfolio. Richmond Hill Investments Ltd Limited Liability Company accumulated 149,893 shares. Brown Advisory accumulated 11,880 shares. 8,178 were accumulated by Signalpoint Asset Management Limited Liability Corp. Blackrock reported 5.25M shares stake. Schwab Charles Inv Management Incorporated holds 217,249 shares or 0.02% of its portfolio. Kbc Group Nv invested 0.03% of its portfolio in Post Holdings, Inc. (NYSE:POST). Great West Life Assurance Can holds 0.01% of its portfolio in Post Holdings, Inc. (NYSE:POST) for 39,433 shares. Nationwide Fund Advisors has 0.04% invested in Post Holdings, Inc. (NYSE:POST) for 128,758 shares. B And T Dba Alpha holds 15,957 shares. 14,173 are held by First Mercantile Trust. D E Shaw And Company has 584,934 shares for 0.08% of their portfolio. Moreover, Diamond Hill Cap Mgmt has 0.62% invested in Post Holdings, Inc. (NYSE:POST) for 1.34 million shares. Pnc Group owns 92,779 shares or 0.01% of their US portfolio.

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