Here’s What Makes Post Holdings (POST) a Good Investment Choice

Diamond Hill Capital Management, an investment advisor, released its “Small Cap Fund” second quarter 2022 investor letter. A copy of the same can be downloaded here. The second quarter was challenging for US stocks and the Russell 2000 Index fell by more than 17%. The volatile market condition affected the fund’s portfolio performance; however, the fund performed better compared to the Russell 2000 Index. In addition, you can check the top 5 holdings of the fund to know its best picks in 2022.

In the second quarter investor letter, Diamond Hill Capital Management discussed stocks like Post Holdings, Inc. (NYSE:POST). Headquartered in Saint Louis, Missouri, Post Holdings, Inc. (NYSE:POST) operates as packaged consumer goods company. On September 2, 2022, Post Holdings, Inc. (NYSE:POST) stock closed at $87.69 per share. One-month return of Post Holdings, Inc. (NYSE:POST) was -2.61% and its shares gained 21.60% of their value over the last 52 weeks. Post Holdings, Inc. (NYSE:POST) has a market capitalization of $5.24 billion.

Here is what Diamond Hill Capital Management specifically said about Post Holdings, Inc. (NYSE:POST):

“On an individual holdings’ basis, top contributors to return in Q2 included Post Holdings, Inc. (NYSE:POST), UFP Technologies (UFPT) and First Interstate BancSystem (FIBK). Diversified food company Post Holdings is benefiting from solid organic revenue growth and a recovery in its foodservice business. In general, its management has been a good allocator of capital, creating value while moving away from its legacy cereal business toward faster growing segments like nutrition products.”

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Post Holdings, Inc. (NYSE:POST) is not on the list of 30 Most Popular Stocks Among Hedge Funds. Post Holdings, Inc. (NYSE:POST) was held by 26 hedge fund portfolios at the end of the second quarter compared to 36 in the previous quarter.

We discussed Post Holdings, Inc. (NYSE:POST) in another article and shared the best stock picks of Mark Kleiman’s Factorial Partners. You can check out our hedge fund investor letters Q2 2022 page for more investor letters from hedge funds and other prominent investors.

Disclosure: None. This article is originally published at Insider Monkey.