Post Holdings, Inc. (NYSE:POST) Receives $123.57 Average PT from Brokerages

Shares of Post Holdings, Inc. (NYSE:POST) have been assigned a consensus rating of “Moderate Buy” from the six analysts that are presently covering the stock, MarketBeat reports. One investment analyst has rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 12 month price objective among brokerages that have issued a report on the stock in the last year is $122.83.

Several research firms have recently issued reports on POST. Piper Sandler reduced their target price on Post from $140.00 to $120.00 and set an “overweight” rating on the stock in a report on Thursday, January 16th. Evercore ISI raised their target price on shares of Post from $123.00 to $126.00 and gave the company an “outperform” rating in a report on Monday, November 18th. Finally, Wells Fargo & Company cut their price target on shares of Post from $120.00 to $116.00 and set an “equal weight” rating for the company in a report on Tuesday, November 19th.

Insider Transactions at Post

In other news, SVP Bradly A. Harper sold 1,000 shares of the company’s stock in a transaction that occurred on Thursday, December 5th. The stock was sold at an average price of $120.09, for a total value of $120,090.00. Following the completion of the transaction, the senior vice president now owns 11,220 shares of the company’s stock, valued at $1,347,409.80. This represents a 8.18 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CEO Nicolas Catoggio sold 6,000 shares of Post stock in a transaction that occurred on Monday, December 2nd. The stock was sold at an average price of $121.14, for a total transaction of $726,840.00. Following the sale, the chief executive officer now owns 70,501 shares in the company, valued at approximately $8,540,491.14. This represents a 7.84 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 35,969 shares of company stock valued at $4,322,051. 11.40% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Post

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. V Square Quantitative Management LLC acquired a new stake in Post in the third quarter valued at $27,000. Fortitude Family Office LLC boosted its holdings in Post by 426.0% in the fourth quarter. Fortitude Family Office LLC now owns 263 shares of the company’s stock valued at $30,000 after acquiring an additional 213 shares during the last quarter. Ashton Thomas Securities LLC acquired a new stake in Post during the 3rd quarter valued at approximately $33,000. Quarry LP raised its holdings in Post by 244.9% during the 3rd quarter. Quarry LP now owns 338 shares of the company’s stock worth $39,000 after purchasing an additional 240 shares during the last quarter. Finally, Sound Income Strategies LLC acquired a new position in shares of Post in the 4th quarter worth approximately $54,000. 94.85% of the stock is currently owned by institutional investors and hedge funds.

Post Stock Performance

NYSE POST opened at $112.57 on Friday. The firm has a 50-day moving average price of $111.94 and a two-hundred day moving average price of $112.77. Post has a 12-month low of $99.62 and a 12-month high of $125.84. The company has a market capitalization of $6.55 billion, a P/E ratio of 19.96 and a beta of 0.65. The company has a quick ratio of 1.56, a current ratio of 2.36 and a debt-to-equity ratio of 1.66.

Post (NYSE:POST) last issued its quarterly earnings results on Thursday, February 6th. The company reported $1.73 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.49 by $0.24. Post had a return on equity of 10.49% and a net margin of 4.63%. Analysts anticipate that Post will post 6.3 earnings per share for the current year.

Post Company Profile

Post Holdings, Inc operates as a consumer packaged goods holding company in the United States and internationally. It operates through four segments: Post Consumer Brands, Weetabix, Foodservice, and Refrigerated Retail. The Post Consumer Brands segment manufactures, markets, and sells branded and private label ready-to-eat (RTE) cereals under Honey Bunches of Oats, Pebbles, and Malt-O-Meal brand names; hot cereal; peanut butter under the Peter Pan brand; and branded and private label dog and cat food products under Rachael Ray Nutrish, Nature's Recipe, 9Lives, Kibbles 'n Bits and Gravy Train brand names.