Brokerages Set Post Holdings, Inc. (NYSE:POST) Target Price at $124.17

Shares of Post Holdings, Inc. (NYSE:POSTGet Free Report) have been assigned an average rating of “Moderate Buy” from the six ratings firms that are currently covering the stock, MarketBeat.com reports. One investment analyst has rated the stock with a hold rating and five have issued a buy rating on the company. The average 12-month target price among brokerages that have issued a report on the stock in the last year is $124.17.

A number of research analysts have recently weighed in on POST shares. Evercore ISI raised their price target on Post from $123.00 to $126.00 and gave the company an “outperform” rating in a research report on Monday, November 18th. Wells Fargo & Company lowered their price objective on shares of Post from $120.00 to $116.00 and set an “equal weight” rating on the stock in a research note on Tuesday, November 19th.

Get Our Latest Stock Report on Post

Post Stock Performance

POST opened at $107.51 on Tuesday. The stock’s 50 day simple moving average is $113.92 and its 200 day simple moving average is $112.64. The stock has a market cap of $6.26 billion, a P/E ratio of 19.06 and a beta of 0.66. Post has a 1-year low of $91.09 and a 1-year high of $125.84. The company has a debt-to-equity ratio of 1.66, a current ratio of 2.36 and a quick ratio of 1.56.

Insider Buying and Selling at Post

In other news, SVP Bradly A. Harper sold 1,000 shares of the firm’s stock in a transaction dated Thursday, December 5th. The stock was sold at an average price of $120.09, for a total value of $120,090.00. Following the transaction, the senior vice president now directly owns 11,220 shares in the company, valued at $1,347,409.80. This trade represents a 8.18 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Nicolas Catoggio sold 6,000 shares of the business’s stock in a transaction dated Monday, December 2nd. The stock was sold at an average price of $121.14, for a total value of $726,840.00. Following the sale, the chief executive officer now owns 70,501 shares of the company’s stock, valued at $8,540,491.14. The trade was a 7.84 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 35,969 shares of company stock worth $4,322,051. Corporate insiders own 11.40% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the business. Nordea Investment Management AB raised its position in Post by 5.3% in the fourth quarter. Nordea Investment Management AB now owns 49,502 shares of the company’s stock valued at $5,686,000 after purchasing an additional 2,480 shares during the period. GAMMA Investing LLC raised its holdings in shares of Post by 50.0% during the 4th quarter. GAMMA Investing LLC now owns 1,752 shares of the company’s stock valued at $201,000 after buying an additional 584 shares during the period. Versant Capital Management Inc lifted its position in Post by 71.3% during the 4th quarter. Versant Capital Management Inc now owns 930 shares of the company’s stock worth $106,000 after acquiring an additional 387 shares in the last quarter. Retirement Systems of Alabama boosted its holdings in Post by 4.7% in the 3rd quarter. Retirement Systems of Alabama now owns 102,173 shares of the company’s stock worth $11,827,000 after acquiring an additional 4,606 shares during the period. Finally, Oddo BHF Asset Management Sas acquired a new stake in Post in the third quarter valued at approximately $2,048,000. Hedge funds and other institutional investors own 94.85% of the company’s stock.

Post Company Profile

(Get Free Report

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.

Read More

Analyst Recommendations for Post (NYSE:POST)

Receive News & Ratings for Post Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Post and related companies with MarketBeat.com's FREE daily email newsletter.