Post Holdings, Inc. (NYSE:POST) Receives $124.33 Average PT from Brokerages

Post Holdings, Inc. (NYSE:POST) has earned a consensus recommendation of “Moderate Buy” from the six brokerages that are covering the stock, Marketbeat reports. One analyst has rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 12 month price target among brokers that have issued a report on the stock in the last year is $124.17.

A number of brokerages have commented on POST. JPMorgan Chase & Co. raised their price objective on Post from $118.00 to $125.00 and gave the company an “overweight” rating in a research note on Tuesday, August 6th. Stifel Nicolaus upped their target price on Post from $120.00 to $130.00 and gave the stock a “buy” rating in a research note on Monday, August 5th. Evercore ISI increased their price objective on Post from $123.00 to $126.00 and gave the company an “outperform” rating in a research note on Monday. Finally, Wells Fargo & Company dropped their price target on Post from $120.00 to $116.00 and set an “equal weight” rating for the company in a research note on Tuesday.

Post Stock Up 0.1 %

POST stock opened at $110.39 on Monday. The firm has a market capitalization of $6.45 billion, a PE ratio of 19.53 and a beta of 0.64. The company has a current ratio of 2.36, a quick ratio of 1.56 and a debt-to-equity ratio of 1.66. Post has a 1-year low of $83.73 and a 1-year high of $118.96. The business’s 50 day simple moving average is $112.69 and its 200 day simple moving average is $109.85.

Institutional Trading of Post

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Janney Montgomery Scott LLC acquired a new position in Post in the first quarter valued at about $605,000. Russell Investments Group Ltd. grew its holdings in Post by 7.1% during the first quarter. Russell Investments Group Ltd. now owns 50,805 shares of the company’s stock worth $5,400,000 after buying an additional 3,378 shares in the last quarter. State Board of Administration of Florida Retirement System lifted its position in shares of Post by 22.7% during the 1st quarter. State Board of Administration of Florida Retirement System now owns 67,016 shares of the company’s stock worth $7,122,000 after buying an additional 12,390 shares in the last quarter. Vanguard Group Inc. raised its position in Post by 6.7% in the first quarter. Vanguard Group Inc. now owns 5,288,249 shares of the company’s stock worth $562,035,000 after acquiring an additional 332,811 shares during the period. Finally, PYA Waltman Capital LLC lifted its holdings in Post by 0.6% during the 1st quarter. PYA Waltman Capital LLC now owns 150,375 shares of the company’s stock worth $15,982,000 after purchasing an additional 932 shares in the last quarter. Institutional investors and hedge funds own 94.85% of the company’s stock.

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.