Post (NYSE:POST) Price Target Raised to $115.00 at Barclays

Post (NYSE:POSTGet Free Report) had its target price hoisted by equities researchers at Barclays from $105.00 to $115.00 in a research note issued to investors on Tuesday, Benzinga reports. The firm currently has an “overweight” rating on the stock. Barclays‘s price objective points to a potential upside of 10.26% from the stock’s previous close.

Several other research firms have also issued reports on POST. Wells Fargo & Company began coverage on shares of Post in a research report on Tuesday, December 12th. They issued an “equal weight” rating and a $92.00 price target on the stock. Stifel Nicolaus raised their price target on shares of Post from $98.00 to $115.00 and gave the stock a “buy” rating in a research report on Monday. JPMorgan Chase & Co. initiated coverage on shares of Post in a research report on Friday, October 13th. They set an “overweight” rating and a $100.00 target price on the stock. Finally, Mizuho lifted their target price on shares of Post from $110.00 to $128.00 and gave the company a “buy” rating in a research report on Monday. Three analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $109.67.

Check Out Our Latest Stock Report on Post

Post Stock Performance

NYSE:POST opened at $104.30 on Tuesday. Post has a 1 year low of $78.85 and a 1 year high of $105.21. The firm’s fifty day simple moving average is $91.23 and its 200 day simple moving average is $87.59. The company has a current ratio of 1.99, a quick ratio of 1.00 and a debt-to-equity ratio of 1.60. The firm has a market capitalization of $6.33 billion, a PE ratio of 22.38 and a beta of 0.65.

Post (NYSE:POSTGet Free Report) last posted its earnings results on Thursday, November 16th. The company reported $1.63 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.38 by $0.25. Post had a net margin of 4.03% and a return on equity of 10.51%. The business had revenue of $1.95 billion for the quarter, compared to analyst estimates of $1.95 billion. On average, sell-side analysts anticipate that Post will post 5.17 EPS for the current year.

Insiders Place Their Bets

In related news, Director Dorothy M. Burwell sold 700 shares of the business’s stock in a transaction that occurred on Thursday, November 30th. The shares were sold at an average price of $84.22, for a total transaction of $58,954.00. Following the completion of the sale, the director now directly owns 3,765 shares of the company’s stock, valued at $317,088.30. The transaction was disclosed in a legal filing with the SEC, which is available at this link. In related news, Director Dorothy M. Burwell sold 700 shares of the business’s stock in a transaction that occurred on Thursday, November 30th. The shares were sold at an average price of $84.22, for a total transaction of $58,954.00. Following the completion of the sale, the director now directly owns 3,765 shares of the company’s stock, valued at $317,088.30. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Thomas C. Erb purchased 5,000 shares of the company’s stock in a transaction that occurred on Monday, November 20th. The shares were acquired at an average cost of $84.48 per share, with a total value of $422,400.00. Following the completion of the purchase, the director now owns 30,775 shares of the company’s stock, valued at $2,599,872. The disclosure for this purchase can be found here. Over the last three months, insiders sold 7,700 shares of company stock valued at $659,914. Insiders own 10.70% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the company. Envestnet Portfolio Solutions Inc. increased its position in shares of Post by 31.2% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 3,226 shares of the company’s stock worth $284,000 after acquiring an additional 768 shares in the last quarter. Dimensional Fund Advisors LP increased its position in shares of Post by 9.0% during the fourth quarter. Dimensional Fund Advisors LP now owns 3,002,286 shares of the company’s stock worth $264,382,000 after acquiring an additional 249,155 shares in the last quarter. Jump Financial LLC increased its position in shares of Post by 20.6% during the fourth quarter. Jump Financial LLC now owns 19,558 shares of the company’s stock worth $1,722,000 after acquiring an additional 3,337 shares in the last quarter. BNP Paribas Financial Markets increased its position in shares of Post by 82.1% during the fourth quarter. BNP Paribas Financial Markets now owns 109,762 shares of the company’s stock worth $9,666,000 after acquiring an additional 49,471 shares in the last quarter. Finally, Thompson Siegel & Walmsley LLC increased its position in shares of Post by 0.8% during the fourth quarter. Thompson Siegel & Walmsley LLC now owns 1,095,572 shares of the company’s stock worth $96,476,000 after acquiring an additional 8,939 shares in the last quarter. Institutional investors and hedge funds own 91.98% 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.

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