Post Holdings, Inc. (NYSE:POST) Receives $124.17 Consensus Target Price from Analysts

Shares of Post Holdings, Inc. (NYSE:POST) have earned a consensus rating of “Moderate Buy” from the six ratings firms that are covering the company, MarketBeat Ratings reports. One analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. The average 1 year price target among brokerages that have updated their coverage on the stock in the last year is $124.17.

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

Insider Buying and Selling

In related news, CEO Nicolas Catoggio sold 6,000 shares of the stock in a transaction dated Monday, December 2nd. The stock was sold at an average price of $121.14, for a total transaction of $726,840.00. Following the transaction, the chief executive officer now owns 70,501 shares of the company’s stock, valued at approximately $8,540,491.14. This represents a 7.84 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, COO Jeff A. Zadoks sold 28,969 shares of the stock in a transaction that occurred on Wednesday, November 27th. The stock was sold at an average price of $119.96, for a total transaction of $3,475,121.24. Following the sale, the chief operating officer now owns 67,788 shares in the company, valued at approximately $8,131,848.48. This trade represents a 29.94 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 35,969 shares of company stock worth $4,322,051. Company insiders own 11.40% of the company’s stock.

Hedge Funds Weigh In On Post

A number of institutional investors and hedge funds have recently added to or reduced their stakes in POST. V Square Quantitative Management LLC purchased a new position in shares of Post in the 3rd quarter valued at $27,000. Fortitude Family Office LLC grew its position in shares of Post by 426.0% during the fourth quarter. Fortitude Family Office LLC now owns 263 shares of the company’s stock worth $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 worth $33,000. Quarry LP increased its stake in Post by 244.9% in the third quarter. Quarry LP now owns 338 shares of the company’s stock valued at $39,000 after purchasing an additional 240 shares during the period. Finally, Point72 Asia Singapore Pte. Ltd. acquired a new position in Post in the 2nd quarter valued at about $62,000. 94.85% of the stock is owned by institutional investors and hedge funds.

Post Trading Down 1.6 %

Post stock opened at $105.80 on Tuesday. The stock has a 50-day moving average of $113.81 and a two-hundred day moving average of $112.68. The stock has a market cap of $6.16 billion, a PE ratio of 18.76 and a beta of 0.66. The company has a debt-to-equity ratio of 1.66, a quick ratio of 1.56 and a current ratio of 2.36. Post has a one year low of $91.09 and a one year high of $125.84.

About Post

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.