Post (NYSE:POST) Price Target Raised to $122.00

Post (NYSE:POST) had its price target increased by equities researchers at Wells Fargo & Company from $116.00 to $122.00 in a research note issued to investors on Monday,Benzinga reports. The brokerage presently has an “equal weight” rating on the stock. Wells Fargo & Company‘s target price indicates a potential upside of 9.66% from the stock’s current price.

POST has been the subject of a number of other research reports. Evercore ISI raised their price objective on shares of Post from $123.00 to $126.00 and gave the stock an “outperform” rating in a research note on Monday, November 18th. Piper Sandler raised their target price on Post from $120.00 to $140.00 and gave the stock an “overweight” rating in a research report on Monday. One research analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. According to MarketBeat.com, Post currently has a consensus rating of “Moderate Buy” and a consensus price target of $127.17.

Post Stock Up 1.3 %

Shares of Post stock opened at $111.25 on Monday. Post has a 12-month low of $99.62 and a 12-month high of $125.84. The firm has a market capitalization of $6.47 billion, a PE ratio of 18.33 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. The stock’s fifty day moving average is $111.56 and its 200-day moving average is $112.85.

Post (NYSE:POST) last posted its quarterly earnings data on Thursday, February 6th. The company reported $1.73 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.49 by $0.24. Post had a return on equity of 10.40% and a net margin of 4.94%. Equities analysts anticipate that Post will post 6.3 earnings per share for the current year.

Insider Buying and Selling at Post

In related news, CEO Nicolas Catoggio sold 6,000 shares of Post stock in a transaction on Monday, December 2nd. The shares were sold at an average price of $121.14, for a total value of $726,840.00. Following the completion of the sale, the chief executive officer now owns 70,501 shares of the company’s stock, valued at approximately $8,540,491.14. The trade was a 7.84 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, COO Jeff A. Zadoks sold 28,969 shares of the company’s stock in a transaction 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 completion of the sale, the chief operating officer now owns 67,788 shares of the company’s stock, valued at $8,131,848.48. This represents a 29.94 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 35,969 shares of company stock worth $4,322,051 over the last 90 days. 11.40% of the stock is currently owned by corporate insiders.

Institutional Trading of Post

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. EntryPoint Capital LLC bought a new position in shares of Post in the 4th quarter valued at approximately $247,000. Vanguard Group Inc. grew its stake in Post by 0.3% in the 4th quarter. Vanguard Group Inc. now owns 5,140,299 shares of the company’s stock valued at $588,359,000 after buying an additional 13,272 shares during the last quarter. LPL Financial LLC raised its holdings in Post by 59.2% in the 4th quarter. LPL Financial LLC now owns 49,764 shares of the company’s stock worth $5,696,000 after acquiring an additional 18,506 shares during the period. KLP Kapitalforvaltning AS acquired a new position in Post during the 4th quarter worth $1,522,000. Finally, TD Private Client Wealth LLC boosted its holdings in Post by 11.9% during the fourth quarter. TD Private Client Wealth LLC now owns 9,578 shares of the company’s stock valued at $1,096,000 after acquiring an additional 1,015 shares during the period. 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.