Post Holdings, Inc. (NYSE:POST) Receives $127.17 Average Target Price from Brokerages

Shares of Post Holdings, Inc. (NYSE:POST) have received a consensus rating of “Moderate Buy” from the six brokerages that are covering the company, MarketBeat Ratings reports. One investment analyst has rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 1 year target price among analysts that have issued a report on the stock in the last year is $127.17.

Several research analysts have recently commented on the company. Evercore ISI boosted their price objective on Post from $123.00 to $126.00 and gave the stock an “outperform” rating in a report on Monday, November 18th. Wells Fargo & Company upped their target price on Post from $116.00 to $122.00 and gave the stock an “equal weight” rating in a research note on Monday, February 10th. Finally, Piper Sandler upped their target price on Post from $120.00 to $140.00 and gave the stock an “overweight” rating in a research note on Monday, February 10th.

Insider Transactions at Post

In other news, CAO Diedre J. Gray sold 15,157 shares of the stock in a transaction on Friday, February 21st. The stock was sold at an average price of $115.80, for a total value of $1,755,180.60. Following the sale, the chief accounting officer now directly owns 19,325 shares of the company’s stock, valued at approximately $2,237,835. This represents a 43.96 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Nicolas Catoggio sold 5,000 shares of the stock in a transaction on Tuesday, February 25th. The stock was sold at an average price of $116.50, for a total value of $582,500.00. Following the completion of the sale, the chief executive officer now directly owns 55,501 shares in the company, valued at approximately $6,465,866.50. This represents a 8.26 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 36,096 shares of company stock valued at $4,174,605. Insiders own 11.40% of the company’s stock.

Institutional Investors Weigh In On Post

Institutional investors have recently modified their holdings of the stock. Vanguard Group Inc. boosted its position in shares of Post by 0.3% during the fourth 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. Dimensional Fund Advisors LP boosted its position in shares of Post by 2.3% during the fourth quarter. Dimensional Fund Advisors LP now owns 3,201,394 shares of the company’s stock valued at $366,428,000 after buying an additional 70,850 shares during the last quarter. Holocene Advisors LP boosted its position in shares of Post by 21.0% during the third quarter. Holocene Advisors LP now owns 1,405,298 shares of the company’s stock valued at $162,663,000 after buying an additional 244,221 shares during the last quarter. Point72 Asset Management L.P. boosted its position in shares of Post by 53.4% during the fourth quarter. Point72 Asset Management L.P. now owns 1,045,306 shares of the company’s stock valued at $119,646,000 after buying an additional 364,006 shares during the last quarter. Finally, The Manufacturers Life Insurance Company boosted its position in shares of Post by 403.1% during the fourth quarter. The Manufacturers Life Insurance Company now owns 986,975 shares of the company’s stock valued at $112,969,000 after buying an additional 790,782 shares during the last quarter. 94.85% of the stock is owned by hedge funds and other institutional investors.

Post Trading Up 1.1 %

Shares of Post stock opened at $113.61 on Wednesday. Post has a 52-week low of $99.62 and a 52-week high of $125.84. The stock’s 50-day simple moving average is $110.35 and its 200 day simple moving average is $113.03. The stock has a market capitalization of $6.42 billion, a P/E ratio of 18.72 and a beta of 0.65. The company has a debt-to-equity ratio of 1.78, a quick ratio of 1.64 and a current ratio of 2.39.

Post (NYSE:POST) last announced its quarterly earnings results on Thursday, February 6th. The company reported $1.73 earnings per share for the quarter, beating the consensus estimate of $1.49 by $0.24. Post had a return on equity of 10.48% and a net margin of 4.94%. As a group, research analysts anticipate that Post will post 6.41 EPS for the current year.

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.