Post Holdings, Inc. (NYSE:POST) Given Average Recommendation of “Moderate Buy” by Brokerages

Post Holdings, Inc. (NYSE:POST) has received an average recommendation of “Moderate Buy” from the seven ratings firms that are covering the company, MarketBeat reports. One investment analyst has rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average 1-year target price among brokers that have covered the stock in the last year is $123.57.

Several research firms have weighed in on POST. Piper Sandler dropped their price objective on shares of Post from $140.00 to $120.00 and set an “overweight” rating on the stock in a research note on Thursday, January 16th. Wells Fargo & Company reduced their price objective on shares of Post from $120.00 to $116.00 and set an “equal weight” rating for the company in a research note on Tuesday, November 19th. Finally, Evercore ISI upped their target price on 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, SVP Bradly A. Harper sold 1,000 shares of the business’s stock in a transaction dated Thursday, December 5th. The stock was sold at an average price of $120.09, for a total transaction of $120,090.00. Following the transaction, the senior vice president now directly owns 11,220 shares in the company, valued at $1,347,409.80. The trade was a 8.18 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, COO Jeff A. Zadoks sold 28,969 shares of the company’s stock in a transaction that occurred on Wednesday, November 27th. The shares were sold at an average price of $119.96, for a total value of $3,475,121.24. Following the completion of the transaction, the chief operating officer now directly owns 67,788 shares of the company’s stock, valued at approximately $8,131,848.48. This trade represents a 29.94 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 35,969 shares of company stock valued at $4,322,051. 11.40% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of POST. Hennessy Advisors Inc. acquired a new stake in Post during the fourth quarter valued at approximately $56,864,000. Holocene Advisors LP boosted its stake in Post by 21.0% in the 3rd 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 in the last quarter. Braun Stacey Associates Inc. bought a new stake in Post in the third quarter valued at $23,089,000. Allspring Global Investments Holdings LLC raised its stake in Post by 901.9% during the third quarter. Allspring Global Investments Holdings LLC now owns 179,222 shares of the company’s stock worth $20,745,000 after acquiring an additional 161,334 shares in the last quarter. Finally, The Manufacturers Life Insurance Company lifted its holdings in shares of Post by 352.0% during the third quarter. The Manufacturers Life Insurance Company now owns 196,193 shares of the company’s stock valued at $22,709,000 after acquiring an additional 152,791 shares during the period. 94.85% of the stock is currently owned by institutional investors and hedge funds.

Post Price Performance

Shares of POST opened at $106.14 on Friday. The business’s 50-day moving average is $113.04 and its 200-day moving average is $112.88. The company has a debt-to-equity ratio of 1.66, a current ratio of 2.36 and a quick ratio of 1.56. The company has a market capitalization of $6.18 billion, a price-to-earnings ratio of 18.82 and a beta of 0.66. Post has a fifty-two week low of $92.54 and a fifty-two week high of $125.84.

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.