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

Post Holdings, Inc. (NYSE:POST) has been given an average rating of “Moderate Buy” by the six brokerages that are currently covering the stock, Marketbeat reports. One equities research analyst has rated the stock with a hold rating and five have issued a buy rating on the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is $127.17.

A number of equities research analysts have recently commented on POST shares. Wells Fargo & Company increased their price objective on Post from $116.00 to $122.00 and gave the company an “equal weight” rating in a research report on Monday, February 10th. Piper Sandler increased their price target on Post from $120.00 to $140.00 and gave the company an “overweight” rating in a research report on Monday, February 10th.

Insider Activity at Post

In other Post news, SVP Bradly A. Harper sold 2,000 shares of the company’s stock in a transaction that occurred on Tuesday, March 4th. The shares were sold at an average price of $114.59, for a total value of $229,180.00. Following the transaction, the senior vice president now owns 8,741 shares in the company, valued at approximately $1,001,631.19. This represents a 18.62 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CAO Diedre J. Gray sold 15,157 shares of Post stock in a transaction on Friday, February 21st. The shares were sold at an average price of $115.80, for a total transaction 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 $2,237,835. This trade represents a 43.96 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 36,096 shares of company stock valued at $4,129,355. Company insiders own 11.40% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Empowered Funds LLC acquired a new position in Post in the third quarter worth approximately $323,000. Ontario Teachers Pension Plan Board bought a new position in shares of Post during the 3rd quarter valued at $369,000. Cerity Partners LLC raised its holdings in shares of Post by 46.6% during the 3rd quarter. Cerity Partners LLC now owns 30,562 shares of the company’s stock valued at $3,538,000 after purchasing an additional 9,711 shares in the last quarter. The Manufacturers Life Insurance Company lifted its stake in shares of Post by 352.0% in the 3rd quarter. The Manufacturers Life Insurance Company now owns 196,193 shares of the company’s stock valued at $22,709,000 after purchasing an additional 152,791 shares during the last quarter. Finally, Point72 Asia Singapore Pte. Ltd. increased its position in Post by 905.4% during the third quarter. Point72 Asia Singapore Pte. Ltd. now owns 6,012 shares of the company’s stock worth $696,000 after buying an additional 5,414 shares during the last quarter. 94.85% of the stock is owned by institutional investors and hedge funds.

Post Trading Down 0.6 %

Shares of POST stock opened at $115.01 on Friday. The company has a quick ratio of 1.64, a current ratio of 2.39 and a debt-to-equity ratio of 1.78. The stock has a 50-day simple moving average of $111.31 and a 200 day simple moving average of $112.72. Post has a fifty-two week low of $99.62 and a fifty-two week high of $125.84. The stock has a market capitalization of $6.50 billion, a P/E ratio of 18.95 and a beta of 0.65.

Post (NYSE:POST) last announced 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 net margin of 4.94% and a return on equity of 10.48%. On average, sell-side analysts expect that Post will post 6.41 earnings per share for the current fiscal year.

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.