Wells Fargo & Company Cuts Post (NYSE:POST) Price Target to $116.00

Post (NYSE:POST) had its price objective reduced by Wells Fargo & Company from $120.00 to $116.00 in a research report report published on Tuesday morning,Benzinga reports. They currently have an equal weight rating on the stock.

Several other equities analysts have also weighed in on POST. Stifel Nicolaus lifted their target price on shares of Post from $120.00 to $130.00 and gave the company a “buy” rating in a report on Monday, August 5th. Evercore ISI boosted their price objective on shares of Post from $123.00 to $126.00 and gave the stock an “outperform” rating in a report on Monday, November 18th. Finally, JPMorgan Chase & Co. boosted their price objective on shares of Post from $118.00 to $125.00 and gave the stock an “overweight” rating in a report on Tuesday, August 6th. One research analyst has rated the stock with a hold rating and five have given a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $124.17.

Post Stock Performance

NYSE:POST opened at $115.80 on Tuesday. The company has a current ratio of 2.36, a quick ratio of 1.56 and a debt-to-equity ratio of 1.66. The firm has a market capitalization of $6.77 billion, a price-to-earnings ratio of 20.02 and a beta of 0.64. The firm’s fifty day simple moving average is $112.58 and its 200 day simple moving average is $109.87. Post has a twelve month low of $83.73 and a twelve month high of $118.96.

Institutional Investors Weigh In On Post

A number of institutional investors have recently modified their holdings of the stock. SkyView Investment Advisors LLC raised its stake in shares of Post by 2.2% in the 3rd quarter. SkyView Investment Advisors LLC now owns 7,408 shares of the company’s stock valued at $857,000 after purchasing an additional 157 shares in the last quarter. Discipline Wealth Solutions LLC acquired a new stake in shares of Post in the 3rd quarter valued at about $234,000. TD Private Client Wealth LLC raised its stake in shares of Post by 1,993.6% in the 3rd quarter. TD Private Client Wealth LLC now owns 8,563 shares of the company’s stock valued at $991,000 after purchasing an additional 8,154 shares in the last quarter. Coldstream Capital Management Inc. raised its stake in shares of Post by 9.4% in the 3rd quarter. Coldstream Capital Management Inc. now owns 2,422 shares of the company’s stock valued at $280,000 after purchasing an additional 208 shares in the last quarter. Finally, PYA Waltman Capital LLC raised its stake in shares of Post by 1.7% in the 3rd quarter. PYA Waltman Capital LLC now owns 149,802 shares of the company’s stock valued at $17,340,000 after purchasing an additional 2,474 shares in the last quarter. 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.