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

Shares of Post Holdings, Inc. (NYSE:POST) have received an average rating of “Moderate Buy” from the six ratings firms that are currently covering the firm, MarketBeat reports. One research analyst has rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is $127.17.

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

Post Stock Down 1.4 %

Shares of Post stock opened at $112.74 on Wednesday. The company has a market cap of $6.37 billion, a price-to-earnings ratio of 18.57 and a beta of 0.65. The company’s 50 day moving average is $110.30 and its 200 day moving average is $113.03. Post has a twelve month low of $99.62 and a twelve month high of $125.84. The company has a quick ratio of 1.64, a current ratio of 2.39 and a debt-to-equity ratio of 1.78.

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

Insider Transactions at Post

In related news, CEO Nicolas Catoggio sold 5,000 shares of the firm’s stock in a transaction on Tuesday, February 25th. The shares were sold at an average price of $116.50, for a total transaction of $582,500.00. Following the completion of the transaction, the chief executive officer now directly owns 55,501 shares of the company’s stock, valued at approximately $6,465,866.50. This trade represents a 8.26 % 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, SVP Bradly A. Harper sold 1,000 shares of Post stock in a transaction on Thursday, December 5th. The shares were sold at an average price of $120.09, for a total transaction of $120,090.00. Following the completion of the sale, the senior vice president now owns 11,220 shares in the company, valued at approximately $1,347,409.80. This represents a 8.18 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 35,096 shares of company stock valued at $4,020,265 over the last three months. Corporate insiders own 11.40% of the company’s stock.

Institutional Trading of Post

A number of institutional investors and hedge funds have recently bought and sold shares of POST. Creative Planning increased its holdings in Post by 13.3% in the 3rd quarter. Creative Planning now owns 2,250 shares of the company’s stock valued at $260,000 after acquiring an additional 264 shares during the last quarter. Blue Trust Inc. increased its holdings in Post by 382.1% in the 3rd quarter. Blue Trust Inc. now owns 1,080 shares of the company’s stock valued at $125,000 after acquiring an additional 856 shares during the last quarter. Assenagon Asset Management S.A. bought a new stake in Post in the 3rd quarter valued at $2,190,000. Adams Diversified Equity Fund Inc. bought a new stake in Post in the 3rd quarter valued at $14,480,000. Finally, New York State Teachers Retirement System increased its holdings in Post by 1.2% in the 3rd quarter. New York State Teachers Retirement System now owns 65,742 shares of the company’s stock valued at $7,610,000 after acquiring an additional 811 shares during the last quarter. 94.85% of the stock is currently owned by institutional investors.

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.