Post Holdings, Inc. (NYSE:POST) Receives $113.67 Average PT from Brokerages

Shares of Post Holdings, Inc. (NYSE:POST) have earned an average recommendation of “Moderate Buy” from the six research firms that are presently covering the firm, Marketbeat.com reports. One analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. The average twelve-month price objective among brokers that have updated their coverage on the stock in the last year is $113.67.

Several research analysts have weighed in on POST shares. Barclays upped their target price on shares of Post from $115.00 to $120.00 and gave the stock an “overweight” rating in a research report on Tuesday, May 7th. Evercore ISI increased their price target on shares of Post from $118.00 to $122.00 and gave the company an “outperform” rating in a research report on Monday, May 6th. Finally, Stifel Nicolaus increased their price target on shares of Post from $115.00 to $120.00 and gave the company a “buy” rating in a research report on Monday, May 6th.

Post Trading Up 0.3 %

Shares of POST opened at $107.14 on Wednesday. The company has a current ratio of 2.16, a quick ratio of 1.20 and a debt-to-equity ratio of 1.61. The firm’s 50-day moving average is $104.56 and its two-hundred day moving average is $101.91. Post has a twelve month low of $78.85 and a twelve month high of $108.32. The firm has a market capitalization of $6.49 billion, a P/E ratio of 20.52 and a beta of 0.64.

Post (NYSE:POST) last issued its earnings results on Thursday, May 2nd. The company reported $1.51 earnings per share for the quarter, topping the consensus estimate of $1.29 by $0.22. Post had a net margin of 4.38% and a return on equity of 10.93%. The company had revenue of $2 billion for the quarter, compared to analyst estimates of $2.03 billion. During the same period in the prior year, the business posted $1.10 earnings per share. The firm’s revenue for the quarter was up 23.4% compared to the same quarter last year. On average, research analysts predict that Post will post 5.61 earnings per share for the current fiscal year.

Insider Activity

In related news, Director Robert E. Grote sold 16,845 shares of the firm’s stock in a transaction that occurred on Wednesday, June 5th. The shares were sold at an average price of $104.58, for a total transaction of $1,761,650.10. Following the sale, the director now owns 4,400 shares in the company, valued at $460,152. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In related news, Director Robert E. Grote sold 16,845 shares of the firm’s stock in a transaction that occurred on Wednesday, June 5th. The shares were sold at an average price of $104.58, for a total transaction of $1,761,650.10. Following the sale, the director now owns 4,400 shares in the company, valued at $460,152. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Nicolas Catoggio sold 1,500 shares of the firm’s stock in a transaction that occurred on Tuesday, May 7th. The stock was sold at an average price of $105.62, for a total transaction of $158,430.00. Following the sale, the chief executive officer now owns 73,492 shares in the company, valued at approximately $7,762,225.04. The disclosure for this sale can be found here. Insiders have sold 22,345 shares of company stock worth $2,344,320 over the last ninety days. 10.70% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Post

A number of hedge funds have recently made changes to their positions in the stock. Vanguard Group Inc. boosted its holdings in shares of Post by 6.7% in the 1st quarter. Vanguard Group Inc. now owns 5,288,249 shares of the company’s stock valued at $562,035,000 after purchasing an additional 332,811 shares during the last quarter. Dimensional Fund Advisors LP boosted its holdings in shares of Post by 9.0% in the 4th quarter. Dimensional Fund Advisors LP now owns 3,002,286 shares of the company’s stock valued at $264,382,000 after purchasing an additional 249,155 shares during the last quarter. Wellington Management Group LLP boosted its holdings in shares of Post by 14.7% in the 3rd quarter. Wellington Management Group LLP now owns 1,634,146 shares of the company’s stock valued at $140,112,000 after purchasing an additional 209,111 shares during the last quarter. Thompson Siegel & Walmsley LLC boosted its holdings in shares of Post by 0.8% in the 4th quarter. Thompson Siegel & Walmsley LLC now owns 1,095,572 shares of the company’s stock valued at $96,476,000 after purchasing an additional 8,939 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD boosted its holdings in shares of Post by 2.8% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 580,292 shares of the company’s stock valued at $61,674,000 after purchasing an additional 15,975 shares during the last quarter. Institutional investors and hedge funds own 94.85% of the company’s stock.

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.