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

Shares of Post Holdings, Inc. (NYSE:POST) have been given a consensus recommendation of “Moderate Buy” by the six analysts that are presently covering the firm, Marketbeat reports. One investment analyst has rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 1 year target price among analysts that have covered the stock in the last year is $124.17.

Several equities analysts have issued reports on POST shares. Wells Fargo & Company dropped their price objective on shares of Post from $120.00 to $116.00 and set an “equal weight” rating on the stock in a research note on Tuesday, November 19th. Evercore ISI boosted their price target on shares of Post from $123.00 to $126.00 and gave the stock an “outperform” rating in a research note on Monday, November 18th.

Insider Buying and Selling

In other news, CEO Nicolas Catoggio sold 6,000 shares of the firm’s stock in a transaction on Monday, December 2nd. The stock was sold at an average price of $121.14, for a total value of $726,840.00. Following the completion of the transaction, the chief executive officer now owns 70,501 shares in the company, valued at $8,540,491.14. This trade represents a 7.84 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, COO Jeff A. Zadoks sold 28,969 shares of the business’s stock in a transaction dated Wednesday, November 27th. The stock was sold at an average price of $119.96, for a total transaction of $3,475,121.24. Following the completion of the sale, the chief operating officer now owns 67,788 shares in the company, valued at $8,131,848.48. This represents a 29.94 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 35,969 shares of company stock valued at $4,322,051. Corporate insiders own 11.40% of the company’s stock.

Hedge Funds Weigh In On Post

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. V Square Quantitative Management LLC purchased a new position in shares of Post during the 3rd quarter worth approximately $27,000. Ashton Thomas Securities LLC acquired a new position in shares of Post in the third quarter worth $33,000. Quarry LP lifted its position in shares of Post by 244.9% in the third quarter. Quarry LP now owns 338 shares of the company’s stock valued at $39,000 after acquiring an additional 240 shares in the last quarter. Point72 Asia Singapore Pte. Ltd. acquired a new stake in shares of Post during the second quarter valued at $62,000. Finally, Farther Finance Advisors LLC increased its position in Post by 780.0% during the 3rd quarter. Farther Finance Advisors LLC now owns 704 shares of the company’s stock worth $81,000 after purchasing an additional 624 shares in the last quarter. Institutional investors and hedge funds own 94.85% of the company’s stock.

Post Stock Down 3.5 %

Post stock opened at $109.48 on Tuesday. The stock has a 50 day moving average of $113.99 and a two-hundred day moving average of $112.65. Post has a twelve month low of $91.07 and a twelve month high of $125.84. The stock has a market capitalization of $6.37 billion, a price-to-earnings ratio of 19.41 and a beta of 0.66. The company has a current ratio of 2.36, a quick ratio of 1.56 and a debt-to-equity ratio of 1.66.

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.