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

Post Holdings, Inc. (NYSE:POST) has been given an average recommendation of “Moderate Buy” by the six research firms that are currently covering the stock, MarketBeat Ratings reports. One equities research analyst has rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average twelve-month target price among brokers that have updated their coverage on the stock in the last year is $127.50.

POST has been the subject of a number of research reports. Wells Fargo & Company lifted their price target on shares of Post from $122.00 to $124.00 and gave the company an “equal weight” rating in a research report on Wednesday, April 2nd. Piper Sandler lifted their price objective on Post from $120.00 to $140.00 and gave the stock an “overweight” rating in a report on Monday, February 10th.

Post Trading Up 0.0 %

Shares of POST stock opened at $115.52 on Thursday. Post has a 1-year low of $99.70 and a 1-year high of $125.84. The company has a debt-to-equity ratio of 1.78, a current ratio of 2.39 and a quick ratio of 1.64. The business’s fifty day moving average price is $114.29 and its 200 day moving average price is $112.84. The firm has a market capitalization of $6.52 billion, a PE ratio of 19.03 and a beta of 0.52.

Post (NYSE:POST) last announced its quarterly earnings results on Thursday, February 6th. The company reported $1.73 earnings per share (EPS) 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%. As a group, sell-side analysts forecast that Post will post 6.41 EPS for the current fiscal year.

Insider Buying and Selling

In other Post news, CAO Diedre J. Gray sold 15,157 shares of the firm’s stock in a transaction on Friday, February 21st. The stock was sold at an average price of $115.80, for a total transaction of $1,755,180.60. Following the completion of the transaction, the chief accounting officer now owns 19,325 shares of the company’s stock, valued at approximately $2,237,835. This trade represents a 43.96 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, SVP Bradly A. Harper sold 2,000 shares of the company’s stock in a transaction 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 completion of the sale, the senior vice president now owns 8,741 shares in the company, valued at $1,001,631.19. This represents a 18.62 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 36,096 shares of company stock worth $4,129,355 in the last ninety days. Insiders own 11.40% of the company’s stock.

Institutional Investors Weigh In On Post

Several hedge funds have recently modified their holdings of the company. Sequoia Financial Advisors LLC raised its position in shares of Post by 2.8% in the first quarter. Sequoia Financial Advisors LLC now owns 4,960 shares of the company’s stock valued at $577,000 after buying an additional 133 shares during the last quarter. Bessemer Group Inc. grew its stake in Post by 200.0% in the 1st quarter. Bessemer Group Inc. now owns 477 shares of the company’s stock worth $56,000 after acquiring an additional 318 shares during the period. Silver Oak Securities Incorporated raised its holdings in Post by 73.3% in the 1st quarter. Silver Oak Securities Incorporated now owns 6,675 shares of the company’s stock valued at $768,000 after acquiring an additional 2,824 shares during the last quarter. Exchange Traded Concepts LLC lifted its stake in shares of Post by 7.3% during the 1st quarter. Exchange Traded Concepts LLC now owns 6,922 shares of the company’s stock worth $805,000 after purchasing an additional 472 shares during the period. Finally, Fifth Third Bancorp boosted its holdings in shares of Post by 27.3% during the first quarter. Fifth Third Bancorp now owns 829 shares of the company’s stock worth $96,000 after purchasing an additional 178 shares during the last quarter. 94.85% of the stock is owned by institutional investors and hedge funds.

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.