Post (POST) Reaches New 12-Month High at $112.62

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Post Holdings Inc (NYSE:POST)’s share price hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $112.62 and last traded at $112.57, with a volume of 129100 shares changing hands. The stock had previously closed at $111.61.

POST has been the topic of several research analyst reports. Wells Fargo & Co set a $114.00 price target on Post and gave the company a “buy” rating in a research report on Friday, January 25th. Piper Jaffray Companies cut Post from an “overweight” rating to a “neutral” rating and decreased their target price for the stock from $115.00 to $109.00 in a report on Thursday, January 24th. Zacks Investment Research upgraded Post from a “sell” rating to a “hold” rating in a report on Wednesday, January 23rd. Finally, SunTrust Banks lifted their target price on Post to $115.00 and gave the stock a “buy” rating in a report on Monday, February 4th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and seven have assigned a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus target price of $115.63.

The company has a quick ratio of 0.93, a current ratio of 1.56 and a debt-to-equity ratio of 2.01. The firm has a market capitalization of $7.50 billion, a PE ratio of 27.28, a price-to-earnings-growth ratio of 3.76 and a beta of 0.23.

Post (NYSE:POST) last issued its earnings results on Thursday, January 31st. The company reported $1.11 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.00 by $0.11. The business had revenue of $1.41 billion for the quarter, compared to analysts’ expectations of $1.39 billion. Post had a return on equity of 10.53% and a net margin of 4.78%. Research analysts forecast that Post Holdings Inc will post 5 EPS for the current year.

In other Post news, Director William P. Stiritz bought 134,059 shares of the firm’s stock in a transaction dated Wednesday, February 6th. The stock was acquired at an average price of $96.71 per share, with a total value of $12,964,845.89. Following the completion of the transaction, the director now directly owns 2,659,862 shares in the company, valued at approximately $257,235,254.02. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, Director William P. Stiritz bought 35,755 shares of the firm’s stock in a transaction dated Friday, February 8th. The stock was acquired at an average cost of $97.75 per share, with a total value of $3,495,051.25. Following the transaction, the director now owns 2,692,108 shares of the company’s stock, valued at $263,153,557. The disclosure for this purchase can be found here. Insiders purchased a total of 170,094 shares of company stock worth $16,488,054 over the last 90 days. Insiders own 8.10% of the company’s stock.

Several institutional investors have recently modified their holdings of POST. Oregon Public Employees Retirement Fund boosted its position in shares of Post by 8,813.0% in the fourth quarter. Oregon Public Employees Retirement Fund now owns 2,290,017 shares of the company’s stock worth $26,000 after buying an additional 2,264,324 shares during the period. Bank of Montreal Can boosted its position in shares of Post by 737.4% in the first quarter. Bank of Montreal Can now owns 888,285 shares of the company’s stock worth $97,178,000 after buying an additional 782,206 shares during the period. Norges Bank acquired a new stake in shares of Post in the fourth quarter worth $37,272,000. Victory Capital Management Inc. boosted its position in shares of Post by 77.6% in the fourth quarter. Victory Capital Management Inc. now owns 955,450 shares of the company’s stock worth $85,160,000 after buying an additional 417,543 shares during the period. Finally, Martingale Asset Management L P boosted its position in shares of Post by 3,672.2% in the fourth quarter. Martingale Asset Management L P now owns 237,723 shares of the company’s stock worth $21,190,000 after buying an additional 231,421 shares during the period.

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About Post (NYSE:POST)

Post Holdings, Inc operates as a consumer packaged goods holding company in the United States and internationally. It operates through Post Consumer Brands, Weetabix, Refrigerated Food, and Active Nutrition segments. The Post Consumer Brands segment manufactures, markets, and sells branded and private label ready-to-eat (RTE) cereal and hot cereal products.

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