Post (NYSE:POST) Hits New 12-Month High – What’s Next?

Post Holdings, Inc. (NYSE:POST)’s share price reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $121.38 and last traded at $121.25, with a volume of 275589 shares. The stock had previously closed at $120.48.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on POST shares. JPMorgan Chase & Co. boosted their target price on shares of Post from $118.00 to $125.00 and gave the stock an “overweight” rating in a research report on Tuesday, August 6th. Wells Fargo & Company dropped their target price on shares of Post from $120.00 to $116.00 and set an “equal weight” rating for the company in a research report on Tuesday, November 19th. Finally, Evercore ISI boosted their target price 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. One research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $124.17.

Post Trading Up 0.3 %

The company has a current ratio of 2.36, a quick ratio of 1.56 and a debt-to-equity ratio of 1.66. The business’s 50-day moving average is $113.26 and its two-hundred day moving average is $110.67. The firm has a market cap of $7.02 billion, a P/E ratio of 21.23 and a beta of 0.66.

Insider Transactions at Post

In other news, COO Jeff A. Zadoks sold 28,969 shares of the business’s stock in a transaction that occurred on Wednesday, November 27th. The shares were sold at an average price of $119.96, for a total transaction of $3,475,121.24. Following the sale, the chief operating officer now owns 67,788 shares in the company, valued at $8,131,848.48. The trade was a 29.94 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Nicolas Catoggio sold 6,000 shares of the company’s stock in a transaction that occurred on Monday, December 2nd. The shares were sold at an average price of $121.14, for a total transaction of $726,840.00. Following the completion of the transaction, the chief executive officer now owns 70,501 shares in the company, valued at approximately $8,540,491.14. This represents a 7.84 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 10.70% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. Opal Wealth Advisors LLC bought a new stake in Post in the second quarter worth approximately $27,000. V Square Quantitative Management LLC bought a new stake in shares of Post during the 3rd quarter worth $27,000. Ashton Thomas Securities LLC bought a new stake in shares of Post during the 3rd quarter worth $33,000. Quarry LP boosted its holdings in shares of Post by 244.9% during the 3rd quarter. Quarry LP now owns 338 shares of the company’s stock worth $39,000 after buying an additional 240 shares during the period. Finally, Point72 Asia Singapore Pte. Ltd. bought a new stake in shares of Post during the 2nd quarter worth $62,000. Institutional investors and hedge funds own 94.85% of the company’s stock.

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.