Brokerages Set Post Holdings, Inc. (NYSE:POST) Price Target at $124.17

Shares of Post Holdings, Inc. (NYSE:POST) have been assigned a consensus rating of “Moderate Buy” from the six ratings firms that are covering the stock, MarketBeat 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 1-year target price among analysts that have issued a report on the stock in the last year is $124.17.

POST has been the topic of several recent analyst reports. Evercore ISI raised 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. Wells Fargo & Company decreased their price target on shares of Post from $120.00 to $116.00 and set an “equal weight” rating for the company in a research note on Tuesday, November 19th.

Post Stock Performance

POST stock opened at $114.37 on Friday. Post has a twelve month low of $86.67 and a twelve month high of $125.84. The firm has a market cap of $6.65 billion, a price-to-earnings ratio of 20.28 and a beta of 0.66. The business’s fifty day simple moving average is $113.97 and its two-hundred day simple moving average is $111.61. The company has a quick ratio of 1.56, a current ratio of 2.36 and a debt-to-equity ratio of 1.66.

Insider Activity

In related news, COO Jeff A. Zadoks sold 28,969 shares of the firm’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 sale, the chief operating officer now owns 67,788 shares of the company’s stock, valued at $8,131,848.48. This trade represents a 29.94 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Nicolas Catoggio sold 6,000 shares of the business’s stock in a transaction dated Monday, December 2nd. The stock was 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 of the company’s stock, valued at $8,540,491.14. This represents a 7.84 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 35,969 shares of company stock worth $4,322,051. 10.70% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the company. Retirement Systems of Alabama boosted its stake in Post by 4.7% in the third quarter. Retirement Systems of Alabama now owns 102,173 shares of the company’s stock valued at $11,827,000 after acquiring an additional 4,606 shares in the last quarter. Cerity Partners LLC boosted its position in shares of Post by 46.6% in the 3rd quarter. Cerity Partners LLC now owns 30,562 shares of the company’s stock worth $3,538,000 after purchasing an additional 9,711 shares in the last quarter. Acadian Asset Management LLC purchased a new position in Post during the 2nd quarter worth $1,824,000. Sanctuary Advisors LLC acquired a new position in Post during the 2nd quarter valued at about $510,000. Finally, Lecap Asset Management Ltd. purchased a new stake in Post in the second quarter valued at about $769,000. Hedge funds and other institutional investors 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.