Brokerages Set Post Holdings, Inc. (NYSE:POST) Price Target at $130.00

Post Holdings, Inc. (NYSE:POST - Get Free Report) has been given an average rating of "Moderate Buy" by the six analysts that are presently covering the firm, MarketBeat.com reports. One investment 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 issued a report on the stock in the last year is $130.00.

POST has been the subject of several analyst reports. Evercore ISI boosted their target price on shares of Post from $130.00 to $131.00 and gave the company an "outperform" rating in a research note on Wednesday, June 4th. Mizuho reduced their price objective on shares of Post from $133.00 to $127.00 and set an "outperform" rating on the stock in a research note on Wednesday, May 28th. Piper Sandler raised their target price on shares of Post from $140.00 to $150.00 and gave the stock an "overweight" rating in a research report on Wednesday, June 11th. Finally, Wells Fargo & Company cut their price target on Post from $120.00 to $117.00 and set an "equal weight" rating for the company in a report on Wednesday, July 9th.

Post Price Performance

Shares of POST stock traded down $0.90 during trading hours on Thursday, hitting $106.54. The company's stock had a trading volume of 780,084 shares, compared to its average volume of 577,572. The company has a current ratio of 2.13, a quick ratio of 1.43 and a debt-to-equity ratio of 1.81. The business has a fifty day moving average of $109.54 and a 200-day moving average of $111.20. Post has a twelve month low of $103.33 and a twelve month high of $125.84. The stock has a market cap of $5.94 billion, a price-to-earnings ratio of 18.96 and a beta of 0.48.

Post (NYSE:POST - Get Free Report) last released its quarterly earnings results on Thursday, May 8th. The company reported $1.41 earnings per share for the quarter, topping the consensus estimate of $1.18 by $0.23. Post had a return on equity of 10.24% and a net margin of 4.53%. The company had revenue of $1.95 billion during the quarter, compared to the consensus estimate of $1.98 billion. During the same quarter last year, the business posted $1.51 earnings per share. Post's revenue was down 2.3% compared to the same quarter last year. As a group, equities research analysts anticipate that Post will post 6.41 EPS for the current year.

Insider Activity at Post

In related news, Director William P. Stiritz purchased 186,740 shares of the firm's stock in a transaction on Thursday, June 5th. The shares were bought at an average price of $109.11 per share, for a total transaction of $20,375,201.40. Following the acquisition, the director directly owned 4,298,667 shares in the company, valued at $469,027,556.37. This trade represents a 4.54% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is available at this link. Also, CEO Nicolas Catoggio sold 1,750 shares of the company's stock in a transaction on Thursday, June 5th. The stock was sold at an average price of $108.97, for a total value of $190,697.50. Following the sale, the chief executive officer owned 43,751 shares of the company's stock, valued at approximately $4,767,546.47. The trade was a 3.85% decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 11.40% of the company's stock.

Hedge Funds Weigh In On Post

Large investors have recently modified their holdings of the company. Aviso Financial Inc. grew its stake in Post by 1.0% during the first quarter. Aviso Financial Inc. now owns 10,270 shares of the company's stock worth $1,195,000 after buying an additional 100 shares during the period. Parallel Advisors LLC raised its holdings in shares of Post by 17.7% during the 2nd quarter. Parallel Advisors LLC now owns 844 shares of the company's stock valued at $92,000 after buying an additional 127 shares during the period. Sequoia Financial Advisors LLC grew its position in 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 acquiring an additional 133 shares in the last quarter. MassMutual Private Wealth & Trust FSB lifted its position in shares of Post by 68.4% during the first quarter. MassMutual Private Wealth & Trust FSB now owns 352 shares of the company's stock worth $41,000 after purchasing an additional 143 shares in the last quarter. Finally, ProShare Advisors LLC increased its stake in Post by 7.4% during the 4th quarter. ProShare Advisors LLC now owns 2,215 shares of the company's stock worth $254,000 after buying an additional 152 shares during the period. 94.85% of the stock is currently owned by hedge funds and other institutional investors.

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.