Brokerages Set Post Holdings, Inc. (NYSE:POST) Price Target at $113.67

Post Holdings, Inc. (NYSE:POST) has earned an average rating of “Moderate Buy” from the six research firms that are currently covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a hold rating and five have issued a buy rating on the company. The average 12 month price objective among brokers that have issued a report on the stock in the last year is $113.67.

Several equities research analysts have weighed in on the stock. Evercore ISI raised their target price on shares of Post from $118.00 to $122.00 and gave the company an “outperform” rating in a research note on Monday, May 6th. Stifel Nicolaus raised their target price on shares of Post from $115.00 to $120.00 and gave the company a “buy” rating in a research note on Monday, May 6th. Finally, Barclays lifted their price objective on shares of Post from $115.00 to $120.00 and gave the stock an “overweight” rating in a research note on Tuesday, May 7th.

Insider Transactions at Post

In other news, Director Robert E. Grote sold 16,845 shares of Post stock in a transaction on Wednesday, June 5th. The shares were sold at an average price of $104.58, for a total transaction of $1,761,650.10. Following the completion of the sale, the director now directly owns 4,400 shares in the company, valued at $460,152. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. In related news, Director Robert E. Grote sold 16,845 shares of the business’s stock in a transaction on Wednesday, June 5th. The shares were sold at an average price of $104.58, for a total transaction of $1,761,650.10. Following the completion of the transaction, the director now directly owns 4,400 shares in the company, valued at $460,152. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Nicolas Catoggio sold 1,500 shares of Post stock in a transaction on Tuesday, May 7th. The shares were sold at an average price of $105.62, for a total transaction of $158,430.00. Following the completion of the transaction, the chief executive officer now directly owns 73,492 shares of the company’s stock, valued at approximately $7,762,225.04. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 22,345 shares of company stock worth $2,344,320. Company insiders own 10.70% of the company’s stock.

Institutional Trading of Post

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Envestnet Portfolio Solutions Inc. increased its stake in shares of Post by 36.8% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 5,510 shares of the company’s stock worth $574,000 after purchasing an additional 1,483 shares in the last quarter. Opal Wealth Advisors LLC purchased a new stake in shares of Post during the second quarter worth about $27,000. Carolina Wealth Advisors LLC increased its stake in shares of Post by 11.9% during the second quarter. Carolina Wealth Advisors LLC now owns 7,178 shares of the company’s stock worth $748,000 after purchasing an additional 763 shares in the last quarter. Park Avenue Securities LLC increased its stake in shares of Post by 6.2% during the second quarter. Park Avenue Securities LLC now owns 6,556 shares of the company’s stock worth $683,000 after purchasing an additional 384 shares in the last quarter. Finally, Versant Capital Management Inc grew its stake in Post by 5,283.3% during the 2nd quarter. Versant Capital Management Inc now owns 646 shares of the company’s stock valued at $67,000 after acquiring an additional 634 shares in the last quarter. Hedge funds and other institutional investors own 94.85% of the company’s stock.

Post Price Performance

Shares of POST opened at $108.00 on Wednesday. The company has a market cap of $6.54 billion, a price-to-earnings ratio of 20.69 and a beta of 0.64. Post has a twelve month low of $78.85 and a twelve month high of $108.32. The company has a quick ratio of 1.20, a current ratio of 2.16 and a debt-to-equity ratio of 1.61. The company has a 50 day moving average of $104.63 and a two-hundred day moving average of $102.37.

Post (NYSE:POST) last announced its earnings results on Thursday, May 2nd. The company reported $1.51 earnings per share for the quarter, beating the consensus estimate of $1.29 by $0.22. The company had revenue of $2 billion during the quarter, compared to the consensus estimate of $2.03 billion. Post had a net margin of 4.38% and a return on equity of 10.93%. Post’s revenue was up 23.4% compared to the same quarter last year. During the same period last year, the firm earned $1.10 earnings per share. As a group, analysts predict that Post will post 5.61 earnings per share for the current fiscal year.

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.