Brokerages Set Post Holdings, Inc. (NYSE:POST) PT at $123.57

Shares of Post Holdings, Inc. (NYSE:POST) have been assigned a consensus rating of “Moderate Buy” from the seven brokerages that are presently covering the company, Marketbeat.com reports. One equities research analyst has rated the stock with a hold rating and six have given a buy rating to the company. The average 12 month price target among brokerages that have issued a report on the stock in the last year is $123.57.

POST has been the subject of several research reports. Piper Sandler cut their price objective on Post from $140.00 to $120.00 and set an “overweight” rating for the company in a research report on Thursday, January 16th. Wells Fargo & Company lowered their price objective 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. Finally, Evercore ISI boosted their price objective on shares of Post from $123.00 to $126.00 and gave the stock an “outperform” rating in a report on Monday, November 18th.

Post Stock Performance

Shares of POST stock opened at $105.80 on Friday. The stock’s 50-day moving average is $113.04 and its two-hundred day moving average is $112.94. The firm has a market cap of $6.16 billion, a price-to-earnings ratio of 18.76 and a beta of 0.65. Post has a 1 year low of $99.62 and a 1 year high of $125.84. The company has a debt-to-equity ratio of 1.66, a quick ratio of 1.56 and a current ratio of 2.36.

Insider Activity at Post

In other Post news, CEO Nicolas Catoggio sold 6,000 shares of the firm’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 trade represents a 7.84 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Bradly A. Harper sold 1,000 shares of the firm’s stock in a transaction that occurred on Thursday, December 5th. The stock was sold at an average price of $120.09, for a total transaction of $120,090.00. Following the transaction, the senior vice president now owns 11,220 shares of the company’s stock, valued at approximately $1,347,409.80. The trade was a 8.18 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 35,969 shares of company stock worth $4,322,051 in the last quarter. 11.40% of the stock is owned by insiders.

Institutional Trading of Post

Hedge funds and other institutional investors have recently bought and sold shares of the business. Retirement Systems of Alabama increased its stake in Post by 4.7% during the 3rd quarter. Retirement Systems of Alabama now owns 102,173 shares of the company’s stock valued at $11,827,000 after purchasing an additional 4,606 shares in the last quarter. Cerity Partners LLC boosted its holdings in Post by 46.6% during the 3rd quarter. Cerity Partners LLC now owns 30,562 shares of the company’s stock worth $3,538,000 after acquiring an additional 9,711 shares during the last quarter. Miracle Mile Advisors LLC purchased a new position in Post during the 4th quarter worth $946,000. Sanctuary Advisors LLC purchased a new position in Post during the 2nd quarter worth $510,000. Finally, Algert Global LLC purchased a new position in Post during the 2nd quarter worth $541,000. 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.