Wells Fargo & Company Cuts Post (NYSE:POST) Price Target to $116.00

Post (NYSE:POST) had its price target lowered by Wells Fargo & Company from $120.00 to $116.00 in a research report sent to investors on Tuesday,Benzinga reports. Wells Fargo & Company currently has an equal weight rating on the stock.

Other analysts have also issued reports about the stock. Stifel Nicolaus increased their price target on shares of Post from $120.00 to $130.00 and gave the company a “buy” rating in a research report on Monday, August 5th. Evercore ISI increased their price target on shares of Post from $123.00 to $126.00 and gave the company an “outperform” rating in a research report on Monday, November 18th. Finally, JPMorgan Chase & Co. increased their price target on shares of Post from $118.00 to $125.00 and gave the company an “overweight” rating in a research report on Tuesday, August 6th. One investment analyst has rated the stock with a hold rating and five have issued a buy rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $124.17.

Post Stock Up 2.5 %

POST stock opened at $115.80 on Tuesday. The company’s 50 day simple moving average is $112.58 and its 200-day simple moving average is $109.87. The firm has a market capitalization of $6.77 billion, a PE ratio of 20.02 and a beta of 0.64. Post has a 12 month low of $83.73 and a 12 month high of $118.96. The company has a debt-to-equity ratio of 1.66, a current ratio of 2.36 and a quick ratio of 1.56.

Institutional Trading of Post

Hedge funds have recently bought and sold shares of the company. Vanguard Group Inc. grew its stake in shares of Post by 6.7% during the 1st quarter. Vanguard Group Inc. now owns 5,288,249 shares of the company’s stock valued at $562,035,000 after buying an additional 332,811 shares during the period. Dimensional Fund Advisors LP grew its stake in shares of Post by 0.9% during the 2nd quarter. Dimensional Fund Advisors LP now owns 3,063,104 shares of the company’s stock valued at $319,052,000 after buying an additional 27,448 shares during the period. Holocene Advisors LP grew its stake in shares of Post by 21.0% during the 3rd quarter. Holocene Advisors LP now owns 1,405,298 shares of the company’s stock valued at $162,663,000 after buying an additional 244,221 shares during the period. Point72 Asset Management L.P. grew its stake in shares of Post by 51.4% during the 2nd quarter. Point72 Asset Management L.P. now owns 1,237,165 shares of the company’s stock valued at $128,863,000 after buying an additional 419,945 shares during the period. Finally, Thompson Siegel & Walmsley LLC grew its stake in shares of Post by 3.8% during the 2nd quarter. Thompson Siegel & Walmsley LLC now owns 874,320 shares of the company’s stock valued at $91,069,000 after buying an additional 32,188 shares during the period. Institutional investors and hedge funds 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.