Brokerages Set Post Holdings, Inc. (NYSE:POST) PT at $124.33

Post Holdings, Inc. (NYSE:POST - Get Free Report) has been assigned an average recommendation of "Moderate Buy" from the six brokerages that are covering the company, MarketBeat.com reports. One investment analyst has rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average twelve-month target price among brokers that have updated their coverage on the stock in the last year is $124.33.

POST has been the subject of a number of research analyst reports. JPMorgan Chase & Co. increased their target price on shares of Post from $118.00 to $125.00 and gave the stock an "overweight" rating in a research report on Tuesday, August 6th. Wells Fargo & Company raised their target price on shares of Post from $108.00 to $120.00 and gave the company an "equal weight" rating in a research note on Monday, August 5th. Stifel Nicolaus upped their price target on shares of Post from $120.00 to $130.00 and gave the stock a "buy" rating in a research report on Monday, August 5th. Finally, Evercore ISI raised their price objective on Post from $122.00 to $123.00 and gave the company an "outperform" rating in a research report on Monday, August 5th.

Post Trading Up 0.1 %

POST traded up $0.09 during midday trading on Monday, hitting $114.58. The company's stock had a trading volume of 540,225 shares, compared to its average volume of 537,789. The firm has a market cap of $6.94 billion, a P/E ratio of 21.93 and a beta of 0.63. Post has a 52-week low of $78.85 and a 52-week high of $118.96. The company has a current ratio of 2.05, a quick ratio of 1.12 and a debt-to-equity ratio of 1.62. The firm has a 50-day moving average price of $113.10 and a two-hundred day moving average price of $107.41.

Post (NYSE:POST - Get Free Report) last issued its earnings results on Thursday, August 1st. The company reported $1.54 earnings per share for the quarter, beating analysts' consensus estimates of $1.21 by $0.33. The firm had revenue of $1.95 billion for the quarter, compared to analysts' expectations of $2.02 billion. Post had a return on equity of 10.91% and a net margin of 4.46%. The firm's revenue for the quarter was up 4.7% compared to the same quarter last year. During the same quarter last year, the firm earned $1.52 earnings per share. On average, research analysts anticipate that Post will post 5.95 earnings per share for the current year.

Insiders Place Their Bets

In other Post news, Director Thomas C. Erb acquired 2,000 shares of the company's stock in a transaction on Tuesday, August 13th. The shares were bought at an average cost of $112.94 per share, for a total transaction of $225,880.00. Following the acquisition, the director now directly owns 35,475 shares of the company's stock, valued at $4,006,546.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 10.70% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Post

Institutional investors have recently modified their holdings of the stock. Point72 Asset Management L.P. raised its stake in Post by 51.4% during the second quarter. Point72 Asset Management L.P. now owns 1,237,165 shares of the company's stock worth $128,863,000 after acquiring an additional 419,945 shares during the period. Vanguard Group Inc. lifted its holdings in shares of Post by 6.7% in the 1st quarter. Vanguard Group Inc. now owns 5,288,249 shares of the company's stock worth $562,035,000 after purchasing an additional 332,811 shares during the last quarter. Norges Bank acquired a new position in Post during the 4th quarter valued at approximately $19,598,000. Verition Fund Management LLC grew its stake in Post by 347.8% during the 4th quarter. Verition Fund Management LLC now owns 256,983 shares of the company's stock worth $22,630,000 after buying an additional 199,592 shares during the last quarter. Finally, F M Investments LLC acquired a new stake in Post in the second quarter worth $8,873,000. Institutional investors and hedge funds own 94.85% of the company's stock.

Post Company Profile

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.