Shares of Post Holdings, Inc. (NYSE:POST – Get Free Report) have been assigned an average recommendation of “Moderate Buy” from the six research firms that are covering the stock, MarketBeat Ratings reports. One analyst has rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 1-year price objective among brokerages that have issued ratings on the stock in the last year is $127.17.
Several equities research analysts have recently commented on POST shares. Wells Fargo & Company boosted their target price on shares of Post from $116.00 to $122.00 and gave the stock an “equal weight” rating in a research report on Monday, February 10th. Piper Sandler boosted their target price on shares of Post from $120.00 to $140.00 and gave the stock an “overweight” rating in a research report on Monday, February 10th.
Get Our Latest Research Report on Post
Post Trading Down 0.4 %
Post (NYSE:POST – Get Free Report) last posted its quarterly earnings results on Thursday, February 6th. The company reported $1.73 earnings per share for the quarter, beating the consensus estimate of $1.49 by $0.24. Post had a net margin of 4.94% and a return on equity of 10.48%. Analysts predict that Post will post 6.41 EPS for the current fiscal year.
Insider Buying and Selling
In related news, CAO Diedre J. Gray sold 15,157 shares of the business’s stock in a transaction dated Friday, February 21st. The shares were sold at an average price of $115.80, for a total transaction of $1,755,180.60. Following the transaction, the chief accounting officer now directly owns 19,325 shares in the company, valued at approximately $2,237,835. The trade was a 43.96 % decrease in their ownership of the stock. 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 2,000 shares of the business’s stock in a transaction dated Tuesday, March 4th. The shares were sold at an average price of $114.59, for a total transaction of $229,180.00. Following the completion of the transaction, the senior vice president now owns 8,741 shares in the company, valued at approximately $1,001,631.19. The trade was a 18.62 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 36,096 shares of company stock worth $4,129,355. 11.40% of the stock is owned by insiders.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in POST. Empowered Funds LLC purchased a new position in Post in the third quarter valued at about $323,000. Ontario Teachers Pension Plan Board purchased a new position in Post in the third quarter valued at about $369,000. Cerity Partners LLC boosted its stake in Post by 46.6% in the third quarter. Cerity Partners LLC now owns 30,562 shares of the company’s stock valued at $3,538,000 after acquiring an additional 9,711 shares during the last quarter. The Manufacturers Life Insurance Company boosted its stake in Post by 352.0% in the third quarter. The Manufacturers Life Insurance Company now owns 196,193 shares of the company’s stock valued at $22,709,000 after acquiring an additional 152,791 shares during the last quarter. Finally, Point72 Asia Singapore Pte. Ltd. boosted its stake in Post by 905.4% in the third quarter. Point72 Asia Singapore Pte. Ltd. now owns 6,012 shares of the company’s stock valued at $696,000 after acquiring an additional 5,414 shares during the last quarter. 94.85% of the stock is currently owned by hedge funds and other institutional investors.
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.
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