Post (NYSE:POST) PT Raised to $115.00 at Barclays

Post (NYSE:POSTGet Free Report) had its price objective raised by research analysts at Barclays from $105.00 to $115.00 in a report released on Tuesday, Benzinga reports. The brokerage currently has an “overweight” rating on the stock. Barclays‘s price objective suggests a potential upside of 10.26% from the company’s previous close.

Several other analysts also recently commented on the stock. Wells Fargo & Company began coverage on shares of Post in a report on Tuesday, December 12th. They set an “equal weight” rating and a $92.00 target price on the stock. Mizuho raised their target price on shares of Post from $110.00 to $128.00 and gave the stock a “buy” rating in a report on Monday. Stifel Nicolaus raised their target price on shares of Post from $98.00 to $115.00 and gave the stock a “buy” rating in a report on Monday. Finally, JPMorgan Chase & Co. began coverage on shares of Post in a report on Friday, October 13th. They set an “overweight” rating and a $100.00 target price on the stock. Three analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $109.67.

Read Our Latest Research Report on POST

Post Stock Performance

Post stock opened at $104.30 on Tuesday. The company has a current ratio of 1.99, a quick ratio of 1.00 and a debt-to-equity ratio of 1.60. Post has a 1 year low of $78.85 and a 1 year high of $105.21. The company has a market cap of $6.33 billion, a PE ratio of 22.38 and a beta of 0.65. The company’s 50-day moving average is $91.23 and its two-hundred day moving average is $87.59.

Post (NYSE:POSTGet Free Report) last released its earnings results on Thursday, November 16th. The company reported $1.63 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.38 by $0.25. Post had a net margin of 4.03% and a return on equity of 10.51%. The company had revenue of $1.95 billion for the quarter, compared to the consensus estimate of $1.95 billion. Equities analysts anticipate that Post will post 5.17 earnings per share for the current year.

Insider Activity

In other Post news, Director Thomas C. Erb acquired 5,000 shares of the stock in a transaction dated Monday, November 20th. The shares were bought at an average cost of $84.48 per share, for a total transaction of $422,400.00. Following the completion of the acquisition, the director now directly owns 30,775 shares of the company’s stock, valued at $2,599,872. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. In other news, Director Thomas C. Erb bought 5,000 shares of the stock in a transaction that occurred on Monday, November 20th. The shares were acquired at an average cost of $84.48 per share, for a total transaction of $422,400.00. Following the completion of the acquisition, the director now owns 30,775 shares in the company, valued at $2,599,872. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Nicolas Catoggio sold 4,000 shares of the business’s stock in a transaction on Monday, November 20th. The stock was sold at an average price of $86.11, for a total transaction of $344,440.00. Following the transaction, the chief executive officer now owns 75,263 shares in the company, valued at $6,480,896.93. The disclosure for this sale can be found here. Insiders have sold 7,700 shares of company stock worth $659,914 over the last ninety days. Insiders own 10.70% of the company’s stock.

Institutional Investors Weigh In On Post

A number of institutional investors have recently modified their holdings of POST. Advisor Group Holdings Inc. lifted its position in Post by 14.9% during the first quarter. Advisor Group Holdings Inc. now owns 3,011 shares of the company’s stock worth $215,000 after purchasing an additional 391 shares during the period. HighTower Advisors LLC lifted its position in Post by 16.1% during the first quarter. HighTower Advisors LLC now owns 3,241 shares of the company’s stock worth $225,000 after purchasing an additional 450 shares during the period. PNC Financial Services Group Inc. lifted its position in Post by 136.7% during the first quarter. PNC Financial Services Group Inc. now owns 6,553 shares of the company’s stock worth $454,000 after purchasing an additional 3,784 shares during the period. Bank of Montreal Can lifted its position in Post by 545.8% during the first quarter. Bank of Montreal Can now owns 32,425 shares of the company’s stock worth $2,222,000 after purchasing an additional 27,404 shares during the period. Finally, MetLife Investment Management LLC lifted its position in Post by 29.8% during the first quarter. MetLife Investment Management LLC now owns 36,813 shares of the company’s stock worth $2,550,000 after purchasing an additional 8,444 shares during the period. Institutional investors own 91.98% of the company’s stock.

About Post

(Get Free Report)

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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