Post (NYSE:POST) Sets New 52-Week High at $108.32

Post Holdings, Inc. (NYSE:POST) shares reached a new 52-week high during trading on Friday . The company traded as high as $108.32 and last traded at $108.03, with a volume of 146260 shares traded. The stock had previously closed at $106.86.

Analysts Set New Price Targets

POST has been the subject of a number of research analyst reports. Stifel Nicolaus upped their price target on shares of Post from $115.00 to $120.00 and gave the company a “buy” rating in a report on Monday, May 6th. Evercore ISI raised their price objective on Post from $118.00 to $122.00 and gave the stock an “outperform” rating in a research note on Monday, May 6th. Finally, Barclays upped their target price on Post from $115.00 to $120.00 and gave the company an “overweight” rating in a report on Tuesday, May 7th. Two equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $113.67.

Post Trading Up 0.2 %

The firm has a fifty day moving average price of $104.47 and a 200 day moving average price of $101.78. The company has a market cap of $6.49 billion, a price-to-earnings ratio of 20.47 and a beta of 0.64. The company has a debt-to-equity ratio of 1.61, a quick ratio of 1.20 and a current ratio of 2.16.

Post (NYSE:POST) last issued its quarterly earnings data on Thursday, May 2nd. The company reported $1.51 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.29 by $0.22. The company had revenue of $2 billion during the quarter, compared to analysts’ expectations of $2.03 billion. Post had a return on equity of 10.93% and a net margin of 4.38%. The business’s revenue was up 23.4% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.10 earnings per share. As a group, equities analysts predict that Post Holdings, Inc. will post 5.61 EPS for the current fiscal year.

Insider Buying and Selling

In related news, CEO Nicolas Catoggio sold 1,500 shares of Post stock in a transaction that occurred on Tuesday, May 7th. The shares were sold at an average price of $105.62, for a total value of $158,430.00. Following the transaction, the chief executive officer now directly owns 73,492 shares of the company’s stock, valued at $7,762,225.04. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In related news, CEO Nicolas Catoggio sold 1,500 shares of the business’s stock in a transaction on Tuesday, May 7th. The stock was sold at an average price of $105.62, for a total transaction of $158,430.00. Following the sale, the chief executive officer now owns 73,492 shares in the company, valued at approximately $7,762,225.04. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Robert E. Grote sold 16,845 shares of the stock in a transaction on Wednesday, June 5th. The shares were sold at an average price of $104.58, for a total value of $1,761,650.10. Following the completion of the sale, the director now owns 4,400 shares of the company’s stock, valued at $460,152. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 22,345 shares of company stock worth $2,344,320. Company insiders own 10.70% of the company’s stock.

Institutional Investors Weigh In On Post

Large investors have recently made changes to their positions in the business. Vanguard Group Inc. raised its holdings in shares of Post by 6.7% during the first quarter. Vanguard Group Inc. now owns 5,288,249 shares of the company’s stock valued at $562,035,000 after acquiring an additional 332,811 shares in the last quarter. Dimensional Fund Advisors LP boosted its position in Post by 9.0% during the 4th quarter. Dimensional Fund Advisors LP now owns 3,002,286 shares of the company’s stock valued at $264,382,000 after acquiring an additional 249,155 shares in the last quarter. Wellington Management Group LLP raised its holdings in Post by 14.7% in the third quarter. Wellington Management Group LLP now owns 1,634,146 shares of the company’s stock worth $140,112,000 after purchasing an additional 209,111 shares in the last quarter. Thompson Siegel & Walmsley LLC lifted its position in Post by 0.8% during the fourth quarter. Thompson Siegel & Walmsley LLC now owns 1,095,572 shares of the company’s stock valued at $96,476,000 after buying an additional 8,939 shares during the period. Finally, Price T Rowe Associates Inc. MD increased its stake in shares of Post by 2.8% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 580,292 shares of the company’s stock worth $61,674,000 after acquiring an additional 15,975 shares in the last quarter. 94.85% of the stock is owned by hedge funds and other institutional investors.

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.