Stifel Nicolaus Increases Post (NYSE:POST) Price Target to $130.00

Post (NYSE:POST) had its price objective raised by Stifel Nicolaus from $120.00 to $130.00 in a research report sent to investors on Monday morning, Benzinga reports. They currently have a buy rating on the stock.

Other equities research analysts have also issued reports about the stock. Barclays boosted their target price on shares of Post from $115.00 to $120.00 and gave the stock an overweight rating in a research report on Tuesday, May 7th. Evercore ISI upped their target price on shares of Post from $118.00 to $122.00 and gave the stock an outperform rating in a research report on Monday, May 6th. Finally, Wells Fargo & Company lifted their price target on shares of Post from $108.00 to $120.00 and gave the company an equal weight rating in a research report on Monday. Two analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of Moderate Buy and an average price target of $124.33.

Post Trading Up 1.3 %

NYSE POST opened at $112.68 on Monday. Post has a 52-week low of $78.85 and a 52-week high of $114.28. The firm has a 50-day moving average price of $105.99 and a 200 day moving average price of $104.31. The stock has a market capitalization of $6.83 billion, a P/E ratio of 21.59 and a beta of 0.64. The company has a quick ratio of 1.20, a current ratio of 2.16 and a debt-to-equity ratio of 1.61.

Post (NYSE:POST) last issued its earnings results on Thursday, August 1st. The company reported $1.54 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.21 by $0.33. Post had a return on equity of 10.93% and a net margin of 4.46%. The business had revenue of $1.95 billion during the quarter, compared to the consensus estimate of $2.02 billion. During the same period in the prior year, the business posted $1.52 EPS. The company’s revenue for the quarter was up 4.7% on a year-over-year basis. Equities research analysts expect that Post will post 5.7 EPS for the current year.

Insider Activity

In related news, Director Robert E. Grote sold 16,845 shares of the company’s stock in a transaction that occurred on Wednesday, June 5th. The stock was sold at an average price of $104.58, for a total value of $1,761,650.10. Following the sale, the director now owns 4,400 shares of the company’s stock, valued at approximately $460,152. The transaction was disclosed in a filing with the SEC, which is available through this link. In related news, Director Gregory L. Curl sold 4,000 shares of Post stock in a transaction dated Friday, May 31st. The stock was sold at an average price of $106.06, for a total transaction of $424,240.00. Following the completion of the sale, the director now owns 21,181 shares in the company, valued at approximately $2,246,456.86. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Robert E. Grote sold 16,845 shares of the company’s stock in a transaction dated Wednesday, June 5th. The shares were sold at an average price of $104.58, for a total transaction of $1,761,650.10. Following the completion of the transaction, the director now owns 4,400 shares in the company, valued at $460,152. The disclosure for this sale can be found here. Company insiders own 10.70% of the company’s stock.

Hedge Funds Weigh In On Post

Institutional investors have recently modified their holdings of the company. Vanguard Group Inc. boosted its position in Post by 6.7% during the first quarter. Vanguard Group Inc. now owns 5,288,249 shares of the company’s stock worth $562,035,000 after acquiring an additional 332,811 shares during the last quarter. Dimensional Fund Advisors LP lifted its stake in shares of Post by 9.0% during the 4th quarter. Dimensional Fund Advisors LP now owns 3,002,286 shares of the company’s stock worth $264,382,000 after purchasing an additional 249,155 shares during the period. Thompson Siegel & Walmsley LLC boosted its holdings in shares of Post by 0.8% during the fourth quarter. Thompson Siegel & Walmsley LLC now owns 1,095,572 shares of the company’s stock worth $96,476,000 after purchasing an additional 8,939 shares during the last quarter. Price T Rowe Associates Inc. MD grew its position in shares of Post by 2.8% in the first quarter. Price T Rowe Associates Inc. MD now owns 580,292 shares of the company’s stock valued at $61,674,000 after purchasing an additional 15,975 shares during the period. Finally, Charles Schwab Investment Management Inc. increased its stake in Post by 1.3% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 335,625 shares of the company’s stock valued at $29,555,000 after purchasing an additional 4,439 shares during the last quarter. 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.