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

Post (NYSE:POST) had its price target boosted by Stifel Nicolaus from $120.00 to $130.00 in a research report released on Monday, Benzinga reports. Stifel Nicolaus currently has a buy rating on the stock.

Several other research firms also recently issued reports on POST. Evercore ISI lifted their price target on shares of Post from $118.00 to $122.00 and gave the stock an outperform rating in a research note on Monday, May 6th. Barclays lifted their target price on Post from $115.00 to $120.00 and gave the stock an overweight rating in a research report on Tuesday, May 7th. Finally, Wells Fargo & Company boosted their price target on Post from $108.00 to $120.00 and gave the stock an equal weight rating in a research note on Monday. Two investment 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 company currently has an average rating of Moderate Buy and an average price target of $124.33.

Post Price Performance

Shares of NYSE POST opened at $111.16 on Monday. The company has a market capitalization of $6.73 billion, a price-to-earnings ratio of 21.30 and a beta of 0.64. The company has a debt-to-equity ratio of 1.61, a current ratio of 2.16 and a quick ratio of 1.20. Post has a 1-year low of $78.85 and a 1-year high of $114.28. The business has a 50-day moving average of $105.99 and a 200-day moving average of $104.31.

Post (NYSE:POST) last released its quarterly earnings results on Thursday, August 1st. The company reported $1.54 earnings per share for the quarter, topping analysts’ consensus estimates of $1.21 by $0.33. The firm had revenue of $1.95 billion during the quarter, compared to analysts’ expectations of $2.02 billion. Post had a return on equity of 10.93% and a net margin of 4.46%. Post’s quarterly revenue was up 4.7% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.52 EPS. On average, equities analysts anticipate that Post will post 5.7 EPS for the current fiscal year.

Insider Activity at Post

In other Post news, Director Gregory L. Curl sold 4,000 shares of the stock in a transaction that occurred on Friday, May 31st. The stock was sold at an average price of $106.06, for a total transaction of $424,240.00. Following the transaction, the director now owns 21,181 shares of the company’s stock, valued at approximately $2,246,456.86. The transaction was disclosed in a document filed with the SEC, which is available at this link. In other Post news, Director Gregory L. Curl sold 4,000 shares of the stock in a transaction on Friday, May 31st. The shares were sold at an average price of $106.06, for a total transaction of $424,240.00. Following the sale, the director now directly owns 21,181 shares of the company’s stock, valued at $2,246,456.86. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Robert E. Grote sold 16,845 shares of the firm’s stock in a transaction dated Wednesday, June 5th. The stock was 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. 10.70% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Post

Several institutional investors have recently made changes to their positions in the stock. GAMMA Investing LLC bought a new position in Post during the 4th quarter worth $25,000. Opal Wealth Advisors LLC acquired a new position in Post during the 2nd quarter worth $27,000. Parallel Advisors LLC grew its stake in shares of Post by 487.0% in the fourth quarter. Parallel Advisors LLC now owns 317 shares of the company’s stock worth $28,000 after purchasing an additional 263 shares in the last quarter. New Covenant Trust Company N.A. bought a new position in shares of Post in the first quarter worth $29,000. Finally, Bessemer Group Inc. raised its stake in shares of Post by 263.8% during the first quarter. Bessemer Group Inc. now owns 342 shares of the company’s stock valued at $36,000 after purchasing an additional 248 shares in the last quarter. 94.85% of the stock is owned by 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.