Stifel Nicolaus Increases Post (NYSE:POST) Price Target to $120.00

Post (NYSE:POST) had its price target upped by Stifel Nicolaus from $115.00 to $120.00 in a report published on Monday, Benzinga reports. The firm currently has a buy rating on the stock.

Several other equities analysts have also recently weighed in on the company. Mizuho boosted their price objective on Post from $110.00 to $128.00 and gave the stock a buy rating in a research report on Monday, February 5th. Barclays boosted their price objective on Post from $105.00 to $115.00 and gave the stock an overweight rating in a research report on Tuesday, February 6th. Finally, Evercore ISI upped their price target on Post from $118.00 to $122.00 and gave the company an outperform rating in a report on Monday. Two investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of Moderate Buy and an average target price of $112.83.

Post Stock Performance

POST opened at $105.59 on Monday. Post has a 52-week low of $78.85 and a 52-week high of $108.17. The company has a debt-to-equity ratio of 1.61, a quick ratio of 1.20 and a current ratio of 2.16. The company has a market cap of $6.41 billion, a PE ratio of 20.19 and a beta of 0.65. The stock has a 50-day moving average of $104.06 and a 200-day moving average of $95.49.

Post (NYSE:POST) last posted its quarterly earnings data on Thursday, May 2nd. The company reported $1.51 earnings per share for the quarter, topping the consensus estimate of $1.29 by $0.22. Post had a return on equity of 10.93% and a net margin of 4.38%. The business had revenue of $2 billion during the quarter, compared to analysts’ expectations of $2.03 billion. During the same quarter in the previous year, the firm earned $1.10 EPS. The firm’s revenue was up 23.4% compared to the same quarter last year. As a group, equities research analysts forecast that Post will post 5.52 earnings per share for the current fiscal year.

Insider Buying and Selling at Post

In other Post news, CEO Nicolas Catoggio sold 300 shares of the company’s stock in a transaction that occurred on Wednesday, March 6th. The stock was sold at an average price of $104.11, for a total value of $31,233.00. Following the completion of the transaction, the chief executive officer now owns 74,992 shares of the company’s stock, valued at approximately $7,807,417.12. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. In other news, CEO Nicolas Catoggio sold 300 shares of the company’s stock in a transaction that occurred on Wednesday, March 6th. The stock was sold at an average price of $104.11, for a total value of $31,233.00. Following the sale, the chief executive officer now directly owns 74,992 shares in the company, valued at approximately $7,807,417.12. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Thomas C. Erb acquired 1,000 shares of the stock in a transaction dated Wednesday, February 7th. The stock was bought at an average price of $104.24 per share, for a total transaction of $104,240.00. Following the completion of the purchase, the director now owns 33,475 shares in the company, valued at approximately $3,489,434. The disclosure for this purchase can be found here. Insiders own 10.70% of the company’s stock.

Institutional Investors Weigh In On Post

Several large investors have recently modified their holdings of POST. Nordea Investment Management AB bought a new stake in Post during the 4th quarter worth approximately $4,698,000. Mackenzie Financial Corp bought a new stake in Post during the 4th quarter worth approximately $1,022,000. Duality Advisers LP bought a new stake in Post during the 3rd quarter worth approximately $416,000. Anderson Hoagland & Co. grew its position in Post by 15.6% during the 4th quarter. Anderson Hoagland & Co. now owns 38,794 shares of the company’s stock worth $3,605,000 after acquiring an additional 5,241 shares during the last quarter. Finally, Cerity Partners LLC grew its position in Post by 114.1% during the 4th quarter. Cerity Partners LLC now owns 15,791 shares of the company’s stock worth $1,391,000 after acquiring an additional 8,417 shares during the last quarter. 94.85% of the stock is currently 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.