Post Holdings, Inc. (NYSE:POST – Get Free Report) has earned an average recommendation of “Moderate Buy” from the six brokerages that are presently covering the company, Marketbeat.com reports. One analyst has rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 1 year price objective among brokerages that have covered the stock in the last year is $124.17.
A number of equities analysts have issued reports on the company. Wells Fargo & Company decreased their price objective on Post from $120.00 to $116.00 and set an “equal weight” rating for the company in a report on Tuesday, November 19th. Evercore ISI increased their price objective on Post from $123.00 to $126.00 and gave the company an “outperform” rating in a research report on Monday, November 18th.
Read Our Latest Analysis on Post
Post Stock Down 1.6 %
Insiders Place Their Bets
In related news, SVP Bradly A. Harper sold 1,000 shares of the business’s stock in a transaction that occurred on Thursday, December 5th. The stock was sold at an average price of $120.09, for a total value of $120,090.00. Following the transaction, the senior vice president now directly owns 11,220 shares of the company’s stock, valued at approximately $1,347,409.80. The trade was a 8.18 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Nicolas Catoggio sold 6,000 shares of Post stock in a transaction on Monday, December 2nd. The shares were sold at an average price of $121.14, for a total transaction of $726,840.00. Following the completion of the sale, the chief executive officer now owns 70,501 shares in the company, valued at approximately $8,540,491.14. This represents a 7.84 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 35,969 shares of company stock worth $4,322,051. Company insiders own 11.40% of the company’s stock.
Institutional Inflows and Outflows
A number of hedge funds have recently bought and sold shares of POST. V Square Quantitative Management LLC purchased a new stake in Post in the third quarter worth $27,000. Fortitude Family Office LLC grew its stake in Post by 426.0% in the 4th quarter. Fortitude Family Office LLC now owns 263 shares of the company’s stock worth $30,000 after acquiring an additional 213 shares in the last quarter. Ashton Thomas Securities LLC purchased a new position in shares of Post during the third quarter worth approximately $33,000. Quarry LP boosted its holdings in shares of Post by 244.9% in the third quarter. Quarry LP now owns 338 shares of the company’s stock valued at $39,000 after purchasing an additional 240 shares during the period. Finally, Point72 Asia Singapore Pte. Ltd. purchased a new position in Post during the 2nd quarter worth $62,000. Institutional investors own 94.85% of the company’s stock.
Post Company Profile
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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