Post (NYSE:POST) had its price objective reduced by Wells Fargo & Co from $106.00 to $90.00 in a research report issued to clients and investors on Tuesday, February 6th, Marketbeat Ratings reports. The firm currently has an “outperform” rating on the stock. Wells Fargo & Co’s target price points to a potential upside of 17.77% from the company’s previous close. The analysts noted that the move was a valuation call.
A number of other analysts also recently weighed in on the company. Vertical Group upgraded Post from a “hold” rating to a “buy” rating in a report on Monday, February 5th. Pivotal Research reiterated a “buy” rating and set a $105.00 price target on shares of Post in a report on Friday, February 2nd. Zacks Investment Research upgraded Post from a “strong sell” rating to a “hold” rating in a report on Thursday, January 25th. Citigroup set a $110.00 price target on Post and gave the stock a “buy” rating in a report on Monday, November 20th. Finally, SunTrust Banks set a $105.00 price target on Post and gave the stock a “buy” rating in a report on Thursday, November 16th. One research analyst has rated the stock with a sell rating, one has given a hold rating and ten have issued a buy rating to the stock. The company has an average rating of “Buy” and a consensus target price of $100.13.
Post (POST) traded up $1.67 during midday trading on Tuesday, reaching $76.42. The company had a trading volume of 735,056 shares, compared to its average volume of 1,143,405. The firm has a market capitalization of $4,950.00, a P/E ratio of 26.41, a price-to-earnings-growth ratio of 1.14 and a beta of -0.05. Post has a 1-year low of $71.06 and a 1-year high of $89.04. The company has a quick ratio of 3.27, a current ratio of 4.05 and a debt-to-equity ratio of 2.47.
In other news, CFO Jeff A. Zadoks bought 1,353 shares of Post stock in a transaction dated Tuesday, February 6th. The stock was bought at an average cost of $73.30 per share, for a total transaction of $99,174.90. Following the purchase, the chief financial officer now directly owns 7,668 shares in the company, valued at approximately $562,064.40. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director David W. Kemper bought 2,500 shares of Post stock in a transaction dated Thursday, November 30th. The stock was purchased at an average price of $79.86 per share, with a total value of $199,650.00. Following the completion of the purchase, the director now owns 6,700 shares in the company, valued at $535,062. The disclosure for this purchase can be found here. Over the last 90 days, insiders bought 106,573 shares of company stock valued at $7,698,343. 7.40% of the stock is currently owned by company insiders.
Institutional investors and hedge funds have recently modified their holdings of the company. Gabelli Funds LLC grew its stake in shares of Post by 1.4% in the 3rd quarter. Gabelli Funds LLC now owns 593,300 shares of the company’s stock valued at $52,371,000 after buying an additional 8,300 shares during the period. Dimensional Fund Advisors LP grew its stake in shares of Post by 3.6% in the 3rd quarter. Dimensional Fund Advisors LP now owns 2,273,861 shares of the company’s stock valued at $200,704,000 after buying an additional 78,669 shares during the period. Swiss National Bank grew its stake in shares of Post by 3.7% in the 3rd quarter. Swiss National Bank now owns 110,900 shares of the company’s stock valued at $9,789,000 after buying an additional 4,000 shares during the period. Stifel Financial Corp grew its stake in shares of Post by 5.3% in the 3rd quarter. Stifel Financial Corp now owns 157,967 shares of the company’s stock valued at $13,971,000 after buying an additional 7,970 shares during the period. Finally, Engineers Gate Manager LP bought a new position in Post in the 3rd quarter valued at about $4,463,000.
Post Company Profile
Post Holdings, Inc is a consumer packaged goods holding company. The Company operates through four segments, namely, Post Consumer Brands, Michael Foods Group, Active Nutrition and Private Brands. The Company’s Post Consumer Brands segment includes the Post Foods branded ready-to-eat cereal operations and the business of MOM Brands.
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