Shares of Post Holdings, Inc. (New York Stock Exchange: POST – Get a rating) received an average rating of “moderate buy” from the eight research companies that currently cover the business, MarketBeat.com reports. Two analysts rated the stock with a hold recommendation and two gave the company a buy recommendation. The average 1-year target price among analysts who have rated the stock over the past year is $92.00.
A number of stock analysts have recently commented on the stock. Evercore ISI raised its price target on Post shares to $98.00 in a Monday, August 15 report. Piper Sandler lowered her price target on Post shares to $107.00 in a Thursday, October 13 report. Stifel Nicolaus raised his price target on Post shares from $95.00 to $100.00 in a Monday, August 8 report. To finish, StockNews.com launched coverage on Post shares in a research report on Wednesday, October 12. They set a “hold” rating for the company.
Institutional post office
Hedge funds have recently changed their positions in the stock. Quadrant Capital Group LLC increased its position in Post by 48.8% in the third quarter. Quadrant Capital Group LLC now owns 357 shares of the company worth $29,000 after purchasing an additional 117 shares during the period. Victory Capital Management Inc. increased its position in Post shares by 1.0% in the second quarter. Victory Capital Management Inc. now owns 12,830 shares of the company valued at $1,057,000 after acquiring 128 additional shares during the period. Exchange Traded Concepts LLC increased its position in Post stock by 2.3% in the second quarter. Exchange Traded Concepts LLC now owns 5,786 shares of the company valued at $476,000 after acquiring 132 additional shares during the period. Rockefeller Capital Management LP increased its position in Post shares by 20.4% in the third quarter. Rockefeller Capital Management LP now owns 962 shares of the company valued at $78,000 after acquiring 163 additional shares during the period. Finally, Texas Permanent School Fund increased its position in Post shares by 0.4% in the second quarter. Texas Permanent School Fund now owns 40,513 shares of the company valued at $3,336,000 after acquiring an additional 166 shares during the period. 90.33% of the shares are held by institutional investors.
Performance after stock
Shares of New York Stock Exchange: POST opened at $89.61 on Friday. The company’s 50-day simple moving average is $86.36 and its 200-day simple moving average is $84.32. The stock has a market capitalization of $5.35 billion, a price-earnings ratio of 7.96 and a beta of 0.64. Post has a 1-year low of $62.83 and a 1-year high of $92.26. The company has a debt ratio of 1.77, a current ratio of 3.02 and a quick ratio of 2.33.
About the post
Post Holdings, Inc. operates as a consumer packaged goods holding company in the United States and internationally. It operates through five segments: Post-Consumer Brands, Weetabix, Foodservice, Refrigerated Retail and BellRing Brands. The Post Consumer Brands segment manufactures, markets and sells branded and private label ready-to-eat (RTE) cereals and hot cereals.
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