Post Holdings Inc. (POST) Receives $85.33 Consensus Target Price from Analysts
Shares of Post Holdings Inc. (NYSE:POST) have received an average recommendation of “Buy” from the ten research firms that are covering the firm. Two investment analysts have rated the stock with a hold recommendation and eight have assigned a buy recommendation to the company. The average 1 year price target among analysts that have updated their coverage on the stock in the last year is $85.33.
Several analysts have issued reports on POST shares. Pivotal Research decreased their price objective on shares of Post Holdings from $105.00 to $90.00 and set a “buy” rating for the company in a research note on Monday, July 25th. Zacks Investment Research downgraded shares of Post Holdings from a “strong-buy” rating to a “hold” rating in a research note on Thursday, July 28th. Finally, BMO Capital Markets reissued an “outperform” rating and issued a $90.00 price objective on shares of Post Holdings in a research note on Wednesday, August 10th.
Shares of Post Holdings (NYSE:POST) opened at 72.83 on Monday. The company’s market capitalization is $4.71 billion. Post Holdings has a 12 month low of $50.93 and a 12 month high of $89.00. The stock has a 50 day moving average price of $77.12 and a 200-day moving average price of $79.70.
In other news, CEO Richard R. Koulouris sold 21,942 shares of the firm’s stock in a transaction that occurred on Monday, August 22nd. The shares were sold at an average price of $85.33, for a total transaction of $1,872,310.86. Following the transaction, the chief executive officer now directly owns 28,334 shares of the company’s stock, valued at $2,417,740.22. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Insiders own 1.10% of the company’s stock.
Institutional investors have recently modified their holdings of the company. Geode Capital Management LLC raised its position in shares of Post Holdings by 5.4% in the first quarter. Geode Capital Management LLC now owns 482,860 shares of the company’s stock worth $33,206,000 after buying an additional 24,706 shares during the period. Nuveen Asset Management LLC raised its position in shares of Post Holdings by 1.7% in the first quarter. Nuveen Asset Management LLC now owns 29,081 shares of the company’s stock worth $2,000,000 after buying an additional 493 shares during the period. Adage Capital Partners GP L.L.C. bought a new position in shares of Post Holdings during the first quarter worth approximately $5,502,000. Metropolitan Life Insurance Co. NY raised its position in shares of Post Holdings by 3.5% in the first quarter. Metropolitan Life Insurance Co. NY now owns 100,140 shares of the company’s stock worth $6,887,000 after buying an additional 3,355 shares during the period. Finally, Barclays PLC raised its position in shares of Post Holdings by 32.6% in the first quarter. Barclays PLC now owns 22,117 shares of the company’s stock worth $1,504,000 after buying an additional 5,438 shares during the period.
About Post Holdings
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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