Post Holdings, Inc. (NYSE:POST) was downgraded by Zacks Investment Research from a “hold” rating to a “strong sell” rating in a note issued to investors on Friday.

According to Zacks, “Post Holdings Inc. is a manufacturer, marketer and distributor of branded ready-to-eat cereals in the United States and Canada. The Company’s products are manufactured through a production platform consisting of four owned primary facilities and sold through a variety of channels such as grocery stores, mass merchandisers, club stores, and drug stores. Its portfolio of brands includes diverse offerings such as Honey Bunches of Oats, Pebbles, Post Selects, Great Grains, Spoon Size Shredded Wheat, Post Raisin Bran, Grape-Nuts and Honeycomb. Post Holdings Inc. is based in St. Louis, Missouri. “

Other equities analysts have also issued research reports about the company. BidaskClub upgraded Post Holdings from a “hold” rating to a “buy” rating in a research note on Thursday, September 28th. Pivotal Research reiterated a “buy” rating and issued a $105.00 target price on shares of Post Holdings in a research note on Wednesday, September 20th. Barclays PLC reiterated a “buy” rating on shares of Post Holdings in a research note on Friday, July 7th. Goldman Sachs Group, Inc. (The) began coverage on Post Holdings in a research note on Monday, July 17th. They issued a “buy” rating and a $105.00 target price on the stock. Finally, Wells Fargo & Company lifted their target price on Post Holdings from $96.00 to $106.00 and gave the company an “outperform” rating in a research note on Wednesday. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and seven have issued a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus price target of $101.17.

Shares of Post Holdings (NYSE POST) opened at 87.05 on Friday. The stock’s 50 day moving average is $85.46 and its 200-day moving average is $83.36. Post Holdings has a one year low of $68.76 and a one year high of $89.04. The company’s market cap is $5.76 billion.

Post Holdings (NYSE:POST) last announced its quarterly earnings results on Thursday, August 3rd. The company reported $0.63 EPS for the quarter, beating the consensus estimate of $0.61 by $0.02. The firm had revenue of $1.27 billion for the quarter, compared to analyst estimates of $1.25 billion. Post Holdings had a positive return on equity of 6.53% and a negative net margin of 0.06%. The business’s revenue for the quarter was up 2.1% on a year-over-year basis. During the same quarter last year, the firm posted $0.62 earnings per share. Equities research analysts expect that Post Holdings will post $2.69 earnings per share for the current year.

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A number of institutional investors and hedge funds have recently bought and sold shares of the business. Dynamic Technology Lab Private Ltd purchased a new position in Post Holdings in the second quarter valued at about $270,000. Ameritas Investment Partners Inc. grew its stake in Post Holdings by 4.6% in the second quarter. Ameritas Investment Partners Inc. now owns 19,830 shares of the company’s stock valued at $1,540,000 after purchasing an additional 881 shares during the last quarter. Bank of Nova Scotia grew its stake in Post Holdings by 269.4% in the second quarter. Bank of Nova Scotia now owns 319,800 shares of the company’s stock valued at $24,832,000 after purchasing an additional 233,224 shares during the last quarter. The Manufacturers Life Insurance Company grew its stake in Post Holdings by 4.8% in the second quarter. The Manufacturers Life Insurance Company now owns 97,202 shares of the company’s stock valued at $7,547,000 after purchasing an additional 4,435 shares during the last quarter. Finally, Cubist Systematic Strategies LLC grew its stake in Post Holdings by 82.9% in the second quarter. Cubist Systematic Strategies LLC now owns 4,400 shares of the company’s stock valued at $342,000 after purchasing an additional 1,994 shares during the last quarter.

Post Holdings 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.

Analyst Recommendations for Post Holdings (NYSE:POST)

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