Key Points
- SVP Bradly Harper sold 1,658 Post shares on Dec. 5 at an average price of $96.69 for a total of $160,312.02, reducing his stake by 12.66% to 11,441 shares (valued about $1.106M).
- Post beat quarterly expectations with $2.09 EPS vs. $1.89 est. and reported $2.25 billion in revenue (up 11.8% year-over-year), with a net margin of 4.11% and ROE of 11.72%.
- Analysts are mixed but generally positive: MarketBeat shows a consensus rating of "Moderate Buy" with a consensus price target of $125.33.
Post Holdings, Inc. (NYSE:POST - Get Free Report) SVP Bradly Harper sold 1,658 shares of the business's stock in a transaction dated Friday, December 5th. The stock was sold at an average price of $96.69, for a total transaction of $160,312.02. Following the completion of the transaction, the senior vice president owned 11,441 shares of the company's stock, valued at $1,106,230.29. This represents a 12.66% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.
Post Stock Up 1.2%
NYSE:POST opened at $97.19 on Tuesday. The company's 50-day simple moving average is $104.85 and its 200-day simple moving average is $107.07. The company has a debt-to-equity ratio of 1.97, a quick ratio of 0.95 and a current ratio of 1.67. Post Holdings, Inc. has a fifty-two week low of $95.07 and a fifty-two week high of $125.84. The stock has a market capitalization of $5.07 billion, a P/E ratio of 17.74 and a beta of 0.46.
Post (NYSE:POST - Get Free Report) last posted its quarterly earnings data on Thursday, November 20th. The company reported $2.09 EPS for the quarter, topping the consensus estimate of $1.89 by $0.20. The firm had revenue of $2.25 billion during the quarter, compared to analyst estimates of $2.25 billion. Post had a net margin of 4.11% and a return on equity of 11.72%. Post's revenue was up 11.8% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.53 EPS. On average, equities analysts anticipate that Post Holdings, Inc. will post 6.41 earnings per share for the current fiscal year.
Post announced that its Board of Directors has approved a stock repurchase plan on Friday, August 29th that allows the company to buyback $0.00 in shares. This buyback authorization allows the company to buy shares of its stock through open market purchases. Stock buyback plans are generally an indication that the company's management believes its stock is undervalued.
Analysts Set New Price Targets
A number of analysts have recently weighed in on POST shares. Evercore ISI dropped their target price on Post from $131.00 to $129.00 and set an "outperform" rating on the stock in a research note on Monday, November 24th. JPMorgan Chase & Co. raised their price target on Post from $131.00 to $132.00 and gave the stock an "overweight" rating in a report on Monday, October 27th. Barclays dropped their price target on Post from $125.00 to $113.00 and set an "overweight" rating on the stock in a research note on Tuesday, November 25th. Zacks Research lowered shares of Post from a "hold" rating to a "strong sell" rating in a research report on Friday, November 28th. Finally, Weiss Ratings reissued a "hold (c-)" rating on shares of Post in a research report on Monday, December 1st. Five equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Post currently has a consensus rating of "Moderate Buy" and a consensus price target of $125.33.
View Our Latest Report on POST
Institutional Investors Weigh In On Post
A number of large investors have recently bought and sold shares of the company. Aviso Financial Inc. increased its holdings in Post by 1.0% in the 1st quarter. Aviso Financial Inc. now owns 10,270 shares of the company's stock worth $1,195,000 after buying an additional 100 shares during the period. Sequoia Financial Advisors LLC increased its stake in shares of Post by 2.3% in the second quarter. Sequoia Financial Advisors LLC now owns 5,075 shares of the company's stock worth $553,000 after acquiring an additional 115 shares during the period. Millstone Evans Group LLC increased its stake in shares of Post by 50.0% in the third quarter. Millstone Evans Group LLC now owns 375 shares of the company's stock worth $40,000 after acquiring an additional 125 shares during the period. Parallel Advisors LLC raised its holdings in shares of Post by 17.7% during the second quarter. Parallel Advisors LLC now owns 844 shares of the company's stock worth $92,000 after purchasing an additional 127 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. lifted its position in Post by 119.5% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 248 shares of the company's stock valued at $27,000 after purchasing an additional 135 shares during the period. Hedge funds and other institutional investors own 94.85% of the company's stock.
Post Company Profile
(
Get Free Report)
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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