Post (NYSE:POST) Price Target Cut to $116.00 by Analysts at Wells Fargo & Company

Post (NYSE:POST) had its price target trimmed by Wells Fargo & Company from $120.00 to $116.00 in a research note issued to investors on Tuesday,Benzinga reports. The brokerage currently has an equal weight rating on the stock.

Several other analysts have also weighed in on POST. JPMorgan Chase & Co. upped their target price on Post from $118.00 to $125.00 and gave the company an “overweight” rating in a report on Tuesday, August 6th. Evercore ISI upped their target price on Post from $123.00 to $126.00 and gave the company an “outperform” rating in a report on Monday. Finally, Stifel Nicolaus upped their target price on Post from $120.00 to $130.00 and gave the company a “buy” rating in a report on Monday, August 5th. One investment analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $124.17.

Post Stock Up 1.6 %

Post stock opened at $110.30 on Tuesday. The company has a debt-to-equity ratio of 1.66, a quick ratio of 1.56 and a current ratio of 2.36. The firm has a market capitalization of $6.44 billion, a price-to-earnings ratio of 19.55 and a beta of 0.64. Post has a fifty-two week low of $83.73 and a fifty-two week high of $118.96. The stock’s fifty day moving average is $112.79 and its two-hundred day moving average is $109.79.

Hedge Funds Weigh In On Post

Several large investors have recently added to or reduced their stakes in the business. Discipline Wealth Solutions LLC purchased a new position in Post during the third quarter worth about $234,000. TD Private Client Wealth LLC lifted its position in Post by 1,993.6% during the third quarter. TD Private Client Wealth LLC now owns 8,563 shares of the company’s stock worth $991,000 after buying an additional 8,154 shares during the period. Coldstream Capital Management Inc. lifted its position in Post by 9.4% during the third quarter. Coldstream Capital Management Inc. now owns 2,422 shares of the company’s stock worth $280,000 after buying an additional 208 shares during the period. PYA Waltman Capital LLC lifted its position in Post by 1.7% during the third quarter. PYA Waltman Capital LLC now owns 149,802 shares of the company’s stock worth $17,340,000 after buying an additional 2,474 shares during the period. Finally, MML Investors Services LLC lifted its position in Post by 10.3% during the third quarter. MML Investors Services LLC now owns 23,905 shares of the company’s stock worth $2,767,000 after buying an additional 2,241 shares during the period. 94.85% of the stock is currently owned by hedge funds and other institutional investors.

About Post

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.