Post (NYSE:POST) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Post (NYSE:POST) from a hold rating to a buy rating in a research report report published on Saturday.

Several other research analysts have also issued reports on the stock. Weiss Ratings reiterated a “hold (c)” rating on shares of Post in a research report on Wednesday, October 8th. JPMorgan Chase & Co. upped their price objective on Post from $131.00 to $132.00 and gave the stock an “overweight” rating in a report on Monday, October 27th. Wells Fargo & Company decreased their price objective on Post from $117.00 to $115.00 and set an “equal weight” rating on the stock in a report on Thursday, September 25th. Finally, Zacks Research lowered Post from a “strong-buy” rating to a “hold” rating in a research note on Monday, September 15th. Four equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $131.00.

Post Price Performance

POST stock opened at $105.77 on Friday. The company has a debt-to-equity ratio of 1.83, a current ratio of 2.60 and a quick ratio of 1.84. Post has a one year low of $100.44 and a one year high of $125.84. The stock has a market cap of $5.75 billion, a PE ratio of 17.99 and a beta of 0.49. The firm has a 50 day simple moving average of $105.87 and a two-hundred day simple moving average of $108.05.

Post announced that its Board of Directors has authorized a stock repurchase plan on Friday, August 29th that authorizes the company to buyback $0.00 in shares. This buyback authorization authorizes the company to purchase shares of its stock through open market purchases. Stock buyback plans are often a sign that the company’s board of directors believes its stock is undervalued.

Hedge Funds Weigh In On Post

A number of large investors have recently bought and sold shares of POST. Northwestern Mutual Wealth Management Co. boosted its stake in shares of 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. Brooklyn Investment Group raised its holdings in Post by 232.1% during the 1st quarter. Brooklyn Investment Group now owns 279 shares of the company’s stock valued at $32,000 after buying an additional 195 shares during the last quarter. Millstone Evans Group LLC boosted its position in Post by 50.0% during the 3rd quarter. Millstone Evans Group LLC now owns 375 shares of the company’s stock valued at $40,000 after buying an additional 125 shares during the period. Ameriflex Group Inc. grew its holdings in Post by 332.0% in the 3rd quarter. Ameriflex Group Inc. now owns 432 shares of the company’s stock worth $46,000 after acquiring an additional 332 shares during the last quarter. Finally, Byrne Asset Management LLC purchased a new position in shares of Post in the second quarter valued at about $52,000. 94.85% of the stock is 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.