Post Target of Unusually Large Options Trading (NYSE:POST)

Post Holdings, Inc. (NYSE:POSTGet Rating) saw unusually large options trading on Friday. Traders purchased 2,482 put options on the stock. This is an increase of 314% compared to the average volume of 600 put options.

Post Price Performance

POST stock opened at $88.95 on Friday. The firm has a 50 day moving average price of $86.36 and a 200-day moving average price of $84.43. Post has a 52-week low of $62.83 and a 52-week high of $92.66. The firm has a market capitalization of $5.32 billion, a price-to-earnings ratio of 7.90 and a beta of 0.64. The company has a debt-to-equity ratio of 1.77, a quick ratio of 2.33 and a current ratio of 3.02.

Analysts Set New Price Targets

Several analysts recently issued reports on POST shares. Stifel Nicolaus raised their target price on Post from $95.00 to $100.00 in a research note on Monday, August 8th. Evercore ISI raised their price objective on shares of Post to $98.00 in a report on Monday, August 15th. Piper Sandler lowered their price objective on shares of Post to $107.00 in a report on Thursday, October 13th. Finally, StockNews.com began coverage on shares of Post in a report on Wednesday, October 12th. They issued a “hold” rating for the company. Two research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat.com, Post has a consensus rating of “Moderate Buy” and an average target price of $92.00.

Hedge Funds Weigh In On Post

Large investors have recently made changes to their positions in the business. Standard Family Office LLC purchased a new position in Post in the 3rd quarter worth approximately $25,000. Quadrant Capital Group LLC raised its holdings in Post by 48.8% in the 3rd quarter. Quadrant Capital Group LLC now owns 357 shares of the company’s stock worth $29,000 after acquiring an additional 117 shares during the last quarter. Prospera Financial Services Inc purchased a new position in Post in the 1st quarter worth approximately $30,000. Bessemer Group Inc. grew its position in Post by 1,015.0% in the 3rd quarter. Bessemer Group Inc. now owns 446 shares of the company’s stock worth $37,000 after purchasing an additional 406 shares during the period. Finally, Ellevest Inc. grew its position in Post by 136.9% in the 3rd quarter. Ellevest Inc. now owns 507 shares of the company’s stock worth $42,000 after purchasing an additional 293 shares during the period. 90.33% of the stock is currently owned by hedge funds and other institutional investors.

Post Company Profile

(Get Rating)

Post Holdings, Inc operates as a consumer packaged goods holding company in the United States and internationally. It operates through five segments: Post Consumer Brands, Weetabix, Foodservice, Refrigerated Retail, and BellRing Brands. The Post Consumer Brands segment manufactures, markets, and sells branded and private label ready-to-eat (RTE) cereal and hot cereal products.

Further Reading

Receive News & Ratings for Post Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Post and related companies with MarketBeat.com's FREE daily email newsletter.