Post (NYSE:POST) Given New $119.00 Price Target at JPMorgan Chase & Co.

Post (NYSE:POST) had its target price lowered by JPMorgan Chase & Co. from $133.00 to $119.00 in a report released on Monday morning,Benzinga reports. JPMorgan Chase & Co. currently has an overweight rating on the stock.

A number of other research analysts also recently weighed in on the stock. Wells Fargo & Company reduced their target price on shares of Post from $120.00 to $110.00 and set an “equal weight” rating for the company in a research report on Wednesday, April 8th. Barclays reduced their target price on shares of Post from $127.00 to $119.00 and set an “overweight” rating for the company in a research report on Tuesday, April 14th. Wall Street Zen raised shares of Post from a “hold” rating to a “buy” rating in a research report on Saturday, February 7th. Weiss Ratings raised shares of Post from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Friday, February 6th. Finally, Zacks Research raised shares of Post from a “strong sell” rating to a “hold” rating in a research report on Monday, February 9th. Five equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, Post has an average rating of “Moderate Buy” and an average target price of $124.50.

Post Trading Up 2.4%

NYSE:POST opened at $103.98 on Monday. The company has a debt-to-equity ratio of 2.15, a quick ratio of 1.02 and a current ratio of 1.90. The firm has a market cap of $4.97 billion, a price-to-earnings ratio of 19.22 and a beta of 0.44. Post has a 52 week low of $94.13 and a 52 week high of $117.28. The firm has a 50-day moving average price of $102.45 and a two-hundred day moving average price of $102.45.

Post (NYSE:POST) last posted its quarterly earnings data on Thursday, February 5th. The company reported $2.13 EPS for the quarter, beating the consensus estimate of $1.66 by $0.47. Post had a net margin of 3.82% and a return on equity of 12.37%. The firm had revenue of $2.17 billion during the quarter, compared to analyst estimates of $2.18 billion. During the same quarter last year, the business posted $1.73 EPS. The company’s revenue for the quarter was up 10.2% on a year-over-year basis. On average, equities analysts expect that Post will post 7.24 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, Director Gregory L. Curl sold 6,983 shares of the firm’s stock in a transaction that occurred on Monday, February 9th. The shares were sold at an average price of $114.31, for a total value of $798,226.73. Following the completion of the transaction, the director directly owned 21,293 shares of the company’s stock, valued at approximately $2,434,002.83. This trade represents a 24.70% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 14.05% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the business. Dimensional Fund Advisors LP boosted its holdings in Post by 5.1% in the 4th quarter. Dimensional Fund Advisors LP now owns 2,957,198 shares of the company’s stock worth $292,912,000 after buying an additional 144,775 shares during the period. Norges Bank bought a new position in Post in the 4th quarter worth approximately $113,660,000. Geode Capital Management LLC boosted its holdings in Post by 1.0% in the 4th quarter. Geode Capital Management LLC now owns 880,993 shares of the company’s stock worth $87,282,000 after buying an additional 8,906 shares during the period. Arrowstreet Capital Limited Partnership boosted its holdings in Post by 104.5% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 415,493 shares of the company’s stock worth $41,155,000 after buying an additional 212,325 shares during the period. Finally, AQR Capital Management LLC boosted its holdings in Post by 55.8% in the 3rd quarter. AQR Capital Management LLC now owns 321,840 shares of the company’s stock worth $34,476,000 after buying an additional 115,223 shares during the period. 94.85% of the stock is owned by institutional investors.

Trending Headlines about Post

Here are the key news stories impacting Post this week:

• Positive Sentiment: Post reported a strong recent quarter with an EPS beat (reported $2.13 vs. $1.66 consensus) and revenue up ~10% year-over-year, underscoring resilient demand and backing analyst expectations for healthy full-year earnings. Post Q4 results
• Negative Sentiment: JPMorgan lowered its price target on POST from $133 to $119 while keeping an “overweight” rating — a downgrade of the target that could weigh on sentiment even though the stock still shows analyst-implied upside. JPMorgan price-target note

About Post

Post Holdings, Inc is a consumer packaged goods company that operates as a holding company for a diverse portfolio of food and beverage brands. The company’s principal activities include the production, marketing and distribution of ready-to-eat cereal, refrigerated and frozen foods, and nutritional beverages. Through its operating segments—Post Consumer Brands, Foodservice, Refrigerated Side Dishes & Bakery, and Active Nutrition—Post Holdings delivers a broad array of products to retail grocers, convenience stores, foodservice operators and e-commerce channels.

The Post Consumer Brands segment features a variety of hot and cold cereals under names such as Honey Bunches of Oats, Shredded Wheat and Pebbles.