BidaskClub Downgrades Post Holdings, Inc. (POST) to Strong Sell

Post Holdings, Inc. (NYSE:POST) was downgraded by research analysts at BidaskClub from a “sell” rating to a “strong sell” rating in a report issued on Wednesday.

Several other analysts also recently weighed in on POST. Zacks Investment Research upgraded shares of Post Holdings from a “hold” rating to a “buy” rating and set a $92.00 target price for the company in a report on Saturday, October 28th. BMO Capital Markets upgraded shares of Post Holdings from a “market perform” rating to an “outperform” rating and set a $106.00 target price for the company in a report on Wednesday, September 20th. Pivotal Research reiterated a “buy” rating and issued a $105.00 target price on shares of Post Holdings in a report on Wednesday, September 20th. Wells Fargo & Company lifted their target price on shares of Post Holdings from $96.00 to $106.00 and gave the company an “outperform” rating in a report on Wednesday, October 4th. Finally, Barclays PLC reiterated a “buy” rating on shares of Post Holdings in a report on Friday, July 7th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and seven have given a buy rating to the stock. Post Holdings presently has an average rating of “Buy” and a consensus price target of $101.83.

Post Holdings (NYSE:POST) last posted its earnings results on Thursday, August 3rd. The company reported $0.63 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.61 by $0.02. Post Holdings had a negative net margin of 0.06% and a positive return on equity of 6.53%. The firm had revenue of $1.27 billion during the quarter, compared to the consensus estimate of $1.25 billion. During the same quarter last year, the firm earned $0.62 EPS. The firm’s revenue for the quarter was up 2.1% on a year-over-year basis.

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Several large investors have recently bought and sold shares of the business. IndexIQ Advisors LLC grew its stake in shares of Post Holdings by 0.3% in the second quarter. IndexIQ Advisors LLC now owns 1,485 shares of the company’s stock worth $115,000 after acquiring an additional 4 shares in the last quarter. Dorsey & Whitney Trust CO LLC grew its stake in shares of Post Holdings by 2.2% in the second quarter. Dorsey & Whitney Trust CO LLC now owns 2,744 shares of the company’s stock worth $213,000 after acquiring an additional 60 shares in the last quarter. Atria Investments LLC grew its stake in shares of Post Holdings by 2.2% in the second quarter. Atria Investments LLC now owns 4,194 shares of the company’s stock worth $326,000 after acquiring an additional 91 shares in the last quarter. Utah Retirement Systems grew its stake in shares of Post Holdings by 0.8% in the second quarter. Utah Retirement Systems now owns 11,900 shares of the company’s stock worth $924,000 after acquiring an additional 100 shares in the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank grew its stake in shares of Post Holdings by 9.5% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,194 shares of the company’s stock worth $170,000 after acquiring an additional 190 shares in the last quarter.

About Post Holdings

Post Holdings, Inc is a consumer packaged goods holding company. The Company operates through four segments, namely, Post Consumer Brands, Michael Foods Group, Active Nutrition and Private Brands. The Company’s Post Consumer Brands segment includes the Post Foods branded ready-to-eat cereal operations and the business of MOM Brands.

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