Texas Permanent School Fund Corp Sells 1,222 Shares of TreeHouse Foods, Inc. (NYSE:THS)

Texas Permanent School Fund Corp lessened its position in TreeHouse Foods, Inc. (NYSE:THS) by 2.8% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 42,820 shares of the company’s stock after selling 1,222 shares during the quarter. Texas Permanent School Fund Corp owned 0.08% of TreeHouse Foods worth $1,569,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Innealta Capital LLC bought a new position in shares of TreeHouse Foods during the second quarter valued at about $44,000. GAMMA Investing LLC boosted its holdings in shares of TreeHouse Foods by 304.7% during the second quarter. GAMMA Investing LLC now owns 1,291 shares of the company’s stock worth $47,000 after purchasing an additional 972 shares during the period. Central Pacific Bank Trust Division purchased a new stake in shares of TreeHouse Foods during the first quarter worth about $48,000. Rothschild Investment LLC purchased a new stake in shares of TreeHouse Foods during the second quarter worth about $67,000. Finally, TFO Wealth Partners LLC boosted its holdings in shares of TreeHouse Foods by 78,600.0% during the fourth quarter. TFO Wealth Partners LLC now owns 2,361 shares of the company’s stock worth $98,000 after purchasing an additional 2,358 shares during the period. Institutional investors own 99.81% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have commented on the stock. StockNews.com upgraded shares of TreeHouse Foods from a “sell” rating to a “hold” rating in a report on Tuesday, August 6th. Barclays raised their price objective on shares of TreeHouse Foods from $36.00 to $39.00 and gave the stock an “equal weight” rating in a report on Tuesday, August 6th. Stifel Nicolaus raised their price objective on shares of TreeHouse Foods from $36.00 to $41.00 and gave the stock a “hold” rating in a report on Tuesday, August 6th. Finally, Mizuho raised their price objective on shares of TreeHouse Foods from $37.00 to $40.00 and gave the stock a “neutral” rating in a report on Monday, August 26th. Seven equities research analysts have rated the stock with a hold rating, According to MarketBeat, TreeHouse Foods currently has a consensus rating of “Hold” and a consensus price target of $40.00.

Insiders Place Their Bets

In other news, EVP Kristy N. Waterman sold 3,000 shares of TreeHouse Foods stock in a transaction on Monday, August 26th. The shares were sold at an average price of $42.34, for a total transaction of $127,020.00. Following the transaction, the executive vice president now owns 20,784 shares in the company, valued at approximately $879,994.56. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.90% of the stock is currently owned by insiders.

TreeHouse Foods Price Performance

Shares of THS opened at $42.82 on Thursday. The company has a market capitalization of $2.25 billion, a P/E ratio of 93.09 and a beta of 0.22. The company has a quick ratio of 0.52, a current ratio of 1.44 and a debt-to-equity ratio of 0.90. The firm has a 50 day moving average of $39.67 and a 200 day moving average of $37.65. TreeHouse Foods, Inc. has a twelve month low of $33.28 and a twelve month high of $48.05.

TreeHouse Foods (NYSE:THS) last posted its earnings results on Monday, August 5th. The company reported $0.29 EPS for the quarter, topping analysts’ consensus estimates of $0.13 by $0.16. TreeHouse Foods had a negative net margin of 0.41% and a positive return on equity of 5.42%. The business had revenue of $788.50 million during the quarter, compared to the consensus estimate of $784.10 million. During the same quarter in the previous year, the firm posted $0.42 EPS. The firm’s revenue was down 1.9% on a year-over-year basis. As a group, equities research analysts anticipate that TreeHouse Foods, Inc. will post 2.34 earnings per share for the current fiscal year.

TreeHouse Foods Company Profile

TreeHouse Foods, Inc manufactures and distributes private brands snacks and beverages in the United States and internationally. The company provides snacking products, such as crackers, pretzels, in-store bakery items, frozen griddle items, cookies, and candies; and beverage and drink mixes, including non-dairy creamer, coffee, broths/stocks, powdered beverages and other blends, tea, and ready-to-drink-beverages.