Blair William & Co. IL Lowers Stock Holdings in TreeHouse Foods, Inc. (NYSE:THS)

Blair William & Co. IL cut its stake in shares of TreeHouse Foods, Inc. (NYSE:THS) by 43.8% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 225,915 shares of the company’s stock after selling 176,278 shares during the quarter. Blair William & Co. IL owned approximately 0.43% of TreeHouse Foods worth $8,278,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Quadrant Capital Group LLC increased its holdings in TreeHouse Foods by 62.2% during the 4th quarter. Quadrant Capital Group LLC now owns 2,469 shares of the company’s stock worth $102,000 after purchasing an additional 947 shares during the period. Norges Bank purchased a new position in shares of TreeHouse Foods during the fourth quarter valued at $13,547,000. UBS Group AG raised its holdings in shares of TreeHouse Foods by 701.4% in the fourth quarter. UBS Group AG now owns 571,535 shares of the company’s stock valued at $23,690,000 after acquiring an additional 500,215 shares in the last quarter. TFO Wealth Partners LLC lifted its stake in TreeHouse Foods by 78,600.0% in the fourth quarter. TFO Wealth Partners LLC now owns 2,361 shares of the company’s stock worth $98,000 after acquiring an additional 2,358 shares during the period. Finally, Axiom Investors LLC DE grew its holdings in TreeHouse Foods by 20.2% during the 4th quarter. Axiom Investors LLC DE now owns 108,555 shares of the company’s stock worth $4,500,000 after acquiring an additional 18,220 shares in the last quarter. Institutional investors own 99.81% of the company’s stock.

Wall Street Analyst Weigh In

THS has been the topic of a number of recent research reports. Stifel Nicolaus increased their price objective on shares of TreeHouse Foods from $36.00 to $41.00 and gave the company a “hold” rating in a research note on Tuesday, August 6th. Mizuho lifted their price target on TreeHouse Foods from $37.00 to $40.00 and gave the company a “neutral” rating in a report on Monday, August 26th. StockNews.com raised TreeHouse Foods from a “sell” rating to a “hold” rating in a research report on Tuesday, August 6th. Finally, Barclays raised their price objective on TreeHouse Foods from $36.00 to $39.00 and gave the company an “equal weight” rating in a research report on Tuesday, August 6th. Seven research analysts have rated the stock with a hold rating, Based on data from MarketBeat, TreeHouse Foods currently has an average rating of “Hold” and a consensus price target of $40.00.

TreeHouse Foods Stock Up 0.2 %

TreeHouse Foods stock opened at $41.95 on Friday. The business’s 50-day simple moving average is $39.98 and its two-hundred day simple moving average is $37.76. The company has a debt-to-equity ratio of 0.90, a quick ratio of 0.52 and a current ratio of 1.44. The company has a market cap of $2.21 billion, a PE ratio of 91.20 and a beta of 0.22. TreeHouse Foods, Inc. has a fifty-two week low of $33.28 and a fifty-two week high of $46.44.

TreeHouse Foods (NYSE:THS) last announced its quarterly earnings data on Monday, August 5th. The company reported $0.29 EPS for the quarter, beating the consensus estimate of $0.13 by $0.16. The business had revenue of $788.50 million during the quarter, compared to analysts’ expectations of $784.10 million. TreeHouse Foods had a negative net margin of 0.41% and a positive return on equity of 5.42%. The business’s quarterly revenue was down 1.9% compared to the same quarter last year. During the same period in the previous year, the business posted $0.42 EPS. Equities analysts anticipate that TreeHouse Foods, Inc. will post 2.34 EPS for the current year.

Insiders Place Their Bets

In other news, EVP Kristy N. Waterman sold 3,000 shares of TreeHouse Foods stock in a transaction that occurred 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 completion of the transaction, the executive vice president now directly owns 20,784 shares of the company’s stock, valued at approximately $879,994.56. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Insiders own 0.90% of the company’s stock.

TreeHouse Foods 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.