TreeHouse Foods, Inc. (NYSE:THS) Shares Sold by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP decreased its position in TreeHouse Foods, Inc. (NYSE:THS) by 4.7% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,244,587 shares of the company’s stock after selling 160,114 shares during the quarter. Dimensional Fund Advisors LP owned 6.17% of TreeHouse Foods worth $118,881,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. UBS Group AG grew its stake 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 buying an additional 500,215 shares in the last quarter. Capital Research Global Investors lifted its position in shares of TreeHouse Foods by 52.6% during the first quarter. Capital Research Global Investors now owns 950,372 shares of the company’s stock worth $37,017,000 after purchasing an additional 327,448 shares in the last quarter. Norges Bank purchased a new position in shares of TreeHouse Foods in the fourth quarter valued at approximately $13,547,000. New South Capital Management Inc. grew its holdings in shares of TreeHouse Foods by 29.0% in the first quarter. New South Capital Management Inc. now owns 1,120,149 shares of the company’s stock valued at $43,630,000 after purchasing an additional 251,886 shares in the last quarter. Finally, Harbor Capital Advisors Inc. increased its stake in TreeHouse Foods by 382.7% during the 2nd quarter. Harbor Capital Advisors Inc. now owns 181,300 shares of the company’s stock worth $6,643,000 after buying an additional 143,739 shares during the period. Hedge funds and other institutional investors own 99.81% of the company’s stock.

Insider Transactions at TreeHouse Foods

In related news, EVP Kristy N. Waterman sold 3,000 shares of the company’s stock in a transaction dated Monday, August 26th. The stock was sold at an average price of $42.34, for a total value of $127,020.00. Following the completion of the sale, the executive vice president now directly owns 20,784 shares of the company’s stock, valued at approximately $879,994.56. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Insiders own 0.90% of the company’s stock.

TreeHouse Foods Price Performance

Shares of NYSE THS opened at $41.94 on Monday. The stock’s 50-day simple moving average is $39.98 and its 200-day simple moving average is $37.78. The firm has a market capitalization of $2.21 billion, a PE ratio of 91.18 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. The company has a debt-to-equity ratio of 0.90, a quick ratio of 0.52 and a current ratio of 1.44.

TreeHouse Foods (NYSE:THS) last issued its earnings results on Monday, August 5th. The company reported $0.29 earnings per share (EPS) for the quarter, beating the consensus estimate 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 analysts’ expectations of $784.10 million. During the same quarter in the prior year, the business posted $0.42 EPS. The company’s revenue for the quarter was down 1.9% on a year-over-year basis. As a group, equities research analysts forecast that TreeHouse Foods, Inc. will post 2.34 EPS for the current fiscal year.

Analyst Ratings Changes

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

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.