Signaturefd LLC Purchases 296 Shares of TreeHouse Foods, Inc. (NYSE:THS)

Signaturefd LLC increased its position in shares of TreeHouse Foods, Inc. (NYSE:THS) by 42.1% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 999 shares of the company’s stock after buying an additional 296 shares during the period. Signaturefd LLC’s holdings in TreeHouse Foods were worth $42,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Canada Pension Plan Investment Board bought a new stake in TreeHouse Foods during the second quarter valued at about $37,000. Innealta Capital LLC acquired a new position in shares of TreeHouse Foods during the 2nd quarter worth about $44,000. Central Pacific Bank Trust Division bought a new stake in TreeHouse Foods during the 1st quarter valued at approximately $48,000. GAMMA Investing LLC grew its holdings in TreeHouse Foods by 304.7% in the 2nd quarter. GAMMA Investing LLC now owns 1,291 shares of the company’s stock valued at $47,000 after buying an additional 972 shares during the last quarter. Finally, Rothschild Investment LLC bought a new position in TreeHouse Foods in the 2nd quarter worth approximately $67,000. 99.81% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research firms have recently weighed in on THS. Mizuho increased their price objective on TreeHouse Foods from $37.00 to $40.00 and gave the company a “neutral” rating in a research report on Monday, August 26th. Barclays increased their price target on shares of TreeHouse Foods from $36.00 to $39.00 and gave the company an “equal weight” rating in a report on Tuesday, August 6th. StockNews.com upgraded shares of TreeHouse Foods from a “sell” rating to a “hold” rating in a report on Tuesday, August 6th. Finally, Stifel Nicolaus increased their target price 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. Six analysts have rated the stock with a hold rating, According to MarketBeat, TreeHouse Foods has a consensus rating of “Hold” and an average target price of $38.40.

Insiders Place Their Bets

In related news, EVP Kristy N. Waterman sold 3,000 shares of the stock in a transaction dated 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 sale, the executive vice president now owns 20,784 shares in the company, valued at $879,994.56. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Corporate insiders own 0.90% of the company’s stock.

TreeHouse Foods Trading Down 0.5 %

Shares of TreeHouse Foods stock opened at $36.63 on Thursday. TreeHouse Foods, Inc. has a 52-week low of $33.28 and a 52-week high of $43.84. The firm has a market capitalization of $1.93 billion, a PE ratio of -135.67 and a beta of 0.22. The company has a debt-to-equity ratio of 0.90, a current ratio of 1.44 and a quick ratio of 0.52. The company’s fifty day moving average price is $40.86 and its two-hundred day moving average price is $38.30.

TreeHouse Foods (NYSE:THS) last posted its earnings results on Monday, August 5th. The company reported $0.29 earnings per share for the quarter, beating analysts’ consensus estimates of $0.13 by $0.16. The business had revenue of $788.50 million for 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 firm’s revenue for the quarter was down 1.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.42 earnings per share. On average, analysts expect that TreeHouse Foods, Inc. will post 2.34 EPS for the current year.

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.