Nisa Investment Advisors LLC Has $86,000 Holdings in TreeHouse Foods, Inc. (NYSE:THS)

Nisa Investment Advisors LLC trimmed its stake in shares of TreeHouse Foods, Inc. (NYSE:THS) by 18.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,445 shares of the company’s stock after selling 538 shares during the period. Nisa Investment Advisors LLC’s holdings in TreeHouse Foods were worth $86,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Rubric Capital Management LP bought a new position in TreeHouse Foods during the 3rd quarter worth about $48,011,000. FMR LLC raised its position in TreeHouse Foods by 28.1% in the 3rd quarter. FMR LLC now owns 2,740,048 shares of the company’s stock valued at $115,027,000 after buying an additional 600,723 shares during the last quarter. JPMorgan Chase & Co. raised its position in TreeHouse Foods by 187.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 316,428 shares of the company’s stock valued at $13,284,000 after buying an additional 206,411 shares during the last quarter. Chartwell Investment Partners LLC bought a new stake in TreeHouse Foods in the 3rd quarter valued at approximately $8,042,000. Finally, Harbor Capital Advisors Inc. boosted its position in TreeHouse Foods by 68.2% during the 3rd quarter. Harbor Capital Advisors Inc. now owns 304,969 shares of the company’s stock worth $12,803,000 after acquiring an additional 123,669 shares during the last quarter. 99.81% of the stock is owned by institutional investors.

TreeHouse Foods Stock Performance

Shares of NYSE THS opened at $35.12 on Friday. The company has a current ratio of 1.40, a quick ratio of 0.53 and a debt-to-equity ratio of 0.90. The company has a market capitalization of $1.80 billion, a P/E ratio of -74.72 and a beta of 0.22. TreeHouse Foods, Inc. has a 12 month low of $28.04 and a 12 month high of $43.84. The stock has a 50 day moving average of $34.42 and a 200-day moving average of $37.57.

TreeHouse Foods (NYSE:THS) last released its quarterly earnings data on Tuesday, November 12th. The company reported $0.74 EPS for the quarter, missing analysts’ consensus estimates of $0.75 by ($0.01). The company had revenue of $854.40 million for the quarter, compared to the consensus estimate of $881.15 million. TreeHouse Foods had a positive return on equity of 5.94% and a negative net margin of 0.72%. The company’s revenue for the quarter was down 1.0% compared to the same quarter last year. During the same period last year, the firm earned $0.57 earnings per share. As a group, equities research analysts predict that TreeHouse Foods, Inc. will post 1.96 EPS for the current year.

Analyst Ratings Changes

A number of analysts have recently commented on the stock. Truist Financial cut their price objective on shares of TreeHouse Foods from $35.00 to $30.00 and set a “hold” rating on the stock in a research report on Wednesday, November 13th. Barclays boosted their price target on shares of TreeHouse Foods from $32.00 to $35.00 and gave the stock an “equal weight” rating in a research report on Friday, January 17th. Stifel Nicolaus lifted their target price on TreeHouse Foods from $32.00 to $35.00 and gave the company a “hold” rating in a research report on Friday, January 24th. StockNews.com raised TreeHouse Foods from a “sell” rating to a “hold” rating in a research report on Thursday, January 23rd. Finally, Consumer Edge lowered TreeHouse Foods from an “overweight” rating to an “equal weight” rating in a research report on Friday, November 15th. Seven investment analysts have rated the stock with a hold rating, According to data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $35.40.

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.