Yousif Capital Management LLC Sells 559 Shares of TreeHouse Foods, Inc. (NYSE:THS)

Yousif Capital Management LLC lessened its stake in shares of TreeHouse Foods, Inc. (NYSE:THS) by 3.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 17,525 shares of the company’s stock after selling 559 shares during the quarter. Yousif Capital Management LLC’s holdings in TreeHouse Foods were worth $616,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of THS. Creative Planning lifted its holdings in shares of TreeHouse Foods by 101.4% during the 3rd quarter. Creative Planning now owns 19,393 shares of the company’s stock valued at $814,000 after purchasing an additional 9,764 shares during the last quarter. Signaturefd LLC lifted its holdings in shares of TreeHouse Foods by 42.1% during the 3rd quarter. Signaturefd LLC now owns 999 shares of the company’s stock valued at $42,000 after purchasing an additional 296 shares during the last quarter. International Assets Investment Management LLC lifted its holdings in shares of TreeHouse Foods by 4,097.7% during the 3rd quarter. International Assets Investment Management LLC now owns 5,457 shares of the company’s stock valued at $229,000 after purchasing an additional 5,327 shares during the last quarter. Pullen Investment Management LLC lifted its holdings in shares of TreeHouse Foods by 14.9% during the 3rd quarter. Pullen Investment Management LLC now owns 24,342 shares of the company’s stock valued at $1,022,000 after purchasing an additional 3,156 shares during the last quarter. Finally, US Bancorp DE lifted its holdings in shares of TreeHouse Foods by 4,581.2% during the 3rd quarter. US Bancorp DE now owns 12,218 shares of the company’s stock valued at $513,000 after purchasing an additional 11,957 shares during the last quarter. Institutional investors own 99.81% of the company’s stock.

TreeHouse Foods Stock Performance

NYSE THS opened at $33.22 on Monday. The stock has a 50-day simple moving average of $34.28 and a two-hundred day simple moving average of $37.18. The firm has a market capitalization of $1.70 billion, a P/E ratio of -70.67 and a beta of 0.22. TreeHouse Foods, Inc. has a fifty-two week low of $28.04 and a fifty-two week high of $43.84. The company has a debt-to-equity ratio of 0.90, a quick ratio of 0.53 and a current ratio of 1.40.

TreeHouse Foods (NYSE:THS) last posted its earnings results on Friday, February 14th. The company reported $0.95 EPS for the quarter, missing analysts’ consensus estimates of $0.97 by ($0.02). TreeHouse Foods had a negative net margin of 0.72% and a positive return on equity of 5.94%. The business had revenue of $905.70 million for the quarter, compared to analyst estimates of $907.71 million. During the same quarter last year, the business earned $0.77 earnings per share. TreeHouse Foods’s revenue was down .5% on a year-over-year basis. On average, equities analysts forecast that TreeHouse Foods, Inc. will post 1.96 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on the company. Consumer Edge lowered TreeHouse Foods from an “overweight” rating to an “equal weight” rating in a report on Friday, November 15th. Barclays increased their price objective on TreeHouse Foods from $32.00 to $35.00 and gave the company an “equal weight” rating in a report on Friday, January 17th. Stifel Nicolaus raised their target price on TreeHouse Foods from $32.00 to $35.00 and gave the stock a “hold” rating in a research note on Friday, January 24th. Truist Financial reduced their target price on TreeHouse Foods from $35.00 to $30.00 and set a “hold” rating for the company in a research note on Wednesday, November 13th. Finally, StockNews.com lowered TreeHouse Foods from a “hold” rating to a “sell” rating in a research note on Monday, February 10th. One research analyst has rated the stock with a sell rating and six have assigned a hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price 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.