Charles Schwab Investment Management Inc. Grows Stock Holdings in TreeHouse Foods, Inc. (NYSE:THS)

Charles Schwab Investment Management Inc. grew its holdings in shares of TreeHouse Foods, Inc. (NYSE:THS) by 3.8% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 901,064 shares of the company’s stock after purchasing an additional 32,613 shares during the quarter. Charles Schwab Investment Management Inc. owned approximately 1.76% of TreeHouse Foods worth $31,654,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Oppenheimer Asset Management Inc. acquired a new position in shares of TreeHouse Foods in the 3rd quarter valued at $218,000. KBC Group NV increased its holdings in shares of TreeHouse Foods by 40.9% during the 3rd quarter. KBC Group NV now owns 1,943 shares of the company’s stock worth $82,000 after buying an additional 564 shares during the last quarter. Natixis Advisors LLC raised its position in shares of TreeHouse Foods by 3.9% in the 3rd quarter. Natixis Advisors LLC now owns 86,010 shares of the company’s stock worth $3,611,000 after buying an additional 3,262 shares during the period. Quest Partners LLC boosted its holdings in TreeHouse Foods by 198.1% in the third quarter. Quest Partners LLC now owns 10,098 shares of the company’s stock valued at $424,000 after acquiring an additional 6,711 shares during the last quarter. Finally, Intech Investment Management LLC purchased a new stake in TreeHouse Foods during the third quarter valued at about $522,000. Institutional investors and hedge funds own 99.81% of the company’s stock.

Analyst Ratings Changes

A number of analysts recently issued reports on THS shares. Jefferies Financial Group dropped their target price on shares of TreeHouse Foods from $37.00 to $31.00 and set a “hold” rating for the company in a research report on Tuesday, February 18th. StockNews.com raised shares of TreeHouse Foods from a “sell” rating to a “hold” rating in a research report on Tuesday, February 18th. Barclays lifted their target price on shares of TreeHouse Foods from $35.00 to $36.00 and gave the company an “equal weight” rating in a report on Tuesday, February 18th. Finally, Stifel Nicolaus increased their price target on TreeHouse Foods from $32.00 to $35.00 and gave the company a “hold” rating in a report on Friday, January 24th. Eight equities research analysts have rated the stock with a hold rating, According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $34.83.

TreeHouse Foods Stock Up 0.8 %

NYSE:THS opened at $28.06 on Monday. The company has a current ratio of 1.36, a quick ratio of 0.63 and a debt-to-equity ratio of 0.90. The stock has a 50 day moving average of $32.78 and a 200-day moving average of $35.96. The firm has a market capitalization of $1.41 billion, a PE ratio of 51.97 and a beta of 0.15. TreeHouse Foods, Inc. has a 52 week low of $27.65 and a 52 week high of $43.84.

TreeHouse Foods (NYSE:THS) last posted its earnings results on Friday, February 14th. The company reported $0.95 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.97 by ($0.02). The firm had revenue of $905.70 million for the quarter, compared to analyst estimates of $907.71 million. TreeHouse Foods had a net margin of 0.80% and a return on equity of 6.42%. The company’s revenue for the quarter was down .5% on a year-over-year basis. During the same period in the previous year, the firm earned $0.77 earnings per share. Analysts predict that TreeHouse Foods, Inc. will post 1.94 EPS for the current year.

About TreeHouse Foods

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.