TreeHouse Foods, Inc. (NYSE:THS) Shares Purchased by Amundi

Amundi lifted its holdings in TreeHouse Foods, Inc. (NYSE:THS) by 132.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 25,878 shares of the company’s stock after acquiring an additional 14,750 shares during the quarter. Amundi owned 0.05% of TreeHouse Foods worth $894,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. FMR LLC increased its stake in shares of TreeHouse Foods by 28.1% in the third quarter. FMR LLC now owns 2,740,048 shares of the company’s stock worth $115,027,000 after acquiring an additional 600,723 shares during the period. Rubric Capital Management LP purchased a new stake in TreeHouse Foods during the third quarter worth $48,011,000. Charles Schwab Investment Management Inc. boosted its holdings in TreeHouse Foods by 3.8% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 901,064 shares of the company’s stock worth $31,654,000 after buying an additional 32,613 shares in the last quarter. Barclays PLC boosted its holdings in TreeHouse Foods by 7.0% during the third quarter. Barclays PLC now owns 337,657 shares of the company’s stock worth $14,175,000 after buying an additional 21,951 shares in the last quarter. Finally, JPMorgan Chase & Co. boosted its holdings in TreeHouse Foods by 187.6% during the third quarter. JPMorgan Chase & Co. now owns 316,428 shares of the company’s stock worth $13,284,000 after buying an additional 206,411 shares in the last quarter. Institutional investors and hedge funds own 99.81% of the company’s stock.

Analyst Ratings Changes

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

TreeHouse Foods Stock Down 3.8 %

Shares of NYSE THS opened at $26.89 on Thursday. The company’s 50-day simple moving average is $32.37 and its 200-day simple moving average is $35.72. TreeHouse Foods, Inc. has a 52-week low of $26.83 and a 52-week high of $43.84. The firm has a market cap of $1.35 billion, a price-to-earnings ratio of 49.79 and a beta of 0.15. The company has a quick ratio of 0.63, a current ratio of 1.36 and a debt-to-equity ratio of 0.90.

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