Victory Capital Management Inc. Has $337,000 Position in TreeHouse Foods, Inc. (NYSE:THS)

Victory Capital Management Inc. reduced its position in shares of TreeHouse Foods, Inc. (NYSE:THS) by 45.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 9,598 shares of the company’s stock after selling 7,958 shares during the quarter. Victory Capital Management Inc.’s holdings in TreeHouse Foods were worth $337,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Blue Trust Inc. raised its stake in TreeHouse Foods by 456.7% during the 4th quarter. Blue Trust Inc. now owns 1,119 shares of the company’s stock valued at $39,000 after purchasing an additional 918 shares during the period. KBC Group NV increased its stake in shares of TreeHouse Foods by 40.9% in the third quarter. KBC Group NV now owns 1,943 shares of the company’s stock worth $82,000 after acquiring an additional 564 shares during the last quarter. Legacy Wealth Asset Management LLC acquired a new position in shares of TreeHouse Foods in the fourth quarter worth $216,000. Entropy Technologies LP acquired a new position in shares of TreeHouse Foods in the fourth quarter worth $333,000. Finally, Quest Partners LLC increased its stake in shares of TreeHouse Foods by 198.1% in the third quarter. Quest Partners LLC now owns 10,098 shares of the company’s stock worth $424,000 after acquiring an additional 6,711 shares during the last quarter. 99.81% of the stock is owned by institutional investors and hedge funds.

TreeHouse Foods Trading Down 0.4 %

Shares of NYSE:THS opened at $26.27 on Friday. The stock has a market capitalization of $1.32 billion, a PE ratio of 48.65 and a beta of 0.15. TreeHouse Foods, Inc. has a 1 year low of $26.14 and a 1 year high of $43.84. The firm has a fifty day moving average price of $32.07 and a 200 day moving average price of $35.51. The company has a current ratio of 1.36, a quick ratio of 0.63 and a debt-to-equity ratio of 0.90.

TreeHouse Foods (NYSE:THS) last issued its quarterly earnings data 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). TreeHouse Foods had a return on equity of 6.42% and a net margin of 0.80%. The business had revenue of $905.70 million during the quarter, compared to the consensus estimate of $907.71 million. During the same quarter in the prior year, the company posted $0.77 earnings per share. The company’s revenue for the quarter was down .5% on a year-over-year basis. Analysts expect that TreeHouse Foods, Inc. will post 1.94 EPS for the current fiscal year.

Wall Street Analyst Weigh In

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

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.