Sei Investments Co. Has $4.73 Million Stock Position in TreeHouse Foods, Inc. (NYSE:THS)

Sei Investments Co. lessened its position in shares of TreeHouse Foods, Inc. (NYSE:THS) by 3.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 134,647 shares of the company’s stock after selling 4,109 shares during the period. Sei Investments Co. owned about 0.26% of TreeHouse Foods worth $4,730,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of THS. Jane Street Group LLC raised its position in TreeHouse Foods by 37.7% in the 3rd quarter. Jane Street Group LLC now owns 124,173 shares of the company’s stock valued at $5,213,000 after buying an additional 33,978 shares during the last quarter. Raymond James Financial Inc. bought a new position in shares of TreeHouse Foods during the 4th quarter worth approximately $10,362,000. JPMorgan Chase & Co. raised its holdings in shares of TreeHouse Foods by 187.6% in the third quarter. JPMorgan Chase & Co. now owns 316,428 shares of the company’s stock valued at $13,284,000 after purchasing an additional 206,411 shares during the last quarter. Entropy Technologies LP acquired a new stake in TreeHouse Foods in the 4th quarter valued at $333,000. Finally, HighTower Advisors LLC raised its holdings in TreeHouse Foods by 90.8% during the third quarter. HighTower Advisors LLC now owns 11,374 shares of the company’s stock worth $488,000 after acquiring an additional 5,413 shares in the last quarter. 99.81% of the stock is currently owned by institutional investors.

TreeHouse Foods Stock Down 2.6 %

TreeHouse Foods stock opened at $26.28 on Thursday. TreeHouse Foods, Inc. has a twelve month low of $25.69 and a twelve month high of $43.84. The stock has a market cap of $1.32 billion, a P/E ratio of 48.67 and a beta of 0.15. The company’s 50-day moving average price is $30.85 and its two-hundred day moving average price is $34.67. 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 released its quarterly earnings results on Friday, February 14th. The company reported $0.95 earnings per share for the quarter, missing the consensus estimate 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 return on equity of 6.42% and a net margin of 0.80%. The business’s revenue for the quarter was down .5% on a year-over-year basis. During the same period in the previous year, the business posted $0.77 earnings per share. As a group, analysts expect that TreeHouse Foods, Inc. will post 1.94 EPS for the current year.

Analyst Ratings Changes

A number of research analysts have weighed in on the company. Barclays raised their price target on TreeHouse Foods from $35.00 to $36.00 and gave the company an “equal weight” rating in a research note on Tuesday, February 18th. Stifel Nicolaus raised their target price on shares of TreeHouse Foods from $32.00 to $35.00 and gave the company a “hold” rating in a research note on Friday, January 24th. Jefferies Financial Group lowered their price objective 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. Finally, StockNews.com upgraded TreeHouse Foods from a “sell” rating to a “hold” rating in a research note on Tuesday, February 18th. Eight equities research analysts have rated the stock with a hold rating, According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $34.83.

TreeHouse Foods Company 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.