Blair William & Co. IL Decreases Holdings in TreeHouse Foods, Inc. (NYSE:THS)

Blair William & Co. IL lowered its stake in shares of TreeHouse Foods, Inc. (NYSE:THS) by 43.8% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 225,915 shares of the company’s stock after selling 176,278 shares during the period. Blair William & Co. IL’s holdings in TreeHouse Foods were worth $8,278,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently modified their holdings of THS. New South Capital Management Inc. lifted its position in shares of TreeHouse Foods by 22.4% in the second quarter. New South Capital Management Inc. now owns 1,370,548 shares of the company’s stock valued at $50,217,000 after acquiring an additional 250,399 shares in the last quarter. Capital Research Global Investors lifted its holdings in TreeHouse Foods by 52.6% in the 1st quarter. Capital Research Global Investors now owns 950,372 shares of the company’s stock valued at $37,017,000 after purchasing an additional 327,448 shares in the last quarter. William Blair Investment Management LLC boosted its stake in TreeHouse Foods by 16.5% during the 1st quarter. William Blair Investment Management LLC now owns 913,087 shares of the company’s stock worth $35,565,000 after purchasing an additional 129,323 shares during the last quarter. Leeward Investments LLC MA grew its holdings in shares of TreeHouse Foods by 1.2% during the second quarter. Leeward Investments LLC MA now owns 685,667 shares of the company’s stock worth $25,123,000 after buying an additional 7,879 shares in the last quarter. Finally, Goldman Sachs Group Inc. raised its position in shares of TreeHouse Foods by 3.7% in the fourth quarter. Goldman Sachs Group Inc. now owns 649,088 shares of the company’s stock valued at $26,905,000 after buying an additional 23,212 shares during the last quarter. Institutional investors and hedge funds own 99.81% of the company’s stock.

Insider Activity at TreeHouse Foods

In related news, EVP Kristy N. Waterman sold 3,000 shares of TreeHouse Foods stock in a transaction on Monday, August 26th. The shares were sold at an average price of $42.34, for a total transaction of $127,020.00. Following the sale, the executive vice president now directly owns 20,784 shares in the company, valued at approximately $879,994.56. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 0.90% of the stock is currently owned by corporate insiders.

TreeHouse Foods Price Performance

TreeHouse Foods stock opened at $41.95 on Friday. The company’s 50 day moving average is $39.98 and its two-hundred day moving average is $37.76. The firm has a market cap of $2.21 billion, a PE ratio of 91.20 and a beta of 0.22. The company has a quick ratio of 0.52, a current ratio of 1.44 and a debt-to-equity ratio of 0.90. TreeHouse Foods, Inc. has a 52-week low of $33.28 and a 52-week high of $46.44.

TreeHouse Foods (NYSE:THS) last released its quarterly earnings data on Monday, August 5th. The company reported $0.29 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.13 by $0.16. The business had revenue of $788.50 million during the quarter, compared to analysts’ expectations of $784.10 million. TreeHouse Foods had a negative net margin of 0.41% and a positive return on equity of 5.42%. The company’s revenue for the quarter was down 1.9% on a year-over-year basis. During the same period in the previous year, the company earned $0.42 EPS. On average, research analysts expect that TreeHouse Foods, Inc. will post 2.34 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on the company. Mizuho lifted their price objective on TreeHouse Foods from $37.00 to $40.00 and gave the stock a “neutral” rating in a research report on Monday, August 26th. Stifel Nicolaus lifted their price target on shares of TreeHouse Foods from $36.00 to $41.00 and gave the company a “hold” rating in a research report on Tuesday, August 6th. Barclays increased their price objective on TreeHouse Foods from $36.00 to $39.00 and gave the stock an “equal weight” rating in a research report on Tuesday, August 6th. Finally, StockNews.com upgraded TreeHouse Foods from a “sell” rating to a “hold” rating in a research report on Tuesday, August 6th. Seven research analysts have rated the stock with a hold rating, According to MarketBeat, the company presently has an average rating of “Hold” and an average price target of $40.00.

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.