Shapiro Capital Management LLC Has $58.16 Million Holdings in TreeHouse Foods, Inc. (NYSE:THS)

Shapiro Capital Management LLC lifted its position in shares of TreeHouse Foods, Inc. (NYSE:THS) by 22.0% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,587,415 shares of the company’s stock after acquiring an additional 286,770 shares during the quarter. TreeHouse Foods makes up approximately 1.8% of Shapiro Capital Management LLC’s portfolio, making the stock its 26th biggest position. Shapiro Capital Management LLC owned 3.02% of TreeHouse Foods worth $58,163,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Norges Bank bought a new stake in shares of TreeHouse Foods during the fourth quarter worth about $13,547,000. UBS Group AG increased its position in TreeHouse Foods by 701.4% in the 4th quarter. UBS Group AG now owns 571,535 shares of the company’s stock valued at $23,690,000 after acquiring an additional 500,215 shares during the period. TFO Wealth Partners LLC increased its position in TreeHouse Foods by 78,600.0% in the 4th quarter. TFO Wealth Partners LLC now owns 2,361 shares of the company’s stock valued at $98,000 after acquiring an additional 2,358 shares during the period. Axiom Investors LLC DE raised its stake in shares of TreeHouse Foods by 20.2% during the fourth quarter. Axiom Investors LLC DE now owns 108,555 shares of the company’s stock valued at $4,500,000 after acquiring an additional 18,220 shares during the last quarter. Finally, Armistice Capital LLC grew its stake in shares of TreeHouse Foods by 15.2% in the fourth quarter. Armistice Capital LLC now owns 507,000 shares of the company’s stock worth $21,015,000 after purchasing an additional 67,048 shares during the last quarter. Institutional investors own 99.81% of the company’s stock.

Insider Buying and Selling at TreeHouse Foods

In other news, EVP Kristy N. Waterman sold 3,000 shares of the company’s stock in a transaction that occurred on Monday, August 26th. The stock was sold at an average price of $42.34, for a total transaction of $127,020.00. Following the transaction, the executive vice president now directly owns 20,784 shares of the company’s stock, valued at $879,994.56. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 0.90% of the company’s stock.

Analyst Ratings Changes

THS has been the subject of several analyst reports. Stifel Nicolaus raised their target price on TreeHouse Foods from $36.00 to $41.00 and gave the stock a “hold” rating in a research report on Tuesday, August 6th. StockNews.com upgraded TreeHouse Foods from a “sell” rating to a “hold” rating in a report on Tuesday, August 6th. Mizuho raised their price target on shares of TreeHouse Foods from $37.00 to $40.00 and gave the stock a “neutral” rating in a report on Monday, August 26th. Finally, Barclays increased their price objective on shares of TreeHouse Foods from $36.00 to $39.00 and gave the stock an “equal weight” rating in a research report on Tuesday, August 6th. Seven investment analysts have rated the stock with a hold rating, According to MarketBeat, the company has a consensus rating of “Hold” and an average target price of $40.00.

TreeHouse Foods Stock Down 0.9 %

TreeHouse Foods stock opened at $41.57 on Tuesday. The company has a market capitalization of $2.19 billion, a PE ratio of 90.37 and a beta of 0.22. TreeHouse Foods, Inc. has a 12-month low of $33.28 and a 12-month high of $45.19. The firm’s fifty day moving average is $40.05 and its 200 day moving average is $37.82. 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 (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 analysts’ consensus estimates of $0.13 by $0.16. TreeHouse Foods had a negative net margin of 0.41% and a positive return on equity of 5.42%. The company had revenue of $788.50 million for the quarter, compared to analysts’ expectations of $784.10 million. During the same quarter in the prior year, the firm earned $0.42 EPS. The business’s revenue was down 1.9% on a year-over-year basis. As a group, sell-side analysts predict that TreeHouse Foods, Inc. will post 2.34 EPS for the current fiscal year.

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.