TreeHouse Foods, Inc. (NYSE:THS) Shares Acquired by Public Sector Pension Investment Board

Public Sector Pension Investment Board boosted its stake in TreeHouse Foods, Inc. (NYSE:THS) by 7.0% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 111,762 shares of the company’s stock after acquiring an additional 7,331 shares during the quarter. Public Sector Pension Investment Board’s holdings in TreeHouse Foods were worth $4,095,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the stock. Canada Pension Plan Investment Board bought a new position in shares of TreeHouse Foods in the second quarter valued at approximately $37,000. Innealta Capital LLC acquired a new stake in TreeHouse Foods in the second quarter worth approximately $44,000. Central Pacific Bank Trust Division bought a new position in TreeHouse Foods during the 1st quarter valued at $48,000. GAMMA Investing LLC increased its position in shares of TreeHouse Foods by 304.7% during the 2nd quarter. GAMMA Investing LLC now owns 1,291 shares of the company’s stock valued at $47,000 after purchasing an additional 972 shares during the period. Finally, Rothschild Investment LLC bought a new stake in shares of TreeHouse Foods in the 2nd quarter worth $67,000. Institutional investors and hedge funds own 99.81% of the company’s stock.

Insider Transactions at TreeHouse Foods

In related news, EVP Kristy N. Waterman sold 3,000 shares of the business’s stock in a transaction that occurred 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 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 accessible through the SEC website. 0.90% of the stock is owned by insiders.

TreeHouse Foods Trading Up 2.5 %

TreeHouse Foods stock opened at $41.64 on Friday. The company has a 50 day moving average price of $40.20 and a 200 day moving average price of $37.90. The firm has a market capitalization of $2.19 billion, a price-to-earnings ratio of 90.52 and a beta of 0.22. TreeHouse Foods, Inc. has a 52 week low of $33.28 and a 52 week high of $44.27. The company has a debt-to-equity ratio of 0.90, a quick ratio of 0.52 and a current ratio of 1.44.

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

Analyst Ratings Changes

THS has been the topic of a number of research analyst reports. Mizuho lifted their target price on TreeHouse Foods from $37.00 to $40.00 and gave the stock a “neutral” rating in a report on Monday, August 26th. Barclays boosted their target price on shares of TreeHouse Foods from $36.00 to $39.00 and gave the stock an “equal weight” rating in a report on Tuesday, August 6th. StockNews.com raised shares of TreeHouse Foods from a “sell” rating to a “hold” rating in a research note on Tuesday, August 6th. Finally, Stifel Nicolaus lifted their price target on shares of TreeHouse Foods from $36.00 to $41.00 and gave the stock a “hold” rating in a research report on Tuesday, August 6th. Seven investment analysts have rated the stock with a hold rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $40.00.

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.