TreeHouse Foods, Inc. (NYSE:THS) Stock Position Raised by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. lifted its stake in shares of TreeHouse Foods, Inc. (NYSE:THS) by 3.8% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 901,064 shares of the company’s stock after purchasing an additional 32,613 shares during the period. Charles Schwab Investment Management Inc.’s holdings in TreeHouse Foods were worth $31,654,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of THS. BNP Paribas Financial Markets increased its stake in TreeHouse Foods by 4.7% in the 3rd quarter. BNP Paribas Financial Markets now owns 10,657 shares of the company’s stock worth $447,000 after purchasing an additional 481 shares in the last quarter. KBC Group NV boosted its holdings 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 buying an additional 564 shares during the period. Blue Trust Inc. raised its holdings in shares of TreeHouse Foods by 456.7% during the fourth quarter. Blue Trust Inc. now owns 1,119 shares of the company’s stock valued at $39,000 after acquiring an additional 918 shares during the period. Exchange Traded Concepts LLC lifted its position in shares of TreeHouse Foods by 4.3% in the 4th quarter. Exchange Traded Concepts LLC now owns 42,261 shares of the company’s stock valued at $1,485,000 after acquiring an additional 1,734 shares in the last quarter. Finally, Principal Financial Group Inc. lifted its position in shares of TreeHouse Foods by 1.5% in the 4th quarter. Principal Financial Group Inc. now owns 223,522 shares of the company’s stock valued at $7,852,000 after acquiring an additional 3,238 shares in the last quarter. 99.81% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several brokerages have recently commented on THS. StockNews.com upgraded TreeHouse Foods from a “sell” rating to a “hold” rating in a report on Tuesday, February 18th. Jefferies Financial Group lowered their target price on TreeHouse Foods from $37.00 to $31.00 and set a “hold” rating on the stock in a research note on Tuesday, February 18th. Stifel Nicolaus increased their price target on shares of TreeHouse Foods from $32.00 to $35.00 and gave the stock a “hold” rating in a research report on Friday, January 24th. Finally, Barclays boosted their price objective on shares of TreeHouse Foods from $35.00 to $36.00 and gave the company an “equal weight” rating in a research report on Tuesday, February 18th. Eight equities research analysts have rated the stock with a hold rating, According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $34.83.

TreeHouse Foods Trading Up 0.8 %

Shares of THS opened at $28.06 on Monday. The stock’s 50-day moving average price is $32.78 and its 200 day moving average price is $35.96. 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, Inc. has a 12-month low of $27.65 and a 12-month high of $43.84. The firm has a market capitalization of $1.41 billion, a price-to-earnings ratio of 51.97 and a beta of 0.15.

TreeHouse Foods (NYSE:THS) last released its quarterly earnings data 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). TreeHouse Foods had a net margin of 0.80% and a return on equity of 6.42%. The company 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. As a group, research analysts predict that TreeHouse Foods, Inc. will post 1.94 earnings per share for the current 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.