Thrivent Financial for Lutherans Has $1.25 Million Stake in TreeHouse Foods, Inc. (NYSE:THS)

Thrivent Financial for Lutherans lowered its position in TreeHouse Foods, Inc. (NYSE:THS) by 2.9% in the fourth quarter, HoldingsChannel.com reports. The fund owned 35,618 shares of the company’s stock after selling 1,063 shares during the quarter. Thrivent Financial for Lutherans’ holdings in TreeHouse Foods were worth $1,251,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently modified their holdings of THS. FMR LLC lifted its stake in TreeHouse Foods by 28.1% in the 3rd quarter. FMR LLC now owns 2,740,048 shares of the company’s stock valued at $115,027,000 after purchasing an additional 600,723 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. increased its holdings in shares of TreeHouse Foods by 187.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 316,428 shares of the company’s stock worth $13,284,000 after acquiring an additional 206,411 shares during the last quarter. Roberts Wealth Advisors LLC raised its stake in TreeHouse Foods by 297.4% in the 4th quarter. Roberts Wealth Advisors LLC now owns 85,256 shares of the company’s stock valued at $2,858,000 after acquiring an additional 63,804 shares during the period. Finally, Jane Street Group LLC lifted its holdings in TreeHouse Foods by 37.7% during the 3rd quarter. Jane Street Group LLC now owns 124,173 shares of the company’s stock valued at $5,213,000 after purchasing an additional 33,978 shares during the last quarter. Institutional investors own 99.81% of the company’s stock.

Analysts Set New Price Targets

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

TreeHouse Foods Stock Down 0.0 %

NYSE THS opened at $27.10 on Tuesday. The company has a current ratio of 1.36, a quick ratio of 0.63 and a debt-to-equity ratio of 0.90. The company has a market cap of $1.36 billion, a price-to-earnings ratio of 50.18 and a beta of 0.15. The company has a 50 day moving average of $31.16 and a 200-day moving average of $34.84. TreeHouse Foods, Inc. has a 1-year low of $25.69 and a 1-year high of $43.84.

TreeHouse Foods (NYSE:THS) last announced 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). The company had revenue of $905.70 million during the quarter, compared to analyst estimates of $907.71 million. TreeHouse Foods had a net margin of 0.80% and a return on equity of 6.42%. TreeHouse Foods’s revenue was down .5% on a year-over-year basis. During the same period in the prior year, the firm earned $0.77 earnings per share. On average, equities research analysts expect that TreeHouse Foods, Inc. will post 1.94 earnings per share for the current fiscal year.

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.