TreeHouse Foods, Inc. (NYSE:THS) Shares Sold by New York State Teachers Retirement System

New York State Teachers Retirement System decreased its holdings in shares of TreeHouse Foods, Inc. (NYSE:THS) by 2.0% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 66,915 shares of the company’s stock after selling 1,400 shares during the quarter. New York State Teachers Retirement System owned approximately 0.13% of TreeHouse Foods worth $2,809,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Shapiro Capital Management LLC grew its holdings in shares of TreeHouse Foods by 22.0% during the second quarter. Shapiro Capital Management LLC now owns 1,587,415 shares of the company’s stock worth $58,163,000 after purchasing an additional 286,770 shares during the last quarter. New South Capital Management Inc. grew its stake in TreeHouse Foods by 22.4% during the 2nd quarter. New South Capital Management Inc. now owns 1,370,548 shares of the company’s stock worth $50,217,000 after buying an additional 250,399 shares during the last quarter. Capital Research Global Investors grew its stake in TreeHouse Foods by 52.6% during the 1st quarter. Capital Research Global Investors now owns 950,372 shares of the company’s stock worth $37,017,000 after buying an additional 327,448 shares during the last quarter. William Blair Investment Management LLC increased its position in TreeHouse Foods by 16.5% during the first quarter. William Blair Investment Management LLC now owns 913,087 shares of the company’s stock worth $35,565,000 after buying an additional 129,323 shares during the period. Finally, Armistice Capital LLC lifted its stake in TreeHouse Foods by 12.2% in the second quarter. Armistice Capital LLC now owns 783,000 shares of the company’s stock valued at $28,689,000 after buying an additional 85,000 shares during the last quarter. 99.81% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other TreeHouse Foods news, EVP Kristy N. Waterman sold 3,000 shares of TreeHouse Foods stock in a transaction that occurred on Monday, August 26th. The stock was sold at an average price of $42.34, for a total value of $127,020.00. Following the sale, the executive vice president now owns 20,784 shares of the company’s stock, valued at approximately $879,994.56. The trade was a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.90% of the stock is currently owned by corporate insiders.

TreeHouse Foods Price Performance

Shares of NYSE THS opened at $37.95 on Friday. The stock has a fifty day moving average price of $40.41 and a 200 day moving average price of $38.32. TreeHouse Foods, Inc. has a 1-year low of $33.28 and a 1-year high of $43.84. The company has a debt-to-equity ratio of 0.90, a current ratio of 1.44 and a quick ratio of 0.52. The company has a market cap of $2.00 billion, a PE ratio of -140.56 and a beta of 0.23.

TreeHouse Foods (NYSE:THS) last released its earnings results on Monday, August 5th. The company reported $0.29 EPS for the quarter, topping the consensus estimate 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 during the quarter, compared to analysts’ expectations of $784.10 million. During the same quarter last year, the business earned $0.42 EPS. The business’s revenue was down 1.9% on a year-over-year basis. Sell-side analysts forecast that TreeHouse Foods, Inc. will post 2.34 EPS for the current year.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on THS shares. StockNews.com upgraded shares of TreeHouse Foods from a “sell” rating to a “hold” rating in a research report on Tuesday, August 6th. Stifel Nicolaus raised their price objective 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. Mizuho upped their target price on shares of TreeHouse Foods from $37.00 to $40.00 and gave the company a “neutral” rating in a report on Monday, August 26th. Finally, Barclays increased their target price on shares of TreeHouse Foods from $36.00 to $39.00 and gave the stock an “equal weight” rating in a research note on Tuesday, August 6th. Six research analysts have rated the stock with a hold rating, According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $38.40.

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.