TreeHouse Foods, Inc. (NYSE:THS) Shares Sold by AlphaQuest LLC

AlphaQuest LLC lessened its position in shares of TreeHouse Foods, Inc. (NYSE:THS) by 76.1% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 2,417 shares of the company’s stock after selling 7,681 shares during the period. AlphaQuest LLC’s holdings in TreeHouse Foods were worth $85,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in THS. FMR LLC lifted its holdings in shares of TreeHouse Foods by 28.1% in the third 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 in the last quarter. Rubric Capital Management LP acquired a new stake in TreeHouse Foods during the 3rd quarter valued at $48,011,000. Charles Schwab Investment Management Inc. increased its position in TreeHouse Foods by 3.8% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 901,064 shares of the company’s stock worth $31,654,000 after buying an additional 32,613 shares in the last quarter. Barclays PLC raised its holdings in shares of TreeHouse Foods by 7.0% in the third quarter. Barclays PLC now owns 337,657 shares of the company’s stock worth $14,175,000 after acquiring an additional 21,951 shares during the last quarter. Finally, JPMorgan Chase & Co. lifted its position in shares of TreeHouse Foods by 187.6% in the third quarter. JPMorgan Chase & Co. now owns 316,428 shares of the company’s stock valued at $13,284,000 after acquiring an additional 206,411 shares in the last quarter. Institutional investors and hedge funds own 99.81% of the company’s stock.

Analyst Ratings Changes

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

TreeHouse Foods Price Performance

THS stock opened at $27.97 on Wednesday. The company has a market cap of $1.40 billion, a PE ratio of 51.79 and a beta of 0.15. 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 stock has a 50-day moving average price of $32.53 and a two-hundred day moving average price of $35.78. TreeHouse Foods, Inc. has a 12-month low of $27.63 and a 12-month high of $43.84.

TreeHouse Foods (NYSE:THS) last issued its earnings results on Friday, February 14th. The company reported $0.95 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.97 by ($0.02). TreeHouse Foods had a return on equity of 6.42% and a net margin of 0.80%. The firm had revenue of $905.70 million for the quarter, compared to analysts’ expectations of $907.71 million. During the same quarter in the previous year, the firm posted $0.77 EPS. The firm’s revenue for the quarter was down .5% compared to the same quarter last year. As a group, research analysts predict that TreeHouse Foods, Inc. will post 1.94 EPS for the current 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.