Treehouse Foods, Inc. (THS) Position Increased by Public Employees Retirement System of Ohio

Public Employees Retirement System of Ohio raised its stake in shares of Treehouse Foods, Inc. (NYSE:THS) by 0.4% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 26,846 shares of the company’s stock after buying an additional 104 shares during the period. Public Employees Retirement System of Ohio’s holdings in Treehouse Foods were worth $2,273,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of THS. BlackRock Inc. increased its stake in shares of Treehouse Foods by 9,591.4% in the first quarter. BlackRock Inc. now owns 4,652,270 shares of the company’s stock valued at $393,860,000 after buying an additional 4,604,266 shares during the period. Vanguard Group Inc. increased its stake in shares of Treehouse Foods by 4.6% in the first quarter. Vanguard Group Inc. now owns 4,518,410 shares of the company’s stock valued at $382,529,000 after buying an additional 197,735 shares during the period. Wells Fargo & Company MN increased its stake in shares of Treehouse Foods by 1.6% in the first quarter. Wells Fargo & Company MN now owns 4,033,125 shares of the company’s stock valued at $341,445,000 after buying an additional 62,546 shares during the period. FMR LLC increased its stake in shares of Treehouse Foods by 6.0% in the first quarter. FMR LLC now owns 3,779,273 shares of the company’s stock valued at $319,953,000 after buying an additional 214,574 shares during the period. Finally, Champlain Investment Partners LLC increased its stake in shares of Treehouse Foods by 3.2% in the first quarter. Champlain Investment Partners LLC now owns 2,618,650 shares of the company’s stock valued at $221,695,000 after buying an additional 81,810 shares during the period.

Shares of Treehouse Foods, Inc. (THS) opened at 83.17 on Friday. The firm has a 50-day moving average price of $80.51 and a 200-day moving average price of $81.02. The company’s market cap is $4.74 billion. Treehouse Foods, Inc. has a 1-year low of $62.64 and a 1-year high of $104.18.

Treehouse Foods (NYSE:THS) last announced its earnings results on Thursday, May 4th. The company reported $0.61 EPS for the quarter, missing analysts’ consensus estimates of $0.65 by $0.04. Treehouse Foods had a negative net margin of 3.12% and a positive return on equity of 6.50%. The firm had revenue of $1.54 billion for the quarter, compared to analyst estimates of $1.54 billion. During the same period in the previous year, the company earned $0.48 EPS. Treehouse Foods’s revenue was up 20.9% compared to the same quarter last year. On average, equities analysts expect that Treehouse Foods, Inc. will post $3.51 EPS for the current year.

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THS has been the topic of several recent analyst reports. Stifel Nicolaus reissued a “buy” rating and set a $93.00 target price on shares of Treehouse Foods in a research note on Wednesday, April 26th. Wells Fargo & Company downgraded Treehouse Foods from an “outperform” rating to a “market perform” rating in a research note on Friday, May 5th. Zacks Investment Research raised Treehouse Foods from a “hold” rating to a “buy” rating and set a $99.00 target price on the stock in a research note on Wednesday, April 12th. BMO Capital Markets reissued a “buy” rating and set a $90.00 target price on shares of Treehouse Foods in a research note on Tuesday, June 13th. Finally, BidaskClub raised Treehouse Foods from a “hold” rating to a “buy” rating in a research note on Wednesday, June 21st. One research analyst has rated the stock with a sell rating, five have issued a hold rating and six have given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average target price of $93.57.

In other Treehouse Foods news, SVP Erik Thomas Kahler sold 5,700 shares of the stock in a transaction that occurred on Thursday, June 15th. The stock was sold at an average price of $79.34, for a total transaction of $452,238.00. Following the completion of the transaction, the senior vice president now owns 28,857 shares of the company’s stock, valued at $2,289,514.38. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CAO Thomas Emmet Oneill III sold 14,430 shares of the stock in a transaction that occurred on Monday, May 15th. The shares were sold at an average price of $76.50, for a total value of $1,103,895.00. Following the transaction, the chief accounting officer now directly owns 130,708 shares of the company’s stock, valued at approximately $9,999,162. The disclosure for this sale can be found here. Insiders have sold 43,330 shares of company stock valued at $3,476,543 in the last three months. Insiders own 3.50% of the company’s stock.

Treehouse Foods Company Profile

TreeHouse Foods, Inc is a consumer packaged food and beverage manufacturer. The Company’s segments include North American Retail Grocery, Food Away From Home, and Industrial and Export. The Company manufactures a range of shelf stable, refrigerated, fresh and frozen products. Its product categories include beverages, salad dressings, snack nuts, beverage enhancers, pickles, sauces, cereals, pasta and dry dinners, cookies and crackers, retail bakery, aseptic products, jams and other products.

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Institutional Ownership by Quarter for Treehouse Foods (NYSE:THS)

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