Chiron Investment Management LLC purchased a new stake in shares of TreeHouse Foods Inc. (NYSE:THS) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 3,800 shares of the company’s stock, valued at approximately $193,000.
A number of other large investors also recently added to or reduced their stakes in the stock. Bank of New York Mellon Corp increased its holdings in TreeHouse Foods by 1.9% during the second quarter. Bank of New York Mellon Corp now owns 713,020 shares of the company’s stock worth $37,441,000 after buying an additional 13,408 shares during the last quarter. Dupont Capital Management Corp purchased a new stake in TreeHouse Foods during the third quarter worth about $459,000. Stone Ridge Asset Management LLC increased its holdings in TreeHouse Foods by 11.5% during the third quarter. Stone Ridge Asset Management LLC now owns 27,084 shares of the company’s stock worth $1,296,000 after buying an additional 2,800 shares during the last quarter. Prudential Financial Inc. increased its holdings in TreeHouse Foods by 38.5% during the third quarter. Prudential Financial Inc. now owns 140,358 shares of the company’s stock worth $6,716,000 after buying an additional 39,034 shares during the last quarter. Finally, MML Investors Services LLC increased its holdings in TreeHouse Foods by 73.5% during the third quarter. MML Investors Services LLC now owns 6,743 shares of the company’s stock worth $323,000 after buying an additional 2,856 shares during the last quarter.
THS stock opened at $59.68 on Friday. The company has a debt-to-equity ratio of 1.07, a current ratio of 1.70 and a quick ratio of 0.69. TreeHouse Foods Inc. has a 12 month low of $36.43 and a 12 month high of $61.48. The company has a market capitalization of $3.28 billion, a PE ratio of 27.13, a PEG ratio of 2.13 and a beta of 0.54.
TreeHouse Foods (NYSE:THS) last released its quarterly earnings data on Thursday, February 14th. The company reported $1.03 EPS for the quarter, beating analysts’ consensus estimates of $0.96 by $0.07. TreeHouse Foods had a negative net margin of 1.06% and a positive return on equity of 5.66%. The company had revenue of $1.48 billion during the quarter, compared to analyst estimates of $1.50 billion. During the same period last year, the business earned $1.02 earnings per share. TreeHouse Foods’s revenue was down 11.3% compared to the same quarter last year. Equities research analysts predict that TreeHouse Foods Inc. will post 2.54 EPS for the current year.
A number of analysts recently issued reports on THS shares. Citigroup restated a “buy” rating and set a $60.00 price objective on shares of TreeHouse Foods in a report on Wednesday, December 12th. Credit Suisse Group set a $55.00 target price on shares of TreeHouse Foods and gave the stock a “hold” rating in a research report on Friday, February 15th. Bank of America reiterated a “neutral” rating and set a $58.00 target price (up previously from $55.00) on shares of TreeHouse Foods in a research report on Wednesday, January 23rd. ValuEngine upgraded shares of TreeHouse Foods from a “hold” rating to a “buy” rating in a research report on Wednesday, November 21st. Finally, Jefferies Financial Group set a $60.00 target price on shares of TreeHouse Foods and gave the stock a “buy” rating in a research report on Monday, December 10th. One investment analyst has rated the stock with a sell rating, ten have given a hold rating and three have given a buy rating to the company’s stock. TreeHouse Foods has an average rating of “Hold” and a consensus price target of $51.92.
About TreeHouse Foods
TreeHouse Foods, Inc operates as a food and beverage manufacturer in the United States, Canada, and Italy. The company operates through Baked Goods, Beverages, Condiments, Meals, and Snacks segments. The Baked Goods segment offers candies, cookies, crackers, in-store bakery products, pita chips, pretzels, refrigerated dough, retail griddle waffles, pancakes, and French toasts.
Featured Article: Stock Symbols Definition, Examples, Lookup
Want to see what other hedge funds are holding THS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for TreeHouse Foods Inc. (NYSE:THS).
Receive News & Ratings for TreeHouse Foods Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TreeHouse Foods and related companies with MarketBeat.com's FREE daily email newsletter.