Leeward Investments LLC MA Sells 4,301 Shares of TreeHouse Foods, Inc. (NYSE:THS)

Leeward Investments LLC MA decreased its stake in shares of TreeHouse Foods, Inc. (NYSE:THS) by 0.6% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 677,788 shares of the company’s stock after selling 4,301 shares during the period. TreeHouse Foods accounts for about 1.2% of Leeward Investments LLC MA’s investment portfolio, making the stock its 16th biggest holding. Leeward Investments LLC MA’s holdings in TreeHouse Foods were worth $26,400,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. GAMMA Investing LLC bought a new position in TreeHouse Foods during the fourth quarter worth $52,000. TFO Wealth Partners LLC increased its stake in TreeHouse Foods by 78,600.0% during the 4th quarter. TFO Wealth Partners LLC now owns 2,361 shares of the company’s stock valued at $98,000 after purchasing an additional 2,358 shares in the last quarter. Quadrant Capital Group LLC increased its position in shares of TreeHouse Foods by 62.2% during the fourth quarter. Quadrant Capital Group LLC now owns 2,469 shares of the company’s stock worth $102,000 after acquiring an additional 947 shares in the last quarter. International Assets Investment Management LLC raised its stake in shares of TreeHouse Foods by 4,045.4% in the fourth quarter. International Assets Investment Management LLC now owns 5,389 shares of the company’s stock worth $223,000 after purchasing an additional 5,259 shares during the last quarter. Finally, Verdence Capital Advisors LLC raised its position in TreeHouse Foods by 21.1% in the 4th quarter. Verdence Capital Advisors LLC now owns 7,243 shares of the company’s stock valued at $300,000 after buying an additional 1,261 shares during the last quarter. Institutional investors own 99.81% of the company’s stock.

Analyst Ratings Changes

THS has been the topic of several analyst reports. Barclays cut their price target on shares of TreeHouse Foods from $39.00 to $36.00 and set an “equal weight” rating on the stock in a report on Wednesday, May 8th. StockNews.com lowered TreeHouse Foods from a “hold” rating to a “sell” rating in a report on Wednesday, May 8th. Mizuho initiated coverage on TreeHouse Foods in a research report on Thursday, June 6th. They set a “neutral” rating and a $37.00 price target for the company. TD Cowen cut their price objective on TreeHouse Foods from $38.00 to $37.00 and set a “hold” rating on the stock in a research report on Tuesday, May 7th. Finally, Stifel Nicolaus decreased their target price on TreeHouse Foods from $38.00 to $36.00 and set a “hold” rating for the company in a research report on Tuesday, May 7th. One analyst has rated the stock with a sell rating and six have given a hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $38.17.

TreeHouse Foods Stock Performance

NYSE THS traded down $0.14 on Thursday, hitting $36.97. 226,803 shares of the stock traded hands, compared to its average volume of 451,397. The company has a debt-to-equity ratio of 0.87, a quick ratio of 0.66 and a current ratio of 1.52. The business’s fifty day moving average is $36.00 and its two-hundred day moving average is $38.07. TreeHouse Foods, Inc. has a 12 month low of $33.28 and a 12 month high of $53.00. The firm has a market capitalization of $1.94 billion, a price-to-earnings ratio of 80.37 and a beta of 0.24.

TreeHouse Foods (NYSE:THS) last announced its quarterly earnings results on Monday, May 6th. The company reported ($0.03) EPS for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.01). TreeHouse Foods had a net margin of 0.76% and a return on equity of 5.81%. The business had revenue of $820.70 million for the quarter, compared to analysts’ expectations of $798.44 million. During the same quarter in the previous year, the company posted $0.68 earnings per share. The business’s quarterly revenue was down 3.9% compared to the same quarter last year. As a group, equities analysts anticipate that TreeHouse Foods, Inc. will post 2.26 EPS for the current fiscal year.

Insider Buying and Selling

In other TreeHouse Foods news, SVP Stephen Alan Landry sold 3,723 shares of TreeHouse Foods stock in a transaction dated Monday, May 13th. The stock was sold at an average price of $34.99, for a total transaction of $130,267.77. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 0.90% of the stock is currently owned by insiders.

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.