Boston Partners Boosts Stock Position in TreeHouse Foods, Inc. (NYSE:THS)

Boston Partners lifted its stake in TreeHouse Foods, Inc. (NYSE:THS) by 5.4% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 193,892 shares of the company’s stock after acquiring an additional 9,998 shares during the period. Boston Partners owned approximately 0.37% of TreeHouse Foods worth $7,552,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in THS. UBS Group AG lifted its position in TreeHouse Foods by 701.4% during the fourth quarter. UBS Group AG now owns 571,535 shares of the company’s stock valued at $23,690,000 after purchasing an additional 500,215 shares during the last quarter. Capital Research Global Investors lifted its holdings in shares of 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 acquiring an additional 327,448 shares during the last quarter. Charles Schwab Investment Management Inc. grew its position in TreeHouse Foods by 3.2% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 766,245 shares of the company’s stock worth $31,761,000 after acquiring an additional 23,597 shares in the last quarter. Goldman Sachs Group Inc. increased its stake in TreeHouse Foods by 3.7% in the fourth quarter. Goldman Sachs Group Inc. now owns 649,088 shares of the company’s stock valued at $26,905,000 after acquiring an additional 23,212 shares during the last quarter. Finally, New South Capital Management Inc. raised its position in TreeHouse Foods by 29.0% during the first quarter. New South Capital Management Inc. now owns 1,120,149 shares of the company’s stock valued at $43,630,000 after purchasing an additional 251,886 shares in the last quarter. 99.81% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other TreeHouse Foods news, SVP Stephen Alan Landry sold 3,723 shares of the firm’s stock in a transaction on Monday, May 13th. The stock was sold at an average price of $34.99, for a total transaction of $130,267.77. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.90% of the company’s stock.

Analysts Set New Price Targets

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

TreeHouse Foods Trading Down 0.1 %

Shares of TreeHouse Foods stock traded down $0.04 during trading on Friday, reaching $39.31. 492,431 shares of the stock were exchanged, compared to its average volume of 444,671. TreeHouse Foods, Inc. has a 1 year low of $33.28 and a 1 year high of $53.00. The firm has a market cap of $2.07 billion, a price-to-earnings ratio of 85.46 and a beta of 0.24. The company has a quick ratio of 0.66, a current ratio of 1.52 and a debt-to-equity ratio of 0.87. The stock’s fifty day moving average is $37.06 and its 200 day moving average is $37.66.

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

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.