William Blair Investment Management LLC Has $33.29 Million Position in TreeHouse Foods, Inc. (NYSE:THS)

William Blair Investment Management LLC lessened its position in TreeHouse Foods, Inc. (NYSE:THS) by 0.5% during the second quarter, Holdings Channel reports. The institutional investor owned 908,539 shares of the company’s stock after selling 4,548 shares during the quarter. William Blair Investment Management LLC’s holdings in TreeHouse Foods were worth $33,289,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the company. Innealta Capital LLC acquired a new stake in shares of TreeHouse Foods in the second quarter valued at approximately $44,000. Central Pacific Bank Trust Division bought a new position in TreeHouse Foods in the first quarter valued at $48,000. GAMMA Investing LLC increased its stake in TreeHouse Foods by 304.7% in the 2nd quarter. GAMMA Investing LLC now owns 1,291 shares of the company’s stock valued at $47,000 after buying an additional 972 shares during the last quarter. Rothschild Investment LLC bought a new stake in TreeHouse Foods during the 2nd quarter worth about $67,000. Finally, TFO Wealth Partners LLC boosted its stake in shares of TreeHouse Foods by 78,600.0% during the 4th quarter. TFO Wealth Partners LLC now owns 2,361 shares of the company’s stock worth $98,000 after buying an additional 2,358 shares during the last quarter. Institutional investors and hedge funds own 99.81% of the company’s stock.

Insider Transactions at TreeHouse Foods

In other news, EVP Kristy N. Waterman sold 3,000 shares of the stock in a transaction that occurred on Monday, August 26th. The stock was sold at an average price of $42.34, for a total transaction of $127,020.00. Following the transaction, the executive vice president now owns 20,784 shares in the company, valued at $879,994.56. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Corporate insiders own 0.90% of the company’s stock.

TreeHouse Foods Trading Up 2.7 %

Shares of TreeHouse Foods stock opened at $42.77 on Friday. The company has a debt-to-equity ratio of 0.90, a current ratio of 1.44 and a quick ratio of 0.52. The business has a fifty day simple moving average of $39.42 and a two-hundred day simple moving average of $37.53. TreeHouse Foods, Inc. has a 1 year low of $33.28 and a 1 year high of $48.49. The company has a market capitalization of $2.25 billion, a price-to-earnings ratio of 92.98 and a beta of 0.22.

TreeHouse Foods (NYSE:THS) last posted its earnings results on Monday, August 5th. The company reported $0.29 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.13 by $0.16. TreeHouse Foods had a negative net margin of 0.41% and a positive return on equity of 5.42%. The company had revenue of $788.50 million during the quarter, compared to analysts’ expectations of $784.10 million. During the same quarter last year, the company posted $0.42 EPS. TreeHouse Foods’s quarterly revenue was down 1.9% compared to the same quarter last year. Research analysts forecast that TreeHouse Foods, Inc. will post 2.34 EPS for the current year.

Wall Street Analysts Forecast Growth

THS has been the topic of several analyst reports. Barclays upped their target price on TreeHouse Foods from $36.00 to $39.00 and gave the stock an “equal weight” rating in a report on Tuesday, August 6th. Mizuho increased their price objective on TreeHouse Foods from $37.00 to $40.00 and gave the company a “neutral” rating in a report on Monday, August 26th. StockNews.com upgraded shares of TreeHouse Foods from a “sell” rating to a “hold” rating in a report on Tuesday, August 6th. Finally, Stifel Nicolaus increased their price target on shares of TreeHouse Foods from $36.00 to $41.00 and gave the company a “hold” rating in a research note on Tuesday, August 6th. Seven equities research analysts have rated the stock with a hold rating, According to MarketBeat, TreeHouse Foods presently has an average rating of “Hold” and an average price target of $40.00.

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.