William Blair Investment Management LLC Acquires 17,225 Shares of TreeHouse Foods, Inc. (NYSE:THS)

William Blair Investment Management LLC increased its holdings in shares of TreeHouse Foods, Inc. (NYSE:THS) by 2.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 898,536 shares of the company’s stock after purchasing an additional 17,225 shares during the quarter. William Blair Investment Management LLC owned 1.75% of TreeHouse Foods worth $31,566,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of THS. Oppenheimer Asset Management Inc. bought a new position in shares of TreeHouse Foods during the third quarter valued at $218,000. KBC Group NV increased its position in TreeHouse Foods by 40.9% during the third quarter. KBC Group NV now owns 1,943 shares of the company’s stock valued at $82,000 after acquiring an additional 564 shares during the last quarter. Natixis Advisors LLC increased its position in TreeHouse Foods by 3.9% during the third quarter. Natixis Advisors LLC now owns 86,010 shares of the company’s stock valued at $3,611,000 after acquiring an additional 3,262 shares during the last quarter. Quest Partners LLC increased its position in TreeHouse Foods by 198.1% during the third quarter. Quest Partners LLC now owns 10,098 shares of the company’s stock valued at $424,000 after acquiring an additional 6,711 shares during the last quarter. Finally, Intech Investment Management LLC purchased a new stake in TreeHouse Foods during the third quarter valued at $522,000. 99.81% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of analysts recently commented on THS shares. StockNews.com upgraded TreeHouse Foods from a “sell” rating to a “hold” rating in a research report on Tuesday, February 18th. Jefferies Financial Group reduced their price objective on TreeHouse Foods from $37.00 to $31.00 and set a “hold” rating for the company in a research report on Tuesday, February 18th. Stifel Nicolaus upped their price objective on TreeHouse Foods from $32.00 to $35.00 and gave the company a “hold” rating in a research report on Friday, January 24th. Finally, Barclays upped their price target on TreeHouse Foods from $35.00 to $36.00 and gave the stock an “equal weight” rating in a research report on Tuesday, February 18th. Eight investment analysts have rated the stock with a hold rating, According to data from MarketBeat.com, TreeHouse Foods presently has a consensus rating of “Hold” and a consensus target price of $34.83.

TreeHouse Foods Stock Performance

Shares of THS opened at $27.97 on Wednesday. The company has a quick ratio of 0.63, a current ratio of 1.36 and a debt-to-equity ratio of 0.90. The business has a 50-day simple moving average of $32.53 and a two-hundred day simple moving average of $35.78. The stock has a market cap of $1.40 billion, a price-to-earnings ratio of 51.79 and a beta of 0.15. TreeHouse Foods, Inc. has a 52 week low of $27.63 and a 52 week high of $43.84.

TreeHouse Foods (NYSE:THS) last released its quarterly earnings data on Friday, February 14th. The company reported $0.95 earnings per share for the quarter, missing analysts’ consensus estimates of $0.97 by ($0.02). The business had revenue of $905.70 million during the quarter, compared to the consensus estimate of $907.71 million. TreeHouse Foods had a return on equity of 6.42% and a net margin of 0.80%. The business’s revenue was down .5% on a year-over-year basis. During the same period last year, the company earned $0.77 EPS. On average, analysts expect that TreeHouse Foods, Inc. will post 1.94 EPS for the current 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.