Systematic Financial Management LP Sells 275 Shares of TreeHouse Foods Inc. (THS)

Systematic Financial Management LP lowered its holdings in TreeHouse Foods Inc. (NYSE:THS) by 1.2% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 22,235 shares of the company’s stock after selling 275 shares during the period. Systematic Financial Management LP’s holdings in TreeHouse Foods were worth $1,435,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. CX Institutional purchased a new position in shares of TreeHouse Foods during the 4th quarter valued at $27,000. Quadrant Capital Group LLC raised its stake in shares of TreeHouse Foods by 287.2% during the 1st quarter. Quadrant Capital Group LLC now owns 573 shares of the company’s stock valued at $36,000 after purchasing an additional 425 shares during the period. FNY Investment Advisers LLC bought a new stake in shares of TreeHouse Foods during the 4th quarter valued at $37,000. Bessemer Group Inc. raised its stake in shares of TreeHouse Foods by 34.8% during the 4th quarter. Bessemer Group Inc. now owns 778 shares of the company’s stock valued at $39,000 after purchasing an additional 201 shares during the period. Finally, Investors Research Corp bought a new stake in shares of TreeHouse Foods during the 1st quarter valued at $77,000.

A number of analysts recently issued reports on the company. ValuEngine lowered TreeHouse Foods from a “buy” rating to a “hold” rating in a research note on Tuesday, May 7th. Credit Suisse Group set a $55.00 price objective on TreeHouse Foods and gave the company a “hold” rating in a research note on Friday, February 15th. Bank of America reiterated a “neutral” rating and set a $58.00 price objective (up from $55.00) on shares of TreeHouse Foods in a research note on Wednesday, January 23rd. TheStreet upgraded TreeHouse Foods from a “d+” rating to a “c-” rating in a research note on Wednesday, January 16th. Finally, Jefferies Financial Group reiterated a “buy” rating and set a $72.00 price objective on shares of TreeHouse Foods in a research note on Wednesday, March 27th. One analyst has rated the stock with a sell rating, nine have issued a hold rating and four have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus price target of $56.85.



In related news, Director Gary Dale Smith bought 3,000 shares of the company’s stock in a transaction that occurred on Monday, May 6th. The stock was bought at an average cost of $56.51 per share, for a total transaction of $169,530.00. Following the acquisition, the director now directly owns 2,250 shares of the company’s stock, valued at approximately $127,147.50. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, VP Thomas Emmet Oneill III sold 10,618 shares of the stock in a transaction dated Thursday, May 9th. The shares were sold at an average price of $56.95, for a total value of $604,695.10. Following the sale, the vice president now owns 124,117 shares of the company’s stock, valued at $7,068,463.15. The disclosure for this sale can be found here. 1.50% of the stock is currently owned by corporate insiders.

Shares of TreeHouse Foods stock opened at $58.55 on Thursday. The company has a debt-to-equity ratio of 1.17, a quick ratio of 0.62 and a current ratio of 1.64. The stock has a market cap of $3.27 billion, a PE ratio of 26.61, a PEG ratio of 2.51 and a beta of 0.56. TreeHouse Foods Inc. has a 12 month low of $41.18 and a 12 month high of $67.88.

TreeHouse Foods (NYSE:THS) last announced its quarterly earnings data on Thursday, May 2nd. The company reported $0.13 EPS for the quarter, beating the consensus estimate of $0.11 by $0.02. The firm had revenue of $1.30 billion for the quarter, compared to analyst estimates of $1.31 billion. TreeHouse Foods had a positive return on equity of 5.61% and a negative net margin of 0.97%. The company’s revenue was down 12.2% on a year-over-year basis. During the same period in the prior year, the company earned $0.18 EPS. Research analysts forecast that TreeHouse Foods Inc. will post 2.35 EPS for the current year.

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TreeHouse Foods Company Profile

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.

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Institutional Ownership by Quarter for TreeHouse Foods (NYSE:THS)

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