Leeward Investments LLC MA Sells 60,916 Shares of TreeHouse Foods, Inc. (NYSE:THS)

Leeward Investments LLC MA lessened its position in shares of TreeHouse Foods, Inc. (NYSE:THS) by 8.9% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 624,751 shares of the company’s stock after selling 60,916 shares during the period. TreeHouse Foods makes up approximately 1.2% of Leeward Investments LLC MA’s investment portfolio, making the stock its 18th largest position. Leeward Investments LLC MA’s holdings in TreeHouse Foods were worth $26,227,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in the stock. Shapiro Capital Management LLC grew its stake in shares of TreeHouse Foods by 22.0% in the second quarter. Shapiro Capital Management LLC now owns 1,587,415 shares of the company’s stock worth $58,163,000 after purchasing an additional 286,770 shares during the last quarter. New South Capital Management Inc. raised its holdings in shares of TreeHouse Foods by 22.4% in the 2nd quarter. New South Capital Management Inc. now owns 1,370,548 shares of the company’s stock worth $50,217,000 after acquiring an additional 250,399 shares during the last quarter. Capital Research Global Investors increased its stake in TreeHouse Foods by 52.6% in the 1st quarter. Capital Research Global Investors now owns 950,372 shares of the company’s stock valued at $37,017,000 after buying an additional 327,448 shares during the last quarter. William Blair Investment Management LLC increased its stake in TreeHouse Foods by 16.5% in the 1st quarter. William Blair Investment Management LLC now owns 913,087 shares of the company’s stock valued at $35,565,000 after buying an additional 129,323 shares during the last quarter. Finally, Armistice Capital LLC increased its stake in shares of TreeHouse Foods by 12.2% during the 2nd quarter. Armistice Capital LLC now owns 783,000 shares of the company’s stock worth $28,689,000 after purchasing an additional 85,000 shares during the last quarter. 99.81% of the stock is currently owned by institutional investors.

TreeHouse Foods Stock Up 3.0 %

TreeHouse Foods stock opened at $38.17 on Thursday. The company has a market capitalization of $2.01 billion, a PE ratio of -141.37 and a beta of 0.23. The firm has a 50 day moving average price of $40.46 and a 200 day moving average price of $38.32. TreeHouse Foods, Inc. has a fifty-two week low of $33.28 and a fifty-two week high of $43.84. The company has a debt-to-equity ratio of 0.90, a quick ratio of 0.52 and a current ratio of 1.44.

TreeHouse Foods (NYSE:THS) last issued its quarterly 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 business had revenue of $788.50 million for the quarter, compared to analyst estimates of $784.10 million. During the same period in the previous year, the business posted $0.42 earnings per share. The business’s revenue was down 1.9% compared to the same quarter last year. Research analysts expect that TreeHouse Foods, Inc. will post 2.34 earnings per share for the current year.

Insider Buying and Selling at TreeHouse Foods

In other TreeHouse Foods news, EVP Kristy N. Waterman sold 3,000 shares of the stock in a transaction that occurred on Monday, August 26th. The shares were 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 of the company’s stock, valued at $879,994.56. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 0.90% of the company’s stock.

Analyst Ratings Changes

THS has been the subject of several analyst reports. Stifel Nicolaus raised their price target on shares of TreeHouse Foods from $36.00 to $41.00 and gave the company a “hold” rating in a report on Tuesday, August 6th. StockNews.com upgraded shares of TreeHouse Foods from a “sell” rating to a “hold” rating in a research note on Tuesday, August 6th. Mizuho upped their target price on shares of TreeHouse Foods from $37.00 to $40.00 and gave the company a “neutral” rating in a report on Monday, August 26th. Finally, Barclays upped their price target on shares of TreeHouse Foods from $36.00 to $39.00 and gave the stock an “equal weight” rating in a research report on Tuesday, August 6th. Six research analysts have rated the stock with a hold rating, According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $38.40.

About TreeHouse Foods

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.