Blair William & Co. IL Sells 109,778 Shares of TreeHouse Foods, Inc. (NYSE:THS)

Blair William & Co. IL decreased its stake in TreeHouse Foods, Inc. (NYSE:THS) by 51.7% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 102,581 shares of the company’s stock after selling 109,778 shares during the period. Blair William & Co. IL owned 0.20% of TreeHouse Foods worth $3,604,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Blue Trust Inc. grew its stake in TreeHouse Foods by 456.7% in the fourth quarter. Blue Trust Inc. now owns 1,119 shares of the company’s stock valued at $39,000 after purchasing an additional 918 shares in the last quarter. KBC Group NV boosted its holdings in shares of TreeHouse Foods by 45.1% in the 4th quarter. KBC Group NV now owns 2,820 shares of the company’s stock valued at $99,000 after buying an additional 877 shares during the last quarter. Legacy Wealth Asset Management LLC bought a new position in shares of TreeHouse Foods in the fourth quarter valued at $216,000. Entropy Technologies LP acquired a new position in TreeHouse Foods during the fourth quarter worth $333,000. Finally, KLP Kapitalforvaltning AS bought a new stake in TreeHouse Foods during the fourth quarter worth $337,000. Institutional investors and hedge funds own 99.81% of the company’s stock.

TreeHouse Foods Trading Down 0.0 %

THS opened at $27.10 on Tuesday. The company has a quick ratio of 0.63, a current ratio of 1.36 and a debt-to-equity ratio of 0.90. TreeHouse Foods, Inc. has a twelve month low of $25.69 and a twelve month high of $43.84. The stock has a market capitalization of $1.36 billion, a price-to-earnings ratio of 50.18 and a beta of 0.15. The company has a 50-day simple moving average of $31.16 and a 200 day simple moving average of $34.84.

TreeHouse Foods (NYSE:THS) last posted its quarterly earnings results on Friday, February 14th. The company reported $0.95 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.97 by ($0.02). The firm had revenue of $905.70 million for the quarter, compared to analyst estimates 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 quarter in the prior year, the business posted $0.77 EPS. Analysts predict that TreeHouse Foods, Inc. will post 1.94 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the stock. Barclays boosted their price objective on shares of TreeHouse Foods from $35.00 to $36.00 and gave the stock an “equal weight” rating in a research note on Tuesday, February 18th. StockNews.com raised TreeHouse Foods from a “sell” rating to a “hold” rating in a research report on Tuesday, February 18th. Stifel Nicolaus raised their price target on TreeHouse Foods from $32.00 to $35.00 and gave the company a “hold” rating in a report on Friday, January 24th. Finally, Jefferies Financial Group cut their target price on shares of TreeHouse Foods from $37.00 to $31.00 and set a “hold” rating for the company in a research note on Tuesday, February 18th. Eight analysts have rated the stock with a hold rating, According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $34.83.

TreeHouse Foods Company 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.