Quadrant Capital Group LLC Increases Stock Position in TreeHouse Foods, Inc. (NYSE:THS)

Quadrant Capital Group LLC lifted its holdings in shares of TreeHouse Foods, Inc. (NYSE:THS) by 62.2% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,469 shares of the company’s stock after purchasing an additional 947 shares during the period. Quadrant Capital Group LLC’s holdings in TreeHouse Foods were worth $102,000 as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of THS. NBC Securities Inc. purchased a new position in TreeHouse Foods during the third quarter worth $37,000. GAMMA Investing LLC acquired a new position in TreeHouse Foods in the 4th quarter valued at about $52,000. International Assets Investment Management LLC lifted its holdings in TreeHouse Foods by 4,045.4% in the 4th quarter. International Assets Investment Management LLC now owns 5,389 shares of the company’s stock valued at $223,000 after purchasing an additional 5,259 shares in the last quarter. MRA Advisory Group acquired a new stake in shares of TreeHouse Foods during the 3rd quarter worth about $253,000. Finally, Verdence Capital Advisors LLC boosted its position in TreeHouse Foods by 21.1% during the fourth quarter. Verdence Capital Advisors LLC now owns 7,243 shares of the company’s stock worth $300,000 after acquiring an additional 1,261 shares during the last quarter. 99.81% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at TreeHouse Foods

In related news, SVP Stephen Alan Landry sold 3,723 shares of the business’s stock in a transaction that occurred on Monday, May 13th. The stock was sold at an average price of $34.99, for a total transaction of $130,267.77. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Company insiders own 0.90% of the company’s stock.

TreeHouse Foods Trading Down 0.5 %

NYSE THS opened at $35.11 on Friday. The firm has a market capitalization of $1.85 billion, a price-to-earnings ratio of 76.33 and a beta of 0.35. The company has a debt-to-equity ratio of 0.87, a quick ratio of 0.66 and a current ratio of 1.52. TreeHouse Foods, Inc. has a one year low of $33.28 and a one year high of $54.52. The company’s 50 day moving average price is $36.74 and its 200 day moving average price is $39.02.

TreeHouse Foods (NYSE:THS) last issued its earnings results on Monday, May 6th. The company reported ($0.03) EPS for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.01). TreeHouse Foods had a net margin of 0.76% and a return on equity of 5.81%. The business had revenue of $820.70 million during the quarter, compared to analysts’ expectations of $798.44 million. During the same period in the prior year, the business posted $0.68 EPS. The business’s revenue was down 3.9% on a year-over-year basis. On average, sell-side analysts predict that TreeHouse Foods, Inc. will post 2.26 EPS for the current year.

Analyst Ratings Changes

Several research firms recently weighed in on THS. Truist Financial downgraded TreeHouse Foods from a “buy” rating to a “hold” rating and reduced their target price for the stock from $45.00 to $35.00 in a research report on Tuesday, February 20th. TD Cowen decreased their target price on shares of TreeHouse Foods from $38.00 to $37.00 and set a “hold” rating on the stock in a research report on Tuesday, May 7th. StockNews.com downgraded shares of TreeHouse Foods from a “hold” rating to a “sell” rating in a report on Wednesday, May 8th. Stifel Nicolaus cut their price target on shares of TreeHouse Foods from $38.00 to $36.00 and set a “hold” rating on the stock in a research note on Tuesday, May 7th. Finally, Barclays lowered their price objective on shares of TreeHouse Foods from $39.00 to $36.00 and set an “equal weight” rating for the company in a research note on Wednesday, May 8th. One investment analyst has rated the stock with a sell rating and five have issued a hold rating to the company’s stock. According to data from MarketBeat.com, TreeHouse Foods presently has an average rating of “Hold” and a consensus target price of $38.40.

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.