Wealthfront Advisers LLC Acquires Shares of 32,512 TreeHouse Foods, Inc. (NYSE:THS)

Wealthfront Advisers LLC acquired a new stake in shares of TreeHouse Foods, Inc. (NYSE:THS - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 32,512 shares of the company's stock, valued at approximately $1,142,000. Wealthfront Advisers LLC owned 0.06% of TreeHouse Foods as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. Blue Trust Inc. grew its holdings in TreeHouse Foods by 456.7% during 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 during the period. KBC Group NV lifted its stake in TreeHouse Foods by 40.9% in the third quarter. KBC Group NV now owns 1,943 shares of the company's stock valued at $82,000 after buying an additional 564 shares in the last quarter. Legacy Wealth Asset Management LLC bought a new position in TreeHouse Foods in the fourth quarter valued at approximately $216,000. Oppenheimer Asset Management Inc. bought a new position in TreeHouse Foods in the third quarter valued at approximately $218,000. Finally, Entropy Technologies LP bought a new position in TreeHouse Foods in the fourth quarter valued at approximately $333,000. Institutional investors and hedge funds own 99.81% of the company's stock.

TreeHouse Foods Stock Performance

NYSE THS traded down $1.07 on Wednesday, hitting $26.89. 645,525 shares of the stock were exchanged, compared to its average volume of 537,288. The company has a debt-to-equity ratio of 0.90, a current ratio of 1.36 and a quick ratio of 0.63. The business's fifty day moving average is $32.53 and its 200 day moving average is $35.78. TreeHouse Foods, Inc. has a 52 week low of $26.85 and a 52 week high of $43.84. The company has a market capitalization of $1.35 billion, a PE ratio of 49.79 and a beta of 0.15.

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TreeHouse Foods (NYSE:THS - Get Free Report) 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). TreeHouse Foods had a return on equity of 6.42% and a net margin of 0.80%. The firm had revenue of $905.70 million for the quarter, compared to the consensus estimate of $907.71 million. During the same period last year, the company posted $0.77 earnings per share. The business's revenue was down .5% compared to the same quarter last year. Research analysts anticipate that TreeHouse Foods, Inc. will post 1.94 EPS for the current fiscal year.

Analyst Ratings Changes

A number of research analysts have weighed in on the stock. Barclays lifted their price target on shares of TreeHouse Foods from $35.00 to $36.00 and gave the company an "equal weight" rating in a research note on Tuesday, February 18th. Jefferies Financial Group cut their price target on shares of TreeHouse Foods from $37.00 to $31.00 and set a "hold" rating on the stock in a research note on Tuesday, February 18th. Stifel Nicolaus lifted their price target on shares of TreeHouse Foods from $32.00 to $35.00 and gave the company a "hold" rating in a research note on Friday, January 24th. Finally, StockNews.com raised shares of TreeHouse Foods from a "sell" rating to a "hold" rating in a research report on Tuesday, February 18th. Eight research 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 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.