Barclays PLC Buys 21,951 Shares of TreeHouse Foods, Inc. (NYSE:THS)

Barclays PLC grew its stake in shares of TreeHouse Foods, Inc. (NYSE:THS - Free Report) by 7.0% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 337,657 shares of the company's stock after purchasing an additional 21,951 shares during the quarter. Barclays PLC owned about 0.66% of TreeHouse Foods worth $14,175,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. SG Americas Securities LLC raised its position in TreeHouse Foods by 165.8% during the second quarter. SG Americas Securities LLC now owns 10,298 shares of the company's stock worth $377,000 after acquiring an additional 6,423 shares in the last quarter. Callan Family Office LLC bought a new stake in shares of TreeHouse Foods in the 2nd quarter valued at about $203,000. Allspring Global Investments Holdings LLC lifted its stake in TreeHouse Foods by 31.1% in the 2nd quarter. Allspring Global Investments Holdings LLC now owns 45,531 shares of the company's stock valued at $1,668,000 after purchasing an additional 10,813 shares during the last quarter. Legato Capital Management LLC grew its holdings in TreeHouse Foods by 38.1% during the second quarter. Legato Capital Management LLC now owns 24,154 shares of the company's stock worth $885,000 after purchasing an additional 6,666 shares during the period. Finally, Pullen Investment Management LLC grew its holdings in TreeHouse Foods by 2.0% during the second quarter. Pullen Investment Management LLC now owns 21,186 shares of the company's stock worth $776,000 after purchasing an additional 408 shares during the period. Institutional investors own 99.81% of the company's stock.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the company. Consumer Edge lowered TreeHouse Foods from an "overweight" rating to an "equal weight" rating in a research note on Friday, November 15th. Truist Financial dropped their price target on TreeHouse Foods from $35.00 to $30.00 and set a "hold" rating on the stock in a research note on Wednesday, November 13th. Mizuho lifted their price objective on shares of TreeHouse Foods from $37.00 to $40.00 and gave the stock a "neutral" rating in a research report on Monday, August 26th. StockNews.com downgraded shares of TreeHouse Foods from a "hold" rating to a "sell" rating in a report on Thursday. Finally, Stifel Nicolaus cut their target price on shares of TreeHouse Foods from $41.00 to $32.00 and set a "hold" rating for the company in a research note on Wednesday, November 13th. One investment analyst has rated the stock with a sell rating and six have assigned a hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average target price of $34.20.

TreeHouse Foods Stock Performance

NYSE THS traded down $0.19 on Monday, reaching $34.34. The stock had a trading volume of 628,936 shares, compared to its average volume of 526,836. The company has a debt-to-equity ratio of 0.90, a current ratio of 1.40 and a quick ratio of 0.53. The company has a market cap of $1.76 billion, a P/E ratio of -73.06 and a beta of 0.23. The firm has a fifty day moving average of $36.43 and a two-hundred day moving average of $38.05. TreeHouse Foods, Inc. has a 1-year low of $28.04 and a 1-year high of $43.84.

TreeHouse Foods (NYSE:THS - Get Free Report) last released its quarterly earnings results on Tuesday, November 12th. The company reported $0.74 EPS for the quarter, missing the consensus estimate of $0.75 by ($0.01). TreeHouse Foods had a negative net margin of 0.72% and a positive return on equity of 5.94%. The business had revenue of $854.40 million during the quarter, compared to analyst estimates of $881.15 million. During the same quarter last year, the company posted $0.57 earnings per share. The company's revenue was down 1.0% on a year-over-year basis. On average, equities research analysts anticipate that TreeHouse Foods, Inc. will post 1.96 EPS for the current year.

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.