Blair William & Co. IL Lowers Stock Holdings in TreeHouse Foods, Inc. (NYSE:THS)

Blair William & Co. IL reduced its stake in TreeHouse Foods, Inc. (NYSE:THS - Free Report) by 51.7% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 102,581 shares of the company's stock after selling 109,778 shares during the quarter. Blair William & Co. IL owned 0.20% of TreeHouse Foods worth $3,604,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. FMR LLC grew its holdings in shares of TreeHouse Foods by 28.1% in the third quarter. FMR LLC now owns 2,740,048 shares of the company's stock valued at $115,027,000 after purchasing an additional 600,723 shares in the last quarter. Raymond James Financial Inc. purchased a new position in TreeHouse Foods in the 4th quarter valued at approximately $10,362,000. JPMorgan Chase & Co. grew its stake in shares of TreeHouse Foods by 187.6% in the third quarter. JPMorgan Chase & Co. now owns 316,428 shares of the company's stock worth $13,284,000 after acquiring an additional 206,411 shares in the last quarter. WINTON GROUP Ltd acquired a new position in shares of TreeHouse Foods in the fourth quarter worth $4,360,000. Finally, Roberts Wealth Advisors LLC increased its position in shares of TreeHouse Foods by 297.4% during the fourth quarter. Roberts Wealth Advisors LLC now owns 85,256 shares of the company's stock worth $2,858,000 after acquiring an additional 63,804 shares during the period. Hedge funds and other institutional investors own 99.81% of the company's stock.

Analysts Set New Price Targets

A number of brokerages recently issued reports on THS. StockNews.com upgraded shares of TreeHouse Foods from a "sell" rating to a "hold" rating in a research note on Tuesday, February 18th. Stifel Nicolaus lifted their price objective on shares of TreeHouse Foods from $32.00 to $35.00 and gave the stock a "hold" rating in a research report on Friday, January 24th. Jefferies Financial Group dropped their target price on TreeHouse Foods from $37.00 to $31.00 and set a "hold" rating on the stock in a report on Tuesday, February 18th. Finally, Barclays lifted their price target on TreeHouse Foods from $35.00 to $36.00 and gave the stock an "equal weight" rating in a report on Tuesday, February 18th. Eight equities research analysts have rated the stock with a hold rating, According to MarketBeat.com, TreeHouse Foods presently has an average rating of "Hold" and a consensus target price of $34.83.

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TreeHouse Foods Price Performance

Shares of TreeHouse Foods stock traded down $0.71 during trading on Wednesday, reaching $26.28. The company's stock had a trading volume of 450,040 shares, compared to its average volume of 561,612. The business has a 50 day moving average price of $30.85 and a 200-day moving average price of $34.67. The company has a market capitalization of $1.32 billion, a P/E ratio of 48.67 and a beta of 0.15. 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 12-month low of $25.69 and a 12-month high of $43.84.

TreeHouse Foods (NYSE:THS - Get Free Report) last released its quarterly earnings data on Friday, February 14th. The company reported $0.95 earnings per share for the quarter, missing the consensus estimate of $0.97 by ($0.02). TreeHouse Foods had a net margin of 0.80% and a return on equity of 6.42%. The firm had revenue of $905.70 million during the quarter, compared to analysts' expectations of $907.71 million. During the same period in the previous year, the business earned $0.77 earnings per share. The business's revenue for the quarter was down .5% on a year-over-year basis. As a group, sell-side analysts anticipate that TreeHouse Foods, Inc. will post 1.94 EPS for the current year.

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.