Bridgewater Associates LP Has $1.37 Million Position in TreeHouse Foods, Inc. (NYSE:THS)

Bridgewater Associates LP lowered its holdings in TreeHouse Foods, Inc. (NYSE:THS - Free Report) by 35.6% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 32,731 shares of the company's stock after selling 18,084 shares during the quarter. Bridgewater Associates LP owned 0.06% of TreeHouse Foods worth $1,374,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the business. Signaturefd LLC lifted its holdings in shares of TreeHouse Foods by 42.1% during the third quarter. Signaturefd LLC now owns 999 shares of the company's stock valued at $42,000 after acquiring an additional 296 shares during the period. Canada Pension Plan Investment Board bought a new position in TreeHouse Foods during the 2nd quarter valued at about $37,000. Innealta Capital LLC acquired a new position in TreeHouse Foods in the second quarter valued at about $44,000. GAMMA Investing LLC grew its stake in TreeHouse Foods by 304.7% during the second quarter. GAMMA Investing LLC now owns 1,291 shares of the company's stock worth $47,000 after buying an additional 972 shares during the last quarter. Finally, Rothschild Investment LLC acquired a new stake in shares of TreeHouse Foods during the second quarter worth approximately $67,000. Institutional investors and hedge funds own 99.81% of the company's stock.

TreeHouse Foods Trading Up 2.2 %

NYSE THS traded up $0.76 on Monday, reaching $35.10. The company had a trading volume of 753,939 shares, compared to its average volume of 524,209. The company has a quick ratio of 0.53, a current ratio of 1.40 and a debt-to-equity ratio of 0.90. TreeHouse Foods, Inc. has a 52 week low of $28.04 and a 52 week high of $43.84. The stock has a market cap of $1.80 billion, a price-to-earnings ratio of -73.06 and a beta of 0.23. The stock's 50 day moving average is $37.98 and its 200-day moving average is $38.15.

TreeHouse Foods (NYSE:THS - Get Free Report) last announced its quarterly earnings results on Tuesday, November 12th. The company reported $0.74 earnings per share for the quarter, missing analysts' consensus estimates of $0.75 by ($0.01). The firm had revenue of $854.40 million during the quarter, compared to analyst estimates of $881.15 million. TreeHouse Foods had a negative net margin of 0.72% and a positive return on equity of 5.94%. The business's revenue was down 1.0% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.57 earnings per share. Equities analysts predict that TreeHouse Foods, Inc. will post 2.08 earnings per share for the current year.

Analysts Set New Price Targets

Several brokerages have recently commented on THS. StockNews.com downgraded TreeHouse Foods from a "hold" rating to a "sell" rating in a report on Monday, November 25th. Truist Financial reduced their price objective 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 raised their target price on TreeHouse Foods from $37.00 to $40.00 and gave the company a "neutral" rating in a research note on Monday, August 26th. Barclays cut their price target on TreeHouse Foods from $39.00 to $32.00 and set an "equal weight" rating for the company in a report on Wednesday, November 13th. Finally, Stifel Nicolaus decreased their price objective on shares of TreeHouse Foods from $41.00 to $32.00 and set a "hold" rating on the stock in a report on Wednesday, November 13th. One equities research analyst has rated the stock with a sell rating and six have issued a hold rating to the company. According to MarketBeat.com, the company has a consensus rating of "Hold" and a consensus price target of $34.20.

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.