Charles Schwab Investment Management Inc. Purchases 32,613 Shares of TreeHouse Foods, Inc. (NYSE:THS)

Charles Schwab Investment Management Inc. lifted its holdings in TreeHouse Foods, Inc. (NYSE:THS - Free Report) by 3.8% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 901,064 shares of the company's stock after buying an additional 32,613 shares during the period. Charles Schwab Investment Management Inc. owned approximately 1.76% of TreeHouse Foods worth $31,654,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the business. Blue Trust Inc. raised its holdings in shares of TreeHouse Foods by 456.7% in the 4th quarter. Blue Trust Inc. now owns 1,119 shares of the company's stock worth $39,000 after purchasing an additional 918 shares during the period. KBC Group NV boosted its stake in TreeHouse Foods by 40.9% in the 3rd quarter. KBC Group NV now owns 1,943 shares of the company's stock worth $82,000 after purchasing an additional 564 shares during the period. Legacy Wealth Asset Management LLC purchased a new position in TreeHouse Foods during the 4th quarter valued at about $216,000. Oppenheimer Asset Management Inc. purchased a new position in TreeHouse Foods during the 3rd quarter valued at about $218,000. Finally, Entropy Technologies LP bought a new stake in shares of TreeHouse Foods during the fourth quarter valued at about $333,000. Institutional investors own 99.81% of the company's stock.

Analysts Set New Price Targets

Several equities analysts recently commented on the stock. StockNews.com raised shares of TreeHouse Foods from a "sell" rating to a "hold" rating in a research note on Tuesday, February 18th. Stifel Nicolaus boosted their target price on 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 lowered their price target 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 boosted their price objective 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 analysts have rated the stock with a hold rating, According to MarketBeat, TreeHouse Foods currently has a consensus rating of "Hold" and a consensus target price of $34.83.

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TreeHouse Foods Price Performance

Shares of NYSE THS traded down $0.52 during trading hours on Thursday, reaching $26.34. 244,570 shares of the stock traded hands, compared to its average volume of 536,526. The company's 50-day simple moving average is $32.37 and its two-hundred day simple moving average is $35.72. The company has a market capitalization of $1.32 billion, a P/E ratio of 48.83 and a beta of 0.15. TreeHouse Foods, Inc. has a 52-week low of $26.33 and a 52-week high of $43.84. 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 (NYSE:THS - Get Free Report) last posted its quarterly earnings results on Friday, February 14th. The company reported $0.95 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 business had revenue of $905.70 million for the quarter, compared to analysts' expectations of $907.71 million. During the same period last year, the business posted $0.77 earnings per share. The company's revenue was down .5% compared to the same quarter last year. Equities research analysts forecast that TreeHouse Foods, Inc. will post 1.94 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.