Chartwell Investment Partners LLC Makes New $8.04 Million Investment in TreeHouse Foods, Inc. (NYSE:THS)

Chartwell Investment Partners LLC purchased a new stake in TreeHouse Foods, Inc. (NYSE:THS - Free Report) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 191,569 shares of the company's stock, valued at approximately $8,042,000. Chartwell Investment Partners LLC owned about 0.36% of TreeHouse Foods as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Signaturefd LLC lifted its stake in shares of TreeHouse Foods by 42.1% in the third quarter. Signaturefd LLC now owns 999 shares of the company's stock worth $42,000 after acquiring an additional 296 shares in the last quarter. Canada Pension Plan Investment Board bought a new stake in TreeHouse Foods during the 2nd quarter valued at $37,000. Innealta Capital LLC bought a new stake in TreeHouse Foods during the second quarter worth approximately $44,000. GAMMA Investing LLC raised its holdings in shares of TreeHouse Foods by 304.7% in the 2nd quarter. GAMMA Investing LLC now owns 1,291 shares of the company's stock worth $47,000 after purchasing an additional 972 shares in the last quarter. Finally, Rothschild Investment LLC purchased a new stake in shares of TreeHouse Foods in the 2nd quarter valued at approximately $67,000. Institutional investors and hedge funds own 99.81% of the company's stock.

TreeHouse Foods Trading Down 14.3 %

NYSE THS traded down $5.33 during trading on Tuesday, hitting $31.87. 3,009,103 shares of the company's stock traded hands, compared to its average volume of 504,719. TreeHouse Foods, Inc. has a 12-month low of $28.04 and a 12-month high of $43.84. The stock has a fifty day moving average of $40.26 and a two-hundred day moving average of $38.35. The firm has a market cap of $1.68 billion, a P/E ratio of -137.78 and a beta of 0.23. The company has a debt-to-equity ratio of 0.90, a current ratio of 1.44 and a quick ratio of 0.52.

Analysts Set New Price Targets

A number of equities analysts have commented on the company. StockNews.com raised shares of TreeHouse Foods from a "sell" rating to a "hold" rating in a research note on Tuesday, August 6th. Barclays raised their price target on shares of TreeHouse Foods from $36.00 to $39.00 and gave the company an "equal weight" rating in a research report on Tuesday, August 6th. Mizuho upped their target price on TreeHouse Foods from $37.00 to $40.00 and gave the stock a "neutral" rating in a research note on Monday, August 26th. Finally, Stifel Nicolaus upped their price target on shares of TreeHouse Foods from $36.00 to $41.00 and gave the stock a "hold" rating in a research note on Tuesday, August 6th. Six equities research analysts have rated the stock with a hold rating, Based on data from MarketBeat.com, the company has an average rating of "Hold" and an average target price of $38.40.

Insider Activity

In related news, EVP Kristy N. Waterman sold 3,000 shares of the company's stock in a transaction that occurred on Monday, August 26th. The stock was sold at an average price of $42.34, for a total value of $127,020.00. Following the sale, the executive vice president now owns 20,784 shares in the company, valued at $879,994.56. This represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Company insiders own 0.90% of the company's stock.

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.