Dean Investment Associates LLC Raises Stock Position in TreeHouse Foods, Inc. (NYSE:THS)

Dean Investment Associates LLC raised its position in TreeHouse Foods, Inc. (NYSE:THS - Free Report) by 49.4% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 97,799 shares of the company's stock after acquiring an additional 32,336 shares during the period. Dean Investment Associates LLC owned approximately 0.19% of TreeHouse Foods worth $4,106,000 as of its most recent filing with the SEC.

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

TreeHouse Foods Stock Performance

NYSE THS traded up $0.16 on Friday, hitting $33.38. 514,330 shares of the stock traded hands, compared to its average volume of 875,770. The firm has a market capitalization of $1.71 billion, a price-to-earnings ratio of -71.02 and a beta of 0.23. The business's fifty day moving average is $37.22 and its two-hundred day moving average is $38.10. The company has a debt-to-equity ratio of 0.90, a quick ratio of 0.53 and a current ratio of 1.40. TreeHouse Foods, Inc. has a 12 month low of $28.04 and a 12 month high of $43.84.

TreeHouse Foods (NYSE:THS - Get Free Report) last announced its quarterly earnings data on Tuesday, November 12th. The company reported $0.74 earnings per share (EPS) 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 the consensus estimate of $881.15 million. TreeHouse Foods had a negative net margin of 0.72% and a positive return on equity of 5.94%. The company's revenue was down 1.0% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.57 earnings per share. As a group, equities analysts anticipate that TreeHouse Foods, Inc. will post 1.96 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

THS has been the topic of a number of recent analyst reports. Truist Financial dropped their price target on shares of TreeHouse Foods from $35.00 to $30.00 and set a "hold" rating on the stock in a research report on Wednesday, November 13th. Stifel Nicolaus dropped their target price on shares of TreeHouse Foods from $41.00 to $32.00 and set a "hold" rating on the stock in a research report on Wednesday, November 13th. Consumer Edge lowered TreeHouse Foods from an "overweight" rating to an "equal weight" rating in a report on Friday, November 15th. Mizuho increased their price target on TreeHouse Foods from $37.00 to $40.00 and gave the company a "neutral" rating in a research report on Monday, August 26th. Finally, StockNews.com cut TreeHouse Foods from a "hold" rating to a "sell" rating in a research report on Wednesday. One analyst has rated the stock with a sell rating and six have issued a hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus target price of $34.20.

TreeHouse Foods Company 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.