Entropy Technologies LP Buys Shares of 9,483 TreeHouse Foods, Inc. (NYSE:THS)

Entropy Technologies LP acquired a new position in shares of TreeHouse Foods, Inc. (NYSE:THS - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 9,483 shares of the company's stock, valued at approximately $333,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Rubric Capital Management LP bought a new position in shares of TreeHouse Foods during the 3rd quarter worth about $48,011,000. FMR LLC increased its stake in TreeHouse Foods by 28.1% during the third quarter. FMR LLC now owns 2,740,048 shares of the company's stock valued at $115,027,000 after acquiring an additional 600,723 shares during the period. JPMorgan Chase & Co. raised its holdings in TreeHouse Foods by 187.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 316,428 shares of the company's stock valued at $13,284,000 after acquiring an additional 206,411 shares in the last quarter. Chartwell Investment Partners LLC bought a new stake in shares of TreeHouse Foods in the 3rd quarter worth approximately $8,042,000. Finally, Harbor Capital Advisors Inc. grew its holdings in shares of TreeHouse Foods by 68.2% during the 3rd quarter. Harbor Capital Advisors Inc. now owns 304,969 shares of the company's stock worth $12,803,000 after purchasing an additional 123,669 shares in the last quarter. Institutional investors own 99.81% of the company's stock.

Analyst Ratings Changes

A number of research analysts recently commented on the company. Stifel Nicolaus upped their target price on TreeHouse Foods from $32.00 to $35.00 and gave the company a "hold" rating in a research note on Friday, January 24th. Consumer Edge cut shares of TreeHouse Foods from an "overweight" rating to an "equal weight" rating in a research note on Friday, November 15th. Truist Financial decreased their target price 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. StockNews.com lowered shares of TreeHouse Foods from a "hold" rating to a "sell" rating in a research report on Monday, February 10th. Finally, Barclays lifted their price objective on TreeHouse Foods from $32.00 to $35.00 and gave the company an "equal weight" rating in a report on Friday, January 17th. One research analyst has rated the stock with a sell rating and six have given a hold rating to the stock. According to MarketBeat, the stock has a consensus rating of "Hold" and a consensus price target of $35.40.

TreeHouse Foods Price Performance

NYSE:THS traded down $0.04 on Monday, reaching $33.22. The stock had a trading volume of 2,750,681 shares, compared to its average volume of 448,116. The company has a quick ratio of 0.53, a current ratio of 1.40 and a debt-to-equity ratio of 0.90. The company has a market capitalization of $1.70 billion, a P/E ratio of -70.67 and a beta of 0.22. TreeHouse Foods, Inc. has a 1-year low of $28.04 and a 1-year high of $43.84. The stock has a fifty day moving average price of $34.27 and a 200-day moving average price of $37.14.

TreeHouse Foods (NYSE:THS - Get Free Report) last posted its earnings results on Friday, February 14th. The company reported $0.95 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.97 by ($0.02). The firm had revenue of $905.70 million during the quarter, compared to the consensus estimate of $907.71 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 .5% on a year-over-year basis. During the same quarter last year, the firm posted $0.77 EPS. Research analysts forecast that TreeHouse Foods, Inc. will post 1.96 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.