Federated Hermes Inc. Acquires 20,319 Shares of TreeHouse Foods, Inc. (NYSE:THS)

Federated Hermes Inc. grew its holdings in TreeHouse Foods, Inc. (NYSE:THS - Free Report) by 54.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 57,849 shares of the company's stock after purchasing an additional 20,319 shares during the quarter. Federated Hermes Inc. owned approximately 0.11% of TreeHouse Foods worth $2,032,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Blue Trust Inc. lifted its stake in TreeHouse Foods by 456.7% in the fourth quarter. Blue Trust Inc. now owns 1,119 shares of the company's stock valued at $39,000 after buying an additional 918 shares during the period. KBC Group NV increased its stake in shares of TreeHouse Foods by 45.1% in the 4th quarter. KBC Group NV now owns 2,820 shares of the company's stock valued at $99,000 after acquiring an additional 877 shares during the last quarter. CIBC Private Wealth Group LLC raised its position in shares of TreeHouse Foods by 58.2% in the 4th quarter. CIBC Private Wealth Group LLC now owns 4,101 shares of the company's stock valued at $142,000 after acquiring an additional 1,508 shares during the period. Legacy Wealth Asset Management LLC bought a new position in TreeHouse Foods during the 4th quarter worth approximately $216,000. Finally, New Age Alpha Advisors LLC acquired a new position in TreeHouse Foods during the fourth quarter valued at approximately $249,000. Institutional investors and hedge funds own 99.81% of the company's stock.

TreeHouse Foods Stock Up 1.6 %

THS stock traded up $0.35 during midday trading on Thursday, hitting $22.04. The company's stock had a trading volume of 316,778 shares, compared to its average volume of 574,470. The company's fifty day moving average price is $28.17 and its 200 day moving average price is $33.22. The company has a debt-to-equity ratio of 0.90, a current ratio of 1.36 and a quick ratio of 0.63. TreeHouse Foods, Inc. has a twelve month low of $21.46 and a twelve month high of $43.84. The stock has a market capitalization of $1.11 billion, a P/E ratio of 40.83 and a beta of 0.40.

TreeHouse Foods (NYSE:THS - Get Free Report) last released 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 company had revenue of $905.70 million during the quarter, compared to analyst estimates of $907.71 million. TreeHouse Foods had a net margin of 0.80% and a return on equity of 6.42%. TreeHouse Foods's revenue was down .5% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.77 EPS. As a group, equities research analysts predict that TreeHouse Foods, Inc. will post 1.94 EPS for the current year.

Wall Street Analysts Forecast Growth

THS has been the topic of a number of recent analyst reports. Jefferies Financial Group reduced their price target on shares of TreeHouse Foods from $37.00 to $31.00 and set a "hold" rating on the stock in a research report on Tuesday, February 18th. Barclays lifted their target price on TreeHouse Foods from $35.00 to $36.00 and gave the stock an "equal weight" rating in a report on Tuesday, February 18th. StockNews.com upgraded TreeHouse Foods from a "sell" rating to a "hold" rating in a report on Tuesday, February 18th. TD Cowen decreased their price objective on TreeHouse Foods from $32.00 to $27.00 and set a "hold" rating for the company in a research report on Friday, April 11th. Finally, Stifel Nicolaus cut their price target on shares of TreeHouse Foods from $35.00 to $26.00 and set a "hold" rating on the stock in a research note on Friday, April 11th. Eight equities research analysts have rated the stock with a hold rating, Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and an average price target of $31.67.

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.