TreeHouse Foods, Inc. (NYSE:THS) Shares Purchased by Fmr LLC

FMR LLC lifted its holdings in TreeHouse Foods, Inc. (NYSE:THS - Free Report) by 90.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 5,219,543 shares of the company's stock after acquiring an additional 2,479,495 shares during the period. FMR LLC owned 10.19% of TreeHouse Foods worth $183,363,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the stock. Blue Trust Inc. boosted 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 lifted its position in TreeHouse Foods by 45.1% in the fourth quarter. KBC Group NV now owns 2,820 shares of the company's stock worth $99,000 after buying an additional 877 shares during the last quarter. CIBC Private Wealth Group LLC boosted its stake in TreeHouse Foods by 58.2% during the fourth quarter. CIBC Private Wealth Group LLC now owns 4,101 shares of the company's stock worth $142,000 after buying an additional 1,508 shares during the period. Legacy Wealth Asset Management LLC bought a new position in TreeHouse Foods during the fourth quarter valued at $216,000. Finally, New Age Alpha Advisors LLC bought a new stake in shares of TreeHouse Foods in the 4th quarter worth about $249,000. 99.81% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of research analysts have recently commented on THS shares. Stifel Nicolaus cut their target price on TreeHouse Foods from $35.00 to $26.00 and set a "hold" rating on the stock in a research note on Friday, April 11th. TD Cowen reduced their target price on TreeHouse Foods from $32.00 to $27.00 and set a "hold" rating on the stock in a research note on Friday, April 11th. Barclays boosted their target price on shares of TreeHouse Foods from $35.00 to $36.00 and gave the company an "equal weight" rating in a research note on Tuesday, February 18th. StockNews.com raised shares of TreeHouse Foods from a "sell" rating to a "hold" rating in a research note on Tuesday, February 18th. Finally, Jefferies Financial Group lowered their price objective on shares of TreeHouse Foods from $37.00 to $31.00 and set a "hold" rating for the company in a research report on Tuesday, February 18th. Eight investment analysts have rated the stock with a hold rating, According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average target price of $31.67.

TreeHouse Foods Stock Up 1.7 %

Shares of NYSE:THS traded up $0.37 during trading hours on Thursday, hitting $22.06. The company's stock had a trading volume of 623,613 shares, compared to its average volume of 575,535. The company has a debt-to-equity ratio of 0.90, a current ratio of 1.36 and a quick ratio of 0.63. The firm's fifty day moving average price is $28.17 and its 200 day moving average price is $33.22. TreeHouse Foods, Inc. has a 52 week low of $21.46 and a 52 week high of $43.84. The company has a market capitalization of $1.11 billion, a price-to-earnings ratio of 40.85 and a beta of 0.40.

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 the consensus estimate of $0.97 by ($0.02). The company had revenue of $905.70 million during the quarter, compared to analysts' expectations 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 for the quarter was down .5% on a year-over-year basis. During the same quarter last year, the firm earned $0.77 EPS. As a group, research analysts expect 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.