TreeHouse Foods, Inc. (NYSE:THS) Shares Sold by Gabelli Funds LLC

Gabelli Funds LLC reduced its position in TreeHouse Foods, Inc. (NYSE:THS - Free Report) by 29.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 33,000 shares of the company's stock after selling 14,000 shares during the quarter. Gabelli Funds LLC owned approximately 0.06% of TreeHouse Foods worth $1,159,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of THS. Bank of Montreal Can raised its position in shares of TreeHouse Foods by 9.6% during the fourth quarter. Bank of Montreal Can now owns 7,740 shares of the company's stock valued at $272,000 after buying an additional 681 shares during the last quarter. KBC Group NV grew its stake in TreeHouse Foods by 45.1% during the fourth quarter. KBC Group NV now owns 2,820 shares of the company's stock valued at $99,000 after acquiring an additional 877 shares in the last quarter. Blue Trust Inc. increased its holdings in TreeHouse Foods by 456.7% in the 4th quarter. Blue Trust Inc. now owns 1,119 shares of the company's stock valued at $39,000 after acquiring an additional 918 shares during the last quarter. Sterling Capital Management LLC lifted its stake in TreeHouse Foods by 134.4% in the 4th quarter. Sterling Capital Management LLC now owns 2,374 shares of the company's stock worth $83,000 after purchasing an additional 1,361 shares in the last quarter. Finally, CIBC Private Wealth Group LLC boosted its holdings in shares of TreeHouse Foods by 58.2% during the 4th quarter. CIBC Private Wealth Group LLC now owns 4,101 shares of the company's stock valued at $142,000 after purchasing an additional 1,508 shares during the last quarter. 99.81% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

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

TreeHouse Foods Stock Up 0.1 %

Shares of THS stock traded up $0.02 during mid-day trading on Wednesday, hitting $22.69. The stock had a trading volume of 823,142 shares, compared to its average volume of 581,783. The firm has a market capitalization of $1.14 billion, a P/E ratio of 42.02 and a beta of 0.40. 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 12-month low of $21.39 and a 12-month high of $43.84. The firm's 50-day moving average is $27.08 and its two-hundred day moving average is $32.59.

TreeHouse Foods (NYSE:THS - Get Free Report) last released its quarterly earnings data on Friday, February 14th. The company reported $0.95 earnings per share for the quarter, missing analysts' consensus estimates of $0.97 by ($0.02). TreeHouse Foods had a return on equity of 6.42% and a net margin of 0.80%. The business had revenue of $905.70 million during the quarter, compared to analysts' expectations of $907.71 million. During the same period last year, the company earned $0.77 earnings per share. The firm's revenue was down .5% compared to the same quarter last year. On average, analysts predict that TreeHouse Foods, Inc. will post 1.94 earnings per share for the current fiscal 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.