TreeHouse Foods, Inc. (NYSE:THS) Shares Sold by Geode Capital Management LLC

Geode Capital Management LLC lowered its holdings in TreeHouse Foods, Inc. (NYSE:THS - Free Report) by 1.7% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,070,233 shares of the company's stock after selling 18,097 shares during the period. Geode Capital Management LLC owned approximately 2.09% of TreeHouse Foods worth $37,607,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of the business. Jane Street Group LLC raised its holdings in shares of TreeHouse Foods by 37.7% during the 3rd quarter. Jane Street Group LLC now owns 124,173 shares of the company's stock valued at $5,213,000 after buying an additional 33,978 shares in the last quarter. Raymond James Financial Inc. bought a new stake in TreeHouse Foods in the fourth quarter worth $10,362,000. Entropy Technologies LP bought a new position in shares of TreeHouse Foods during the fourth quarter valued at about $333,000. JPMorgan Chase & Co. increased its holdings in shares of TreeHouse Foods by 187.6% in the third quarter. JPMorgan Chase & Co. now owns 316,428 shares of the company's stock worth $13,284,000 after buying an additional 206,411 shares during the period. Finally, HighTower Advisors LLC lifted its stake in shares of TreeHouse Foods by 90.8% in the 3rd quarter. HighTower Advisors LLC now owns 11,374 shares of the company's stock valued at $488,000 after acquiring an additional 5,413 shares during the last quarter. Institutional investors own 99.81% of the company's stock.

TreeHouse Foods Trading Up 1.7 %

Shares of THS traded up $0.37 during midday trading on Friday, reaching $22.06. The company had a trading volume of 623,613 shares, compared to its average volume of 577,543. The firm has a 50 day simple moving average of $27.71 and a 200-day simple moving average of $32.95. TreeHouse Foods, Inc. has a 1-year low of $21.46 and a 1-year high of $43.84. The company has a quick ratio of 0.63, a current ratio of 1.36 and a debt-to-equity ratio of 0.90. The stock has a market cap of $1.11 billion, a PE ratio of 40.85 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 analysts' expectations of $907.71 million. TreeHouse Foods had a net margin of 0.80% and a return on equity of 6.42%. The company's revenue for the quarter was down .5% on a year-over-year basis. During the same quarter last year, the business posted $0.77 earnings per share. Research analysts forecast that TreeHouse Foods, Inc. will post 1.94 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on THS. TD Cowen lowered 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. 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 report on Tuesday, February 18th. StockNews.com upgraded TreeHouse Foods from a "sell" rating to a "hold" rating in a research note on Tuesday, February 18th. Stifel Nicolaus lowered their price objective on TreeHouse Foods from $35.00 to $26.00 and set a "hold" rating on the stock in a research report on Friday, April 11th. Finally, Barclays upped their price target on TreeHouse Foods from $35.00 to $36.00 and gave the company an "equal weight" rating in a report on Tuesday, February 18th. Eight research analysts have rated the stock with a hold rating, Based on data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus target price of $31.67.

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.