Kestrel Investment Management Corp Invests $6.06 Million in TreeHouse Foods, Inc. (NYSE:THS)

Kestrel Investment Management Corp purchased a new position in TreeHouse Foods, Inc. (NYSE:THS - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 172,450 shares of the company's stock, valued at approximately $6,058,000. TreeHouse Foods makes up about 3.3% of Kestrel Investment Management Corp's portfolio, making the stock its 10th biggest holding. Kestrel Investment Management Corp owned approximately 0.34% of TreeHouse Foods as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently bought and sold shares of THS. Blue Trust Inc. raised its position 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 valued at $39,000 after purchasing an additional 918 shares in the last quarter. KBC Group NV increased its stake in shares of 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 increased its stake in shares of TreeHouse Foods by 58.2% in 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 last quarter. Legacy Wealth Asset Management LLC acquired a new stake in TreeHouse Foods in the fourth quarter valued at $216,000. Finally, New Age Alpha Advisors LLC bought a new position in TreeHouse Foods during the 4th quarter valued at $249,000. Hedge funds and other institutional investors own 99.81% of the company's stock.

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TreeHouse Foods Stock Performance

THS traded down $0.45 during trading hours on Friday, hitting $25.96. The company's stock had a trading volume of 739,635 shares, compared to its average volume of 561,826. The company has a current ratio of 1.36, a quick ratio of 0.63 and a debt-to-equity ratio of 0.90. TreeHouse Foods, Inc. has a fifty-two week low of $25.65 and a fifty-two week high of $43.84. The company has a 50-day simple moving average of $30.52 and a 200 day simple moving average of $34.49. The firm has a market capitalization of $1.30 billion, a PE ratio of 48.07 and a beta of 0.40.

TreeHouse Foods (NYSE:THS - Get Free Report) last issued 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). The company had revenue of $905.70 million for the quarter, compared to the consensus estimate 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% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.77 earnings per share. As a group, sell-side analysts expect that TreeHouse Foods, Inc. will post 1.94 EPS for the current year.

Wall Street Analyst Weigh In

THS has been the topic of a number of recent analyst reports. Jefferies Financial Group cut their target price on shares of TreeHouse Foods from $37.00 to $31.00 and set a "hold" rating on the stock in a research note on Tuesday, February 18th. StockNews.com raised TreeHouse Foods from a "sell" rating to a "hold" rating in a report on Tuesday, February 18th. Stifel Nicolaus boosted their target price on shares of TreeHouse Foods from $32.00 to $35.00 and gave the company a "hold" rating in a research note on Friday, January 24th. Finally, Barclays lifted their target price on TreeHouse Foods from $35.00 to $36.00 and gave the company an "equal weight" rating in a research note on Tuesday, February 18th. Eight research analysts have rated the stock with a hold rating, According to MarketBeat, the company currently has a consensus rating of "Hold" and an average price target of $34.83.

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.