Marshall Wace LLP Acquires Shares of 152,733 TreeHouse Foods, Inc. (NYSE:THS)

Marshall Wace LLP purchased a new position in TreeHouse Foods, Inc. (NYSE:THS - Free Report) in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor purchased 152,733 shares of the company's stock, valued at approximately $5,366,000. Marshall Wace LLP owned 0.30% of TreeHouse Foods at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. FMR LLC boosted its position in shares of TreeHouse Foods by 90.5% in the 4th quarter. FMR LLC now owns 5,219,543 shares of the company's stock valued at $183,363,000 after purchasing an additional 2,479,495 shares during the period. Raymond James Financial Inc. acquired a new stake in shares of TreeHouse Foods during the fourth quarter valued at approximately $10,362,000. JPMorgan Chase & Co. raised its holdings in shares of TreeHouse Foods by 187.6% during the third quarter. JPMorgan Chase & Co. now owns 316,428 shares of the company's stock valued at $13,284,000 after acquiring an additional 206,411 shares during the period. Kestrel Investment Management Corp acquired a new position in TreeHouse Foods in the 4th quarter worth approximately $6,058,000. Finally, WINTON GROUP Ltd purchased a new position in shares of TreeHouse Foods during the fourth quarter valued at $4,360,000. 99.81% of the stock is currently owned by institutional investors.

TreeHouse Foods Stock Performance

NYSE THS traded up $0.15 during trading on Friday, reaching $22.44. 699,451 shares of the company's stock were exchanged, compared to its average volume of 586,397. The stock has a market capitalization of $1.13 billion, a P/E ratio of 41.56 and a beta of 0.40. The business has a 50 day moving average price of $26.70 and a 200-day moving average price of $32.28. TreeHouse Foods, Inc. has a fifty-two week low of $21.39 and a fifty-two week high of $43.84. 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 (NYSE:THS - Get Free Report) last issued its quarterly 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). TreeHouse Foods had a net margin of 0.80% and a return on equity of 6.42%. The company had revenue of $905.70 million during the quarter, compared to the consensus estimate of $907.71 million. During the same quarter last year, the firm posted $0.77 earnings per share. The company's quarterly revenue was down .5% on a year-over-year basis. Sell-side analysts forecast that TreeHouse Foods, Inc. will post 1.94 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on the stock. Stifel Nicolaus reduced their target price on shares of TreeHouse Foods from $26.00 to $24.00 and set a "hold" rating for the company in a research note on Thursday. Barclays increased 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. Truist Financial lowered their target price on shares of TreeHouse Foods from $30.00 to $25.00 and set a "hold" rating on the stock in a research note on Thursday. StockNews.com raised TreeHouse Foods from a "sell" rating to a "hold" rating in a report on Tuesday, February 18th. Finally, Jefferies Financial Group reduced their price target 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. Eight investment analysts have rated the stock with a hold rating, Based on data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus price target of $30.50.

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.