TreeHouse Foods, Inc. (NYSE:THS) Given Average Rating of "Hold" by Analysts

Shares of TreeHouse Foods, Inc. (NYSE:THS - Get Free Report) have received a consensus rating of "Hold" from the five ratings firms that are presently covering the stock, MarketBeat Ratings reports. Five research analysts have rated the stock with a hold rating. The average 12 month price target among brokerages that have issued a report on the stock in the last year is $38.40.

THS has been the subject of several recent research reports. Stifel Nicolaus increased their price target on TreeHouse Foods from $36.00 to $41.00 and gave the company a "hold" rating in a report on Tuesday, August 6th. Mizuho raised their target price on TreeHouse Foods from $37.00 to $40.00 and gave the company a "neutral" rating in a report on Monday, August 26th. StockNews.com raised TreeHouse Foods from a "sell" rating to a "hold" rating in a research report on Tuesday, August 6th. Finally, Barclays increased their price objective on shares of TreeHouse Foods from $36.00 to $39.00 and gave the company an "equal weight" rating in a research report on Tuesday, August 6th.

Insider Activity at TreeHouse Foods

In other TreeHouse Foods news, EVP Kristy N. Waterman sold 3,000 shares of TreeHouse Foods stock in a transaction that occurred on Monday, August 26th. The stock was sold at an average price of $42.34, for a total transaction of $127,020.00. Following the sale, the executive vice president now directly owns 20,784 shares in the company, valued at $879,994.56. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.90% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in THS. Capital Research Global Investors increased its stake in TreeHouse Foods by 52.6% during the first quarter. Capital Research Global Investors now owns 950,372 shares of the company's stock valued at $37,017,000 after purchasing an additional 327,448 shares during the last quarter. New South Capital Management Inc. grew its position in shares of TreeHouse Foods by 29.0% during the 1st quarter. New South Capital Management Inc. now owns 1,120,149 shares of the company's stock valued at $43,630,000 after buying an additional 251,886 shares during the last quarter. Legato Capital Management LLC raised its stake in TreeHouse Foods by 38.1% during the second quarter. Legato Capital Management LLC now owns 24,154 shares of the company's stock worth $885,000 after acquiring an additional 6,666 shares during the period. TD Asset Management Inc lifted its holdings in TreeHouse Foods by 7.3% in the second quarter. TD Asset Management Inc now owns 478,944 shares of the company's stock worth $17,549,000 after acquiring an additional 32,600 shares during the last quarter. Finally, Shapiro Capital Management LLC boosted its stake in TreeHouse Foods by 22.0% in the second quarter. Shapiro Capital Management LLC now owns 1,587,415 shares of the company's stock valued at $58,163,000 after acquiring an additional 286,770 shares during the period. 99.81% of the stock is owned by institutional investors and hedge funds.

TreeHouse Foods Trading Down 1.2 %

THS traded down $0.46 during midday trading on Friday, hitting $37.37. The company's stock had a trading volume of 698,054 shares, compared to its average volume of 482,267. TreeHouse Foods has a 52-week low of $33.28 and a 52-week high of $43.84. The firm has a 50-day moving average price of $40.96 and a two-hundred day moving average price of $38.29. The company has a current ratio of 1.44, a quick ratio of 0.52 and a debt-to-equity ratio of 0.90. The firm has a market cap of $1.97 billion, a P/E ratio of 81.24 and a beta of 0.22.

TreeHouse Foods (NYSE:THS - Get Free Report) last issued its earnings results on Monday, August 5th. The company reported $0.29 earnings per share for the quarter, topping the consensus estimate of $0.13 by $0.16. TreeHouse Foods had a positive return on equity of 5.42% and a negative net margin of 0.41%. The business had revenue of $788.50 million for the quarter, compared to analyst estimates of $784.10 million. During the same period last year, the company posted $0.42 EPS. The business's quarterly revenue was down 1.9% on a year-over-year basis. On average, research analysts anticipate that TreeHouse Foods will post 2.34 earnings per share for the current year.

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.