Harbor Capital Advisors Inc. Buys 123,669 Shares of TreeHouse Foods, Inc. (NYSE:THS)

Harbor Capital Advisors Inc. lifted its position in shares of TreeHouse Foods, Inc. (NYSE:THS - Free Report) by 68.2% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 304,969 shares of the company's stock after acquiring an additional 123,669 shares during the period. Harbor Capital Advisors Inc. owned 0.58% of TreeHouse Foods worth $12,803,000 as of its most recent filing with the SEC.

A number of other large investors have also modified their holdings of the company. Signaturefd LLC grew its position in TreeHouse Foods by 42.1% in the 3rd quarter. Signaturefd LLC now owns 999 shares of the company's stock worth $42,000 after purchasing an additional 296 shares during the last quarter. Canada Pension Plan Investment Board acquired a new position in TreeHouse Foods during the 2nd quarter worth $37,000. Innealta Capital LLC bought a new position in shares of TreeHouse Foods in the second quarter worth $44,000. Central Pacific Bank Trust Division acquired a new position in shares of TreeHouse Foods during the first quarter valued at $48,000. Finally, GAMMA Investing LLC raised its stake in shares of TreeHouse Foods by 304.7% during the second quarter. GAMMA Investing LLC now owns 1,291 shares of the company's stock valued at $47,000 after purchasing an additional 972 shares in the last quarter. Institutional investors and hedge funds own 99.81% of the company's stock.

Analyst Upgrades and Downgrades

Several research firms have commented on THS. Mizuho raised their target price on shares of TreeHouse Foods from $37.00 to $40.00 and gave the company a "neutral" rating in a research note on Monday, August 26th. Stifel Nicolaus lifted their target price on TreeHouse Foods from $36.00 to $41.00 and gave the stock a "hold" rating in a report on Tuesday, August 6th. Barclays upped their price target on TreeHouse Foods from $36.00 to $39.00 and gave the company an "equal weight" rating in a report on Tuesday, August 6th. Finally, StockNews.com upgraded TreeHouse Foods from a "sell" rating to a "hold" rating in a report on Tuesday, August 6th. Six investment analysts have rated the stock with a hold rating, Based on data from MarketBeat.com, TreeHouse Foods has an average rating of "Hold" and a consensus price target of $38.40.

TreeHouse Foods Trading Up 1.2 %

NYSE THS traded up $0.44 on Friday, hitting $36.82. 530,826 shares of the stock were exchanged, compared to its average volume of 445,216. The company's 50-day moving average price is $40.65 and its two-hundred day moving average price is $38.29. The company has a debt-to-equity ratio of 0.90, a current ratio of 1.44 and a quick ratio of 0.52. TreeHouse Foods, Inc. has a 52-week low of $33.28 and a 52-week high of $43.84. The company has a market capitalization of $1.94 billion, a price-to-earnings ratio of -136.37 and a beta of 0.23.

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, beating analysts' consensus estimates 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 company had revenue of $788.50 million for the quarter, compared to the consensus estimate of $784.10 million. During the same quarter in the prior year, the company earned $0.42 EPS. The firm's quarterly revenue was down 1.9% on a year-over-year basis. Research analysts predict that TreeHouse Foods, Inc. will post 2.34 EPS for the current year.

Insider Buying and Selling

In other news, EVP Kristy N. Waterman sold 3,000 shares of the stock in a transaction on Monday, August 26th. The shares were sold at an average price of $42.34, for a total transaction of $127,020.00. Following the transaction, the executive vice president now owns 20,784 shares in the company, valued at $879,994.56. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.90% of the stock is currently owned by corporate insiders.

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.