Quantbot Technologies LP Purchases Shares of 17,210 TreeHouse Foods, Inc. (NYSE:THS)

Quantbot Technologies LP acquired a new stake in shares of TreeHouse Foods, Inc. (NYSE:THS - Free Report) during the fourth quarter, according to its most recent filing with the SEC. The fund acquired 17,210 shares of the company's stock, valued at approximately $605,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Jane Street Group LLC boosted its holdings in TreeHouse Foods by 37.7% in the 3rd quarter. Jane Street Group LLC now owns 124,173 shares of the company's stock valued at $5,213,000 after purchasing an additional 33,978 shares during the period. JPMorgan Chase & Co. boosted its stake in 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 buying an additional 206,411 shares during the period. Entropy Technologies LP purchased a new position in TreeHouse Foods during the fourth quarter worth about $333,000. Raymond James Financial Inc. purchased a new position in TreeHouse Foods during the fourth quarter worth about $10,362,000. Finally, HighTower Advisors LLC increased its stake in TreeHouse Foods by 90.8% in the 3rd quarter. HighTower Advisors LLC now owns 11,374 shares of the company's stock worth $488,000 after acquiring an additional 5,413 shares during the last quarter. 99.81% of the stock is currently owned by institutional investors.

TreeHouse Foods Price Performance

Shares of THS stock traded down $0.09 during trading hours on Tuesday, hitting $27.01. 570,521 shares of the company's stock were exchanged, compared to its average volume of 562,162. TreeHouse Foods, Inc. has a 12-month low of $25.69 and a 12-month high of $43.84. The company has a market capitalization of $1.36 billion, a PE ratio of 50.01 and a beta of 0.15. The business's 50 day simple moving average is $31.00 and its 200-day simple moving average is $34.73. 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 (NYSE:THS - Get Free Report) last posted its quarterly earnings results on Friday, February 14th. The company reported $0.95 earnings per share for the quarter, missing the consensus estimate of $0.97 by ($0.02). TreeHouse Foods had a return on equity of 6.42% and a net margin of 0.80%. The business had revenue of $905.70 million during the quarter, compared to the consensus estimate of $907.71 million. During the same period in the prior year, the firm earned $0.77 earnings per share. The business's revenue for the quarter was down .5% on a year-over-year basis. On average, equities research analysts anticipate that TreeHouse Foods, Inc. will post 1.94 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on THS shares. Barclays boosted their price objective on TreeHouse Foods from $35.00 to $36.00 and gave the stock an "equal weight" rating in a report on Tuesday, February 18th. StockNews.com raised shares of TreeHouse Foods from a "sell" rating to a "hold" rating in a research note on Tuesday, February 18th. Jefferies Financial Group decreased their price target on shares of TreeHouse Foods from $37.00 to $31.00 and set a "hold" rating on the stock in a report on Tuesday, February 18th. Finally, Stifel Nicolaus lifted their price objective on shares of TreeHouse Foods from $32.00 to $35.00 and gave the stock a "hold" rating in a report on Friday, January 24th. Eight investment analysts have rated the stock with a hold rating, According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average target price 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.