TreeHouse Foods, Inc. (NYSE:THS) Shares Acquired by Roberts Wealth Advisors LLC

Roberts Wealth Advisors LLC increased its position in shares of TreeHouse Foods, Inc. (NYSE:THS - Free Report) by 297.4% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 85,256 shares of the company's stock after buying an additional 63,804 shares during the period. Roberts Wealth Advisors LLC owned about 0.17% of TreeHouse Foods worth $2,858,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Canada Pension Plan Investment Board acquired a new position in TreeHouse Foods in the second quarter valued at approximately $37,000. Signaturefd LLC boosted its holdings in TreeHouse Foods by 42.1% in the third quarter. Signaturefd LLC now owns 999 shares of the company's stock valued at $42,000 after purchasing an additional 296 shares in the last quarter. KBC Group NV boosted its holdings in TreeHouse Foods by 40.9% in the third quarter. KBC Group NV now owns 1,943 shares of the company's stock valued at $82,000 after purchasing an additional 564 shares in the last quarter. GAMMA Investing LLC boosted its holdings in TreeHouse Foods by 95.1% in the third quarter. GAMMA Investing LLC now owns 2,519 shares of the company's stock valued at $106,000 after purchasing an additional 1,228 shares in the last quarter. Finally, Legacy Wealth Asset Management LLC acquired a new position in TreeHouse Foods in the fourth quarter valued at approximately $216,000. 99.81% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on the company. StockNews.com downgraded TreeHouse Foods from a "hold" rating to a "sell" rating in a report on Wednesday, January 15th. Barclays increased their price objective on TreeHouse Foods from $32.00 to $35.00 and gave the company an "equal weight" rating in a report on Friday, January 17th. Truist Financial decreased their price objective on TreeHouse Foods from $35.00 to $30.00 and set a "hold" rating for the company in a report on Wednesday, November 13th. Stifel Nicolaus decreased their price objective on TreeHouse Foods from $41.00 to $32.00 and set a "hold" rating for the company in a report on Wednesday, November 13th. Finally, Consumer Edge downgraded TreeHouse Foods from an "overweight" rating to an "equal weight" rating in a report on Friday, November 15th. One investment analyst has rated the stock with a sell rating and six have given a hold rating to the company's stock. According to data from MarketBeat, TreeHouse Foods presently has an average rating of "Hold" and a consensus price target of $34.80.

TreeHouse Foods Stock Performance

Shares of NYSE THS traded down $1.29 during mid-day trading on Wednesday, hitting $33.78. 740,647 shares of the company were exchanged, compared to its average volume of 523,681. The company has a quick ratio of 0.53, a current ratio of 1.40 and a debt-to-equity ratio of 0.90. The stock has a 50 day simple moving average of $34.28 and a 200-day simple moving average of $37.66. TreeHouse Foods, Inc. has a 1-year low of $28.04 and a 1-year high of $43.84. The firm has a market cap of $1.73 billion, a price-to-earnings ratio of -71.88 and a beta of 0.22.

TreeHouse Foods (NYSE:THS - Get Free Report) last issued its quarterly earnings results on Tuesday, November 12th. The company reported $0.74 earnings per share for the quarter, missing the consensus estimate of $0.75 by ($0.01). TreeHouse Foods had a positive return on equity of 5.94% and a negative net margin of 0.72%. The company had revenue of $854.40 million for the quarter, compared to analyst estimates of $881.15 million. During the same period in the prior year, the business earned $0.57 earnings per share. TreeHouse Foods's revenue for the quarter was down 1.0% compared to the same quarter last year. On average, sell-side analysts forecast that TreeHouse Foods, Inc. will post 1.96 EPS for the current fiscal year.

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.