SG Americas Securities LLC Sells 12,000 Shares of TreeHouse Foods, Inc. (NYSE:THS)

SG Americas Securities LLC reduced its position in shares of TreeHouse Foods, Inc. (NYSE:THS - Free Report) by 54.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 10,211 shares of the company's stock after selling 12,000 shares during the period. SG Americas Securities LLC's holdings in TreeHouse Foods were worth $359,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of THS. Signaturefd LLC lifted its position in shares of TreeHouse Foods by 42.1% in the third quarter. Signaturefd LLC now owns 999 shares of the company's stock worth $42,000 after purchasing an additional 296 shares in the last quarter. KBC Group NV lifted its stake 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 acquiring an additional 564 shares during the last quarter. GAMMA Investing LLC grew its position in shares of TreeHouse Foods by 95.1% in the 3rd quarter. GAMMA Investing LLC now owns 2,519 shares of the company's stock valued at $106,000 after acquiring an additional 1,228 shares during the period. Legacy Wealth Asset Management LLC bought a new position in TreeHouse Foods during the fourth quarter worth about $216,000. Finally, Oppenheimer Asset Management Inc. acquired a new stake in shares of TreeHouse Foods in the third quarter valued at approximately $218,000. Institutional investors and hedge funds own 99.81% of the company's stock.

TreeHouse Foods Price Performance

Shares of NYSE:THS traded down $0.10 during trading on Friday, hitting $33.93. 545,026 shares of the company were exchanged, compared to its average volume of 480,357. TreeHouse Foods, Inc. has a 1-year low of $28.04 and a 1-year high of $43.84. The company has a market capitalization of $1.74 billion, a P/E ratio of -72.19 and a beta of 0.22. 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 business's 50 day moving average is $34.34 and its 200-day moving average is $37.42.

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

Analysts Set New Price Targets

THS has been the subject of a number of research analyst reports. Truist Financial reduced their price objective on shares of TreeHouse Foods from $35.00 to $30.00 and set a "hold" rating for the company in a research report on Wednesday, November 13th. Barclays increased their price objective on TreeHouse Foods from $32.00 to $35.00 and gave the stock an "equal weight" rating in a research report on Friday, January 17th. StockNews.com upgraded shares of TreeHouse Foods from a "sell" rating to a "hold" rating in a research note on Thursday, January 23rd. Consumer Edge cut TreeHouse Foods from an "overweight" rating to an "equal weight" rating in a report on Friday, November 15th. Finally, Stifel Nicolaus increased their price objective on shares of TreeHouse Foods from $32.00 to $35.00 and gave the stock a "hold" rating in a research note on Friday, January 24th. Seven research analysts have rated the stock with a hold rating, Based on data from MarketBeat.com, TreeHouse Foods presently has an average rating of "Hold" and a consensus price target of $35.40.

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.