State of New Jersey Common Pension Fund D Acquires 14,632 Shares of TreeHouse Foods, Inc. (NYSE:THS)

State of New Jersey Common Pension Fund D lifted its stake in TreeHouse Foods, Inc. (NYSE:THS - Free Report) by 30.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 62,568 shares of the company's stock after acquiring an additional 14,632 shares during the period. State of New Jersey Common Pension Fund D owned 0.12% of TreeHouse Foods worth $2,198,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently made changes to their positions in the company. Signaturefd LLC lifted its stake in TreeHouse Foods by 42.1% during the third quarter. Signaturefd LLC now owns 999 shares of the company's stock valued at $42,000 after purchasing an additional 296 shares during the last quarter. Blue Trust Inc. raised its holdings in shares of TreeHouse Foods by 456.7% during the fourth quarter. Blue Trust Inc. now owns 1,119 shares of the company's stock valued at $39,000 after acquiring an additional 918 shares during the period. KBC Group NV raised its holdings in shares of TreeHouse Foods by 40.9% during 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 period. Oppenheimer Asset Management Inc. acquired a new stake in shares of TreeHouse Foods during the third quarter valued at approximately $218,000. Finally, International Assets Investment Management LLC raised its holdings in shares of TreeHouse Foods by 4,097.7% during the third quarter. International Assets Investment Management LLC now owns 5,457 shares of the company's stock valued at $229,000 after acquiring an additional 5,327 shares during the period. 99.81% of the stock is owned by institutional investors and hedge funds.

TreeHouse Foods Stock Performance

Shares of NYSE:THS traded up $0.96 during midday trading on Monday, hitting $31.54. The company's stock had a trading volume of 847,096 shares, compared to its average volume of 653,935. The stock has a market capitalization of $1.58 billion, a price-to-earnings ratio of 58.40 and a beta of 0.22. The stock's 50 day simple moving average is $33.98 and its 200 day simple moving average is $36.91. TreeHouse Foods, Inc. has a fifty-two week low of $28.04 and a fifty-two week high of $43.84. The company has a debt-to-equity ratio of 0.90, a quick ratio of 0.63 and a current ratio of 1.36.

TreeHouse Foods (NYSE:THS - Get Free Report) last released its 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 net margin of 0.80% and a return on equity of 6.42%. The company had revenue of $905.70 million during the quarter, compared to the consensus estimate of $907.71 million. During the same quarter in the previous year, the business posted $0.77 EPS. The firm's quarterly revenue was down .5% on a year-over-year basis. As a group, research analysts anticipate that TreeHouse Foods, Inc. will post 1.94 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on the stock. Consumer Edge lowered shares of TreeHouse Foods from an "overweight" rating to an "equal weight" rating in a report on Friday, November 15th. Jefferies Financial Group cut 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. Stifel Nicolaus upped their price objective on shares of TreeHouse Foods from $32.00 to $35.00 and gave the company a "hold" rating in a research note on Friday, January 24th. Truist Financial lowered their target price on shares of TreeHouse Foods from $35.00 to $30.00 and set a "hold" rating on the stock in a research report on Wednesday, November 13th. Finally, StockNews.com raised shares of TreeHouse Foods from a "sell" rating to a "hold" rating in a research report on Tuesday, February 18th. Eight research analysts have rated the stock with a hold rating, According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus price target of $34.83.

TreeHouse Foods 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.