Alliancebernstein L.P. Grows Holdings in TreeHouse Foods, Inc. (NYSE:THS)

Alliancebernstein L.P. boosted its holdings in shares of TreeHouse Foods, Inc. (NYSE:THS - Free Report) by 218.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 166,767 shares of the company's stock after acquiring an additional 114,380 shares during the period. Alliancebernstein L.P. owned about 0.33% of TreeHouse Foods worth $5,859,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also added to or reduced their stakes in the company. BNP Paribas Financial Markets increased its holdings in shares of TreeHouse Foods by 4.7% in the 3rd quarter. BNP Paribas Financial Markets now owns 10,657 shares of the company's stock valued at $447,000 after acquiring an additional 481 shares during the period. KBC Group NV raised its holdings in TreeHouse Foods by 45.1% in the fourth quarter. KBC Group NV now owns 2,820 shares of the company's stock worth $99,000 after purchasing an additional 877 shares in the last quarter. Blue Trust Inc. boosted its holdings in shares of TreeHouse Foods by 456.7% in the 4th quarter. Blue Trust Inc. now owns 1,119 shares of the company's stock valued at $39,000 after buying an additional 918 shares in the last quarter. CIBC Private Wealth Group LLC raised its stake in shares of TreeHouse Foods by 58.2% during the 4th quarter. CIBC Private Wealth Group LLC now owns 4,101 shares of the company's stock worth $142,000 after acquiring an additional 1,508 shares in the last quarter. Finally, Exchange Traded Concepts LLC grew its holdings in TreeHouse Foods by 4.3% in the fourth quarter. Exchange Traded Concepts LLC now owns 42,261 shares of the company's stock worth $1,485,000 after purchasing an additional 1,734 shares during the last quarter. Hedge funds and other institutional investors own 99.81% of the company's stock.

Analyst Upgrades and Downgrades

THS has been the topic of several research analyst reports. Stifel Nicolaus dropped their target price on TreeHouse Foods from $35.00 to $26.00 and set a "hold" rating on the stock in a research note on Friday, April 11th. StockNews.com raised TreeHouse Foods from a "sell" rating to a "hold" rating in a report on Tuesday, February 18th. Jefferies Financial Group reduced their price target on shares of TreeHouse Foods from $37.00 to $31.00 and set a "hold" rating for the company in a research report on Tuesday, February 18th. TD Cowen lowered their price target on shares of TreeHouse Foods from $32.00 to $27.00 and set a "hold" rating on the stock in a report on Friday, April 11th. Finally, Barclays boosted their price objective on TreeHouse Foods from $35.00 to $36.00 and gave the company an "equal weight" rating in a report on Tuesday, February 18th. Eight investment analysts have rated the stock with a hold rating, Based on data from MarketBeat.com, TreeHouse Foods currently has an average rating of "Hold" and a consensus price target of $31.67.

TreeHouse Foods Price Performance

Shares of NYSE:THS traded up $0.35 during midday trading on Thursday, reaching $22.04. 316,778 shares of the company's stock traded hands, compared to its average volume of 574,470. The company has a market cap of $1.11 billion, a P/E ratio of 40.83 and a beta of 0.40. The company has a fifty day simple moving average of $28.17 and a two-hundred day simple moving average of $33.22. 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, Inc. has a 1 year low of $21.46 and a 1 year high of $43.84.

TreeHouse Foods (NYSE:THS - Get Free Report) last announced its earnings results on Friday, February 14th. The company reported $0.95 earnings per share (EPS) 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 analyst estimates of $907.71 million. During the same quarter last year, the business earned $0.77 EPS. The firm's revenue for the quarter was down .5% compared to the same quarter last year. Equities analysts predict that TreeHouse Foods, Inc. will post 1.94 EPS for the current fiscal year.

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.