TreeHouse Foods, Inc. (NYSE:THS) Stock Holdings Cut by Leeward Investments LLC MA

Leeward Investments LLC MA lowered its stake in shares of TreeHouse Foods, Inc. (NYSE:THS - Free Report) by 8.9% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 624,751 shares of the company's stock after selling 60,916 shares during the quarter. TreeHouse Foods accounts for 1.2% of Leeward Investments LLC MA's investment portfolio, making the stock its 18th largest holding. Leeward Investments LLC MA owned 1.19% of TreeHouse Foods worth $26,227,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also bought and sold shares of THS. Canada Pension Plan Investment Board bought a new stake in shares of TreeHouse Foods during the 2nd quarter valued at $37,000. Signaturefd LLC lifted its stake in TreeHouse Foods by 42.1% in the third quarter. Signaturefd LLC now owns 999 shares of the company's stock worth $42,000 after acquiring an additional 296 shares during the period. Innealta Capital LLC bought a new stake in TreeHouse Foods during the 2nd quarter valued at approximately $44,000. GAMMA Investing LLC boosted its position in TreeHouse Foods by 304.7% during the 2nd quarter. GAMMA Investing LLC now owns 1,291 shares of the company's stock valued at $47,000 after acquiring an additional 972 shares in the last quarter. Finally, Central Pacific Bank Trust Division bought a new stake in shares of TreeHouse Foods in the 1st quarter worth approximately $48,000. Hedge funds and other institutional investors own 99.81% of the company's stock.

TreeHouse Foods Stock Performance

NYSE:THS traded down $0.22 during mid-day trading on Thursday, reaching $37.95. 678,333 shares of the stock were exchanged, compared to its average volume of 489,792. The company has a 50 day simple moving average of $40.46 and a 200-day simple moving average of $38.32. The stock has a market capitalization of $2.00 billion, a P/E ratio of -141.37 and a beta of 0.23. The company has a quick ratio of 0.52, a current ratio of 1.44 and a debt-to-equity ratio of 0.90. TreeHouse Foods, Inc. has a 1 year low of $33.28 and a 1 year high of $43.84.

TreeHouse Foods (NYSE:THS - Get Free Report) last posted its quarterly earnings results on Monday, August 5th. The company reported $0.29 EPS for the quarter, beating the consensus estimate of $0.13 by $0.16. The business had revenue of $788.50 million during the quarter, compared to analysts' expectations of $784.10 million. TreeHouse Foods had a positive return on equity of 5.42% and a negative net margin of 0.41%. The company's quarterly revenue was down 1.9% compared to the same quarter last year. During the same period last year, the firm earned $0.42 EPS. Analysts anticipate that TreeHouse Foods, Inc. will post 2.34 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

THS has been the subject of a number of research reports. Barclays boosted their target price on shares of TreeHouse Foods from $36.00 to $39.00 and gave the company an "equal weight" rating in a research note on Tuesday, August 6th. Mizuho raised their target price on shares of TreeHouse Foods from $37.00 to $40.00 and gave the stock a "neutral" rating in a research report on Monday, August 26th. StockNews.com upgraded shares of TreeHouse Foods from a "sell" rating to a "hold" rating in a research note on Tuesday, August 6th. Finally, Stifel Nicolaus raised their target price on shares of TreeHouse Foods from $36.00 to $41.00 and gave the company a "hold" rating in a research note on Tuesday, August 6th. Six equities research analysts have rated the stock with a hold rating, Based on data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus target price of $38.40.

Insiders Place Their Bets

In related news, EVP Kristy N. Waterman sold 3,000 shares of TreeHouse Foods stock in a transaction on Monday, August 26th. The stock was sold at an average price of $42.34, for a total value of $127,020.00. Following the transaction, the executive vice president now owns 20,784 shares in the company, valued at approximately $879,994.56. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.90% of the stock is currently owned by company insiders.

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.