TreeHouse Foods (NYSE:THS) Trading Down 5.7% - Time to Sell?

TreeHouse Foods, Inc. (NYSE:THS - Get Free Report)'s share price fell 5.7% during mid-day trading on Wednesday . The company traded as low as $28.89 and last traded at $28.85. 83,224 shares were traded during mid-day trading, a decline of 84% from the average session volume of 536,726 shares. The stock had previously closed at $30.59.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on THS. Jefferies Financial Group reduced their target price 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. StockNews.com raised shares of TreeHouse Foods from a "sell" rating to a "hold" rating in a research report on Tuesday, February 18th. Barclays boosted their target price on shares of TreeHouse Foods from $35.00 to $36.00 and gave the company an "equal weight" rating in a research report on Tuesday, February 18th. Finally, Stifel Nicolaus boosted their target price on shares of TreeHouse Foods from $32.00 to $35.00 and gave the company a "hold" rating in a research report on Friday, January 24th. Eight equities research analysts have rated the stock with a hold rating, Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average target price of $34.83.

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TreeHouse Foods Stock Performance

The firm has a market cap of $1.41 billion, a price-to-earnings ratio of 51.97 and a beta of 0.15. The stock has a 50 day moving average of $32.78 and a 200 day moving average of $35.99. The company has a quick ratio of 0.63, a current ratio of 1.36 and a debt-to-equity ratio of 0.90.

TreeHouse Foods (NYSE:THS - Get Free Report) last issued its earnings results on Friday, February 14th. The company reported $0.95 EPS for the quarter, missing the consensus estimate of $0.97 by ($0.02). The business had revenue of $905.70 million for the quarter, compared to analyst estimates of $907.71 million. TreeHouse Foods had a return on equity of 6.42% and a net margin of 0.80%. The firm's revenue was down .5% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.77 EPS. As a group, analysts anticipate that TreeHouse Foods, Inc. will post 1.94 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of THS. Pullen Investment Management LLC increased its stake in shares of TreeHouse Foods by 83.4% in the fourth quarter. Pullen Investment Management LLC now owns 44,646 shares of the company's stock valued at $1,568,000 after buying an additional 20,304 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in shares of TreeHouse Foods by 10.1% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 117,296 shares of the company's stock valued at $4,121,000 after buying an additional 10,746 shares during the period. Voloridge Investment Management LLC acquired a new position in shares of TreeHouse Foods in the fourth quarter valued at approximately $5,613,000. Vident Advisory LLC acquired a new position in shares of TreeHouse Foods in the fourth quarter valued at approximately $223,000. Finally, Two Sigma Advisers LP acquired a new position in shares of TreeHouse Foods in the fourth quarter valued at approximately $696,000. Institutional investors and hedge funds own 99.81% of the company's stock.

About TreeHouse Foods

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.