Trexquant Investment LP Makes New $2.24 Million Investment in TreeHouse Foods, Inc. (NYSE:THS)

Trexquant Investment LP purchased a new stake in TreeHouse Foods, Inc. (NYSE:THS - Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 63,835 shares of the company's stock, valued at approximately $2,243,000. Trexquant Investment LP owned about 0.12% of TreeHouse Foods at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. BNP Paribas Financial Markets boosted its stake in shares of TreeHouse Foods by 4.7% during the 3rd quarter. BNP Paribas Financial Markets now owns 10,657 shares of the company's stock worth $447,000 after acquiring an additional 481 shares during the period. HighTower Advisors LLC lifted its holdings in TreeHouse Foods by 90.8% during the 3rd quarter. HighTower Advisors LLC now owns 11,374 shares of the company's stock valued at $488,000 after purchasing an additional 5,413 shares during the last quarter. Jane Street Group LLC boosted its position in TreeHouse Foods by 37.7% during the third quarter. Jane Street Group LLC now owns 124,173 shares of the company's stock worth $5,213,000 after purchasing an additional 33,978 shares during the period. Barclays PLC increased its holdings in shares of TreeHouse Foods by 7.0% in the third quarter. Barclays PLC now owns 337,657 shares of the company's stock valued at $14,175,000 after purchasing an additional 21,951 shares during the last quarter. Finally, JPMorgan Chase & Co. raised its position in shares of TreeHouse Foods by 187.6% in the third quarter. JPMorgan Chase & Co. now owns 316,428 shares of the company's stock valued at $13,284,000 after purchasing an additional 206,411 shares during the period. Institutional investors own 99.81% of the company's stock.

TreeHouse Foods Price Performance

TreeHouse Foods stock traded up $1.47 during mid-day trading on Friday, reaching $23.12. 1,453,684 shares of the company were exchanged, compared to its average volume of 570,867. The firm has a market cap of $1.16 billion, a PE ratio of 42.81 and a beta of 0.40. The company has a debt-to-equity ratio of 0.90, a current ratio of 1.36 and a quick ratio of 0.63. The company has a fifty day simple moving average of $28.87 and a 200-day simple moving average of $33.57. TreeHouse Foods, Inc. has a 12 month low of $21.46 and a 12 month high of $43.84.

TreeHouse Foods (NYSE:THS - Get Free Report) last issued its quarterly earnings results on Friday, February 14th. The company reported $0.95 EPS for the quarter, missing analysts' consensus estimates of $0.97 by ($0.02). TreeHouse Foods had a return on equity of 6.42% and a net margin of 0.80%. 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 revenue for the quarter was down .5% on a year-over-year basis. As a group, equities research analysts expect that TreeHouse Foods, Inc. will post 1.94 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several analysts recently commented on the stock. TD Cowen reduced their target price on shares of TreeHouse Foods from $32.00 to $27.00 and set a "hold" rating for the company in a report on Friday. Jefferies Financial Group decreased their target price on TreeHouse Foods from $37.00 to $31.00 and set a "hold" rating on the stock in a research report on Tuesday, February 18th. Stifel Nicolaus lowered 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. Barclays boosted their price target on TreeHouse Foods from $35.00 to $36.00 and gave the company an "equal weight" rating in a research note on Tuesday, February 18th. Finally, StockNews.com upgraded TreeHouse Foods from a "sell" rating to a "hold" rating in a research report on Tuesday, February 18th. Eight analysts have rated the stock with a hold rating, According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus target price of $31.67.

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.