Vanguard Group Inc. Lowers Stock Holdings in TreeHouse Foods, Inc. (NYSE:THS)

Vanguard Group Inc. cut its holdings in shares of TreeHouse Foods, Inc. (NYSE:THS - Free Report) by 1.2% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 5,495,586 shares of the company's stock after selling 69,485 shares during the quarter. Vanguard Group Inc. owned 10.73% of TreeHouse Foods worth $193,060,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Raymond James Financial Inc. acquired a new stake in shares of TreeHouse Foods in the fourth quarter valued at $10,362,000. JPMorgan Chase & Co. increased its holdings in TreeHouse Foods by 187.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 316,428 shares of the company's stock worth $13,284,000 after purchasing an additional 206,411 shares during the period. Roberts Wealth Advisors LLC raised its position in TreeHouse Foods by 297.4% in the 4th quarter. Roberts Wealth Advisors LLC now owns 85,256 shares of the company's stock valued at $2,858,000 after purchasing an additional 63,804 shares in the last quarter. Jane Street Group LLC boosted its stake in shares of TreeHouse Foods by 37.7% in the 3rd quarter. Jane Street Group LLC now owns 124,173 shares of the company's stock valued at $5,213,000 after buying an additional 33,978 shares during the period. Finally, Charles Schwab Investment Management Inc. grew its position in shares of TreeHouse Foods by 3.8% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 901,064 shares of the company's stock worth $31,654,000 after buying an additional 32,613 shares in the last quarter. Hedge funds and other institutional investors own 99.81% of the company's stock.

Wall Street Analysts Forecast Growth

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

TreeHouse Foods Stock Performance

NYSE THS traded up $1.47 during trading hours on Friday, hitting $23.12. The company had a trading volume of 1,453,684 shares, compared to its average volume of 570,867. The business has a 50 day moving average of $28.87 and a 200-day moving average of $33.57. The company has a market cap of $1.16 billion, a PE ratio of 42.81 and a beta of 0.40. TreeHouse Foods, Inc. has a 1-year low of $21.00 and a 1-year 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 announced its earnings results on Friday, February 14th. The company reported $0.95 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.97 by ($0.02). TreeHouse Foods had a net margin of 0.80% and a return on equity of 6.42%. The firm had revenue of $905.70 million during the quarter, compared to analyst estimates of $907.71 million. During the same period last year, the company earned $0.77 earnings per share. The firm's revenue for the quarter was down .5% compared to the same quarter last year. As a group, equities research analysts expect that TreeHouse Foods, Inc. will post 1.94 EPS for the current 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.