William Blair Investment Management LLC Purchases 17,225 Shares of TreeHouse Foods, Inc. (NYSE:THS)

William Blair Investment Management LLC grew its stake in shares of TreeHouse Foods, Inc. (NYSE:THS - Free Report) by 2.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 898,536 shares of the company's stock after purchasing an additional 17,225 shares during the period. William Blair Investment Management LLC owned approximately 1.75% of TreeHouse Foods worth $31,566,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Blue Trust Inc. boosted its stake in TreeHouse Foods by 456.7% during the fourth quarter. Blue Trust Inc. now owns 1,119 shares of the company's stock worth $39,000 after acquiring an additional 918 shares in the last quarter. KBC Group NV boosted its stake in TreeHouse Foods by 40.9% during the third quarter. KBC Group NV now owns 1,943 shares of the company's stock worth $82,000 after acquiring an additional 564 shares in the last quarter. Legacy Wealth Asset Management LLC bought a new stake in TreeHouse Foods during the fourth quarter worth about $216,000. Oppenheimer Asset Management Inc. bought a new stake in TreeHouse Foods during the third quarter worth about $218,000. Finally, Entropy Technologies LP bought a new stake in TreeHouse Foods during the fourth quarter worth about $333,000. Institutional investors own 99.81% of the company's stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on THS shares. Barclays boosted their price objective on shares of TreeHouse Foods from $35.00 to $36.00 and gave the stock an "equal weight" rating in a research note on Tuesday, February 18th. Jefferies Financial Group dropped their price objective on shares of TreeHouse Foods from $37.00 to $31.00 and set a "hold" rating on the stock in a research note on Tuesday, February 18th. Stifel Nicolaus lifted their target price on shares of TreeHouse Foods from $32.00 to $35.00 and gave the stock a "hold" rating in a report on Friday, January 24th. Finally, StockNews.com raised shares of TreeHouse Foods from a "sell" rating to a "hold" rating in a report on Tuesday, February 18th. Eight equities research analysts have rated the stock with a hold rating, According to data from MarketBeat, the company currently has an average rating of "Hold" and an average price target of $34.83.

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TreeHouse Foods Stock Performance

Shares of THS traded down $0.10 during mid-day trading on Friday, hitting $26.27. 1,271,830 shares of the company traded hands, compared to its average volume of 538,853. The company has a debt-to-equity ratio of 0.90, a quick ratio of 0.63 and a current ratio of 1.36. The stock has a 50-day moving average price of $32.07 and a two-hundred day moving average price of $35.55. TreeHouse Foods, Inc. has a 1 year low of $26.14 and a 1 year high of $43.84. The stock has a market cap of $1.32 billion, a price-to-earnings ratio of 48.65 and a beta of 0.15.

TreeHouse Foods (NYSE:THS - Get Free Report) last released its quarterly earnings data on Friday, February 14th. The company reported $0.95 earnings per share 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 for the quarter, compared to analysts' expectations of $907.71 million. During the same period in the previous year, the firm earned $0.77 earnings per share. The firm's revenue for the quarter was down .5% on a year-over-year basis. Equities analysts anticipate that TreeHouse Foods, Inc. will post 1.94 earnings per share for the current year.

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.