TreeHouse Foods, Inc. (NYSE:THS) Shares Acquired by Quest Partners LLC

Quest Partners LLC boosted its position in TreeHouse Foods, Inc. (NYSE:THS) by 198.1% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 10,098 shares of the company’s stock after purchasing an additional 6,711 shares during the period. Quest Partners LLC’s holdings in TreeHouse Foods were worth $424,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently added to or reduced their stakes in the company. Shapiro Capital Management LLC boosted its stake in shares of TreeHouse Foods by 22.0% in the second quarter. Shapiro Capital Management LLC now owns 1,587,415 shares of the company’s stock valued at $58,163,000 after buying an additional 286,770 shares in the last quarter. New South Capital Management Inc. boosted its position in shares of TreeHouse Foods by 22.4% during the 2nd quarter. New South Capital Management Inc. now owns 1,370,548 shares of the company’s stock worth $50,217,000 after purchasing an additional 250,399 shares in the last quarter. Armistice Capital LLC grew its stake in shares of TreeHouse Foods by 12.2% during the 2nd quarter. Armistice Capital LLC now owns 783,000 shares of the company’s stock worth $28,689,000 after purchasing an additional 85,000 shares during the period. Leeward Investments LLC MA increased its holdings in shares of TreeHouse Foods by 1.2% in the 2nd quarter. Leeward Investments LLC MA now owns 685,667 shares of the company’s stock valued at $25,123,000 after purchasing an additional 7,879 shares in the last quarter. Finally, TD Asset Management Inc lifted its stake in shares of TreeHouse Foods by 7.3% in the second quarter. TD Asset Management Inc now owns 478,944 shares of the company’s stock valued at $17,549,000 after purchasing an additional 32,600 shares during the period. Hedge funds and other institutional investors own 99.81% of the company’s stock.

TreeHouse Foods Stock Up 0.6 %

THS opened at $35.55 on Monday. The business’s fifty day simple moving average is $38.76 and its 200 day simple moving average is $38.16. TreeHouse Foods, Inc. has a 52 week low of $28.04 and a 52 week high of $43.84. The firm has a market cap of $1.82 billion, a P/E ratio of -75.64 and a beta of 0.23. The company has a quick ratio of 0.53, a current ratio of 1.40 and a debt-to-equity ratio of 0.90.

TreeHouse Foods (NYSE:THS) last issued its quarterly earnings results on Tuesday, November 12th. The company reported $0.74 EPS for the quarter, missing analysts’ consensus estimates of $0.75 by ($0.01). The firm had revenue of $854.40 million for the quarter, compared to analysts’ expectations of $881.15 million. TreeHouse Foods had a positive return on equity of 5.94% and a negative net margin of 0.72%. The business’s quarterly revenue was down 1.0% compared to the same quarter last year. During the same quarter last year, the firm earned $0.57 earnings per share. As a group, equities research analysts anticipate that TreeHouse Foods, Inc. will post 2.08 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

THS has been the subject of a number of research analyst reports. Stifel Nicolaus dropped their target price on shares of TreeHouse Foods from $41.00 to $32.00 and set a “hold” rating for the company in a report on Wednesday, November 13th. StockNews.com raised TreeHouse Foods from a “sell” rating to a “hold” rating in a research note on Tuesday, August 6th. Consumer Edge downgraded TreeHouse Foods from an “overweight” rating to an “equal weight” rating in a research report on Friday, November 15th. Barclays dropped their price target on TreeHouse Foods from $39.00 to $32.00 and set an “equal weight” rating for the company in a research report on Wednesday, November 13th. Finally, Truist Financial decreased their price objective on shares of TreeHouse Foods from $35.00 to $30.00 and set a “hold” rating on the stock in a research report on Wednesday, November 13th. Seven analysts have rated the stock with a hold rating, According to MarketBeat.com, TreeHouse Foods has an average rating of “Hold” and an average price target of $34.20.

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.