TreeHouse Foods, Inc. (NYSE:THS) Shares Purchased by Natixis Advisors LLC

Natixis Advisors LLC lifted its position in shares of TreeHouse Foods, Inc. (NYSE:THS) by 3.9% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 86,010 shares of the company’s stock after acquiring an additional 3,262 shares during the period. Natixis Advisors LLC owned about 0.16% of TreeHouse Foods worth $3,611,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Canada Pension Plan Investment Board bought a new position in TreeHouse Foods during the 2nd quarter worth $37,000. Signaturefd LLC increased its holdings in shares of TreeHouse Foods by 42.1% during the third quarter. Signaturefd LLC now owns 999 shares of the company’s stock valued at $42,000 after purchasing an additional 296 shares during the period. Innealta Capital LLC bought a new stake in shares of TreeHouse Foods during the 2nd quarter worth about $44,000. GAMMA Investing LLC raised its holdings in TreeHouse Foods by 304.7% during the second quarter. GAMMA Investing LLC now owns 1,291 shares of the company’s stock worth $47,000 after purchasing an additional 972 shares in the last quarter. Finally, Rothschild Investment LLC acquired a new stake in TreeHouse Foods in the second quarter worth approximately $67,000. 99.81% of the stock is currently owned by institutional investors.

TreeHouse Foods Stock Performance

THS opened at $35.55 on Friday. The stock’s 50 day moving average price is $38.76 and its two-hundred day moving average price is $38.12. TreeHouse Foods, Inc. has a 12-month low of $28.04 and a 12-month high of $43.84. The company has a quick ratio of 0.53, a current ratio of 1.40 and a debt-to-equity ratio of 0.90. The firm has a market capitalization of $1.82 billion, a P/E ratio of -75.64 and a beta of 0.23.

TreeHouse Foods (NYSE:THS) last released its quarterly earnings data on Tuesday, November 12th. The company reported $0.74 earnings per share for the quarter, missing the consensus estimate of $0.75 by ($0.01). TreeHouse Foods had a negative net margin of 0.72% and a positive return on equity of 5.94%. The company had revenue of $854.40 million during the quarter, compared to the consensus estimate of $881.15 million. During the same quarter in the prior year, the company posted $0.57 earnings per share. The company’s revenue for the quarter was down 1.0% on a year-over-year basis. On average, equities analysts forecast that TreeHouse Foods, Inc. will post 2.08 earnings per share for the current year.

Insider Buying and Selling

In related news, EVP Kristy N. Waterman sold 3,000 shares of the business’s stock in a transaction that occurred on Monday, August 26th. The shares were sold at an average price of $42.34, for a total value of $127,020.00. Following the completion of the transaction, the executive vice president now owns 20,784 shares in the company, valued at $879,994.56. The trade was a 12.61 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 0.90% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

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

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.