TreeHouse Foods, Inc. (NYSE:THS) Shares Sold by State of New Jersey Common Pension Fund D

State of New Jersey Common Pension Fund D lowered its position in shares of TreeHouse Foods, Inc. (NYSE:THS) by 32.4% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 51,969 shares of the company’s stock after selling 24,881 shares during the period. State of New Jersey Common Pension Fund D owned 0.10% of TreeHouse Foods worth $1,904,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of THS. UBS Group AG boosted its stake in TreeHouse Foods by 701.4% in the fourth quarter. UBS Group AG now owns 571,535 shares of the company’s stock valued at $23,690,000 after acquiring an additional 500,215 shares in the last quarter. Capital Research Global Investors raised its holdings in shares of TreeHouse Foods by 52.6% in the first quarter. Capital Research Global Investors now owns 950,372 shares of the company’s stock valued at $37,017,000 after buying an additional 327,448 shares during the last quarter. Norges Bank purchased a new stake in shares of TreeHouse Foods in the fourth quarter valued at about $13,547,000. New South Capital Management Inc. raised its holdings in shares of TreeHouse Foods by 29.0% in the first quarter. New South Capital Management Inc. now owns 1,120,149 shares of the company’s stock valued at $43,630,000 after buying an additional 251,886 shares during the last quarter. Finally, Harbor Capital Advisors Inc. raised its holdings in shares of TreeHouse Foods by 382.7% in the second quarter. Harbor Capital Advisors Inc. now owns 181,300 shares of the company’s stock valued at $6,643,000 after buying an additional 143,739 shares during the last quarter. Institutional investors and hedge funds own 99.81% of the company’s stock.

Insider Activity

In other news, EVP Kristy N. Waterman sold 3,000 shares of the 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 sale, the executive vice president now directly owns 20,784 shares in the company, valued at $879,994.56. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.90% of the company’s stock.

Wall Street Analyst Weigh In

THS has been the subject of a number of research reports. Stifel Nicolaus upped their target price on shares of TreeHouse Foods from $36.00 to $41.00 and gave the company a “hold” rating in a report on Tuesday, August 6th. StockNews.com raised shares of TreeHouse Foods from a “sell” rating to a “hold” rating in a report on Tuesday, August 6th. Barclays upped their target price on shares of TreeHouse Foods from $36.00 to $39.00 and gave the company an “equal weight” rating in a report on Tuesday, August 6th. Finally, Mizuho increased their price target on shares of TreeHouse Foods from $37.00 to $40.00 and gave the stock a “neutral” rating in a report on Monday, August 26th. Seven investment analysts have rated the stock with a hold rating, According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $40.00.

TreeHouse Foods Trading Up 0.2 %

Shares of TreeHouse Foods stock opened at $41.94 on Monday. TreeHouse Foods, Inc. has a 12-month low of $33.28 and a 12-month high of $46.44. The company has a current ratio of 1.44, a quick ratio of 0.52 and a debt-to-equity ratio of 0.90. The stock has a market cap of $2.21 billion, a PE ratio of 91.18 and a beta of 0.22. The company has a 50-day moving average of $39.98 and a two-hundred day moving average of $37.78.

TreeHouse Foods (NYSE:THS) last released its quarterly earnings results on Monday, August 5th. The company reported $0.29 EPS for the quarter, beating the consensus estimate of $0.13 by $0.16. The business had revenue of $788.50 million for the quarter, compared to analyst estimates of $784.10 million. TreeHouse Foods had a negative net margin of 0.41% and a positive return on equity of 5.42%. The company’s quarterly revenue was down 1.9% on a year-over-year basis. During the same period in the prior year, the business earned $0.42 earnings per share. On average, research analysts anticipate that TreeHouse Foods, Inc. will post 2.34 EPS for the current fiscal 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.