International Assets Investment Management LLC Acquires 5,327 Shares of TreeHouse Foods, Inc. (NYSE:THS)

International Assets Investment Management LLC increased its holdings in shares of TreeHouse Foods, Inc. (NYSE:THS) by 4,097.7% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 5,457 shares of the company’s stock after purchasing an additional 5,327 shares during the quarter. International Assets Investment Management LLC’s holdings in TreeHouse Foods were worth $229,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Capital Research Global Investors lifted its holdings in shares of TreeHouse Foods by 52.6% during the first quarter. Capital Research Global Investors now owns 950,372 shares of the company’s stock valued at $37,017,000 after purchasing an additional 327,448 shares in the last quarter. New South Capital Management Inc. lifted its holdings in shares of TreeHouse Foods by 29.0% during 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 purchasing an additional 251,886 shares in the last quarter. Legato Capital Management LLC lifted its holdings in shares of TreeHouse Foods by 38.1% during the second quarter. Legato Capital Management LLC now owns 24,154 shares of the company’s stock valued at $885,000 after purchasing an additional 6,666 shares in the last quarter. TD Asset Management Inc lifted its holdings in shares of TreeHouse Foods by 7.3% during 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 in the last quarter. Finally, Shapiro Capital Management LLC lifted its holdings in shares of TreeHouse Foods by 22.0% during the second quarter. Shapiro Capital Management LLC now owns 1,587,415 shares of the company’s stock valued at $58,163,000 after purchasing an additional 286,770 shares in the last quarter. 99.81% of the stock is owned by institutional investors.

TreeHouse Foods Stock Up 3.0 %

TreeHouse Foods stock opened at $38.17 on Thursday. The stock has a market cap of $2.01 billion, a PE ratio of -141.37 and a beta of 0.23. The company has a debt-to-equity ratio of 0.90, a quick ratio of 0.52 and a current ratio of 1.44. TreeHouse Foods, Inc. has a one year low of $33.28 and a one year high of $43.84. The stock has a fifty day moving average of $40.46 and a 200 day moving average of $38.32.

TreeHouse Foods (NYSE:THS) last issued its quarterly earnings results on Monday, August 5th. The company reported $0.29 EPS for the quarter, topping analysts’ consensus estimates of $0.13 by $0.16. The business had revenue of $788.50 million during the quarter, compared to analysts’ expectations of $784.10 million. TreeHouse Foods had a positive return on equity of 5.42% and a negative net margin of 0.41%. The business’s quarterly revenue was down 1.9% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.42 earnings per share. As a group, sell-side analysts predict that TreeHouse Foods, Inc. will post 2.34 EPS for the current year.

Analyst Ratings Changes

A number of research analysts have recently issued reports on the company. Stifel Nicolaus upped their price target on TreeHouse Foods from $36.00 to $41.00 and gave the company a “hold” rating in a report on Tuesday, August 6th. Mizuho upped their price objective on TreeHouse Foods from $37.00 to $40.00 and gave the company a “neutral” rating in a research report on Monday, August 26th. StockNews.com upgraded TreeHouse Foods from a “sell” rating to a “hold” rating in a research report on Tuesday, August 6th. Finally, Barclays upped their price objective on TreeHouse Foods from $36.00 to $39.00 and gave the company an “equal weight” rating in a research report on Tuesday, August 6th. Six investment analysts have rated the stock with a hold rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $38.40.

Insiders Place Their Bets

In other TreeHouse Foods news, EVP Kristy N. Waterman sold 3,000 shares of the company’s stock in a transaction dated Monday, August 26th. The stock was sold at an average price of $42.34, for a total value of $127,020.00. Following the completion of the sale, the executive vice president now owns 20,784 shares in the company, valued at $879,994.56. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Company insiders own 0.90% of the company’s stock.

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.