Blair William & Co. IL Has $15.67 Million Stock Position in TreeHouse Foods, Inc. (NYSE:THS)

Blair William & Co. IL cut its stake in shares of TreeHouse Foods, Inc. (NYSE:THS) by 4.6% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 402,193 shares of the company’s stock after selling 19,489 shares during the period. Blair William & Co. IL owned about 0.75% of TreeHouse Foods worth $15,665,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of THS. Central Pacific Bank Trust Division acquired a new position in shares of TreeHouse Foods during the first quarter worth $48,000. GAMMA Investing LLC acquired a new position in shares of TreeHouse Foods during the fourth quarter worth $52,000. TFO Wealth Partners LLC increased its holdings in shares of TreeHouse Foods by 78,600.0% during the fourth quarter. TFO Wealth Partners LLC now owns 2,361 shares of the company’s stock worth $98,000 after buying an additional 2,358 shares in the last quarter. Quadrant Capital Group LLC increased its holdings in shares of TreeHouse Foods by 62.2% during the fourth quarter. Quadrant Capital Group LLC now owns 2,469 shares of the company’s stock worth $102,000 after buying an additional 947 shares in the last quarter. Finally, SG Americas Securities LLC increased its holdings in shares of TreeHouse Foods by 33.6% during the first quarter. SG Americas Securities LLC now owns 3,875 shares of the company’s stock worth $151,000 after buying an additional 975 shares in the last quarter. 99.81% of the stock is currently owned by institutional investors and hedge funds.

TreeHouse Foods Trading Down 1.4 %

THS traded down $0.52 during trading on Friday, reaching $37.86. 410,812 shares of the stock traded hands, compared to its average volume of 505,069. The company has a quick ratio of 0.66, a current ratio of 1.52 and a debt-to-equity ratio of 0.87. The stock has a market capitalization of $1.99 billion, a PE ratio of 82.30 and a beta of 0.24. The stock’s 50-day moving average is $36.33 and its 200 day moving average is $37.83. TreeHouse Foods, Inc. has a 12 month low of $33.28 and a 12 month high of $53.00.

TreeHouse Foods (NYSE:THS) last released its quarterly earnings data on Monday, May 6th. The company reported ($0.03) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.01). The company had revenue of $820.70 million for the quarter, compared to the consensus estimate of $798.44 million. TreeHouse Foods had a return on equity of 5.81% and a net margin of 0.76%. TreeHouse Foods’s revenue for the quarter was down 3.9% compared to the same quarter last year. During the same period last year, the company earned $0.68 EPS. Equities analysts anticipate that TreeHouse Foods, Inc. will post 2.26 earnings per share for the current year.

Insider Transactions at TreeHouse Foods

In other news, SVP Stephen Alan Landry sold 3,723 shares of the stock in a transaction dated Monday, May 13th. The shares were sold at an average price of $34.99, for a total transaction of $130,267.77. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Insiders own 0.90% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on the stock. StockNews.com cut shares of TreeHouse Foods from a “hold” rating to a “sell” rating in a research note on Wednesday, May 8th. TD Cowen reduced their price objective on shares of TreeHouse Foods from $38.00 to $37.00 and set a “hold” rating on the stock in a research note on Tuesday, May 7th. Barclays reduced their price objective on shares of TreeHouse Foods from $39.00 to $36.00 and set an “equal weight” rating on the stock in a research note on Wednesday, May 8th. Stifel Nicolaus reduced their price objective on shares of TreeHouse Foods from $38.00 to $36.00 and set a “hold” rating on the stock in a research note on Tuesday, May 7th. Finally, Mizuho began coverage on shares of TreeHouse Foods in a research note on Thursday, June 6th. They issued a “neutral” rating and a $37.00 price objective on the stock. One analyst has rated the stock with a sell rating and six have issued a hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $38.17.

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.