Leeward Investments LLC MA Sells 35,458 Shares of TreeHouse Foods, Inc. (NYSE:THS)

Leeward Investments LLC MA decreased its holdings in shares of TreeHouse Foods, Inc. (NYSE:THS) by 5.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 589,293 shares of the company’s stock after selling 35,458 shares during the quarter. TreeHouse Foods comprises approximately 1.0% of Leeward Investments LLC MA’s holdings, making the stock its 27th largest position. Leeward Investments LLC MA owned about 1.15% of TreeHouse Foods worth $20,702,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the business. Principal Financial Group Inc. boosted its stake in TreeHouse Foods by 1.5% during the 4th quarter. Principal Financial Group Inc. now owns 223,522 shares of the company’s stock valued at $7,852,000 after purchasing an additional 3,238 shares during the period. State of New Jersey Common Pension Fund D boosted its stake in TreeHouse Foods by 30.5% during the 4th quarter. State of New Jersey Common Pension Fund D now owns 62,568 shares of the company’s stock valued at $2,198,000 after purchasing an additional 14,632 shares during the period. Blue Trust Inc. raised its holdings in TreeHouse Foods by 756.7% in the 4th quarter. Blue Trust Inc. now owns 1,722 shares of the company’s stock valued at $60,000 after acquiring an additional 1,521 shares in the last quarter. Entropy Technologies LP acquired a new position in TreeHouse Foods in the 4th quarter valued at approximately $333,000. Finally, KBC Group NV raised its holdings in shares of TreeHouse Foods by 45.1% in the 4th quarter. KBC Group NV now owns 2,820 shares of the company’s stock worth $99,000 after buying an additional 877 shares in the last quarter. Institutional investors own 99.81% of the company’s stock.

TreeHouse Foods Stock Up 0.1 %

Shares of THS opened at $30.55 on Friday. The firm has a market capitalization of $1.53 billion, a price-to-earnings ratio of 56.58 and a beta of 0.22. The company has a debt-to-equity ratio of 0.90, a quick ratio of 0.63 and a current ratio of 1.36. The business’s fifty day moving average price is $33.98 and its two-hundred day moving average price is $36.92. TreeHouse Foods, Inc. has a 52 week low of $28.04 and a 52 week high of $43.84.

TreeHouse Foods (NYSE:THS) last announced its quarterly earnings data on Friday, February 14th. The company reported $0.95 EPS for the quarter, missing analysts’ consensus estimates of $0.97 by ($0.02). The firm had revenue of $905.70 million during the quarter, compared to the consensus estimate of $907.71 million. TreeHouse Foods had a net margin of 0.80% and a return on equity of 6.42%. The firm’s quarterly revenue was down .5% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.77 earnings per share. On average, analysts predict that TreeHouse Foods, Inc. will post 1.94 earnings per share for the current year.

Analysts Set New Price Targets

A number of research firms recently weighed in on THS. StockNews.com raised TreeHouse Foods from a “sell” rating to a “hold” rating in a report on Tuesday, February 18th. Jefferies Financial Group dropped their price target on TreeHouse Foods from $37.00 to $31.00 and set a “hold” rating for the company in a report on Tuesday, February 18th. Barclays raised their price target on TreeHouse Foods from $35.00 to $36.00 and gave the company an “equal weight” rating in a report on Tuesday, February 18th. Truist Financial dropped their price target on TreeHouse Foods from $35.00 to $30.00 and set a “hold” rating for the company in a report on Wednesday, November 13th. Finally, Consumer Edge cut TreeHouse Foods from an “overweight” rating to an “equal weight” rating in a report on Friday, November 15th. Eight research analysts have rated the stock with a hold rating, According to data from MarketBeat, TreeHouse Foods has a consensus rating of “Hold” and an average target price of $34.83.

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.