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

Leeward Investments LLC MA reduced its stake in TreeHouse Foods, Inc. (NYSE:THS) by 5.7% during the 4th quarter, Holdings Channel reports. The firm owned 589,293 shares of the company’s stock after selling 35,458 shares during the period. TreeHouse Foods makes up 1.0% of Leeward Investments LLC MA’s holdings, making the stock its 27th biggest holding. Leeward Investments LLC MA’s holdings in TreeHouse Foods were worth $20,702,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Rubric Capital Management LP bought a new position in TreeHouse Foods during the third quarter worth about $48,011,000. FMR LLC lifted its holdings in TreeHouse Foods by 28.1% during the third quarter. FMR LLC now owns 2,740,048 shares of the company’s stock worth $115,027,000 after acquiring an additional 600,723 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in TreeHouse Foods by 187.6% during the third quarter. JPMorgan Chase & Co. now owns 316,428 shares of the company’s stock worth $13,284,000 after acquiring an additional 206,411 shares in the last quarter. Chartwell Investment Partners LLC bought a new position in TreeHouse Foods during the third quarter worth about $8,042,000. Finally, Harbor Capital Advisors Inc. lifted its holdings in TreeHouse Foods by 68.2% during the third quarter. Harbor Capital Advisors Inc. now owns 304,969 shares of the company’s stock worth $12,803,000 after acquiring an additional 123,669 shares in the last quarter. 99.81% of the stock is currently owned by institutional investors.

TreeHouse Foods Price Performance

NYSE:THS opened at $30.55 on Friday. 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 stock’s 50-day simple moving average is $33.98 and its 200 day simple moving average is $36.92. The company has a market cap of $1.53 billion, a P/E ratio of 56.58 and a beta of 0.22. TreeHouse Foods, Inc. has a 52-week low of $28.04 and a 52-week high of $43.84.

TreeHouse Foods (NYSE:THS) last released its earnings results on Friday, February 14th. The company reported $0.95 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.97 by ($0.02). The company had revenue of $905.70 million during the quarter, compared to analyst estimates of $907.71 million. TreeHouse Foods had a net margin of 0.80% and a return on equity of 6.42%. TreeHouse Foods’s revenue was down .5% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.77 EPS. As a group, sell-side analysts forecast that TreeHouse Foods, Inc. will post 1.94 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several research firms have weighed in on THS. Truist Financial reduced their target price on TreeHouse Foods from $35.00 to $30.00 and set a “hold” rating on the stock in a report on Wednesday, November 13th. StockNews.com upgraded TreeHouse Foods from a “sell” rating to a “hold” rating in a report on Tuesday, February 18th. Barclays lifted their price target on TreeHouse Foods from $35.00 to $36.00 and gave the company an “equal weight” rating in a research note 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 on the stock in a research note on Tuesday, February 18th. Finally, Stifel Nicolaus lifted their price target on TreeHouse Foods from $32.00 to $35.00 and gave the company a “hold” rating in a research note on Friday, January 24th. Eight analysts have rated the stock with a hold rating, According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $34.83.

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.