Jaffetilchin Investment Partners LLC purchased a new position in shares of Treehouse Foods, Inc. (NYSE:THS) during the second quarter, Holdings Channel reports. The institutional investor purchased 5,379 shares of the company’s stock, valued at approximately $439,000.

Several other institutional investors also recently made changes to their positions in the stock. BlackRock Inc. increased its position in shares of Treehouse Foods by 9,591.4% in the first quarter. BlackRock Inc. now owns 4,652,270 shares of the company’s stock worth $393,860,000 after buying an additional 4,604,266 shares in the last quarter. Public Employees Retirement Association of Colorado increased its position in Treehouse Foods by 5,074.5% in the second quarter. Public Employees Retirement Association of Colorado now owns 574,840 shares of the company’s stock valued at $46,959,000 after buying an additional 563,731 shares during the period. American Century Companies Inc. increased its position in Treehouse Foods by 52.2% in the first quarter. American Century Companies Inc. now owns 1,451,296 shares of the company’s stock valued at $122,867,000 after buying an additional 497,893 shares during the period. Tudor Investment Corp ET AL increased its position in Treehouse Foods by 331.1% in the first quarter. Tudor Investment Corp ET AL now owns 431,092 shares of the company’s stock valued at $36,496,000 after buying an additional 331,092 shares during the period. Finally, Russell Investments Group Ltd. increased its position in Treehouse Foods by 2,221.0% in the second quarter. Russell Investments Group Ltd. now owns 335,897 shares of the company’s stock valued at $27,435,000 after buying an additional 321,425 shares during the period.

Treehouse Foods, Inc. (THS) opened at 71.06 on Wednesday. The company has a 50-day moving average of $80.06 and a 200 day moving average of $81.84. The stock’s market cap is $4.06 billion. Treehouse Foods, Inc. has a 12-month low of $62.64 and a 12-month high of $97.74.

Treehouse Foods (NYSE:THS) last announced its quarterly earnings results on Thursday, August 3rd. The company reported $0.51 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.49 by $0.02. The business had revenue of $1.52 billion during the quarter, compared to analysts’ expectations of $1.54 billion. Treehouse Foods had a positive return on equity of 6.54% and a negative net margin of 3.90%. The firm’s quarterly revenue was down 1.2% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.54 EPS. Equities analysts anticipate that Treehouse Foods, Inc. will post $3.19 earnings per share for the current year.

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Several equities analysts have weighed in on THS shares. Wells Fargo & Company downgraded shares of Treehouse Foods from an “outperform” rating to a “market perform” rating in a report on Friday, May 5th. Zacks Investment Research downgraded shares of Treehouse Foods from a “buy” rating to a “hold” rating in a report on Thursday, April 27th. BidaskClub downgraded shares of Treehouse Foods from a “buy” rating to a “hold” rating in a report on Wednesday, June 28th. J P Morgan Chase & Co downgraded shares of Treehouse Foods from an “overweight” rating to a “neutral” rating and dropped their target price for the company from $90.00 to $76.00 in a report on Friday, August 4th. Finally, Vertical Research downgraded shares of Treehouse Foods from a “buy” rating to a “hold” rating in a report on Friday, August 4th. Two analysts have rated the stock with a sell rating, nine have issued a hold rating and five have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average target price of $85.29.

In other Treehouse Foods news, Director Terdema L. Ussery II sold 8,200 shares of the company’s stock in a transaction that occurred on Thursday, May 18th. The stock was sold at an average price of $76.55, for a total transaction of $627,710.00. Following the completion of the sale, the director now owns 10,610 shares of the company’s stock, valued at $812,195.50. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Erik Thomas Kahler sold 5,700 shares of the company’s stock in a transaction that occurred on Thursday, June 15th. The stock was sold at an average price of $79.34, for a total value of $452,238.00. Following the sale, the senior vice president now directly owns 28,857 shares of the company’s stock, valued at approximately $2,289,514.38. The disclosure for this sale can be found here. Insiders own 3.50% of the company’s stock.

Treehouse Foods Company Profile

TreeHouse Foods, Inc is a consumer packaged food and beverage manufacturer. The Company’s segments include North American Retail Grocery, Food Away From Home, and Industrial and Export. The Company manufactures a range of shelf stable, refrigerated, fresh and frozen products. Its product categories include beverages, salad dressings, snack nuts, beverage enhancers, pickles, sauces, cereals, pasta and dry dinners, cookies and crackers, retail bakery, aseptic products, jams and other products.

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Institutional Ownership by Quarter for Treehouse Foods (NYSE:THS)

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