TreeHouse Foods Inc. (NYSE:THS) CEO Sam K. Reed sold 11,480 shares of the stock in a transaction dated Wednesday, February 7th. The stock was sold at an average price of $42.44, for a total transaction of $487,211.20. Following the transaction, the chief executive officer now owns 81,147 shares in the company, valued at $3,443,878.68. The sale was disclosed in a filing with the SEC, which is available through this link.

TreeHouse Foods Inc. (NYSE:THS) opened at $42.14 on Friday. The company has a market cap of $2,420.00, a P/E ratio of -9.34, a P/E/G ratio of 2.33 and a beta of 0.42. The company has a debt-to-equity ratio of 1.01, a current ratio of 2.16 and a quick ratio of 0.81. TreeHouse Foods Inc. has a 1 year low of $40.26 and a 1 year high of $90.42.

TreeHouse Foods declared that its Board of Directors has approved a stock buyback plan on Thursday, November 2nd that authorizes the company to repurchase $400.00 million in shares. This repurchase authorization authorizes the company to repurchase shares of its stock through open market purchases. Shares repurchase plans are often a sign that the company’s leadership believes its stock is undervalued.

THS has been the topic of a number of recent analyst reports. Stifel Nicolaus cut shares of TreeHouse Foods from a “buy” rating to a “hold” rating and lowered their price target for the company from $84.00 to $44.00 in a report on Thursday, November 2nd. Jefferies Group lowered their price target on shares of TreeHouse Foods from $90.00 to $68.00 and set a “buy” rating on the stock in a report on Monday, November 6th. Stephens cut shares of TreeHouse Foods from an “overweight” rating to an “equal weight” rating in a report on Thursday, November 2nd. Zacks Investment Research cut shares of TreeHouse Foods from a “hold” rating to a “strong sell” rating in a report on Tuesday, November 7th. Finally, Wells Fargo & Co set a $46.00 price target on shares of TreeHouse Foods and gave the company a “hold” rating in a report on Thursday, January 4th. Two research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and four have given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average target price of $57.97.

Several institutional investors have recently made changes to their positions in THS. Citigroup Inc. raised its position in shares of TreeHouse Foods by 120.6% in the 2nd quarter. Citigroup Inc. now owns 1,286 shares of the company’s stock valued at $105,000 after purchasing an additional 703 shares during the last quarter. Stifel Financial Corp raised its position in shares of TreeHouse Foods by 2.7% in the 2nd quarter. Stifel Financial Corp now owns 38,823 shares of the company’s stock valued at $3,162,000 after purchasing an additional 1,009 shares during the last quarter. Shelton Capital Management purchased a new position in shares of TreeHouse Foods in the 2nd quarter valued at approximately $354,000. State Street Corp raised its position in shares of TreeHouse Foods by 1.8% in the 2nd quarter. State Street Corp now owns 1,472,162 shares of the company’s stock valued at $120,266,000 after purchasing an additional 26,686 shares during the last quarter. Finally, Cubist Systematic Strategies LLC purchased a new position in shares of TreeHouse Foods in the 2nd quarter valued at approximately $393,000.

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About TreeHouse Foods

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.

Insider Buying and Selling by Quarter for TreeHouse Foods (NYSE:THS)

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