Treehouse Foods, Inc. (NYSE:THS) Shares Bought by Aperio Group LLC
Aperio Group LLC raised its position in shares of Treehouse Foods, Inc. (NYSE:THS) by 45.2% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 21,389 shares of the company’s stock after buying an additional 6,656 shares during the period. Aperio Group LLC’s holdings in Treehouse Foods were worth $1,747,000 as of its most recent SEC filing.
A number of other institutional investors have also made changes to their positions in THS. Cambridge Investment Research Advisors Inc. increased its position in shares of Treehouse Foods by 0.4% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 6,927 shares of the company’s stock worth $586,000 after buying an additional 28 shares during the period. Diversified Trust Co increased its position in shares of Treehouse Foods by 0.6% in the second quarter. Diversified Trust Co now owns 8,055 shares of the company’s stock worth $658,000 after buying an additional 50 shares during the period. State of Alaska Department of Revenue increased its position in shares of Treehouse Foods by 4.7% in the first quarter. State of Alaska Department of Revenue now owns 2,118 shares of the company’s stock worth $179,000 after buying an additional 96 shares during the period. Public Employees Retirement System of Ohio increased its position in shares of Treehouse Foods by 0.4% in the first quarter. Public Employees Retirement System of Ohio now owns 26,846 shares of the company’s stock worth $2,273,000 after buying an additional 104 shares during the period. Finally, Tdam USA Inc. increased its position in shares of Treehouse Foods by 0.5% in the first quarter. Tdam USA Inc. now owns 25,019 shares of the company’s stock worth $2,118,000 after buying an additional 127 shares during the period.
Treehouse Foods, Inc. (NYSE:THS) traded down 1.38% during midday trading on Thursday, hitting $72.99. The stock had a trading volume of 498,929 shares. Treehouse Foods, Inc. has a one year low of $62.64 and a one year high of $99.08. The firm’s market cap is $4.17 billion. The stock has a 50-day moving average price of $81.10 and a 200 day moving average price of $81.82.
Treehouse Foods (NYSE:THS) last released its quarterly earnings data on Thursday, August 3rd. The company reported $0.51 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.49 by $0.02. The business had revenue of $1.52 billion during the quarter, compared to analyst estimates of $1.54 billion. Treehouse Foods had a positive return on equity of 6.54% and a negative net margin of 3.90%. The business’s revenue for the quarter was down 1.2% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.54 EPS. On average, analysts predict that Treehouse Foods, Inc. will post $3.21 earnings per share for the current year.
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A number of equities research analysts have weighed in on the company. Jefferies Group LLC reiterated a “buy” rating and issued a $100.00 price objective on shares of Treehouse Foods in a research note on Friday, May 5th. BMO Capital Markets reiterated a “buy” rating and issued a $90.00 price objective on shares of Treehouse Foods in a research note on Tuesday, June 13th. Zacks Investment Research cut Treehouse Foods from a “hold” rating to a “sell” rating in a research note on Thursday, July 27th. Vertical Group cut Treehouse Foods from a “buy” rating to a “hold” rating and reduced their price objective for the company from $100.61 to $62.64 in a research note on Friday, August 4th. Finally, Stifel Nicolaus reiterated a “buy” rating and issued a $93.00 price objective on shares of Treehouse Foods in a research note on Wednesday, April 26th. Two equities research analysts have rated the stock with a sell rating, nine have given a hold rating and five have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average target price of $85.29.
In other news, CAO Thomas Emmet Oneill III sold 14,430 shares of the business’s stock in a transaction on Monday, May 15th. The stock was sold at an average price of $76.50, for a total transaction of $1,103,895.00. Following the sale, the chief accounting officer now directly owns 130,708 shares of the company’s stock, valued at $9,999,162. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Terdema L. Ussery II sold 8,200 shares of the business’s stock in a transaction on Thursday, May 18th. The stock was sold at an average price of $76.55, for a total value of $627,710.00. Following the sale, the director now directly owns 10,610 shares in the company, valued at $812,195.50. The disclosure for this sale can be found here. Insiders have sold a total of 28,330 shares of company stock worth $2,183,843 in the last ninety days. 3.50% of the stock is owned by company insiders.
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.
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