Rothschild Investment LLC Makes New $67,000 Investment in TreeHouse Foods, Inc. (NYSE:THS)

Rothschild Investment LLC bought a new position in shares of TreeHouse Foods, Inc. (NYSE:THS) during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 1,842 shares of the company’s stock, valued at approximately $67,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. UBS Group AG increased its stake in TreeHouse Foods by 701.4% during the 4th quarter. UBS Group AG now owns 571,535 shares of the company’s stock worth $23,690,000 after acquiring an additional 500,215 shares during the period. Capital Research Global Investors increased its position in shares of TreeHouse Foods by 52.6% in the first quarter. Capital Research Global Investors now owns 950,372 shares of the company’s stock worth $37,017,000 after purchasing an additional 327,448 shares during the period. Charles Schwab Investment Management Inc. raised its stake in TreeHouse Foods by 3.2% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 766,245 shares of the company’s stock valued at $31,761,000 after purchasing an additional 23,597 shares in the last quarter. Goldman Sachs Group Inc. lifted its position in TreeHouse Foods by 3.7% during the fourth quarter. Goldman Sachs Group Inc. now owns 649,088 shares of the company’s stock worth $26,905,000 after purchasing an additional 23,212 shares during the period. Finally, New South Capital Management Inc. grew its stake in TreeHouse Foods by 29.0% during the first quarter. New South Capital Management Inc. now owns 1,120,149 shares of the company’s stock worth $43,630,000 after buying an additional 251,886 shares in the last quarter. 99.81% of the stock is currently owned by institutional investors and hedge funds.

TreeHouse Foods Stock Performance

NYSE THS opened at $41.29 on Thursday. The firm’s fifty day moving average price is $38.74 and its two-hundred day moving average price is $37.27. The stock has a market cap of $2.17 billion, a PE ratio of 89.76 and a beta of 0.22. The company has a debt-to-equity ratio of 0.90, a quick ratio of 0.52 and a current ratio of 1.44. TreeHouse Foods, Inc. has a fifty-two week low of $33.28 and a fifty-two week high of $48.49.

TreeHouse Foods (NYSE:THS) last issued its quarterly earnings data on Monday, August 5th. The company reported $0.29 earnings per share for the quarter, topping analysts’ consensus estimates of $0.13 by $0.16. The business had revenue of $788.50 million for the quarter, compared to analyst estimates of $784.10 million. TreeHouse Foods had a positive return on equity of 5.42% and a negative net margin of 0.41%. TreeHouse Foods’s quarterly revenue was down 1.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.42 EPS. On average, equities analysts expect that TreeHouse Foods, Inc. will post 2.31 EPS for the current fiscal year.

Analyst Ratings Changes

Several brokerages have recently commented on THS. Stifel Nicolaus boosted their target price on shares of TreeHouse Foods from $36.00 to $41.00 and gave the company a “hold” rating in a research report on Tuesday, August 6th. Barclays boosted their price objective on shares of TreeHouse Foods from $36.00 to $39.00 and gave the company an “equal weight” rating in a research report on Tuesday, August 6th. Mizuho raised their target price on TreeHouse Foods from $37.00 to $40.00 and gave the company a “neutral” rating in a report on Monday, August 26th. Finally, StockNews.com raised TreeHouse Foods from a “sell” rating to a “hold” rating in a report on Tuesday, August 6th. Seven equities research analysts have rated the stock with a hold rating, Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $40.00.

Insider Activity at TreeHouse Foods

In other TreeHouse Foods news, EVP Kristy N. Waterman sold 3,000 shares of the company’s stock in a transaction that occurred on Monday, August 26th. The shares were sold at an average price of $42.34, for a total value of $127,020.00. Following the completion of the transaction, the executive vice president now directly owns 20,784 shares in the company, valued at approximately $879,994.56. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. 0.90% of the stock is owned by company insiders.

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.