Amalgamated Bank Has $540,000 Holdings in TreeHouse Foods, Inc. (NYSE:THS)

Amalgamated Bank cut its holdings in TreeHouse Foods, Inc. (NYSE:THS) by 5.9% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 14,743 shares of the company’s stock after selling 921 shares during the quarter. Amalgamated Bank’s holdings in TreeHouse Foods were worth $540,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Innealta Capital LLC acquired a new position in TreeHouse Foods in the second quarter valued at approximately $44,000. GAMMA Investing LLC lifted its stake in TreeHouse Foods by 304.7% in the second quarter. GAMMA Investing LLC now owns 1,291 shares of the company’s stock valued at $47,000 after buying an additional 972 shares during the period. Central Pacific Bank Trust Division acquired a new position in TreeHouse Foods in the first quarter valued at approximately $48,000. Rothschild Investment LLC acquired a new position in TreeHouse Foods in the second quarter valued at approximately $67,000. Finally, TFO Wealth Partners LLC lifted its stake in TreeHouse Foods by 78,600.0% in the fourth quarter. TFO Wealth Partners LLC now owns 2,361 shares of the company’s stock valued at $98,000 after buying an additional 2,358 shares during the period. 99.81% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

THS has been the subject of several recent research reports. Barclays boosted their price objective on TreeHouse Foods from $36.00 to $39.00 and gave the company an “equal weight” rating in a report on Tuesday, August 6th. StockNews.com upgraded TreeHouse Foods from a “sell” rating to a “hold” rating in a report on Tuesday, August 6th. Stifel Nicolaus boosted their price objective on TreeHouse Foods from $36.00 to $41.00 and gave the company a “hold” rating in a report on Tuesday, August 6th. Finally, Mizuho boosted their price objective on TreeHouse Foods from $37.00 to $40.00 and gave the company a “neutral” rating in a report on Monday, August 26th. Seven investment analysts have rated the stock with a hold rating, According to MarketBeat, TreeHouse Foods currently has a consensus rating of “Hold” and a consensus target price of $40.00.

TreeHouse Foods Trading Up 1.1 %

Shares of TreeHouse Foods stock opened at $42.04 on Monday. The stock has a fifty day simple moving average of $40.28 and a 200 day simple moving average of $37.94. TreeHouse Foods, Inc. has a 12-month low of $33.28 and a 12-month high of $44.27. The company has a market capitalization of $2.21 billion, a P/E ratio of 91.39 and a beta of 0.22. The company has a current ratio of 1.44, a quick ratio of 0.52 and a debt-to-equity ratio of 0.90.

TreeHouse Foods (NYSE:THS) last announced its quarterly earnings results on Monday, August 5th. The company reported $0.29 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.13 by $0.16. TreeHouse Foods had a positive return on equity of 5.42% and a negative net margin of 0.41%. The business had revenue of $788.50 million during the quarter, compared to the consensus estimate of $784.10 million. During the same quarter in the prior year, the company posted $0.42 earnings per share. TreeHouse Foods’s revenue was down 1.9% compared to the same quarter last year. On average, sell-side analysts anticipate that TreeHouse Foods, Inc. will post 2.34 earnings per share for the current fiscal year.

Insider Buying and Selling at TreeHouse Foods

In other TreeHouse Foods news, EVP Kristy N. Waterman sold 3,000 shares of the company’s stock in a transaction on Monday, August 26th. The stock was 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 owns 20,784 shares in the company, valued at approximately $879,994.56. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.90% of the company’s stock.

TreeHouse Foods Company 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.