International Assets Investment Management LLC Buys 5,327 Shares of TreeHouse Foods, Inc. (NYSE:THS)

International Assets Investment Management LLC increased its stake in shares of TreeHouse Foods, Inc. (NYSE:THS) by 4,097.7% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,457 shares of the company’s stock after acquiring an additional 5,327 shares during the quarter. International Assets Investment Management LLC’s holdings in TreeHouse Foods were worth $229,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Signaturefd LLC grew its position in shares of TreeHouse Foods by 42.1% in the 3rd quarter. Signaturefd LLC now owns 999 shares of the company’s stock worth $42,000 after buying an additional 296 shares during the last quarter. Roberts Wealth Advisors LLC bought a new stake in shares of TreeHouse Foods in the 3rd quarter worth approximately $872,000. Creative Planning grew its position in shares of TreeHouse Foods by 101.4% in the 3rd quarter. Creative Planning now owns 19,393 shares of the company’s stock worth $814,000 after buying an additional 9,764 shares during the last quarter. Exchange Traded Concepts LLC grew its position in shares of TreeHouse Foods by 121.9% in the 3rd quarter. Exchange Traded Concepts LLC now owns 40,527 shares of the company’s stock worth $1,701,000 after buying an additional 22,261 shares during the last quarter. Finally, GAMMA Investing LLC grew its position in shares of TreeHouse Foods by 95.1% in the 3rd quarter. GAMMA Investing LLC now owns 2,519 shares of the company’s stock worth $106,000 after buying an additional 1,228 shares during the last quarter. 99.81% of the stock is currently owned by institutional investors.

TreeHouse Foods Trading Up 3.0 %

THS opened at $38.17 on Thursday. The stock has a market cap of $2.01 billion, a PE ratio of -141.37 and a beta of 0.23. The company has a quick ratio of 0.52, a current ratio of 1.44 and a debt-to-equity ratio of 0.90. The business has a 50 day moving average of $40.46 and a 200-day moving average of $38.32. TreeHouse Foods, Inc. has a 52 week low of $33.28 and a 52 week high of $43.84.

TreeHouse Foods (NYSE:THS) last announced its quarterly earnings data on Monday, August 5th. The company reported $0.29 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 analysts’ expectations of $784.10 million. During the same quarter in the previous year, the business earned $0.42 earnings per share. The firm’s quarterly revenue was down 1.9% compared to the same quarter last year. Equities research analysts predict that TreeHouse Foods, Inc. will post 2.34 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other TreeHouse Foods news, EVP Kristy N. Waterman sold 3,000 shares of the business’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 sale, the executive vice president now directly owns 20,784 shares of the company’s stock, valued at approximately $879,994.56. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Corporate insiders own 0.90% of the company’s stock.

Analyst Ratings Changes

THS has been the topic of a number of recent analyst reports. Barclays lifted their price objective on TreeHouse Foods from $36.00 to $39.00 and gave the stock an “equal weight” rating in a research report on Tuesday, August 6th. StockNews.com upgraded TreeHouse Foods from a “sell” rating to a “hold” rating in a research report on Tuesday, August 6th. Stifel Nicolaus raised their target price on TreeHouse Foods from $36.00 to $41.00 and gave the company a “hold” rating in a research note on Tuesday, August 6th. Finally, Mizuho raised their target price on TreeHouse Foods from $37.00 to $40.00 and gave the company a “neutral” rating in a research note on Monday, August 26th. Six equities research analysts have rated the stock with a hold rating, According to data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $38.40.

About TreeHouse Foods

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.