Yousif Capital Management LLC Decreases Stock Holdings in TreeHouse Foods, Inc. (NYSE:THS)

Yousif Capital Management LLC trimmed its position in shares of TreeHouse Foods, Inc. (NYSE:THS) by 4.2% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 16,786 shares of the company’s stock after selling 739 shares during the period. Yousif Capital Management LLC’s holdings in TreeHouse Foods were worth $455,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. FMR LLC grew its position in shares of TreeHouse Foods by 90.5% in the fourth quarter. FMR LLC now owns 5,219,543 shares of the company’s stock valued at $183,363,000 after purchasing an additional 2,479,495 shares in the last quarter. Dimensional Fund Advisors LP grew its position in shares of TreeHouse Foods by 4.4% in the fourth quarter. Dimensional Fund Advisors LP now owns 3,296,849 shares of the company’s stock valued at $115,818,000 after purchasing an additional 137,744 shares in the last quarter. Sessa Capital IM L.P. grew its position in shares of TreeHouse Foods by 121.9% in the fourth quarter. Sessa Capital IM L.P. now owns 3,242,483 shares of the company’s stock valued at $113,908,000 after purchasing an additional 1,781,179 shares in the last quarter. Charles Schwab Investment Management Inc. grew its position in shares of TreeHouse Foods by 3.8% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 901,064 shares of the company’s stock valued at $31,654,000 after purchasing an additional 32,613 shares in the last quarter. Finally, William Blair Investment Management LLC grew its position in shares of TreeHouse Foods by 2.0% in the fourth quarter. William Blair Investment Management LLC now owns 898,536 shares of the company’s stock valued at $31,566,000 after purchasing an additional 17,225 shares in the last quarter. 99.81% of the stock is owned by institutional investors.

TreeHouse Foods Trading Up 1.8%

THS opened at $20.80 on Friday. The firm has a market cap of $1.05 billion, a P/E ratio of 160.00 and a beta of 0.28. TreeHouse Foods, Inc. has a 12 month low of $20.13 and a 12 month high of $43.84. The company has a current ratio of 1.14, a quick ratio of 0.27 and a debt-to-equity ratio of 0.93. The stock has a 50-day moving average of $22.27 and a 200 day moving average of $28.29.

TreeHouse Foods (NYSE:THS) last announced its quarterly earnings results on Tuesday, May 6th. The company reported $0.03 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.21) by $0.24. The firm had revenue of $792.00 million during the quarter, compared to analyst estimates of $789.66 million. TreeHouse Foods had a return on equity of 6.73% and a net margin of 0.20%. TreeHouse Foods’s quarterly revenue was down 3.5% on a year-over-year basis. During the same quarter in the previous year, the business earned ($0.03) earnings per share. As a group, research analysts forecast that TreeHouse Foods, Inc. will post 1.94 EPS for the current year.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on THS shares. Barclays dropped their price objective on TreeHouse Foods from $26.00 to $25.00 and set an “equal weight” rating for the company in a research note on Thursday, May 8th. TD Cowen dropped their price objective on TreeHouse Foods from $32.00 to $27.00 and set a “hold” rating for the company in a research note on Friday, April 11th. Truist Financial dropped their price target on TreeHouse Foods from $25.00 to $20.00 and set a “hold” rating for the company in a research note on Thursday, May 8th. Finally, Stifel Nicolaus dropped their price target on TreeHouse Foods from $26.00 to $24.00 and set a “hold” rating for the company in a research note on Thursday, April 24th. Eight research analysts have rated the stock with a hold rating, According to MarketBeat, TreeHouse Foods has a consensus rating of “Hold” and an average target price of $27.83.

Insider Buying and Selling at TreeHouse Foods

In other TreeHouse Foods news, CEO Steven Oakland acquired 4,660 shares of the business’s stock in a transaction on Thursday, May 8th. The stock was bought at an average price of $21.46 per share, for a total transaction of $100,003.60. Following the acquisition, the chief executive officer now owns 369,521 shares in the company, valued at approximately $7,929,920.66. The trade was a 1.28% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Jana Partners Management, Lp purchased 124,785 shares of TreeHouse Foods stock in a transaction dated Thursday, May 8th. The shares were purchased at an average cost of $21.85 per share, for a total transaction of $2,726,552.25. Following the transaction, the director now owns 5,040,533 shares in the company, valued at approximately $110,135,646.05. This trade represents a 2.54% increase in their position. The disclosure for this purchase can be found here. Over the last three months, insiders have acquired 147,123 shares of company stock valued at $3,234,741. 11.10% of the stock is owned by insiders.

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.