Aristotle Capital Boston LLC Lowers Stock Holdings in TreeHouse Foods, Inc. (NYSE:THS)

Aristotle Capital Boston LLC reduced its position in TreeHouse Foods, Inc. (NYSE:THS - Free Report) by 9.8% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 610,451 shares of the company's stock after selling 66,343 shares during the period. Aristotle Capital Boston LLC owned 1.19% of TreeHouse Foods worth $21,445,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the business. Hsbc Holdings PLC raised its stake in shares of TreeHouse Foods by 4.5% during the 4th quarter. Hsbc Holdings PLC now owns 9,024 shares of the company's stock valued at $317,000 after buying an additional 385 shares during the last quarter. Comerica Bank raised its position in TreeHouse Foods by 1.5% during the fourth quarter. Comerica Bank now owns 28,207 shares of the company's stock valued at $991,000 after acquiring an additional 407 shares in the last quarter. Bank of Montreal Can lifted its holdings in TreeHouse Foods by 9.6% in the fourth quarter. Bank of Montreal Can now owns 7,740 shares of the company's stock valued at $272,000 after acquiring an additional 681 shares during the period. KBC Group NV boosted its position in TreeHouse Foods by 45.1% in the 4th quarter. KBC Group NV now owns 2,820 shares of the company's stock worth $99,000 after purchasing an additional 877 shares in the last quarter. Finally, Blue Trust Inc. grew its stake in shares of TreeHouse Foods by 456.7% during the 4th quarter. Blue Trust Inc. now owns 1,119 shares of the company's stock worth $39,000 after purchasing an additional 918 shares during the period. Institutional investors and hedge funds own 99.81% of the company's stock.

TreeHouse Foods Price Performance

NYSE THS traded down $0.02 during mid-day trading on Thursday, hitting $21.45. The stock had a trading volume of 286,039 shares, compared to its average volume of 593,993. The firm's 50 day moving average is $25.37 and its 200 day moving average is $31.31. The company has a debt-to-equity ratio of 0.90, a current ratio of 1.36 and a quick ratio of 0.63. The stock has a market capitalization of $1.08 billion, a price-to-earnings ratio of 39.72 and a beta of 0.30. TreeHouse Foods, Inc. has a twelve month low of $20.63 and a twelve month high of $43.84.

TreeHouse Foods (NYSE:THS - Get Free Report) last posted 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 business 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 6.42% and a net margin of 0.80%. The business's revenue was down 3.5% compared to the same quarter last year. During the same period in the prior year, the business earned ($0.03) earnings per share. Equities research analysts forecast that TreeHouse Foods, Inc. will post 1.94 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

THS has been the topic of a number of recent analyst reports. TD Cowen lowered their price target on shares of TreeHouse Foods from $32.00 to $27.00 and set a "hold" rating on the stock in a report on Friday, April 11th. Barclays lowered their target price on shares of TreeHouse Foods from $26.00 to $25.00 and set an "equal weight" rating on the stock in a research note on Thursday. Stifel Nicolaus cut 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. StockNews.com raised TreeHouse Foods from a "sell" rating to a "hold" rating in a report on Tuesday, February 18th. Finally, Truist Financial decreased their target price on TreeHouse Foods from $25.00 to $20.00 and set a "hold" rating on the stock in a research report on Thursday. Eight analysts have rated the stock with a hold rating, Based on data from MarketBeat, TreeHouse Foods has an average rating of "Hold" and a consensus target price of $27.83.

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.