Barclays PLC Reduces Holdings in TreeHouse Foods, Inc. (NYSE:THS)

Barclays PLC lowered its position in TreeHouse Foods, Inc. (NYSE:THS - Free Report) by 20.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 267,651 shares of the company's stock after selling 70,006 shares during the quarter. Barclays PLC owned approximately 0.52% of TreeHouse Foods worth $9,402,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Bank of Montreal Can boosted its holdings in shares of TreeHouse Foods by 9.6% during the fourth quarter. Bank of Montreal Can now owns 7,740 shares of the company's stock worth $272,000 after acquiring an additional 681 shares during the period. KBC Group NV lifted its stake in TreeHouse Foods by 45.1% during the fourth quarter. KBC Group NV now owns 2,820 shares of the company's stock worth $99,000 after purchasing an additional 877 shares during the last quarter. Blue Trust Inc. lifted its stake in TreeHouse Foods by 456.7% during the fourth 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 last quarter. Sterling Capital Management LLC lifted its stake in TreeHouse Foods by 134.4% during the fourth quarter. Sterling Capital Management LLC now owns 2,374 shares of the company's stock worth $83,000 after purchasing an additional 1,361 shares during the last quarter. Finally, CIBC Private Wealth Group LLC increased its holdings in shares of TreeHouse Foods by 58.2% during the fourth quarter. CIBC Private Wealth Group LLC now owns 4,101 shares of the company's stock worth $142,000 after buying an additional 1,508 shares in the last quarter. Institutional investors own 99.81% of the company's stock.

TreeHouse Foods Stock Down 0.5 %

TreeHouse Foods stock traded down $0.11 during trading on Monday, hitting $22.37. 774,310 shares of the company were exchanged, compared to its average volume of 587,148. The company has a market capitalization of $1.12 billion, a P/E ratio of 41.43 and a beta of 0.40. The company has a current ratio of 1.36, a quick ratio of 0.63 and a debt-to-equity ratio of 0.90. The business's 50 day moving average is $26.54 and its 200 day moving average is $32.09. TreeHouse Foods, Inc. has a 52 week low of $21.39 and a 52 week high of $43.84.

TreeHouse Foods (NYSE:THS - Get Free Report) last announced its quarterly earnings data on Friday, February 14th. The company reported $0.95 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.97 by ($0.02). TreeHouse Foods had a net margin of 0.80% and a return on equity of 6.42%. The business had revenue of $905.70 million during the quarter, compared to the consensus estimate of $907.71 million. During the same quarter last year, the company earned $0.77 EPS. The firm's revenue for the quarter was down .5% compared to the same quarter last year. Analysts predict that TreeHouse Foods, Inc. will post 1.94 earnings per share for the current year.

Analysts Set New Price Targets

Several brokerages have recently issued reports on THS. StockNews.com upgraded shares of TreeHouse Foods from a "sell" rating to a "hold" rating in a report on Tuesday, February 18th. Barclays increased their price target on TreeHouse Foods from $35.00 to $36.00 and gave the stock an "equal weight" rating in a report on Tuesday, February 18th. TD Cowen decreased their price target on TreeHouse Foods from $32.00 to $27.00 and set a "hold" rating for the company in a report on Friday, April 11th. Stifel Nicolaus decreased their price objective on TreeHouse Foods from $26.00 to $24.00 and set a "hold" rating for the company in a report on Thursday. Finally, Jefferies Financial Group decreased their price objective on TreeHouse Foods from $37.00 to $31.00 and set a "hold" rating for the company in a report on Tuesday, February 18th. Eight analysts have rated the stock with a hold rating, Based on data from MarketBeat.com, TreeHouse Foods currently has a consensus rating of "Hold" and a consensus target price of $30.50.

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.