12,171 Shares in TreeHouse Foods, Inc. (NYSE:THS) Acquired by Bridgefront Capital LLC

Bridgefront Capital LLC purchased a new position in TreeHouse Foods, Inc. (NYSE:THS - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 12,171 shares of the company's stock, valued at approximately $428,000.

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

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on THS shares. Stifel Nicolaus reduced their price objective on TreeHouse Foods from $26.00 to $24.00 and set a "hold" rating on the stock in a research note on Thursday, April 24th. Barclays decreased their price objective on shares of TreeHouse Foods from $26.00 to $25.00 and set an "equal weight" rating for the company in a research note on Thursday. Truist Financial reduced their target price on shares of TreeHouse Foods from $25.00 to $20.00 and set a "hold" rating on the stock in a report on Thursday. Jefferies Financial Group lowered their price target on TreeHouse Foods from $37.00 to $31.00 and set a "hold" rating for the company in a report on Tuesday, February 18th. Finally, TD Cowen reduced their price objective on TreeHouse Foods from $32.00 to $27.00 and set a "hold" rating on the stock in a research note on Friday, April 11th. Eight equities research analysts have rated the stock with a hold rating, According to MarketBeat, TreeHouse Foods presently has a consensus rating of "Hold" and a consensus price target of $27.83.

Insider Buying and Selling

In other TreeHouse Foods news, CEO Steven Oakland bought 4,660 shares of the business's stock in a transaction on Thursday, May 8th. The shares were purchased at an average price of $21.46 per share, with a total value of $100,003.60. Following the completion of the acquisition, the chief executive officer now directly owns 369,521 shares of the company's stock, valued at approximately $7,929,920.66. The trade was a 1.28 % increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Insiders own 11.10% of the company's stock.

TreeHouse Foods Stock Up 2.8 %

Shares of NYSE:THS traded up $0.62 during trading on Friday, hitting $22.61. The company's stock had a trading volume of 1,117,985 shares, compared to its average volume of 599,914. TreeHouse Foods, Inc. has a fifty-two week low of $20.63 and a fifty-two week high of $43.84. The stock's 50-day moving average price is $25.02 and its two-hundred day moving average price is $31.03. The company has a debt-to-equity ratio of 0.90, a quick ratio of 0.63 and a current ratio of 1.36. The company has a market capitalization of $1.14 billion, a PE ratio of 41.87 and a beta of 0.30.

TreeHouse Foods (NYSE:THS - Get Free Report) last released its quarterly earnings results on Tuesday, May 6th. The company reported $0.03 earnings per share for the quarter, topping analysts' consensus estimates of ($0.21) by $0.24. TreeHouse Foods had a net margin of 0.80% and a return on equity of 6.42%. The business had revenue of $792.00 million during the quarter, compared to the consensus estimate of $789.66 million. During the same quarter last year, the company earned ($0.03) earnings per share. The business's quarterly revenue was down 3.5% compared to the same quarter last year. As a group, sell-side analysts expect that TreeHouse Foods, Inc. will post 1.94 EPS for the current year.

TreeHouse Foods 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.