Cubist Systematic Strategies LLC Buys Shares of 117,537 TreeHouse Foods, Inc. $THS

Key Points

• Cubist Systematic Strategies LLC acquired a new stake in TreeHouse Foods, Inc. during the 1st quarter, purchasing 117,537 shares valued at approximately $3.18 million.
• Several institutional investors have increased their positions in TreeHouse Foods, with 99.81% of the stock owned by institutional investors.
• Analysts have downgraded the price target for TreeHouse Foods, with ratings reflecting a consensus of "Hold" and a price target now set around $24.00.

Cubist Systematic Strategies LLC purchased a new stake in TreeHouse Foods, Inc. (NYSE:THS - Free Report) in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 117,537 shares of the company's stock, valued at approximately $3,184,000. Cubist Systematic Strategies LLC owned approximately 0.23% of TreeHouse Foods at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in THS. State of Wyoming bought a new position in TreeHouse Foods during the 1st quarter worth $93,000. Vident Advisory LLC bought a new stake in shares of TreeHouse Foods during the 4th quarter valued at $223,000. GAMMA Investing LLC lifted its position in shares of TreeHouse Foods by 1,328.7% during the 1st quarter. GAMMA Investing LLC now owns 9,644 shares of the company's stock valued at $261,000 after acquiring an additional 8,969 shares during the period. Hsbc Holdings PLC grew its holdings in shares of TreeHouse Foods by 8.8% during the 1st quarter. Hsbc Holdings PLC now owns 9,814 shares of the company's stock worth $268,000 after purchasing an additional 790 shares in the last quarter. Finally, HighTower Advisors LLC increased its position in shares of TreeHouse Foods by 8.9% in the first quarter. HighTower Advisors LLC now owns 10,520 shares of the company's stock worth $285,000 after purchasing an additional 861 shares during the period. Institutional investors and hedge funds own 99.81% of the company's stock.

TreeHouse Foods Price Performance

NYSE:THS traded up $0.37 during trading hours on Thursday, hitting $17.92. The company's stock had a trading volume of 1,177,768 shares, compared to its average volume of 775,478. TreeHouse Foods, Inc. has a twelve month low of $17.26 and a twelve month high of $43.84. The company has a debt-to-equity ratio of 0.98, a current ratio of 1.26 and a quick ratio of 0.38. The stock has a fifty day simple moving average of $19.28 and a 200-day simple moving average of $22.40. The company has a market capitalization of $904.96 million, a P/E ratio of 45.95 and a beta of 0.26.

TreeHouse Foods (NYSE:THS - Get Free Report) last posted its earnings results on Thursday, July 31st. The company reported $0.17 EPS for the quarter, topping analysts' consensus estimates of $0.10 by $0.07. TreeHouse Foods had a net margin of 0.62% and a return on equity of 6.35%. The firm had revenue of $801.40 million during the quarter, compared to analysts' expectations of $788.84 million. During the same quarter in the prior year, the business earned $0.29 earnings per share. The business's revenue for the quarter was up 1.2% compared to the same quarter last year. TreeHouse Foods has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. On average, analysts anticipate that TreeHouse Foods, Inc. will post 1.94 EPS for the current fiscal year.

Analysts Set New Price Targets

THS has been the subject of a number of analyst reports. Mizuho dropped their price target on TreeHouse Foods from $24.00 to $22.00 and set a "neutral" rating for the company in a research note on Monday, July 28th. Barclays decreased their target price on shares of TreeHouse Foods from $25.00 to $21.00 and set an "equal weight" rating on the stock in a report on Tuesday, July 15th. Finally, Stifel Nicolaus cut their price target on shares of TreeHouse Foods from $24.00 to $23.00 and set a "hold" rating for the company in a report on Tuesday, July 29th. Seven research analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average price target of $24.00.

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.