Leeward Investments LLC MA Reduces Position in TreeHouse Foods, Inc. (NYSE:THS)

Leeward Investments LLC MA lowered its position in TreeHouse Foods, Inc. (NYSE:THS - Free Report) by 3.5% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 568,636 shares of the company's stock after selling 20,657 shares during the period. Leeward Investments LLC MA owned approximately 1.13% of TreeHouse Foods worth $15,404,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also added to or reduced their stakes in the company. GAMMA Investing LLC raised its stake in shares of TreeHouse Foods by 1,328.7% during the first 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 in the last quarter. Raymond James Financial Inc. bought a new stake in shares of TreeHouse Foods during the fourth quarter valued at approximately $10,362,000. Northern Trust Corp raised its stake in shares of TreeHouse Foods by 5.9% during the fourth quarter. Northern Trust Corp now owns 502,601 shares of the company's stock valued at $17,656,000 after acquiring an additional 28,029 shares in the last quarter. Alliancebernstein L.P. raised its stake in shares of TreeHouse Foods by 218.3% during the fourth quarter. Alliancebernstein L.P. now owns 166,767 shares of the company's stock valued at $5,859,000 after acquiring an additional 114,380 shares in the last quarter. Finally, KLP Kapitalforvaltning AS bought a new stake in shares of TreeHouse Foods during the fourth quarter valued at approximately $337,000. Institutional investors own 99.81% of the company's stock.

TreeHouse Foods Stock Down 0.7%

THS stock traded down $0.14 during trading on Friday, hitting $20.90. 391,555 shares of the company's stock traded hands, compared to its average volume of 624,514. TreeHouse Foods, Inc. has a 1 year low of $19.29 and a 1 year high of $43.84. The firm has a market capitalization of $1.06 billion, a P/E ratio of 160.78 and a beta of 0.25. The company has a quick ratio of 0.27, a current ratio of 1.14 and a debt-to-equity ratio of 0.93. The business has a fifty day simple moving average of $21.89 and a two-hundred day simple moving average of $27.45.

TreeHouse Foods (NYSE:THS - Get Free Report) last posted its quarterly earnings data on Tuesday, May 6th. The company reported $0.03 EPS for the quarter, topping the consensus estimate 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 net margin of 0.20% and a return on equity of 6.73%. TreeHouse Foods's revenue was down 3.5% on a year-over-year basis. During the same quarter in the previous year, the business posted ($0.03) EPS. Sell-side analysts anticipate that TreeHouse Foods, Inc. will post 1.94 EPS for the current year.

Insider Buying and Selling at TreeHouse Foods

In other TreeHouse Foods news, CEO Steven Oakland purchased 4,660 shares of the firm's stock in a transaction on Thursday, May 8th. The stock was bought at an average cost of $21.46 per share, for a total transaction of $100,003.60. Following the completion of the purchase, the chief executive officer owned 369,521 shares in the company, valued at $7,929,920.66. This represents a 1.28% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Jana Partners Management, Lp purchased 124,785 shares of the firm's stock in a transaction on Thursday, May 8th. The stock was acquired at an average price of $21.85 per share, with a total value of $2,726,552.25. Following the completion of the purchase, the director owned 5,040,533 shares of the company's stock, valued at $110,135,646.05. The trade was a 2.54% increase in their position. The disclosure for this purchase can be found here. Over the last 90 days, insiders have purchased 147,123 shares of company stock worth $3,234,741. 11.10% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

THS has been the subject of several research analyst reports. Stifel Nicolaus decreased their price target on shares of TreeHouse Foods from $26.00 to $24.00 and set a "hold" rating for the company in a research note on Thursday, April 24th. Truist Financial decreased their price target on shares of TreeHouse Foods from $25.00 to $20.00 and set a "hold" rating for the company in a research note on Thursday, May 8th. TD Cowen decreased their price target on shares of TreeHouse Foods from $32.00 to $27.00 and set a "hold" rating for the company in a research note on Friday, April 11th. Finally, Barclays decreased their price target 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, May 8th. Eight equities research analysts have rated the stock with a hold rating, According to data from MarketBeat, the stock presently has an average rating of "Hold" and an average 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.