Leeward Investments LLC MA Sells 20,657 Shares of TreeHouse Foods, Inc. (NYSE:THS)

Leeward Investments LLC MA reduced its stake in shares of TreeHouse Foods, Inc. (NYSE:THS - Free Report) by 3.5% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 568,636 shares of the company's stock after selling 20,657 shares during the quarter. Leeward Investments LLC MA owned about 1.13% of TreeHouse Foods worth $15,404,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of THS. US Bancorp DE lifted its stake in TreeHouse Foods by 42.9% in the 4th quarter. US Bancorp DE now owns 17,459 shares of the company's stock valued at $613,000 after acquiring an additional 5,241 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its stake in TreeHouse Foods by 3.8% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 901,064 shares of the company's stock valued at $31,654,000 after acquiring an additional 32,613 shares in the last quarter. Raymond James Financial Inc. bought a new stake in TreeHouse Foods in the 4th quarter valued at approximately $10,362,000. Amundi raised its stake in shares of TreeHouse Foods by 132.5% during the 4th quarter. Amundi now owns 25,878 shares of the company's stock worth $894,000 after purchasing an additional 14,750 shares in the last quarter. Finally, Wealthfront Advisers LLC bought a new stake in shares of TreeHouse Foods during the 4th quarter worth approximately $1,142,000. 99.81% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at TreeHouse Foods

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

TreeHouse Foods Stock Down 1.3%

TreeHouse Foods stock traded down $0.27 during mid-day trading on Monday, reaching $20.63. The stock had a trading volume of 938,281 shares, compared to its average volume of 625,891. The firm has a market capitalization of $1.04 billion, a PE ratio of 158.70 and a beta of 0.25. The company has a debt-to-equity ratio of 0.93, a quick ratio of 0.27 and a current ratio of 1.14. TreeHouse Foods, Inc. has a fifty-two week low of $19.29 and a fifty-two week high of $43.84. The stock's 50-day simple moving average is $21.86 and its 200-day simple moving average is $27.28.

TreeHouse Foods (NYSE:THS - Get Free Report) last issued its quarterly earnings results on Tuesday, May 6th. The company reported $0.03 EPS for the quarter, topping analysts' consensus estimates of ($0.21) by $0.24. The business had revenue of $792.00 million for the quarter, compared to analyst estimates of $789.66 million. TreeHouse Foods had a return on equity of 6.73% and a net margin of 0.20%. TreeHouse Foods's quarterly revenue was down 3.5% compared to the same quarter last year. During the same period last year, the company posted ($0.03) earnings per share. On average, sell-side analysts forecast that TreeHouse Foods, Inc. will post 1.94 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on the company. Truist Financial dropped their price target on TreeHouse Foods from $25.00 to $20.00 and set a "hold" rating on the stock in a research note on Thursday, May 8th. Stifel Nicolaus decreased their price objective on TreeHouse Foods from $26.00 to $24.00 and set a "hold" rating on the stock in a report on Thursday, April 24th. TD Cowen reduced their target price on TreeHouse Foods from $32.00 to $27.00 and set a "hold" rating on the stock in a report on Friday, April 11th. Finally, Barclays reduced their price objective on TreeHouse Foods from $26.00 to $25.00 and set an "equal weight" rating on the stock in a research note on Thursday, May 8th. Eight investment analysts have rated the stock with a hold rating, According to MarketBeat, the stock currently has a consensus rating of "Hold" and an average price target of $27.83.

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.