TreeHouse Foods, Inc. (NYSE:THS) Holdings Boosted by Pullen Investment Management LLC

Pullen Investment Management LLC increased its holdings in TreeHouse Foods, Inc. (NYSE:THS - Free Report) by 83.4% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 44,646 shares of the company's stock after acquiring an additional 20,304 shares during the period. Pullen Investment Management LLC owned approximately 0.09% of TreeHouse Foods worth $1,568,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Hsbc Holdings PLC grew its holdings in shares of TreeHouse Foods by 4.5% during the fourth quarter. Hsbc Holdings PLC now owns 9,024 shares of the company's stock worth $317,000 after buying an additional 385 shares during the last quarter. Comerica Bank lifted its position in shares of TreeHouse Foods by 1.5% during the 4th quarter. Comerica Bank now owns 28,207 shares of the company's stock valued at $991,000 after acquiring an additional 407 shares during the period. Bank of Montreal Can lifted its position in shares of TreeHouse Foods by 9.6% during the 4th 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 period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of TreeHouse Foods by 2.7% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 26,838 shares of the company's stock valued at $943,000 after acquiring an additional 696 shares during the period. Finally, KBC Group NV lifted its position in shares of TreeHouse Foods by 45.1% during the 4th 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. 99.81% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, CEO Steven Oakland acquired 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, for a total transaction of $100,003.60. Following the acquisition, the chief executive officer now directly owns 369,521 shares of the company's stock, valued at $7,929,920.66. This represents a 1.28% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Jana Partners Management, Lp acquired 124,785 shares of the business's stock in a transaction on Thursday, May 8th. The stock was purchased at an average price of $21.85 per share, for a total transaction of $2,726,552.25. Following the acquisition, the director now directly owns 5,040,533 shares in the company, valued at $110,135,646.05. This represents a 2.54% increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last three months, insiders acquired 147,123 shares of company stock valued at $3,234,741. Company insiders own 11.10% of the company's stock.

TreeHouse Foods Trading Up 0.6%

Shares of NYSE THS traded up $0.14 during trading on Thursday, hitting $22.52. 270,059 shares of the company traded hands, compared to its average volume of 609,377. TreeHouse Foods, Inc. has a 1 year low of $20.63 and a 1 year high of $43.84. The company has a 50-day moving average price of $23.45 and a 200-day moving average price of $29.77. The firm has a market capitalization of $1.14 billion, a P/E ratio of 41.71 and a beta of 0.30. The company has a quick ratio of 0.63, a current ratio of 1.36 and a debt-to-equity ratio of 0.90.

TreeHouse Foods (NYSE:THS - Get Free Report) last announced its quarterly earnings data on Tuesday, May 6th. The company reported $0.03 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.21) by $0.24. TreeHouse Foods had a net margin of 0.80% and a return on equity of 6.42%. The company had revenue of $792.00 million during the quarter, compared to analysts' expectations of $789.66 million. During the same period in the previous year, the company earned ($0.03) EPS. The business's quarterly revenue was down 3.5% compared to the same quarter last year. On average, equities analysts predict that TreeHouse Foods, Inc. will post 1.94 EPS for the current year.

Analyst Ratings Changes

Several research analysts recently issued reports on the company. Wall Street Zen upgraded TreeHouse Foods from a "sell" rating to a "hold" rating in a research report on Tuesday, February 18th. Truist Financial cut their price objective on TreeHouse Foods from $25.00 to $20.00 and set a "hold" rating for the company in a research report on Thursday, May 8th. Barclays cut their price objective on TreeHouse Foods from $26.00 to $25.00 and set an "equal weight" rating for the company in a research report on Thursday, May 8th. TD Cowen lowered their target price 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, Jefferies Financial Group lowered their target price on shares of TreeHouse Foods from $37.00 to $31.00 and set a "hold" rating for the company in a research note on Tuesday, February 18th. Eight equities research analysts have rated the stock with a hold rating, According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus 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.