TreeHouse Foods, Inc. (NYSE:THS) Shares Purchased by Deutsche Bank AG

Deutsche Bank AG raised its holdings in TreeHouse Foods, Inc. (NYSE:THS - Free Report) by 9.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 158,453 shares of the company's stock after purchasing an additional 13,338 shares during the quarter. Deutsche Bank AG owned about 0.31% of TreeHouse Foods worth $5,566,000 as of its most recent filing with the SEC.

Other institutional investors also recently bought and sold shares of the company. FMR LLC grew its position in TreeHouse Foods by 90.5% in the 4th quarter. FMR LLC now owns 5,219,543 shares of the company's stock valued at $183,363,000 after buying an additional 2,479,495 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in shares of TreeHouse Foods in the 4th quarter worth $10,362,000. Kestrel Investment Management Corp purchased a new stake in shares of TreeHouse Foods in the fourth quarter valued at about $6,058,000. D. E. Shaw & Co. Inc. increased its stake in shares of TreeHouse Foods by 96.4% during the fourth quarter. D. E. Shaw & Co. Inc. now owns 343,086 shares of the company's stock worth $12,053,000 after acquiring an additional 168,365 shares during the period. Finally, Marshall Wace LLP acquired a new position in shares of TreeHouse Foods during the fourth quarter worth about $5,366,000. 99.81% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at TreeHouse Foods

In related news, CEO Steven Oakland bought 4,660 shares of the firm's stock in a transaction that occurred 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 completion of the transaction, the chief executive officer now 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 ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Jana Partners Management, Lp acquired 17,678 shares of the stock in a transaction dated Monday, May 12th. The shares were bought at an average cost of $23.09 per share, with a total value of $408,185.02. Following the completion of the purchase, the director now directly owns 5,482,337 shares in the company, valued at approximately $126,587,161.33. This trade represents a 0.32% increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last quarter, insiders bought 147,123 shares of company stock valued at $3,234,741. 11.10% of the stock is owned by insiders.

TreeHouse Foods Stock Performance

THS opened at $23.32 on Monday. The stock's 50 day simple moving average is $24.23 and its 200 day simple moving average is $30.49. The company has a debt-to-equity ratio of 0.90, a current ratio of 1.36 and a quick ratio of 0.63. The stock has a market cap of $1.18 billion, a P/E ratio of 43.19 and a beta of 0.30. TreeHouse Foods, Inc. has a 1-year low of $20.63 and a 1-year high of $43.84.

TreeHouse Foods (NYSE:THS - Get Free Report) last announced its quarterly earnings results 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. The company had revenue of $792.00 million for the quarter, compared to the consensus estimate of $789.66 million. TreeHouse Foods had a net margin of 0.80% and a return on equity of 6.42%. The company's revenue for the quarter was down 3.5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned ($0.03) earnings per share. As a group, equities analysts anticipate that TreeHouse Foods, Inc. will post 1.94 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on THS. Stifel Nicolaus lowered 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. Jefferies Financial Group decreased their price target on TreeHouse Foods from $37.00 to $31.00 and set a "hold" rating on the stock in a research note on Tuesday, February 18th. TD Cowen dropped their price objective on TreeHouse Foods from $32.00 to $27.00 and set a "hold" rating on the stock in a report on Friday, April 11th. 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. Finally, StockNews.com upgraded shares of TreeHouse Foods from a "sell" rating to a "hold" rating in a research report on Tuesday, February 18th. Eight research analysts have rated the stock with a hold rating, According to data from MarketBeat, the stock has an average 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.

Want to see what other hedge funds are holding THS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for TreeHouse Foods, Inc. (NYSE:THS - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.