Deutsche Bank AG Has $5.57 Million Holdings in TreeHouse Foods, Inc. (NYSE:THS)

Deutsche Bank AG boosted its holdings in TreeHouse Foods, Inc. (NYSE:THS - Free Report) by 9.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (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 approximately 0.31% of TreeHouse Foods worth $5,566,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Blue Trust Inc. boosted its holdings in TreeHouse Foods by 456.7% in the fourth quarter. Blue Trust Inc. now owns 1,119 shares of the company's stock worth $39,000 after purchasing an additional 918 shares during the period. Sterling Capital Management LLC boosted its holdings in shares of TreeHouse Foods by 134.4% during the fourth quarter. Sterling Capital Management LLC now owns 2,374 shares of the company's stock valued at $83,000 after acquiring an additional 1,361 shares during the period. KBC Group NV boosted its holdings in shares of TreeHouse Foods by 45.1% during the fourth 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. CIBC Private Wealth Group LLC boosted its holdings in shares of TreeHouse Foods by 58.2% during the fourth quarter. CIBC Private Wealth Group LLC now owns 4,101 shares of the company's stock valued at $142,000 after acquiring an additional 1,508 shares during the period. Finally, Legacy Wealth Asset Management LLC acquired a new stake in TreeHouse Foods in the fourth quarter worth about $216,000. Institutional investors and hedge funds own 99.81% of the company's stock.

Insider Activity at TreeHouse Foods

In related news, CEO Steven Oakland bought 4,660 shares of the firm's stock in a transaction on Thursday, May 8th. The stock was purchased at an average price of $21.46 per share, with a total value of $100,003.60. Following the completion of the transaction, the chief executive officer now directly owns 369,521 shares of the company's stock, valued at $7,929,920.66. This trade represents a 1.28% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Jana Partners Management, Lp bought 124,785 shares of the firm's stock in a transaction on Thursday, May 8th. The shares were bought at an average cost of $21.85 per share, with a total value of $2,726,552.25. Following the transaction, the director now directly owns 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 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 corporate insiders.

Wall Street Analyst Weigh In

THS has been the subject of several research analyst reports. Wall Street Zen raised shares of TreeHouse Foods from a "sell" rating to a "hold" rating in a report on Tuesday, February 18th. Barclays reduced their price objective on shares of TreeHouse Foods from $26.00 to $25.00 and set an "equal weight" rating for the company in a report on Thursday, May 8th. TD Cowen reduced their price objective on shares of TreeHouse Foods from $32.00 to $27.00 and set a "hold" rating for the company in a report on Friday, April 11th. Truist Financial reduced their price objective on shares of TreeHouse Foods from $25.00 to $20.00 and set a "hold" rating for the company in a report on Thursday, May 8th. Finally, Stifel Nicolaus reduced their price objective on shares of TreeHouse Foods from $26.00 to $24.00 and set a "hold" rating for the company in a report on Thursday, April 24th. Eight investment 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 Trading Down 2.1%

NYSE THS traded down $0.48 on Friday, hitting $22.00. 431,664 shares of the company were exchanged, compared to its average volume of 610,409. The company's 50 day moving average price is $23.70 and its 200-day moving average price is $30.03. 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 firm has a market capitalization of $1.11 billion, a P/E ratio of 40.75 and a beta of 0.30. TreeHouse Foods, Inc. has a twelve month low of $20.63 and a twelve month high of $43.84.

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

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.