Two Sigma Investments LP Has $5.36 Million Stake in TreeHouse Foods, Inc. (NYSE:THS)

Two Sigma Investments LP increased its position in shares of TreeHouse Foods, Inc. (NYSE:THS - Free Report) by 105.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 152,698 shares of the company's stock after acquiring an additional 78,250 shares during the quarter. Two Sigma Investments LP owned about 0.30% of TreeHouse Foods worth $5,364,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of THS. Raymond James Financial Inc. acquired a new stake in shares of TreeHouse Foods in the fourth quarter worth $10,362,000. Entropy Technologies LP purchased a new position in shares of TreeHouse Foods in the fourth quarter worth about $333,000. Northern Trust Corp lifted its stake in shares of TreeHouse Foods by 5.9% in the fourth quarter. Northern Trust Corp now owns 502,601 shares of the company's stock worth $17,656,000 after buying an additional 28,029 shares in the last quarter. Barclays PLC lifted its stake in shares of TreeHouse Foods by 7.0% in the third quarter. Barclays PLC now owns 337,657 shares of the company's stock worth $14,175,000 after buying an additional 21,951 shares in the last quarter. Finally, Alliancebernstein L.P. grew its stake in shares of TreeHouse Foods by 218.3% in the 4th quarter. Alliancebernstein L.P. now owns 166,767 shares of the company's stock valued at $5,859,000 after buying an additional 114,380 shares during the period. Institutional investors own 99.81% of the company's stock.

TreeHouse Foods Stock Performance

TreeHouse Foods stock traded down $0.02 during mid-day trading on Friday, reaching $22.50. The company's stock had a trading volume of 499,532 shares, compared to its average volume of 609,408. The firm has a market cap of $1.14 billion, a price-to-earnings ratio of 41.67 and a beta of 0.30. The business has a 50 day moving average price of $23.30 and a 200-day moving average price of $29.59. The company has a current ratio of 1.36, a quick ratio of 0.63 and a debt-to-equity ratio of 0.90. 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 for the quarter, topping 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 business had revenue of $792.00 million during the quarter, compared to the consensus estimate of $789.66 million. During the same quarter in the prior year, the company posted ($0.03) earnings per share. The company's quarterly revenue was down 3.5% compared to the same quarter last year. Sell-side analysts predict that TreeHouse Foods, Inc. will post 1.94 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on the stock. Barclays dropped 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 report on Thursday, May 8th. 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 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 research report on Friday, April 11th. Stifel Nicolaus reduced 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 report on Thursday, April 24th. Finally, Wall Street Zen raised shares of TreeHouse Foods from a "sell" rating to a "hold" rating in a research note on Tuesday, February 18th. Eight investment analysts have rated the stock with a hold rating, Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and an average price target of $27.83.

Insider Buying and Selling at TreeHouse Foods

In other news, CEO Steven Oakland bought 4,660 shares of the business's stock in a transaction that occurred on Thursday, May 8th. The stock was acquired 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 now owns 369,521 shares of the company's stock, valued at $7,929,920.66. This trade represents a 1.28% increase in their position. The purchase was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Jana Partners Management, Lp bought 17,678 shares of the business's stock in a transaction that occurred on Monday, May 12th. The stock was purchased at an average price 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 of the company's stock, valued at $126,587,161.33. This represents a 0.32% increase in their position. The disclosure for this purchase can be found here. Insiders have acquired a total of 147,123 shares of company stock valued at $3,234,741 in the last 90 days. 11.10% of the stock is currently owned by corporate insiders.

TreeHouse Foods 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.