Marshall Wace LLP Makes New $5.37 Million Investment in TreeHouse Foods, Inc. (NYSE:THS)

Marshall Wace LLP purchased a new position in shares of TreeHouse Foods, Inc. (NYSE:THS - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 152,733 shares of the company's stock, valued at approximately $5,366,000. Marshall Wace LLP owned approximately 0.30% of TreeHouse Foods at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Raymond James Financial Inc. acquired a new position in shares of TreeHouse Foods during the fourth quarter valued at approximately $10,362,000. Entropy Technologies LP acquired a new position in shares of TreeHouse Foods during the 4th quarter valued at $333,000. JPMorgan Chase & Co. raised its stake in shares of TreeHouse Foods by 187.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 316,428 shares of the company's stock worth $13,284,000 after buying an additional 206,411 shares in the last quarter. Roberts Wealth Advisors LLC lifted its holdings in shares of TreeHouse Foods by 297.4% in the fourth quarter. Roberts Wealth Advisors LLC now owns 85,256 shares of the company's stock valued at $2,858,000 after buying an additional 63,804 shares during the period. Finally, Barclays PLC boosted its stake in TreeHouse Foods by 7.0% during the third quarter. Barclays PLC now owns 337,657 shares of the company's stock valued at $14,175,000 after buying an additional 21,951 shares in the last quarter. 99.81% of the stock is currently owned by institutional investors.

TreeHouse Foods Stock Up 0.8 %

Shares of TreeHouse Foods stock traded up $0.19 during midday trading on Tuesday, hitting $22.56. The company's stock had a trading volume of 77,061 shares, compared to its average volume of 585,200. TreeHouse Foods, Inc. has a 1-year low of $21.39 and a 1-year high of $43.84. The company has a quick ratio of 0.63, a current ratio of 1.36 and a debt-to-equity ratio of 0.90. The firm has a market capitalization of $1.13 billion, a P/E ratio of 41.87 and a beta of 0.40. The stock has a 50-day simple moving average of $26.54 and a 200-day simple moving average of $32.09.

TreeHouse Foods (NYSE:THS - Get Free Report) last announced its quarterly earnings data on Friday, February 14th. The company reported $0.95 EPS for the quarter, missing analysts' consensus estimates of $0.97 by ($0.02). The business had revenue of $905.70 million for the quarter, compared to analyst estimates of $907.71 million. TreeHouse Foods had a return on equity of 6.42% and a net margin of 0.80%. The company's revenue was down .5% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.77 earnings per share. As a group, sell-side analysts expect that TreeHouse Foods, Inc. will post 1.94 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on the stock. Jefferies Financial Group dropped their price target on shares of TreeHouse Foods from $37.00 to $31.00 and set a "hold" rating on the stock in a research report on Tuesday, February 18th. Stifel Nicolaus cut their target price on shares of TreeHouse Foods from $26.00 to $24.00 and set a "hold" rating for the company in a research note on Thursday, April 24th. Barclays lifted their price target on shares of TreeHouse Foods from $35.00 to $36.00 and gave the stock an "equal weight" rating in a research report on Tuesday, February 18th. Truist Financial cut their price objective on TreeHouse Foods from $30.00 to $25.00 and set a "hold" rating for the company in a research report on Thursday, April 24th. Finally, StockNews.com upgraded TreeHouse Foods from a "sell" rating to a "hold" rating in a research report on Tuesday, February 18th. Eight analysts have rated the stock with a hold rating, Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus price target of $30.50.

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.