TreeHouse Foods, Inc. (NYSE:THS) Shares Sold by Vanguard Group Inc.

Vanguard Group Inc. lessened its holdings in shares of TreeHouse Foods, Inc. (NYSE:THS - Free Report) by 4.8% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,044,862 shares of the company's stock after selling 306,672 shares during the period. Vanguard Group Inc. owned 10.93% of TreeHouse Foods worth $263,435,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the business. MetLife Investment Management LLC grew its stake in TreeHouse Foods by 1.0% during the 2nd quarter. MetLife Investment Management LLC now owns 26,999 shares of the company's stock valued at $1,360,000 after acquiring an additional 269 shares in the last quarter. The Manufacturers Life Insurance Company boosted its holdings in TreeHouse Foods by 1.4% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 20,645 shares of the company's stock valued at $1,040,000 after purchasing an additional 293 shares during the last quarter. Verdence Capital Advisors LLC boosted its holdings in TreeHouse Foods by 5.3% in the 3rd quarter. Verdence Capital Advisors LLC now owns 5,982 shares of the company's stock valued at $261,000 after purchasing an additional 303 shares during the last quarter. Cavalier Investments LLC boosted its holdings in TreeHouse Foods by 3.5% in the 3rd quarter. Cavalier Investments LLC now owns 10,350 shares of the company's stock valued at $451,000 after purchasing an additional 349 shares during the last quarter. Finally, Commonwealth Equity Services LLC boosted its holdings in TreeHouse Foods by 5.5% in the 3rd quarter. Commonwealth Equity Services LLC now owns 7,321 shares of the company's stock valued at $319,000 after purchasing an additional 384 shares during the last quarter. Hedge funds and other institutional investors own 99.81% of the company's stock.

Analyst Ratings Changes

Separately, Truist Financial lowered shares of TreeHouse Foods from a "buy" rating to a "hold" rating and decreased their target price for the company from $45.00 to $35.00 in a report on Tuesday, February 20th. Six investment analysts have rated the stock with a hold rating, According to MarketBeat, the company currently has an average rating of "Hold" and an average price target of $46.67.

TreeHouse Foods Trading Down 0.5 %

Shares of THS stock traded down $0.21 during trading hours on Friday, hitting $38.95. The company had a trading volume of 387,682 shares, compared to its average volume of 616,054. The company's fifty day moving average is $39.09 and its 200 day moving average is $40.83. The company has a debt-to-equity ratio of 0.84, a current ratio of 1.50 and a quick ratio of 0.74. TreeHouse Foods, Inc. has a fifty-two week low of $34.76 and a fifty-two week high of $55.30. The stock has a market capitalization of $2.10 billion, a PE ratio of 41.00 and a beta of 0.34.

TreeHouse Foods (NYSE:THS - Get Free Report) last issued its quarterly earnings data on Friday, February 16th. The company reported $0.77 EPS for the quarter, topping the consensus estimate of $0.71 by $0.06. TreeHouse Foods had a net margin of 1.51% and a return on equity of 8.09%. The firm had revenue of $910.60 million for the quarter, compared to analyst estimates of $924.87 million. During the same period in the prior year, the business posted $0.98 EPS. The business's revenue for the quarter was down 8.6% compared to the same quarter last year. Research analysts expect that TreeHouse Foods, Inc. will post 2.22 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.