TreeHouse Foods, Inc. (NYSE:THS) Shares Sold by Peregrine Capital Management LLC

Peregrine Capital Management LLC decreased its holdings in TreeHouse Foods, Inc. (NYSE:THS - Free Report) by 14.7% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 175,105 shares of the company's stock after selling 30,221 shares during the period. Peregrine Capital Management LLC owned approximately 0.32% of TreeHouse Foods worth $7,258,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. JANA Partners Management LP bought a new stake in TreeHouse Foods during the 3rd quarter worth approximately $213,877,000. Shapiro Capital Management LLC raised its position in shares of TreeHouse Foods by 47.7% in the first quarter. Shapiro Capital Management LLC now owns 2,628,233 shares of the company's stock worth $84,787,000 after buying an additional 848,909 shares in the last quarter. Dimensional Fund Advisors LP raised its position in TreeHouse Foods by 21.5% during the first quarter. Dimensional Fund Advisors LP now owns 2,100,638 shares of the company's stock valued at $67,767,000 after purchasing an additional 371,394 shares in the last quarter. State Street Corp raised its position in TreeHouse Foods by 1.2% during the second quarter. State Street Corp now owns 1,997,638 shares of the company's stock valued at $83,541,000 after purchasing an additional 23,101 shares in the last quarter. Finally, Wellington Management Group LLP grew its stake in shares of TreeHouse Foods by 6.5% during the third quarter. Wellington Management Group LLP now owns 1,231,391 shares of the company's stock valued at $53,664,000 after buying an additional 75,162 shares during the last quarter. Institutional investors own 99.81% of the company's stock.

Analysts Set New Price Targets

Separately, Truist Financial lowered shares of TreeHouse Foods from a "buy" rating to a "hold" rating and lowered their price objective for the stock from $45.00 to $35.00 in a report on Tuesday, February 20th. Six research analysts have rated the stock with a hold rating, Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus price target of $46.67.

TreeHouse Foods Price Performance

Shares of NYSE THS traded up $0.06 during mid-day trading on Thursday, hitting $37.08. 497,809 shares of the company's stock traded hands, compared to its average volume of 549,707. The company's 50-day moving average is $38.25 and its two-hundred day moving average is $40.25. The company has a debt-to-equity ratio of 0.84, a current ratio of 1.50 and a quick ratio of 0.74. The company has a market capitalization of $2.00 billion, a P/E ratio of 39.03 and a beta of 0.35. TreeHouse Foods, Inc. has a 1 year low of $34.76 and a 1 year high of $55.30.

TreeHouse Foods (NYSE:THS - Get Free Report) last released its quarterly earnings data on Friday, February 16th. The company reported $0.77 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.71 by $0.06. The firm had revenue of $910.60 million for the quarter, compared to the consensus estimate of $924.87 million. TreeHouse Foods had a net margin of 1.51% and a return on equity of 8.09%. The company's quarterly revenue was down 8.6% on a year-over-year basis. During the same period last year, the firm earned $0.98 earnings per share. On average, equities analysts anticipate that TreeHouse Foods, Inc. will post 2.22 EPS for the current fiscal year.

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.