Mutual of America Capital Management LLC Has $9.38 Million Stock Holdings in TreeHouse Foods, Inc. (NYSE:THS)

Mutual of America Capital Management LLC trimmed its position in shares of TreeHouse Foods, Inc. (NYSE:THS - Free Report) by 56.7% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 226,310 shares of the company's stock after selling 296,699 shares during the period. Mutual of America Capital Management LLC owned 0.41% of TreeHouse Foods worth $9,381,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. JANA Partners Management LP bought a new stake in TreeHouse Foods during the 3rd quarter valued at about $213,877,000. Shapiro Capital Management LLC grew its position in TreeHouse Foods by 47.7% during the 1st quarter. Shapiro Capital Management LLC now owns 2,628,233 shares of the company's stock worth $84,787,000 after purchasing an additional 848,909 shares during the last quarter. Millennium Management LLC boosted its holdings in shares of TreeHouse Foods by 1,739.5% in the 2nd quarter. Millennium Management LLC now owns 491,847 shares of the company's stock valued at $20,569,000 after acquiring an additional 521,847 shares during the last quarter. Armistice Capital LLC purchased a new stake in shares of TreeHouse Foods in the 3rd quarter valued at $19,173,000. Finally, Dimensional Fund Advisors LP boosted its holdings 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 worth $67,767,000 after buying an additional 371,394 shares in the last quarter. 99.81% of the stock is currently owned by institutional investors.


TreeHouse Foods Stock Performance

THS stock traded down $0.74 on Friday, hitting $36.32. The company's stock had a trading volume of 362,762 shares, compared to its average volume of 547,074. The company has a current ratio of 1.50, a quick ratio of 0.74 and a debt-to-equity ratio of 0.84. The stock has a market cap of $1.96 billion, a price-to-earnings ratio of 38.23 and a beta of 0.35. The firm has a 50 day moving average of $38.11 and a two-hundred day moving average of $40.20. 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 announced its quarterly earnings data on Friday, February 16th. The company reported $0.77 earnings per share (EPS) for the quarter, beating 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 company had revenue of $910.60 million for the quarter, compared to analysts' expectations of $924.87 million. During the same period in the previous year, the company posted $0.98 EPS. TreeHouse Foods's revenue was down 8.6% compared to the same quarter last year. Equities analysts predict that TreeHouse Foods, Inc. will post 2.22 EPS for the current fiscal year.

Wall Street Analyst Weigh In

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

Read Our Latest Report on TreeHouse Foods

TreeHouse Foods Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for TreeHouse Foods (NYSE:THS)

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