Sapience Investments LLC Has $2.01 Million Holdings in TreeHouse Foods, Inc. (NYSE:THS)

Sapience Investments LLC cut its position in shares of TreeHouse Foods, Inc. (NYSE:THS - Free Report) by 60.8% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 57,161 shares of the company's stock after selling 88,829 shares during the quarter. Sapience Investments LLC owned 0.11% of TreeHouse Foods worth $2,008,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of THS. Blue Trust Inc. grew its stake in shares of TreeHouse Foods by 456.7% during the 4th quarter. Blue Trust Inc. now owns 1,119 shares of the company's stock worth $39,000 after acquiring an additional 918 shares in the last quarter. Sterling Capital Management LLC grew its position in TreeHouse Foods by 134.4% in the fourth quarter. Sterling Capital Management LLC now owns 2,374 shares of the company's stock valued at $83,000 after purchasing an additional 1,361 shares in the last quarter. KBC Group NV increased its stake in TreeHouse Foods by 45.1% in the 4th quarter. KBC Group NV now owns 2,820 shares of the company's stock valued at $99,000 after buying an additional 877 shares during the last quarter. CIBC Private Wealth Group LLC lifted its position in TreeHouse Foods by 58.2% during the 4th quarter. CIBC Private Wealth Group LLC now owns 4,101 shares of the company's stock worth $142,000 after buying an additional 1,508 shares in the last quarter. Finally, Legacy Wealth Asset Management LLC acquired a new position in shares of TreeHouse Foods during the 4th quarter worth about $216,000. Institutional investors and hedge funds own 99.81% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on THS. Barclays lowered their target price on TreeHouse Foods from $26.00 to $25.00 and set an "equal weight" rating on the stock in a research report on Thursday, May 8th. Jefferies Financial Group lowered their price target on 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 decreased their price objective 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. 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. Finally, Truist Financial decreased their target price on TreeHouse Foods from $25.00 to $20.00 and set a "hold" rating on the stock in a research report on Thursday, May 8th. Eight research analysts have rated the stock with a hold rating, Based on data from MarketBeat, TreeHouse Foods has an average rating of "Hold" and an average target price of $27.83.

TreeHouse Foods Price Performance

Shares of NYSE THS traded up $0.09 during midday trading on Thursday, reaching $22.60. The company's stock had a trading volume of 197,027 shares, compared to its average volume of 606,196. The company has a debt-to-equity ratio of 0.90, a quick ratio of 0.63 and a current ratio of 1.36. The company has a market cap of $1.14 billion, a P/E ratio of 41.81 and a beta of 0.30. The business's 50 day moving average price is $23.93 and its two-hundred day moving average price is $30.29. TreeHouse Foods, Inc. has a fifty-two week low of $20.63 and a fifty-two week high of $43.84.

TreeHouse Foods (NYSE:THS - Get Free Report) last announced its quarterly earnings data on Tuesday, May 6th. The company reported $0.03 earnings per share for the quarter, beating the consensus estimate of ($0.21) by $0.24. TreeHouse Foods had a return on equity of 6.42% and a net margin of 0.80%. The firm had revenue of $792.00 million during the quarter, compared to analysts' expectations of $789.66 million. During the same period in the previous year, the firm earned ($0.03) EPS. The company's quarterly revenue was down 3.5% compared to the same quarter last year. On average, analysts forecast that TreeHouse Foods, Inc. will post 1.94 EPS for the current fiscal year.

Insider Buying and Selling at TreeHouse Foods

In other news, CEO Steven Oakland acquired 4,660 shares of TreeHouse Foods stock in a transaction that occurred on Thursday, May 8th. The shares were acquired at an average price of $21.46 per share, for a total transaction of $100,003.60. Following the transaction, the chief executive officer now directly owns 369,521 shares of the company's stock, valued at approximately $7,929,920.66. The trade was a 1.28% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Jana Partners Management, Lp bought 124,785 shares of the company's stock in a transaction on Thursday, May 8th. The stock was purchased at an average price of $21.85 per share, with a total value of $2,726,552.25. Following the completion of the transaction, the director now directly owns 5,040,533 shares of the company's stock, valued at approximately $110,135,646.05. The trade was a 2.54% increase in their position. The disclosure for this purchase can be found here. In the last quarter, insiders have acquired 147,123 shares of company stock valued at $3,234,741. 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.