TreeHouse Foods, Inc. (NYSE:THS) Shares Sold by Bridgewater Associates LP

Bridgewater Associates LP lessened its holdings in shares of TreeHouse Foods, Inc. (NYSE:THS - Free Report) by 70.5% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 9,663 shares of the company's stock after selling 23,068 shares during the period. Bridgewater Associates LP's holdings in TreeHouse Foods were worth $339,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the business. Blue Trust Inc. grew its position in shares of TreeHouse Foods by 456.7% in the 4th quarter. Blue Trust Inc. now owns 1,119 shares of the company's stock valued at $39,000 after buying an additional 918 shares during the last quarter. Sterling Capital Management LLC boosted its position in shares of TreeHouse Foods by 134.4% in the 4th 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 during the period. KBC Group NV boosted its position in shares of 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 purchasing an additional 877 shares during the period. CIBC Private Wealth Group LLC grew its stake 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 during the last quarter. Finally, Legacy Wealth Asset Management LLC acquired a new position in TreeHouse Foods during the fourth quarter worth approximately $216,000. Hedge funds and other institutional investors own 99.81% of the company's stock.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on THS. StockNews.com upgraded shares of TreeHouse Foods from a "sell" rating to a "hold" rating in a research note on Tuesday, February 18th. Stifel Nicolaus dropped their price target on TreeHouse Foods from $26.00 to $24.00 and set a "hold" rating on the stock in a research report on Thursday. Truist Financial decreased 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. TD Cowen dropped their target price on TreeHouse Foods from $32.00 to $27.00 and set a "hold" rating on the stock in a report on Friday, April 11th. Finally, Barclays upped their price target on TreeHouse Foods from $35.00 to $36.00 and gave the stock an "equal weight" rating in a research note on Tuesday, February 18th. Eight analysts have rated the stock with a hold rating, According to MarketBeat, the company presently has a consensus rating of "Hold" and a consensus price target of $30.50.

TreeHouse Foods Price Performance

Shares of TreeHouse Foods stock traded down $0.28 during trading on Friday, reaching $22.01. The company's stock had a trading volume of 147,917 shares, compared to its average volume of 582,686. The company has a market capitalization of $1.10 billion, a P/E ratio of 40.73 and a beta of 0.40. TreeHouse Foods, Inc. has a 12-month low of $21.39 and a 12-month high of $43.84. The business has a 50 day moving average price of $26.86 and a 200-day moving average price of $32.46. The company has a quick ratio of 0.63, a current ratio of 1.36 and a debt-to-equity ratio of 0.90.

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