Dean Investment Associates LLC Boosts Stock Holdings in TreeHouse Foods, Inc. (NYSE:THS)

Dean Investment Associates LLC grew its position in TreeHouse Foods, Inc. (NYSE:THS) by 49.4% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 97,799 shares of the company’s stock after purchasing an additional 32,336 shares during the period. Dean Investment Associates LLC owned about 0.19% of TreeHouse Foods worth $4,106,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Signaturefd LLC grew its position in TreeHouse Foods by 42.1% in the 3rd quarter. Signaturefd LLC now owns 999 shares of the company’s stock worth $42,000 after purchasing an additional 296 shares in the last quarter. Canada Pension Plan Investment Board purchased a new position in shares of TreeHouse Foods in the 2nd quarter worth approximately $37,000. Innealta Capital LLC bought a new position in shares of TreeHouse Foods in the second quarter valued at approximately $44,000. GAMMA Investing LLC increased its position in shares of TreeHouse Foods by 304.7% during the second quarter. GAMMA Investing LLC now owns 1,291 shares of the company’s stock valued at $47,000 after acquiring an additional 972 shares during the last quarter. Finally, Rothschild Investment LLC bought a new stake in TreeHouse Foods during the second quarter worth $67,000. 99.81% of the stock is owned by institutional investors.

Analysts Set New Price Targets

THS has been the subject of a number of recent analyst reports. Barclays reduced their price objective on TreeHouse Foods from $39.00 to $32.00 and set an “equal weight” rating for the company in a research note on Wednesday, November 13th. StockNews.com downgraded shares of TreeHouse Foods from a “hold” rating to a “sell” rating in a report on Wednesday. Stifel Nicolaus lowered their price objective on shares of TreeHouse Foods from $41.00 to $32.00 and set a “hold” rating on the stock in a research report on Wednesday, November 13th. Mizuho increased their target price on shares of TreeHouse Foods from $37.00 to $40.00 and gave the company a “neutral” rating in a research report on Monday, August 26th. Finally, Truist Financial lowered their price target on shares of TreeHouse Foods from $35.00 to $30.00 and set a “hold” rating on the stock in a report on Wednesday, November 13th. One investment analyst has rated the stock with a sell rating and six have assigned a hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $34.20.

TreeHouse Foods Trading Up 0.5 %

Shares of THS opened at $33.38 on Friday. The business’s 50-day moving average price is $37.22 and its 200-day moving average price is $38.08. The company has a quick ratio of 0.53, a current ratio of 1.40 and a debt-to-equity ratio of 0.90. TreeHouse Foods, Inc. has a twelve month low of $28.04 and a twelve month high of $43.84. The stock has a market cap of $1.71 billion, a PE ratio of -71.02 and a beta of 0.23.

TreeHouse Foods (NYSE:THS) last posted its earnings results on Tuesday, November 12th. The company reported $0.74 earnings per share for the quarter, missing analysts’ consensus estimates of $0.75 by ($0.01). TreeHouse Foods had a positive return on equity of 5.94% and a negative net margin of 0.72%. The firm had revenue of $854.40 million for the quarter, compared to the consensus estimate of $881.15 million. During the same period last year, the company posted $0.57 EPS. The business’s revenue was down 1.0% on a year-over-year basis. On average, equities analysts forecast that TreeHouse Foods, Inc. will post 1.96 EPS for the current fiscal year.

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.