TreeHouse Foods, Inc. $THS Shares Purchased by Quinn Opportunity Partners LLC

Quinn Opportunity Partners LLC grew its position in shares of TreeHouse Foods, Inc. (NYSE:THS) by 311.6% during the second quarter, HoldingsChannel reports. The firm owned 257,968 shares of the company’s stock after buying an additional 195,287 shares during the period. Quinn Opportunity Partners LLC’s holdings in TreeHouse Foods were worth $5,010,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Vanguard Group Inc. raised its holdings in shares of TreeHouse Foods by 1.4% during the first quarter. Vanguard Group Inc. now owns 5,573,043 shares of the company’s stock valued at $150,974,000 after buying an additional 77,457 shares during the last quarter. Sessa Capital IM L.P. increased its stake in TreeHouse Foods by 29.5% in the 1st quarter. Sessa Capital IM L.P. now owns 4,200,000 shares of the company’s stock valued at $113,778,000 after buying an additional 957,517 shares during the period. Charles Schwab Investment Management Inc. lifted its holdings in shares of TreeHouse Foods by 3.9% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 936,493 shares of the company’s stock valued at $25,370,000 after buying an additional 35,429 shares during the last quarter. Invesco Ltd. boosted its holdings in TreeHouse Foods by 3.3% in the first quarter. Invesco Ltd. now owns 335,550 shares of the company’s stock worth $9,090,000 after purchasing an additional 10,805 shares in the last quarter. Finally, Phocas Financial Corp. increased its holdings in shares of TreeHouse Foods by 152.1% during the 2nd quarter. Phocas Financial Corp. now owns 287,083 shares of the company’s stock valued at $5,575,000 after acquiring an additional 173,211 shares during the last quarter. 99.81% of the stock is currently owned by institutional investors and hedge funds.

TreeHouse Foods Trading Up 0.2%

THS opened at $23.41 on Wednesday. TreeHouse Foods, Inc. has a twelve month low of $15.85 and a twelve month high of $40.77. The stock has a market capitalization of $1.18 billion, a price-to-earnings ratio of -4.88 and a beta of 0.25. The company has a quick ratio of 0.38, a current ratio of 1.29 and a debt-to-equity ratio of 1.18. The company has a 50-day simple moving average of $18.85 and a 200 day simple moving average of $20.09.

TreeHouse Foods (NYSE:THS) last posted its earnings results on Monday, November 10th. The company reported $0.43 earnings per share for the quarter, missing analysts’ consensus estimates of $0.53 by ($0.10). TreeHouse Foods had a positive return on equity of 5.52% and a negative net margin of 7.25%.The business had revenue of $840.30 million for the quarter, compared to the consensus estimate of $853.53 million. During the same period in the previous year, the firm earned ($0.07) earnings per share. The company’s revenue was up .1% compared to the same quarter last year. Analysts predict that TreeHouse Foods, Inc. will post 1.94 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

THS has been the topic of a number of research reports. Weiss Ratings reaffirmed a “sell (d)” rating on shares of TreeHouse Foods in a research report on Thursday, October 30th. Barclays increased their price objective on TreeHouse Foods from $21.00 to $23.00 and gave the company an “equal weight” rating in a research report on Tuesday. Mizuho dropped their target price on shares of TreeHouse Foods from $24.00 to $22.00 and set a “neutral” rating for the company in a research report on Monday, July 28th. William Blair reissued a “market perform” rating on shares of TreeHouse Foods in a report on Tuesday. Finally, Zacks Research lowered shares of TreeHouse Foods from a “hold” rating to a “strong sell” rating in a research note on Friday, October 24th. Eight research analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Reduce” and an average target price of $24.25.

TreeHouse Foods Company 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.