TreeHouse Foods Inc. (NYSE:THS) hit a new 52-week high during trading on Friday . The stock traded as high as $103.78 and last traded at $103.48, with a volume of 299,629 shares. The stock had previously closed at $102.65.

Several research analysts have issued reports on the stock. Zacks Investment Research lowered shares of TreeHouse Foods from a “buy” rating to a “hold” rating in a research report on Friday. Susquehanna restated a “buy” rating on shares of TreeHouse Foods in a research report on Thursday, May 26th. Bank of America Corp. restated a “buy” rating on shares of TreeHouse Foods in a research report on Thursday, May 12th. Finally, KeyCorp assumed coverage on shares of TreeHouse Foods in a research report on Wednesday, May 25th. They issued an “overweight” rating and a $110.00 price target on the stock. Three research analysts have rated the stock with a hold rating and nine have given a buy rating to the company. The stock has a consensus rating of “Buy” and an average price target of $95.80.

The firm has a 50-day moving average of $96.55 and a 200-day moving average of $86.29. The stock has a market cap of $5.86 billion and a PE ratio of 50.831.

TreeHouse Foods (NYSE:THS) last released its earnings results on Thursday, May 5th. The company reported $0.48 earnings per share for the quarter, beating analysts’ consensus estimates of $0.41 by $0.07. During the same period last year, the business posted $0.59 EPS. The business earned $1.30 billion during the quarter, compared to the consensus estimate of $1.30 billion. The firm’s revenue for the quarter was up 62.2% on a year-over-year basis. On average, equities analysts anticipate that TreeHouse Foods Inc. will post $3.07 earnings per share for the current year.

In related news, SVP Erik Thomas Kahler sold 5,700 shares of the firm’s stock in a transaction on Wednesday, June 29th. The shares were sold at an average price of $100.00, for a total value of $570,000.00. Following the completion of the transaction, the senior vice president now owns 28,857 shares of the company’s stock, valued at $2,885,700. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, EVP Christopher D. Sliva sold 3,093 shares of the firm’s stock in a transaction on Monday, June 6th. The shares were sold at an average price of $95.11, for a total transaction of $294,175.23. Following the completion of the transaction, the executive vice president now directly owns 9,343 shares of the company’s stock, valued at approximately $888,612.73. The disclosure for this sale can be found here.

Other hedge funds have recently made changes to their positions in the company. Wells Fargo & Company MN boosted its stake in shares of TreeHouse Foods by 1.4% in the fourth quarter. Wells Fargo & Company MN now owns 1,080,151 shares of the company’s stock worth $84,749,000 after buying an additional 14,893 shares in the last quarter. Dimensional Fund Advisors LP boosted its stake in shares of TreeHouse Foods by 1.9% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,074,724 shares of the company’s stock worth $84,326,000 after buying an additional 20,075 shares in the last quarter. Victory Capital Management Inc. boosted its stake in shares of TreeHouse Foods by 9.3% in the fourth quarter. Victory Capital Management Inc. now owns 327,018 shares of the company’s stock worth $25,658,000 after buying an additional 27,844 shares in the last quarter. PNC Financial Services Group Inc. boosted its stake in shares of TreeHouse Foods by 16.3% in the fourth quarter. PNC Financial Services Group Inc. now owns 234,655 shares of the company’s stock worth $18,411,000 after buying an additional 32,815 shares in the last quarter. Finally, State of Wisconsin Investment Board boosted its stake in shares of TreeHouse Foods by 3.0% in the fourth quarter. State of Wisconsin Investment Board now owns 162,963 shares of the company’s stock worth $12,786,000 after buying an additional 4,762 shares in the last quarter.

TreeHouse Foods, Inc is a consumer packaged food and beverage manufacturing company. The Company’s segments include North American Retail Grocery, Food Away From Home, and Industrial and Export. Its North American Retail Grocery segment sells branded and private label products to customers within the United States and Canada.

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