TreeHouse Foods Inc. (NYSE:THS) fell 4.7% during mid-day trading on Thursday . The company traded as low as $94.62 and last traded at $96.76, with a volume of 1,843,685 shares changing hands. The stock had previously closed at $101.56.

A number of brokerages recently issued reports on THS. Jefferies Group restated a “buy” rating on shares of TreeHouse Foods in a research note on Monday. Zacks Investment Research upgraded TreeHouse Foods from a “hold” rating to a “strong-buy” rating and set a $119.00 price objective on the stock in a research note on Monday, July 25th. Susquehanna restated a “buy” rating on shares of TreeHouse Foods in a research note on Sunday, July 17th. KeyCorp started coverage on TreeHouse Foods in a report on Wednesday, May 25th. They set an “overweight” rating and a $110.00 price objective for the company. Finally, Bank of America Corp. reissued a “buy” rating on shares of TreeHouse Foods in a report on Thursday, May 12th. Two analysts have rated the stock with a hold rating, seven have given a buy rating and one has given a strong buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus price target of $98.67.

The firm’s 50 day moving average is $100.86 and its 200 day moving average is $90.00. The company has a market capitalization of $5.45 billion and a PE ratio of 47.25.

TreeHouse Foods (NYSE:THS) last posted its quarterly earnings data on Thursday, August 4th. The company reported $0.54 EPS for the quarter, hitting the consensus estimate of $0.54. During the same period last year, the business earned $0.66 EPS. The company earned $1.50 billion during the quarter, compared to the consensus estimate of $1.58 billion. The firm’s quarterly revenue was up 103.0% compared to the same quarter last year. Analysts forecast that TreeHouse Foods Inc. will post $3.07 EPS for the current fiscal year.

In other news, SVP Erik Thomas Kahler sold 5,700 shares of the firm’s stock in a transaction dated Monday, May 16th. The stock was sold at an average price of $95.00, for a total value of $541,500.00. Following the transaction, the senior vice president now owns 25,246 shares of the company’s stock, valued at $2,398,370. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CAO Thomas Emmet Oneill III sold 4,210 shares of the firm’s stock in a transaction dated Monday, June 6th. The stock was sold at an average price of $95.01, for a total value of $399,992.10. Following the completion of the transaction, the chief accounting officer now directly owns 144,159 shares in the company, valued at approximately $13,696,546.59. The disclosure for this sale can be found here.

Several hedge funds have added to or reduced their stakes in the company. First Trust Advisors LP boosted its stake in TreeHouse Foods by 35.4% in the fourth quarter. First Trust Advisors LP now owns 50,185 shares of the company’s stock valued at $3,938,000 after buying an additional 13,128 shares in the last quarter. New York State Common Retirement Fund boosted its stake in TreeHouse Foods by 3.2% in the fourth quarter. New York State Common Retirement Fund now owns 44,575 shares of the company’s stock valued at $3,497,000 after buying an additional 1,383 shares in the last quarter. Robeco Institutional Asset Management B.V. boosted its stake in TreeHouse Foods by 3.0% in the fourth quarter. Robeco Institutional Asset Management B.V. now owns 25,757 shares of the company’s stock valued at $2,021,000 after buying an additional 757 shares in the last quarter. Mutual of America Capital Management LLC boosted its stake in TreeHouse Foods by 2.7% in the fourth quarter. Mutual of America Capital Management LLC now owns 29,432 shares of the company’s stock valued at $2,309,000 after buying an additional 764 shares in the last quarter. Finally, Wells Fargo & Company MN boosted its stake in TreeHouse Foods by 1.4% in the fourth quarter. Wells Fargo & Company MN now owns 1,080,151 shares of the company’s stock valued at $84,749,000 after buying an additional 14,893 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. It manufactures a range of shelf stable, refrigerated and fresh products. Its product categories include beverages, salad dressings, snacks, beverage enhancers, pickles, Mexican and other sauces, soup and infant feeding, cereals, dry dinners, aseptic products, jams and other products.

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