Shares of 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 traded. The stock had previously closed at $101.56.

A number of brokerages recently issued reports on THS. Susquehanna restated a “buy” rating on shares of TreeHouse Foods in a research report on Sunday, July 17th. BMO Capital Markets restated a “hold” rating and issued a $98.00 price target on shares of TreeHouse Foods in a research report on Friday. Zacks Investment Research downgraded TreeHouse Foods from a “buy” rating to a “hold” rating in a research report on Friday, July 8th. KeyCorp began coverage on TreeHouse Foods in a research report on Wednesday, May 25th. They set an “overweight” rating and a $110.00 target price for the company. Finally, JPMorgan Chase & Co. set a $119.00 target price on TreeHouse Foods and gave the stock a “buy” rating in a research report on Friday. Two investment analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the company. The company presently has a consensus rating of “Buy” and an average target price of $103.00.

The company’s 50-day moving average is $100.97 and its 200 day moving average is $90.12. The stock has a market cap of $5.65 billion and a PE ratio of 49.01.

TreeHouse Foods (NYSE:THS) last released its quarterly earnings data on Thursday, August 4th. The company reported $0.54 EPS for the quarter, meeting analysts’ consensus estimates of $0.54. The business earned $1.50 billion during the quarter, compared to analysts’ expectations of $1.58 billion. The company’s revenue was up 103.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.66 EPS. Equities research analysts forecast that TreeHouse Foods Inc. will post $3.07 EPS for the current year.

In related news, SVP Erik Thomas Kahler sold 5,700 shares of the firm’s stock in a transaction that occurred on Wednesday, June 29th. The stock was sold at an average price of $100.00, for a total transaction of $570,000.00. Following the transaction, the senior vice president now owns 28,857 shares in the company, valued at approximately $2,885,700. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Ann Sardini sold 3,830 shares of the firm’s stock in a transaction that occurred on Wednesday, June 29th. The stock was sold at an average price of $98.77, for a total value of $378,289.10. Following the transaction, the director now owns 4,020 shares in the company, valued at approximately $397,055.40. The disclosure for this sale can be found here.

A number of hedge funds and institutional investors have recently added to or reduced their stakes in the company. Mutual of America Capital Management LLC increased its position 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 worth $2,309,000 after buying an additional 764 shares in the last quarter. New York State Common Retirement Fund increased its position 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 worth $3,497,000 after buying an additional 1,383 shares in the last quarter. Principal Financial Group Inc. increased its position in TreeHouse Foods by 2.7% in the fourth quarter. Principal Financial Group Inc. now owns 135,298 shares of the company’s stock worth $10,616,000 after buying an additional 3,525 shares in the last quarter. First Trust Advisors LP increased its position in TreeHouse Foods by 35.4% in the fourth quarter. First Trust Advisors LP now owns 50,185 shares of the company’s stock worth $3,938,000 after buying an additional 13,128 shares in the last quarter. Finally, Wells Fargo & Company MN increased its position 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 worth $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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