TreeHouse Foods Inc. (THS) Stake Maintained by Chatham Capital Group Inc.
Chatham Capital Group Inc. maintained its stake in TreeHouse Foods Inc. (NYSE:THS) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 9,775 shares of the company’s stock at the end of the second quarter. Chatham Capital Group Inc.’s holdings in TreeHouse Foods were worth $1,003,000 as of its most recent filing with the SEC.
A number of other large investors have also bought and sold shares of the company. Independence Advisors LLC acquired a new stake in TreeHouse Foods during the second quarter valued at approximately $205,000. Quantitative Systematic Strategies LLC acquired a new stake in TreeHouse Foods during the second quarter valued at approximately $239,000. LS Investment Advisors LLC raised its stake in TreeHouse Foods by 72.0% in the second quarter. LS Investment Advisors LLC now owns 3,411 shares of the company’s stock valued at $350,000 after buying an additional 1,428 shares during the last quarter. 1st Global Advisors Inc. raised its stake in TreeHouse Foods by 0.5% in the second quarter. 1st Global Advisors Inc. now owns 4,832 shares of the company’s stock valued at $496,000 after buying an additional 22 shares during the last quarter. Finally, Capstone Asset Management Co. raised its stake in TreeHouse Foods by 40.0% in the second quarter. Capstone Asset Management Co. now owns 5,176 shares of the company’s stock valued at $531,000 after buying an additional 1,480 shares during the last quarter.
Shares of TreeHouse Foods Inc. (NYSE:THS) traded up 0.06% on Monday, reaching $87.12. 312,964 shares of the company were exchanged. The stock has a market capitalization of $4.94 billion, a price-to-earnings ratio of 55.49 and a beta of 0.40. TreeHouse Foods Inc. has a 52 week low of $66.30 and a 52 week high of $104.53. The firm’s 50 day moving average price is $89.00 and its 200 day moving average price is $93.56.
TreeHouse Foods (NYSE:THS) last issued its quarterly earnings data on Thursday, August 4th. The company reported $0.54 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.54. TreeHouse Foods had a net margin of 1.74% and a return on equity of 6.18%. The firm had revenue of $1.50 billion for the quarter, compared to the consensus estimate of $1.58 billion. During the same quarter in the previous year, the firm earned $0.66 EPS. The company’s quarterly revenue was up 103.0% compared to the same quarter last year. Equities research analysts anticipate that TreeHouse Foods Inc. will post $3.07 EPS for the current year.
Several research firms recently commented on THS. Zacks Investment Research lowered shares of TreeHouse Foods from a “buy” rating to a “hold” rating in a research note on Friday, July 8th. BMO Capital Markets reissued a “market perform” rating and set a $98.00 price objective on shares of TreeHouse Foods in a research note on Friday, August 5th. Jefferies Group upped their target price on shares of TreeHouse Foods from $110.00 to $115.00 and gave the stock a “buy” rating in a research note on Friday, July 15th. Susquehanna reiterated a “buy” rating on shares of TreeHouse Foods in a research note on Sunday, July 17th. Finally, JPMorgan Chase & Co. set a $119.00 target price on shares of TreeHouse Foods and gave the stock a “buy” rating in a research note on Friday, August 5th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and six have issued a buy rating to the stock. The company has a consensus rating of “Buy” and an average price target of $107.71.
In other news, VP Thomas Emmet Oneill III sold 6,000 shares of TreeHouse Foods stock in a transaction that occurred on Friday, August 19th. The shares were sold at an average price of $97.00, for a total value of $582,000.00. Following the transaction, the vice president now owns 145,138 shares of the company’s stock, valued at approximately $14,078,386. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 3.40% of the stock is currently owned by insiders.
TreeHouse Foods Company Profile
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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