RiverPark Advisors LLC decreased its stake in Treehouse Foods, Inc. (NYSE:THS) by 57.3% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 274,000 shares of the company’s stock after selling 367,000 shares during the period. Treehouse Foods comprises about 2.6% of RiverPark Advisors LLC’s investment portfolio, making the stock its 17th largest position. RiverPark Advisors LLC’s holdings in Treehouse Foods were worth $22,383,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of THS. First Mercantile Trust Co. boosted its stake in shares of Treehouse Foods by 97.4% in the second quarter. First Mercantile Trust Co. now owns 35,680 shares of the company’s stock valued at $2,915,000 after buying an additional 17,605 shares during the last quarter. Teacher Retirement System of Texas boosted its stake in shares of Treehouse Foods by 2.8% in the second quarter. Teacher Retirement System of Texas now owns 4,551 shares of the company’s stock valued at $372,000 after buying an additional 126 shares during the last quarter. Arizona State Retirement System boosted its stake in shares of Treehouse Foods by 1.7% in the second quarter. Arizona State Retirement System now owns 24,000 shares of the company’s stock valued at $1,961,000 after buying an additional 400 shares during the last quarter. Schwab Charles Investment Management Inc. boosted its stake in shares of Treehouse Foods by 20.1% in the second quarter. Schwab Charles Investment Management Inc. now owns 250,876 shares of the company’s stock valued at $20,495,000 after buying an additional 41,954 shares during the last quarter. Finally, Stoneridge Investment Partners LLC purchased a new stake in shares of Treehouse Foods during the second quarter valued at approximately $255,000.

Shares of Treehouse Foods, Inc. (NYSE THS) opened at 72.60 on Tuesday. The firm has a 50-day moving average price of $80.37 and a 200 day moving average price of $81.85. Treehouse Foods, Inc. has a one year low of $62.64 and a one year high of $97.74. The stock’s market capitalization is $4.15 billion.

Treehouse Foods (NYSE:THS) last released its quarterly earnings results on Thursday, August 3rd. The company reported $0.51 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.49 by $0.02. Treehouse Foods had a positive return on equity of 6.54% and a negative net margin of 3.90%. The company had revenue of $1.52 billion during the quarter, compared to analysts’ expectations of $1.54 billion. During the same period in the previous year, the firm posted $0.54 earnings per share. The business’s revenue for the quarter was down 1.2% compared to the same quarter last year. On average, equities analysts expect that Treehouse Foods, Inc. will post $3.19 EPS for the current fiscal year.

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Several brokerages recently commented on THS. Barclays PLC dropped their price target on Treehouse Foods from $90.00 to $84.00 and set an “overweight” rating for the company in a research report on Friday, August 4th. BMO Capital Markets dropped their price target on Treehouse Foods from $90.00 to $85.00 and set an “outperform” rating for the company in a research report on Friday, August 4th. Vertical Group cut Treehouse Foods from a “buy” rating to a “hold” rating and dropped their price target for the stock from $100.61 to $62.64 in a research report on Friday, August 4th. Vertical Research cut Treehouse Foods from a “buy” rating to a “hold” rating in a research report on Friday, August 4th. Finally, UBS AG cut Treehouse Foods from a “positive” rating to a “neutral” rating in a report on Friday, August 4th. Two research analysts have rated the stock with a sell rating, nine have issued a hold rating and five have assigned a buy rating to the company. Treehouse Foods has an average rating of “Hold” and a consensus price target of $85.29.

In other news, SVP Erik Thomas Kahler sold 5,700 shares of Treehouse Foods stock in a transaction on Thursday, June 15th. The stock was sold at an average price of $79.34, for a total value of $452,238.00. Following the completion of the sale, the senior vice president now owns 28,857 shares of the company’s stock, valued at $2,289,514.38. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Terdema L. Ussery II sold 8,200 shares of Treehouse Foods stock in a transaction on Thursday, May 18th. The shares were sold at an average price of $76.55, for a total value of $627,710.00. Following the completion of the sale, the director now directly owns 10,610 shares of the company’s stock, valued at approximately $812,195.50. The disclosure for this sale can be found here. 3.50% of the stock is owned by insiders.

About Treehouse Foods

TreeHouse Foods, Inc is a consumer packaged food and beverage manufacturer. The Company’s segments include North American Retail Grocery, Food Away From Home, and Industrial and Export. The Company manufactures a range of shelf stable, refrigerated, fresh and frozen products. Its product categories include beverages, salad dressings, snack nuts, beverage enhancers, pickles, sauces, cereals, pasta and dry dinners, cookies and crackers, retail bakery, aseptic products, jams and other products.

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Institutional Ownership by Quarter for Treehouse Foods (NYSE:THS)

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