TreeHouse Foods Inc. (NYSE:THS) CEO Sam K. Reed sold 11,480 shares of the company’s stock in a transaction that occurred on Monday, January 8th. The shares were sold at an average price of $49.72, for a total value of $570,785.60. Following the completion of the transaction, the chief executive officer now directly owns 81,147 shares in the company, valued at approximately $4,034,628.84. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Shares of TreeHouse Foods Inc. (NYSE THS) opened at $48.87 on Friday. The stock has a market capitalization of $2,800.00, a P/E ratio of -10.84, a P/E/G ratio of 2.76 and a beta of 0.49. TreeHouse Foods Inc. has a 12-month low of $40.26 and a 12-month high of $90.42. The company has a debt-to-equity ratio of 1.01, a quick ratio of 0.81 and a current ratio of 2.16.

TreeHouse Foods (NYSE:THS) last issued its earnings results on Thursday, November 2nd. The company reported $0.67 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.78 by ($0.11). The business had revenue of $1.55 billion during the quarter, compared to analyst estimates of $1.52 billion. TreeHouse Foods had a negative net margin of 4.06% and a positive return on equity of 6.61%. The company’s revenue for the quarter was down 2.4% compared to the same quarter last year. During the same period in the prior year, the business posted $0.70 EPS. analysts forecast that TreeHouse Foods Inc. will post 2.73 EPS for the current fiscal year.

TreeHouse Foods announced that its Board of Directors has authorized a share buyback plan on Thursday, November 2nd that allows the company to repurchase $400.00 million in outstanding shares. This repurchase authorization allows the company to buy shares of its stock through open market purchases. Shares repurchase plans are generally an indication that the company’s board believes its stock is undervalued.

A number of brokerages recently issued reports on THS. Jefferies Group set a $100.00 price target on TreeHouse Foods and gave the stock a “buy” rating in a research report on Sunday, October 29th. JPMorgan Chase & Co. set a $39.00 price target on TreeHouse Foods and gave the stock a “sell” rating in a research report on Wednesday, December 13th. TheStreet downgraded TreeHouse Foods from a “c-” rating to a “d+” rating in a research report on Friday, November 10th. Vertical Group raised TreeHouse Foods from a “hold” rating to a “buy” rating in a research report on Thursday, November 16th. Finally, Susquehanna Bancshares reissued a “hold” rating and set a $75.00 price target on shares of TreeHouse Foods in a research report on Monday, October 9th. Two equities research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and four have issued a buy rating to the company. The company presently has a consensus rating of “Hold” and an average target price of $59.90.

Hedge funds have recently modified their holdings of the business. Citigroup Inc. boosted its holdings in shares of TreeHouse Foods by 120.6% in the 2nd quarter. Citigroup Inc. now owns 1,286 shares of the company’s stock valued at $105,000 after purchasing an additional 703 shares in the last quarter. Parallax Volatility Advisers L.P. boosted its holdings in shares of TreeHouse Foods by 30.9% in the 2nd quarter. Parallax Volatility Advisers L.P. now owns 1,874 shares of the company’s stock valued at $153,000 after purchasing an additional 442 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in shares of TreeHouse Foods by 11.2% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,982 shares of the company’s stock valued at $162,000 after purchasing an additional 199 shares in the last quarter. Sterling Capital Management LLC boosted its holdings in shares of TreeHouse Foods by 0.5% in the 2nd quarter. Sterling Capital Management LLC now owns 3,047 shares of the company’s stock valued at $249,000 after purchasing an additional 14 shares in the last quarter. Finally, ZWJ Investment Counsel Inc. acquired a new stake in shares of TreeHouse Foods in the 3rd quarter valued at $212,000.

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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.

Insider Buying and Selling by Quarter for TreeHouse Foods (NYSE:THS)

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