California Public Employees Retirement System lessened its position in shares of TreeHouse Foods Inc. (NYSE:THS) by 9.8% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 87,644 shares of the company’s stock after selling 9,499 shares during the quarter. California Public Employees Retirement System’s holdings in TreeHouse Foods were worth $4,444,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. CX Institutional acquired a new stake in TreeHouse Foods during the fourth quarter valued at $27,000. FNY Investment Advisers LLC acquired a new stake in TreeHouse Foods during the fourth quarter valued at $37,000. Zurcher Kantonalbank Zurich Cantonalbank grew its position in TreeHouse Foods by 10.6% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,957 shares of the company’s stock valued at $201,000 after buying an additional 380 shares during the period. Paloma Partners Management Co acquired a new stake in TreeHouse Foods during the third quarter valued at $206,000. Finally, Quantbot Technologies LP acquired a new stake in TreeHouse Foods during the third quarter valued at $207,000.

Shares of NYSE THS opened at $60.60 on Friday. TreeHouse Foods Inc. has a 52-week low of $36.43 and a 52-week high of $61.48. The stock has a market capitalization of $3.39 billion, a PE ratio of 27.55, a P/E/G ratio of 2.13 and a beta of 0.54. The company has a current ratio of 1.70, a quick ratio of 0.69 and a debt-to-equity ratio of 1.07.

TreeHouse Foods (NYSE:THS) last announced its earnings results on Thursday, February 14th. The company reported $1.03 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.96 by $0.07. The business had revenue of $1.48 billion for the quarter, compared to analyst estimates of $1.50 billion. TreeHouse Foods had a negative net margin of 1.06% and a positive return on equity of 5.66%. The company’s revenue for the quarter was down 11.3% compared to the same quarter last year. During the same quarter last year, the business earned $1.02 earnings per share. Research analysts predict that TreeHouse Foods Inc. will post 2.54 earnings per share for the current fiscal year.

Several analysts recently commented on THS shares. ValuEngine upgraded shares of TreeHouse Foods from a “hold” rating to a “buy” rating in a research report on Wednesday, December 12th. Citigroup reiterated a “buy” rating and issued a $60.00 target price on shares of TreeHouse Foods in a research report on Wednesday, December 12th. Jefferies Financial Group set a $60.00 target price on shares of TreeHouse Foods and gave the company a “buy” rating in a research report on Monday, December 10th. TheStreet upgraded shares of TreeHouse Foods from a “d+” rating to a “c-” rating in a research report on Wednesday, January 16th. Finally, Credit Suisse Group set a $55.00 target price on shares of TreeHouse Foods and gave the company a “hold” rating in a research report on Friday, February 15th. One equities research analyst has rated the stock with a sell rating, ten have issued a hold rating and three have assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus target price of $51.92.

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TreeHouse Foods Profile

TreeHouse Foods, Inc operates as a food and beverage manufacturer in the United States, Canada, and Italy. The company operates through Baked Goods, Beverages, Condiments, Meals, and Snacks segments. The Baked Goods segment offers candies, cookies, crackers, in-store bakery products, pita chips, pretzels, refrigerated dough, retail griddle waffles, pancakes, and French toasts.

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

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