Villanova Investment Management Co LLC Acquires Shares of 114,588 TreeHouse Foods, Inc. $THS

Villanova Investment Management Co LLC bought a new position in TreeHouse Foods, Inc. (NYSE:THS) during the third quarter, according to its most recent Form 13F filing with the SEC. The firm bought 114,588 shares of the company’s stock, valued at approximately $2,316,000. TreeHouse Foods makes up approximately 1.6% of Villanova Investment Management Co LLC’s investment portfolio, making the stock its 26th biggest position.

A number of other large investors have also made changes to their positions in THS. Royal Bank of Canada lifted its position in TreeHouse Foods by 60.7% during the first quarter. Royal Bank of Canada now owns 43,855 shares of the company’s stock worth $1,188,000 after buying an additional 16,557 shares in the last quarter. AQR Capital Management LLC acquired a new stake in shares of TreeHouse Foods in the 1st quarter worth $299,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of TreeHouse Foods by 3.1% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 27,676 shares of the company’s stock worth $750,000 after acquiring an additional 838 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in shares of TreeHouse Foods by 1.4% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 118,895 shares of the company’s stock valued at $3,221,000 after acquiring an additional 1,599 shares during the last quarter. Finally, Intech Investment Management LLC boosted its position in shares of TreeHouse Foods by 104.6% during the 1st quarter. Intech Investment Management LLC now owns 48,058 shares of the company’s stock valued at $1,302,000 after acquiring an additional 24,564 shares during the last quarter. 99.81% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have commented on THS shares. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of TreeHouse Foods in a research note on Monday, December 29th. William Blair downgraded shares of TreeHouse Foods from an “outperform” rating to a “hold” rating in a report on Tuesday, November 11th. Stifel Nicolaus upped their price objective on TreeHouse Foods from $19.00 to $22.50 and gave the company a “hold” rating in a report on Tuesday, November 11th. Barclays increased their price objective on TreeHouse Foods from $21.00 to $23.00 and gave the stock an “equal weight” rating in a research report on Tuesday, November 11th. Finally, Truist Financial lifted their target price on TreeHouse Foods from $20.00 to $22.50 and gave the company a “hold” rating in a research report on Thursday, November 13th. Seven analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, TreeHouse Foods currently has an average rating of “Reduce” and a consensus target price of $23.40.

Insider Activity

In other TreeHouse Foods news, Director Jana Partners Management, Lp sold 1,959,221 shares of TreeHouse Foods stock in a transaction dated Tuesday, February 10th. The stock was sold at an average price of $24.48, for a total value of $47,961,730.08. Following the completion of the transaction, the director directly owned 3,862,116 shares of the company’s stock, valued at $94,544,599.68. The trade was a 33.66% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, major shareholder Silver Point Capital L.P. purchased 357,917 shares of the business’s stock in a transaction on Tuesday, February 10th. The shares were acquired at an average price of $24.54 per share, for a total transaction of $8,783,283.18. Following the completion of the purchase, the insider directly owned 5,408,000 shares of the company’s stock, valued at approximately $132,712,320. This trade represents a 7.09% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders own 11.10% of the company’s stock.

TreeHouse Foods Price Performance

TreeHouse Foods stock opened at $24.43 on Monday. The company has a market capitalization of $1.23 billion, a PE ratio of -5.09 and a beta of 0.18. The company has a debt-to-equity ratio of 1.18, a quick ratio of 0.40 and a current ratio of 1.29. TreeHouse Foods, Inc. has a fifty-two week low of $15.85 and a fifty-two week high of $40.77. The firm has a 50 day moving average price of $24.13 and a 200 day moving average price of $21.43.

TreeHouse Foods Profile

TreeHouse Foods, Inc (NYSE: THS) is a leading manufacturer and supplier of private-label packaged food and beverage products. Headquartered in Oak Brook, Illinois, the company partners with major grocery chains, club retailers and foodservice outlets to develop, produce and distribute a diverse portfolio of items under store brands and, in select categories, under its own labels.

Since its founding in 2005 through the consolidation of several specialty food businesses, TreeHouse Foods has grown primarily through strategic acquisitions and operational integration.