Jane Street Group LLC Purchases 2,768 Shares of TreeHouse Foods, Inc. (NYSE:THS)

Jane Street Group LLC lifted its position in shares of TreeHouse Foods, Inc. (NYSE:THS) by 2.2% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 126,941 shares of the company’s stock after acquiring an additional 2,768 shares during the quarter. Jane Street Group LLC owned approximately 0.25% of TreeHouse Foods worth $4,459,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Blue Trust Inc. grew its stake in shares of TreeHouse Foods by 456.7% during the 4th quarter. Blue Trust Inc. now owns 1,119 shares of the company’s stock worth $39,000 after acquiring an additional 918 shares during the period. Sterling Capital Management LLC grew its stake in shares of TreeHouse Foods by 134.4% during the 4th quarter. Sterling Capital Management LLC now owns 2,374 shares of the company’s stock worth $83,000 after acquiring an additional 1,361 shares during the period. KBC Group NV grew its stake in shares of TreeHouse Foods by 45.1% during the 4th quarter. KBC Group NV now owns 2,820 shares of the company’s stock worth $99,000 after acquiring an additional 877 shares during the period. CIBC Private Wealth Group LLC grew its stake in shares of TreeHouse Foods by 58.2% during the 4th quarter. CIBC Private Wealth Group LLC now owns 4,101 shares of the company’s stock worth $142,000 after acquiring an additional 1,508 shares during the period. Finally, Legacy Wealth Asset Management LLC bought a new position in shares of TreeHouse Foods during the 4th quarter worth $216,000. Institutional investors own 99.81% of the company’s stock.

Analyst Ratings Changes

A number of analysts recently issued reports on the company. Stifel Nicolaus dropped their price objective on TreeHouse Foods from $26.00 to $24.00 and set a “hold” rating on the stock in a report on Thursday, April 24th. Barclays dropped their price objective on TreeHouse Foods from $26.00 to $25.00 and set an “equal weight” rating on the stock in a report on Thursday. TD Cowen dropped their price objective on TreeHouse Foods from $32.00 to $27.00 and set a “hold” rating on the stock in a report on Friday, April 11th. StockNews.com raised TreeHouse Foods from a “sell” rating to a “hold” rating in a report on Tuesday, February 18th. Finally, Truist Financial decreased their target price on TreeHouse Foods from $25.00 to $20.00 and set a “hold” rating on the stock in a research note on Thursday. Eight investment analysts have rated the stock with a hold rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $27.83.

TreeHouse Foods Trading Up 2.8%

Shares of THS stock opened at $22.61 on Monday. The stock has a market capitalization of $1.14 billion, a PE ratio of 41.87 and a beta of 0.30. TreeHouse Foods, Inc. has a 1-year low of $20.63 and a 1-year high of $43.84. The business has a 50-day moving average of $25.02 and a 200 day moving average of $30.98. The company has a debt-to-equity ratio of 0.90, a current ratio of 1.36 and a quick ratio of 0.63.

TreeHouse Foods (NYSE:THS) last issued its earnings results on Tuesday, May 6th. The company reported $0.03 earnings per share for the quarter, beating the consensus estimate of ($0.21) by $0.24. TreeHouse Foods had a return on equity of 6.42% and a net margin of 0.80%. The company had revenue of $792.00 million during the quarter, compared to analysts’ expectations of $789.66 million. During the same period in the prior year, the business posted ($0.03) EPS. TreeHouse Foods’s quarterly revenue was down 3.5% compared to the same quarter last year. As a group, sell-side analysts anticipate that TreeHouse Foods, Inc. will post 1.94 earnings per share for the current year.

Insiders Place Their Bets

In other news, CEO Steven Oakland bought 4,660 shares of the stock in a transaction dated Thursday, May 8th. The stock was bought at an average price of $21.46 per share, for a total transaction of $100,003.60. Following the purchase, the chief executive officer now directly owns 369,521 shares in the company, valued at $7,929,920.66. This trade represents a 1.28% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 11.10% of the company’s stock.

TreeHouse Foods Company Profile

TreeHouse Foods, Inc manufactures and distributes private brands snacks and beverages in the United States and internationally. The company provides snacking products, such as crackers, pretzels, in-store bakery items, frozen griddle items, cookies, and candies; and beverage and drink mixes, including non-dairy creamer, coffee, broths/stocks, powdered beverages and other blends, tea, and ready-to-drink-beverages.