Today’s Stock On Watch: Treehouse Foods Incorporated (NYSE:THS) on Focus After Report of More Shorts

November 17, 2016 - By Linda Rogers   ·   0 Comments

Today's Stock On Watch: Treehouse Foods Incorporated (NYSE:THS) on Focus After Report of More Shorts

The stock of Treehouse Foods Incorporated (NYSE:THS) registered an increase of 12.98% in short interest. THS’s total short interest was 4.33 million shares in November as published by FINRA. Its up 12.98% from 3.84 million shares, reported previously. With 937,300 shares average volume, it will take short sellers 5 days to cover their THS’s short positions. The short interest to Treehouse Foods Incorporated’s float is 7.82%. About 296,152 shares traded hands. TreeHouse Foods Inc. (NYSE:THS) has declined 25.98% since April 15, 2016 and is downtrending. It has underperformed by 30.60% the S&P500.

TreeHouse Foods, Inc. is a consumer packaged food and beverage manufacturing company. The company has a market cap of $3.87 billion. The Company’s divisions include North American Retail Grocery, Food Away From Home, and Industrial and Export. It has a 39.29 P/E ratio. It makes a range of shelf stable, refrigerated and fresh products.

Insitutional Activity: The institutional sentiment decreased to 1.01 in 2016 Q2. Its down 1.42, from 2.43 in 2016Q1. The ratio is negative, as 29 funds sold all TreeHouse Foods Inc. shares owned while 97 reduced positions. 39 funds bought stakes while 88 increased positions. They now own 58.55 million shares or 2.37% less from 59.97 million shares in 2016Q1.
Moreover, Amalgamated Bankshares has 0.05% invested in TreeHouse Foods Inc. (NYSE:THS) for 8,141 shares. Profund Limited Company has 9,169 shares for 0.05% of their US portfolio. Ubs Asset Americas accumulated 40,001 shares or 0% of the stock. Teacher Retirement Of Texas accumulated 7,914 shares or 0.01% of the stock. Wellington Shields Mngmt Lc has 64,030 shares for 1.11% of their US portfolio. Nicholas Wi, a Wisconsin-based fund reported 30,615 shares. Epoch Inc has 302,081 shares for 0.12% of their US portfolio. Moreover, Waddell And Reed Financial Inc has 0.05% invested in TreeHouse Foods Inc. (NYSE:THS) for 245,822 shares. Ftb Advsrs reported 211 shares or 0% of all its holdings. Lpl Financial Limited Liability Company holds 12,252 shares or 0.01% of its portfolio. Diversified owns 6,530 shares or 0.08% of their US portfolio. Moreover, Glob Thematic Prtnrs Ltd Limited Liability Company has 0.66% invested in TreeHouse Foods Inc. (NYSE:THS) for 259,980 shares. Jefferies Grp Ltd Limited Liability Company has invested 0.01% of its portfolio in TreeHouse Foods Inc. (NYSE:THS). Chicago Equity Partners Lc has 0.03% invested in the company for 9,210 shares. Wedge Mngmt L Lp Nc has 0% invested in the company for 11,195 shares.

Insider Transactions: Since June 6, 2016, the stock had 0 buys, and 3 insider sales for $1.28 million net activity. ONeill Thomas Emmet III had sold 4,210 shares worth $399,992. Sliva Christopher D sold $294,176 worth of stock.

TreeHouse Foods Inc. (NYSE:THS) Ratings Coverage

Out of 9 analysts covering Treehouse Foods (NYSE:THS), 5 rate it a “Buy”, 1 “Sell”, while 3 “Hold”. This means 56% are positive. Treehouse Foods has been the topic of 18 analyst reports since August 7, 2015 according to StockzIntelligence Inc. Bank of America downgraded the stock to “Underperform” rating in Friday, November 4 report. The stock of TreeHouse Foods Inc. (NYSE:THS) has “Hold” rating given on Thursday, November 3 by SunTrust. The company was maintained on Friday, August 7 by Credit Suisse. The firm has “Overweight” rating given on Tuesday, February 9 by JP Morgan. The company was initiated on Thursday, May 26 by KeyBanc Capital Markets. The stock has “Positive” rating given by Susquehanna on Monday, October 26. As per Thursday, November 3, the company rating was downgraded by Stephens. The rating was upgraded by Bank of America on Friday, October 2 to “Buy”. The stock of TreeHouse Foods Inc. (NYSE:THS) earned “Equal-Weight” rating by Stephens on Wednesday, August 26. The rating was downgraded by BMO Capital Markets to “Market Perform” on Friday, November 6.

THS Company Profile

TreeHouse Foods, Inc., incorporated on January 25, 2005, is a consumer packaged food and beverage manufacturing company. The Company’s divisions include North American Retail Grocery, Food Away From Home, and Industrial and Export. The Firm makes a range of shelf stable, refrigerated and fresh products. The Company’s product categories include beverages, salad dressings, snacks, beverage enhancers, pickles, Mexican and other sauces, soup and infant feeding, cereals, dry dinners, aseptic products, jams and other products. The Firm offers its services to retail grocery, food away from home, and industrial and export customers. The Firm has approximately 20 manufacturing facilities across the United States and Canada. With its offering of packaging formats and flavor profiles, the Company also offers natural, organic and preservative-free ingredients in various categories. The Firm supplies to approximately 200 food retail clients in North America.

More important recent TreeHouse Foods Inc. (NYSE:THS) news were published by: Fool.com which released: “Why TreeHouse Foods Inc. Stock Tumbled Today” on November 03, 2016, also Prnewswire.com published article titled: “TreeHouse Foods, Inc. Reports Third Quarter 2016 Results”, Prnewswire.com published: “SHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman, LLC Notifies Investors of …” on November 17, 2016. More interesting news about TreeHouse Foods Inc. (NYSE:THS) was released by: Prnewswire.com and their article: “Harwood Feffer LLP Announces Investigation of TreeHouse Foods, Inc.” with publication date: November 03, 2016.

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By Linda Rogers


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