December 1, 2016 - By Vivian Park · 0 Comments
Treehouse Foods Inc (NYSE:THS) institutional sentiment increased to 1.26 in Q2 2016. Its up 0.25, from 1.01 in 2016Q1. The ratio increased, as 127 funds increased and started new stock positions, while 126 reduced and sold equity positions in Treehouse Foods Inc. The funds in our partner’s database reported: 58.55 million shares, down from 59.97 million shares in 2016Q1. Also, the number of funds holding Treehouse Foods Inc in their top 10 stock positions increased from 3 to 7 for an increase of 4. Sold All: 29 Reduced: 97 Increased: 88 New Position: 39.
TreeHouse Foods, Inc. is a consumer packaged food and beverage manufacturing company. The company has a market cap of $3.85 billion. The Company’s divisions include North American Retail Grocery, Food Away From Home, and Industrial and Export. It has a 40 P/E ratio. It makes a range of shelf stable, refrigerated and fresh products.
About 94,112 shares traded hands. TreeHouse Foods Inc. (NYSE:THS) has declined 20.61% since April 28, 2016 and is downtrending. It has underperformed by 26.54% the S&P500.
Analysts await TreeHouse Foods Inc. (NYSE:THS) to report earnings on February, 9. They expect $1.08 EPS, 0.00% or $0.00 from last year’s $1.08 per share. THS’s profit will be $60.91 million for 15.80 P/E if the $1.08 EPS becomes a reality. After $0.70 actual EPS reported by TreeHouse Foods Inc. for the previous quarter, Wall Street now forecasts 54.29% EPS growth.
According to Zacks Investment Research, “TreeHouse Foods is a food manufacturer servicing primarily the retail grocery and foodservice channels. Its products include pickles and related products; non-dairy powdered coffee creamer; and other food products including aseptic sauces, refrigerated salad dressings, and liquid non-dairy creamer.”
12Th Street Asset Management Company Llc holds 5.61% of its portfolio in TreeHouse Foods Inc. for 138,004 shares. Champlain Investment Partners Llc owns 1.38 million shares or 2.43% of their US portfolio. Moreover, Kalmar Investments Inc De has 2.18% invested in the company for 481,092 shares. The Oregon-based Tygh Capital Management Inc. has invested 2.13% in the stock. Empyrean Capital Partners Lp, a California-based fund reported 385,000 shares.#img1#
Insider Transactions: Since January 1, 0001, the stock had 0 buys, and 3 selling transactions for $1.28 million net activity.
Ratings analysis reveals 56% of Treehouse Foods’s analysts are positive. Out of 9 Wall Street analysts rating Treehouse Foods, 5 give it “Buy”, 1 “Sell” rating, while 3 recommend “Hold”. The lowest target is $77 while the high is $108. The stock’s average target of $92 is 34.78% above today’s ($68.26) share price. THS was included in 18 notes of analysts from August 7, 2015. The stock of TreeHouse Foods Inc. (NYSE:THS) earned “Buy” rating by Bank of America on Friday, October 2. Susquehanna initiated the shares of THS in a report on Monday, October 26 with “Positive” rating. The firm has “Equal-Weight” rating given on Wednesday, August 26 by Stephens. The firm has “Overweight” rating by JP Morgan given on Tuesday, February 9. The firm has “Underperform” rating given on Friday, November 4 by Bank of America. Stephens downgraded TreeHouse Foods Inc. (NYSE:THS) on Thursday, November 3 to “Equal-Weight” rating. The stock of TreeHouse Foods Inc. (NYSE:THS) has “Hold” rating given on Thursday, November 3 by Suntrust Robinson. The stock of TreeHouse Foods Inc. (NYSE:THS) has “Neutral” rating given on Friday, August 7 by Credit Suisse. The company was downgraded on Thursday, November 3 by SunTrust. As per Wednesday, December 16, the company rating was initiated by Jefferies.
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 notable 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 with their article: “TreeHouse Foods, Inc. Reports Third Quarter 2016 Results” published on November 03, 2016, Prnewswire.com published: “THS LOSS ALERT: Rosen Law Firm Reminds TreeHouse Foods, Inc. Investors of …” on November 22, 2016. More interesting news about TreeHouse Foods Inc. (NYSE:THS) were released by: Nasdaq.com and their article: “Lawsuit for Investors in TreeHouse Foods Inc. (NYSE:THS) shares announced by …” published on November 28, 2016 as well as Businesswire.com‘s news article titled: “Robbins Arroyo LLP: TreeHouse Foods, Inc. (THS) Misled Shareholders According …” with publication date: November 22, 2016.
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By Vivian Park