Retirement Systems of Alabama increased its holdings in shares of TreeHouse Foods Inc. (NYSE:THS) by 12.0% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 161,982 shares of the company’s stock after purchasing an additional 17,394 shares during the quarter. Retirement Systems of Alabama owned 0.28% of TreeHouse Foods worth $8,012,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Citigroup Inc. boosted its stake in shares of TreeHouse Foods by 120.6% during the 2nd quarter. Citigroup Inc. now owns 1,286 shares of the company’s stock valued at $105,000 after buying an additional 703 shares during the last quarter. State Street Corp lifted its stake in TreeHouse Foods by 1.8% during the second quarter. State Street Corp now owns 1,472,162 shares of the company’s stock worth $120,266,000 after purchasing an additional 26,686 shares during the last quarter. Cubist Systematic Strategies LLC bought a new position in TreeHouse Foods during the second quarter worth $393,000. The Manufacturers Life Insurance Company lifted its stake in TreeHouse Foods by 6.9% in the second quarter. The Manufacturers Life Insurance Company now owns 127,721 shares of the company’s stock valued at $10,433,000 after buying an additional 8,286 shares during the last quarter. Finally, Sterling Capital Management LLC lifted its stake in TreeHouse Foods by 0.5% in the second quarter. Sterling Capital Management LLC now owns 3,047 shares of the company’s stock valued at $249,000 after buying an additional 14 shares during the last quarter.

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In other TreeHouse Foods news, CEO Sam K. Reed sold 11,480 shares of the stock in a transaction dated Monday, January 8th. The stock was sold at an average price of $49.72, for a total value of $570,785.60. Following the completion of the sale, the chief executive officer now directly owns 81,147 shares in the company, valued at $4,034,628.84. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders sold 34,440 shares of company stock valued at $1,590,210 over the last 90 days. Corporate insiders own 3.50% of the company’s stock.

A number of equities research analysts have issued reports on the company. Zacks Investment Research cut TreeHouse Foods from a “hold” rating to a “strong sell” rating in a research note on Monday, February 19th. Wells Fargo & Co lowered their price target on TreeHouse Foods from $43.00 to $41.00 and set a “market perform” rating on the stock in a report on Tuesday, November 14th. Bank of America lowered their target price on TreeHouse Foods from $55.00 to $47.00 and set a “neutral” rating on the stock in a report on Tuesday, November 14th. TheStreet cut TreeHouse Foods from a “c-” rating to a “d+” rating in a research note on Friday, November 10th. Finally, Stifel Nicolaus dropped their price target on TreeHouse Foods from $44.00 to $40.00 and set a “hold” rating on the stock in a research note on Friday, February 16th. Three investment analysts have rated the stock with a sell rating, thirteen have given a hold rating and four have assigned a buy rating to the company. TreeHouse Foods presently has an average rating of “Hold” and a consensus target price of $53.51.

Shares of TreeHouse Foods Inc. (NYSE:THS) traded down $0.61 during mid-day trading on Wednesday, reaching $41.34. The company had a trading volume of 33,096 shares, compared to its average volume of 1,018,398. The company has a current ratio of 2.48, a quick ratio of 0.94 and a debt-to-equity ratio of 1.12. TreeHouse Foods Inc. has a twelve month low of $36.35 and a twelve month high of $90.42. The firm has a market cap of $2,318.93, a price-to-earnings ratio of -8.28, a price-to-earnings-growth ratio of 3.98 and a beta of 0.60.

TreeHouse Foods (NYSE:THS) last released its quarterly earnings data on Thursday, February 15th. The company reported $1.02 EPS for the quarter, beating analysts’ consensus estimates of $0.93 by $0.09. TreeHouse Foods had a positive return on equity of 6.49% and a negative net margin of 4.54%. The business had revenue of $1.70 billion during the quarter, compared to the consensus estimate of $1.70 billion. During the same quarter in the prior year, the company posted $1.14 earnings per share. The firm’s revenue was down 4.3% on a year-over-year basis. research analysts anticipate that TreeHouse Foods Inc. will post 2.09 EPS for the current year.

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TreeHouse Foods Profile

TreeHouse Foods, Inc is a consumer packaged food and beverage manufacturer. The Company’s segments include North American Retail Grocery, Food Away From Home, and Industrial and Export. The Company manufactures a range of shelf stable, refrigerated, fresh and frozen products. Its product categories include beverages, salad dressings, snack nuts, beverage enhancers, pickles, sauces, cereals, pasta and dry dinners, cookies and crackers, retail bakery, aseptic products, jams and other products.

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

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