Stoneridge Investment Partners LLC bought a new position in shares of Treehouse Foods, Inc. (NYSE:THS) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 3,118 shares of the company’s stock, valued at approximately $255,000.

Several other large investors have also recently modified their holdings of THS. BB&T Corp boosted its stake in shares of Treehouse Foods by 29.2% in the first quarter. BB&T Corp now owns 8,816 shares of the company’s stock worth $746,000 after buying an additional 1,995 shares during the last quarter. Oregon Public Employees Retirement Fund boosted its stake in shares of Treehouse Foods by 1.5% in the first quarter. Oregon Public Employees Retirement Fund now owns 19,922 shares of the company’s stock worth $1,687,000 after buying an additional 300 shares during the last quarter. First Mercantile Trust Co. purchased a new stake in shares of Treehouse Foods during the first quarter worth about $1,530,000. Retirement Systems of Alabama boosted its stake in shares of Treehouse Foods by 11.5% in the first quarter. Retirement Systems of Alabama now owns 236,026 shares of the company’s stock worth $19,982,000 after buying an additional 24,267 shares during the last quarter. Finally, State of Alaska Department of Revenue boosted its stake in shares of Treehouse Foods by 4.7% in the first quarter. State of Alaska Department of Revenue now owns 2,118 shares of the company’s stock worth $179,000 after buying an additional 96 shares during the last quarter.

Treehouse Foods, Inc. (NYSE:THS) opened at 70.91 on Friday. Treehouse Foods, Inc. has a 12-month low of $62.64 and a 12-month high of $98.46. The company’s market capitalization is $4.06 billion. The firm has a 50-day moving average of $80.59 and a 200 day moving average of $81.74.

Treehouse Foods (NYSE:THS) last announced its quarterly earnings data on Thursday, August 3rd. The company reported $0.51 EPS for the quarter, topping the consensus estimate of $0.49 by $0.02. The business had revenue of $1.52 billion for the quarter, compared to analyst estimates of $1.54 billion. Treehouse Foods had a negative net margin of 3.90% and a positive return on equity of 6.54%. The company’s revenue for the quarter was down 1.2% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.54 earnings per share. Analysts forecast that Treehouse Foods, Inc. will post $3.19 EPS for the current fiscal year.

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A number of equities research analysts have recently issued reports on the stock. Stifel Nicolaus reaffirmed a “buy” rating and issued a $93.00 target price on shares of Treehouse Foods in a report on Wednesday, April 26th. Zacks Investment Research cut shares of Treehouse Foods from a “buy” rating to a “hold” rating in a report on Thursday, April 27th. BidaskClub raised shares of Treehouse Foods from a “hold” rating to a “buy” rating in a report on Wednesday, June 21st. BMO Capital Markets reaffirmed a “buy” rating on shares of Treehouse Foods in a report on Tuesday, July 18th. Finally, Jefferies Group LLC reaffirmed a “buy” rating and issued a $100.00 target price on shares of Treehouse Foods in a report on Friday, May 5th. Two investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and five have assigned a buy rating to the company’s stock. Treehouse Foods presently has a consensus rating of “Hold” and a consensus price target of $85.29.

In other news, SVP Erik Thomas Kahler sold 5,700 shares of the business’s stock in a transaction that occurred on Thursday, June 15th. The shares were sold at an average price of $79.34, for a total value of $452,238.00. Following the sale, the senior vice president now owns 28,857 shares of the company’s stock, valued at $2,289,514.38. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CAO Thomas Emmet Oneill III sold 14,430 shares of the business’s stock in a transaction that occurred on Monday, May 15th. The shares were sold at an average price of $76.50, for a total transaction of $1,103,895.00. Following the completion of the sale, the chief accounting officer now directly owns 130,708 shares in the company, valued at approximately $9,999,162. The disclosure for this sale can be found here. In the last ninety days, insiders sold 28,330 shares of company stock worth $2,183,843. Insiders own 3.50% of the company’s stock.

About Treehouse Foods

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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