Nationwide Fund Advisors increased its stake in shares of Treehouse Foods, Inc. (NYSE:THS) by 20.2% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 165,281 shares of the company’s stock after acquiring an additional 27,799 shares during the quarter. Nationwide Fund Advisors owned about 0.29% of Treehouse Foods worth $13,502,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Creative Planning boosted its position in shares of Treehouse Foods by 28.8% during the second quarter. Creative Planning now owns 1,379 shares of the company’s stock worth $113,000 after acquiring an additional 308 shares during the last quarter. FNY Partners Fund LP bought a new position in shares of Treehouse Foods during the first quarter worth $126,000. Israel Discount Bank of New York bought a new position in shares of Treehouse Foods during the first quarter worth $140,000. Zurcher Kantonalbank Zurich Cantonalbank boosted its position in shares of Treehouse Foods by 11.2% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,982 shares of the company’s stock worth $162,000 after acquiring an additional 199 shares during the last quarter. Finally, State of Alaska Department of Revenue boosted its position in shares of Treehouse Foods by 6.7% during the second quarter. State of Alaska Department of Revenue now owns 2,259 shares of the company’s stock worth $184,000 after acquiring an additional 141 shares during the last quarter.

A number of equities analysts recently weighed in on the stock. Vertical Group lowered shares of Treehouse Foods from a “buy” rating to a “hold” rating and dropped their target price for the stock from $100.61 to $62.64 in a research report on Friday, August 4th. Bank of America Corporation assumed coverage on shares of Treehouse Foods in a research report on Tuesday. They set a “neutral” rating and a $68.00 target price for the company. Vertical Research lowered shares of Treehouse Foods from a “buy” rating to a “hold” rating in a research report on Friday, August 4th. UBS AG lowered shares of Treehouse Foods from a “positive” rating to a “neutral” rating in a research report on Friday, August 4th. Finally, BMO Capital Markets dropped their target price on shares of Treehouse Foods from $90.00 to $85.00 and set an “outperform” rating for the company in a research report on Friday, August 4th. Two equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and five have given a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average target price of $83.56.

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Treehouse Foods, Inc. (THS) opened at 66.00 on Friday. The firm’s 50-day moving average is $70.11 and its 200 day moving average is $79.42. The company’s market cap is $3.77 billion. Treehouse Foods, Inc. has a 52-week low of $62.64 and a 52-week high of $90.42.

Treehouse Foods (NYSE:THS) last released its earnings results on Thursday, August 3rd. The company reported $0.51 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.49 by $0.02. Treehouse Foods had a negative net margin of 3.90% and a positive return on equity of 6.54%. The business had revenue of $1.52 billion during the quarter, compared to analyst estimates of $1.54 billion. During the same quarter in the prior year, the firm earned $0.54 earnings per share. The company’s revenue for the quarter was down 1.2% compared to the same quarter last year. On average, equities research analysts predict that Treehouse Foods, Inc. will post $3.18 EPS for the current fiscal year.

In other news, CEO Sam K. Reed sold 11,480 shares of the company’s stock in a transaction on Thursday, September 7th. The shares were sold at an average price of $66.32, for a total transaction of $761,353.60. Following the completion of the sale, the chief executive officer now owns 70,647 shares of the company’s stock, valued at $4,685,309.04. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 3.50% of the stock is owned by corporate insiders.

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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