GSA Capital Partners LLP Grows Stock Holdings in TreeHouse Foods, Inc. $THS

GSA Capital Partners LLP lifted its holdings in TreeHouse Foods, Inc. (NYSE:THS) by 63.1% in the 3rd quarter, Holdings Channel.com reports. The fund owned 72,070 shares of the company’s stock after buying an additional 27,885 shares during the quarter. GSA Capital Partners LLP’s holdings in TreeHouse Foods were worth $1,457,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Public Sector Pension Investment Board increased its holdings in TreeHouse Foods by 11.9% in the 3rd quarter. Public Sector Pension Investment Board now owns 173,370 shares of the company’s stock valued at $3,504,000 after purchasing an additional 18,411 shares in the last quarter. Rhumbline Advisers lifted its position in TreeHouse Foods by 4.1% during the 3rd quarter. Rhumbline Advisers now owns 151,089 shares of the company’s stock worth $3,053,000 after acquiring an additional 6,014 shares in the last quarter. Hantz Financial Services Inc. boosted its holdings in TreeHouse Foods by 430.9% in the 3rd quarter. Hantz Financial Services Inc. now owns 1,460 shares of the company’s stock worth $30,000 after acquiring an additional 1,185 shares during the period. Jones Financial Companies Lllp grew its position in TreeHouse Foods by 12,606.7% in the third quarter. Jones Financial Companies Lllp now owns 3,812 shares of the company’s stock valued at $77,000 after acquiring an additional 3,782 shares in the last quarter. Finally, Y Intercept Hong Kong Ltd grew its position in TreeHouse Foods by 28.2% in the third quarter. Y Intercept Hong Kong Ltd now owns 98,452 shares of the company’s stock valued at $1,990,000 after acquiring an additional 21,686 shares in the last quarter. Institutional investors and hedge funds own 99.81% of the company’s stock.

TreeHouse Foods Stock Performance

Shares of THS stock opened at $24.43 on Wednesday. The stock has a market capitalization of $1.23 billion, a price-to-earnings ratio of -5.09 and a beta of 0.18. TreeHouse Foods, Inc. has a one year low of $15.85 and a one year high of $40.77. The company’s 50-day simple moving average is $24.10 and its 200-day simple moving average is $21.33. The company has a debt-to-equity ratio of 1.18, a quick ratio of 0.40 and a current ratio of 1.29.

Insiders Place Their Bets

In other TreeHouse Foods news, SVP Stephen Alan Landry sold 6,097 shares of the business’s stock in a transaction on Tuesday, December 16th. The shares were sold at an average price of $23.79, for a total transaction of $145,047.63. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, major shareholder Silver Point Capital L.P. bought 357,917 shares of the company’s stock in a transaction on Tuesday, February 10th. The shares were acquired at an average cost of $24.54 per share, for a total transaction of $8,783,283.18. Following the completion of the acquisition, the insider directly owned 5,408,000 shares of the company’s stock, valued at $132,712,320. This trade represents a 7.09% increase in their position. The SEC filing for this purchase provides additional information. 11.10% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several research analysts have recently weighed in on the stock. Zacks Research upgraded shares of TreeHouse Foods from a “strong sell” rating to a “hold” rating in a research note on Thursday, January 1st. Weiss Ratings reissued a “sell (e+)” rating on shares of TreeHouse Foods in a research report on Monday, December 29th. Barclays raised their target price on TreeHouse Foods from $21.00 to $23.00 and gave the company an “equal weight” rating in a research note on Tuesday, November 11th. William Blair cut TreeHouse Foods from an “outperform” rating to a “hold” rating in a research note on Tuesday, November 11th. Finally, Stifel Nicolaus raised their price objective on TreeHouse Foods from $19.00 to $22.50 and gave the company a “hold” rating in a research note on Tuesday, November 11th. Seven equities research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, TreeHouse Foods has an average rating of “Reduce” and a consensus target price of $23.40.

TreeHouse Foods Company Profile

TreeHouse Foods, Inc (NYSE: THS) is a leading manufacturer and supplier of private-label packaged food and beverage products. Headquartered in Oak Brook, Illinois, the company partners with major grocery chains, club retailers and foodservice outlets to develop, produce and distribute a diverse portfolio of items under store brands and, in select categories, under its own labels.

Since its founding in 2005 through the consolidation of several specialty food businesses, TreeHouse Foods has grown primarily through strategic acquisitions and operational integration.