Pacer Advisors Inc. bought a new stake in shares of TreeHouse Foods Inc. (NYSE:THS) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 22,277 shares of the company’s stock, valued at approximately $1,205,000.

Several other large investors also recently bought and sold shares of THS. Geode Capital Management LLC grew its holdings in shares of TreeHouse Foods by 3.8% during the fourth quarter. Geode Capital Management LLC now owns 544,375 shares of the company’s stock valued at $27,605,000 after purchasing an additional 20,018 shares during the last quarter. BNP Paribas Arbitrage SA grew its holdings in shares of TreeHouse Foods by 82.6% during the first quarter. BNP Paribas Arbitrage SA now owns 2,443 shares of the company’s stock valued at $158,000 after purchasing an additional 1,105 shares during the last quarter. Bank of Montreal Can grew its holdings in shares of TreeHouse Foods by 21.7% during the first quarter. Bank of Montreal Can now owns 14,981 shares of the company’s stock valued at $967,000 after purchasing an additional 2,675 shares during the last quarter. Janus Henderson Group PLC bought a new position in shares of TreeHouse Foods during the first quarter valued at approximately $1,404,000. Finally, Texas Permanent School Fund grew its holdings in shares of TreeHouse Foods by 3.7% during the first quarter. Texas Permanent School Fund now owns 38,016 shares of the company’s stock valued at $2,454,000 after purchasing an additional 1,372 shares during the last quarter.

In related news, CAO Thomas Emmet Oneill III sold 3,721 shares of the stock in a transaction that occurred on Thursday, August 8th. The stock was sold at an average price of $53.65, for a total value of $199,631.65. Following the completion of the transaction, the chief accounting officer now directly owns 122,326 shares of the company’s stock, valued at approximately $6,562,789.90. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Lori G. Roberts sold 3,134 shares of the stock in a transaction that occurred on Thursday, September 5th. The stock was sold at an average price of $54.28, for a total value of $170,113.52. Following the completion of the transaction, the senior vice president now directly owns 3,038 shares of the company’s stock, valued at $164,902.64. The disclosure for this sale can be found here. Insiders sold a total of 14,606 shares of company stock valued at $760,211 over the last three months. Corporate insiders own 1.50% of the company’s stock.

Several research firms have recently commented on THS. Stifel Nicolaus raised TreeHouse Foods from a “hold” rating to a “buy” rating and upped their target price for the company from $62.00 to $64.00 in a report on Thursday, August 1st. BMO Capital Markets raised TreeHouse Foods from a “market perform” rating to an “outperform” rating and set a $54.54 target price for the company in a report on Thursday, July 18th. Finally, Zacks Investment Research raised TreeHouse Foods from a “hold” rating to a “buy” rating and set a $62.00 target price for the company in a report on Thursday. Five research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. The company currently has an average rating of “Buy” and an average target price of $60.78.

THS stock traded up $0.37 on Friday, reaching $58.54. The company’s stock had a trading volume of 3,737 shares, compared to its average volume of 470,146. TreeHouse Foods Inc. has a 52 week low of $41.18 and a 52 week high of $67.88. The company has a market capitalization of $3.27 billion, a P/E ratio of 26.58, a price-to-earnings-growth ratio of 1.72 and a beta of 0.73. The firm has a fifty day moving average of $53.67 and a two-hundred day moving average of $57.36. The company has a debt-to-equity ratio of 1.24, a current ratio of 1.71 and a quick ratio of 0.71.

TreeHouse Foods (NYSE:THS) last issued its quarterly earnings data on Thursday, August 1st. The company reported $0.36 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.29 by $0.07. TreeHouse Foods had a positive return on equity of 5.73% and a negative net margin of 3.80%. The business had revenue of $1.25 billion during the quarter, compared to analyst estimates of $1.30 billion. During the same period in the prior year, the company posted $0.37 EPS. The business’s revenue for the quarter was down 14.1% compared to the same quarter last year. As a group, equities analysts expect that TreeHouse Foods Inc. will post 2.46 EPS for the current fiscal year.

About TreeHouse Foods

TreeHouse Foods, Inc operates as a food and beverage manufacturer in the United States, Canada, and Italy. The company operates through Baked Goods, Beverages, Condiments, Meals, and Snacks segments. The Baked Goods segment offers candies, cookies, crackers, in-store bakery products, pita chips, pretzels, refrigerated dough, retail griddle waffles, pancakes, and French toasts.

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

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