Roberts Wealth Advisors LLC Has $2.86 Million Stake in TreeHouse Foods, Inc. (NYSE:THS)

Roberts Wealth Advisors LLC lifted its position in shares of TreeHouse Foods, Inc. (NYSE:THS) by 297.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 85,256 shares of the company’s stock after purchasing an additional 63,804 shares during the period. Roberts Wealth Advisors LLC owned 0.17% of TreeHouse Foods worth $2,858,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Canada Pension Plan Investment Board bought a new position in TreeHouse Foods during the 2nd quarter worth $37,000. Signaturefd LLC lifted its stake in TreeHouse Foods by 42.1% during the third quarter. Signaturefd LLC now owns 999 shares of the company’s stock worth $42,000 after purchasing an additional 296 shares during the last quarter. KBC Group NV boosted its stake in TreeHouse Foods by 40.9% in the third quarter. KBC Group NV now owns 1,943 shares of the company’s stock valued at $82,000 after buying an additional 564 shares in the last quarter. GAMMA Investing LLC boosted its stake in shares of TreeHouse Foods by 95.1% in the 3rd quarter. GAMMA Investing LLC now owns 2,519 shares of the company’s stock valued at $106,000 after purchasing an additional 1,228 shares in the last quarter. Finally, Legacy Wealth Asset Management LLC acquired a new stake in TreeHouse Foods in the fourth quarter valued at approximately $216,000. 99.81% of the stock is owned by institutional investors and hedge funds.

TreeHouse Foods Price Performance

TreeHouse Foods stock opened at $35.06 on Wednesday. The stock’s 50 day moving average price is $34.24 and its two-hundred day moving average price is $37.69. The stock has a market capitalization of $1.80 billion, a price-to-earnings ratio of -74.59 and a beta of 0.22. The company has a debt-to-equity ratio of 0.90, a quick ratio of 0.53 and a current ratio of 1.40. TreeHouse Foods, Inc. has a 52-week low of $28.04 and a 52-week high of $43.84.

TreeHouse Foods (NYSE:THS) last issued its earnings results on Tuesday, November 12th. The company reported $0.74 EPS for the quarter, missing the consensus estimate of $0.75 by ($0.01). TreeHouse Foods had a negative net margin of 0.72% and a positive return on equity of 5.94%. The firm had revenue of $854.40 million during the quarter, compared to analyst estimates of $881.15 million. During the same quarter in the prior year, the business earned $0.57 earnings per share. The business’s quarterly revenue was down 1.0% on a year-over-year basis. On average, equities analysts predict that TreeHouse Foods, Inc. will post 1.96 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on THS shares. Barclays lifted their price target on TreeHouse Foods from $32.00 to $35.00 and gave the company an “equal weight” rating in a research note on Friday, January 17th. Consumer Edge lowered TreeHouse Foods from an “overweight” rating to an “equal weight” rating in a research report on Friday, November 15th. StockNews.com lowered TreeHouse Foods from a “hold” rating to a “sell” rating in a research report on Wednesday, January 15th. Stifel Nicolaus decreased their price target on TreeHouse Foods from $41.00 to $32.00 and set a “hold” rating for the company in a research note on Wednesday, November 13th. Finally, Truist Financial cut their price objective on TreeHouse Foods from $35.00 to $30.00 and set a “hold” rating on the stock in a research note on Wednesday, November 13th. One equities research analyst has rated the stock with a sell rating and six have given a hold rating to the company’s stock. According to data from MarketBeat, TreeHouse Foods has a consensus rating of “Hold” and an average target price of $34.80.

About TreeHouse Foods

TreeHouse Foods, Inc manufactures and distributes private brands snacks and beverages in the United States and internationally. The company provides snacking products, such as crackers, pretzels, in-store bakery items, frozen griddle items, cookies, and candies; and beverage and drink mixes, including non-dairy creamer, coffee, broths/stocks, powdered beverages and other blends, tea, and ready-to-drink-beverages.