34,803 Shares in TreeHouse Foods, Inc. $THS Bought by Bryce Point Capital LLC

Bryce Point Capital LLC acquired a new position in shares of TreeHouse Foods, Inc. (NYSE:THS) in the second quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 34,803 shares of the company’s stock, valued at approximately $676,000. Bryce Point Capital LLC owned about 0.07% of TreeHouse Foods at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Blue Trust Inc. grew its stake in TreeHouse Foods by 50.7% during the 2nd quarter. Blue Trust Inc. now owns 2,878 shares of the company’s stock worth $56,000 after buying an additional 968 shares during the last quarter. GAMMA Investing LLC boosted its position in shares of TreeHouse Foods by 719.7% during the second quarter. GAMMA Investing LLC now owns 2,918 shares of the company’s stock worth $57,000 after buying an additional 2,562 shares during the period. State of Wyoming acquired a new position in shares of TreeHouse Foods during the first quarter worth approximately $93,000. CWM LLC boosted its position in shares of TreeHouse Foods by 4,868.8% during the second quarter. CWM LLC now owns 8,745 shares of the company’s stock worth $170,000 after buying an additional 8,569 shares during the period. Finally, Wealth Enhancement Advisory Services LLC acquired a new position in shares of TreeHouse Foods during the second quarter worth approximately $263,000. 99.81% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the company. Weiss Ratings reissued a “sell (d)” rating on shares of TreeHouse Foods in a report on Thursday, October 30th. Zacks Research lowered TreeHouse Foods from a “hold” rating to a “strong sell” rating in a report on Friday, October 24th. Barclays lowered their price target on TreeHouse Foods from $25.00 to $21.00 and set an “equal weight” rating on the stock in a report on Tuesday, July 15th. Mizuho lowered their price target on TreeHouse Foods from $24.00 to $22.00 and set a “neutral” rating on the stock in a report on Monday, July 28th. Finally, Stifel Nicolaus lowered their price target on TreeHouse Foods from $21.00 to $19.00 and set a “hold” rating on the stock in a report on Friday, October 24th. Seven equities research analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Reduce” and a consensus target price of $23.33.

TreeHouse Foods Trading Up 0.2%

Shares of THS stock opened at $18.79 on Wednesday. The stock has a 50-day simple moving average of $18.59 and a 200 day simple moving average of $20.15. TreeHouse Foods, Inc. has a fifty-two week low of $15.85 and a fifty-two week high of $40.77. The stock has a market capitalization of $949.05 million, a P/E ratio of 48.19 and a beta of 0.25. The company has a quick ratio of 0.38, a current ratio of 1.26 and a debt-to-equity ratio of 0.98.

TreeHouse Foods Company Profile

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.