The stock of TreeHouse Foods Inc. (NYSE:THS) is a huge mover today! About 626,595 shares traded hands. TreeHouse Foods Inc. (NYSE:THS) has declined 23.49% since April 18, 2016 and is downtrending. It has underperformed by 27.92% the S&P500.
The move comes after 5 months positive chart setup for the $4.07B company. It was reported on Nov, 18 by Barchart.com. We have $100.92 PT which if reached, will make NYSE:THS worth $1.83B more.
TreeHouse Foods Inc. (NYSE:THS) Ratings Coverage
Out of 9 analysts covering Treehouse Foods (NYSE:THS), 5 rate it a “Buy”, 1 “Sell”, while 3 “Hold”. This means 56% are positive. Treehouse Foods has been the topic of 18 analyst reports since August 7, 2015 according to StockzIntelligence Inc. The stock of TreeHouse Foods Inc. (NYSE:THS) earned “Overweight” rating by JP Morgan on Tuesday, February 9. The stock of TreeHouse Foods Inc. (NYSE:THS) earned “Market Perform” rating by BMO Capital Markets on Friday, November 6. On Friday, August 7 the stock rating was maintained by Credit Suisse with “Neutral”. The rating was downgraded by Suntrust Robinson on Thursday, November 3 to “Hold”. The firm earned “Underperform” rating on Friday, November 4 by Bank of America. Jefferies initiated the shares of THS in a report on Wednesday, December 16 with “Buy” rating. The stock has “Equal-Weight” rating given by Stephens on Thursday, November 3. The company was upgraded on Friday, October 2 by Bank of America. Stephens upgraded the shares of THS in a report on Wednesday, August 26 to “Equal-Weight” rating. The firm has “Hold” rating by SunTrust given on Thursday, November 3.
According to Zacks Investment Research, “TreeHouse Foods is a food manufacturer servicing primarily the retail grocery and foodservice channels. Its products include pickles and related products; non-dairy powdered coffee creamer; and other food products including aseptic sauces, refrigerated salad dressings, and liquid non-dairy creamer.”
Insitutional Activity: The institutional sentiment increased to 1.26 in 2016 Q2. Its up 0.25, from 1.01 in 2016Q1. The ratio increased, as 29 funds sold all TreeHouse Foods Inc. shares owned while 97 reduced positions. 39 funds bought stakes while 88 increased positions. They now own 58.55 million shares or 2.37% less from 59.97 million shares in 2016Q1.
Moreover, Thrivent Fincl For Lutherans has 0% invested in TreeHouse Foods Inc. (NYSE:THS) for 8,070 shares. Kalmar De, a Delaware-based fund reported 481,092 shares. Blackrock Mgmt Ltd Liability last reported 190,355 shares in the company. Janus Capital Management Lc has 6,300 shares for 0% of their US portfolio. Wellington Management Group Inc Ltd Liability Partnership, a Massachusetts-based fund reported 294,223 shares. Wellington Shields Cap Ltd Co owns 64,030 shares or 1.11% of their US portfolio. Waddell & Reed Financial Inc, a Kansas-based fund reported 245,822 shares. Massachusetts Fin Ma last reported 385,390 shares in the company. Moreover, Roosevelt Group Inc Inc has 0.1% invested in TreeHouse Foods Inc. (NYSE:THS) for 12,280 shares. The Illinois-based Segall Bryant Hamill Ltd has invested 1.71% in TreeHouse Foods Inc. (NYSE:THS). Ubs Asset Management Americas Inc holds 40,001 shares or 0% of its portfolio. Liberty Mutual Group Incorporated Asset Mgmt reported 24,481 shares or 0.09% of all its holdings. Huntington Fincl Bank accumulated 992 shares or 0% of the stock. The New York-based National Bank & Trust Of Mellon has invested 0.02% in TreeHouse Foods Inc. (NYSE:THS). Johnson Fincl Grp Incorporated holds 0% or 68 shares in its portfolio.
Insider Transactions: Since June 6, 2016, the stock had 0 buys, and 3 insider sales for $1.28 million net activity. 3,093 shares with value of $294,176 were sold by Sliva Christopher D on Monday, June 6. ONeill Thomas Emmet III sold $582,000 worth of TreeHouse Foods Inc. (NYSE:THS) on Friday, August 19.
More important recent TreeHouse Foods Inc. (NYSE:THS) news were published by: Fool.com which released: “Why TreeHouse Foods Inc. Stock Tumbled Today” on November 03, 2016, also Prnewswire.com published article titled: “TreeHouse Foods, Inc. Reports Third Quarter 2016 Results”, Finance.Yahoo.com published: “SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of TreeHouse …” on November 17, 2016. More interesting news about TreeHouse Foods Inc. (NYSE:THS) was released by: Prnewswire.com and their article: “Harwood Feffer LLP Announces Investigation of TreeHouse Foods, Inc.” with publication date: November 03, 2016.
THS Company Profile
TreeHouse Foods, Inc., incorporated on January 25, 2005, is a consumer packaged food and beverage manufacturing company. The Company’s divisions include North American Retail Grocery, Food Away From Home, and Industrial and Export. The Firm makes a range of shelf stable, refrigerated and fresh products. The Company’s product categories include beverages, salad dressings, snacks, beverage enhancers, pickles, Mexican and other sauces, soup and infant feeding, cereals, dry dinners, aseptic products, jams and other products. The Firm offers its services to retail grocery, food away from home, and industrial and export customers. The Firm has approximately 20 manufacturing facilities across the United States and Canada. With its offering of packaging formats and flavor profiles, the Company also offers natural, organic and preservative-free ingredients in various categories. The Firm supplies to approximately 200 food retail clients in North America.
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