Treehouse Foods, Inc. (THS) CEO Sam K. Reed Sells 11,480 Shares

Treehouse Foods, Inc. (NYSE:THS) CEO Sam K. Reed sold 11,480 shares of the stock in a transaction that occurred on Monday, October 9th. The stock was sold at an average price of $67.58, for a total transaction of $775,818.40. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Shares of Treehouse Foods, Inc. (THS) opened at 68.44 on Wednesday. Treehouse Foods, Inc. has a 12 month low of $62.64 and a 12 month high of $90.42. The company’s market capitalization is $3.91 billion. The stock’s 50 day moving average is $67.36 and its 200 day moving average is $77.49.

Treehouse Foods (NYSE:THS) last posted its quarterly earnings data on Thursday, August 3rd. The company reported $0.51 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.49 by $0.02. The company had revenue of $1.52 billion during the quarter, compared to analysts’ expectations of $1.54 billion. Treehouse Foods had a negative net margin of 3.90% and a positive return on equity of 6.54%. The firm’s revenue for the quarter was down 1.2% on a year-over-year basis. During the same period in the prior year, the business posted $0.54 earnings per share. On average, equities analysts predict that Treehouse Foods, Inc. will post $3.18 EPS for the current fiscal year.

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Several analysts have recently commented on THS shares. Vertical Group downgraded shares of Treehouse Foods from a “buy” rating to a “hold” rating and decreased their price objective for the company from $100.61 to $62.64 in a research report on Friday, August 4th. Vertical Research downgraded shares of Treehouse Foods from a “buy” rating to a “hold” rating in a research report on Friday, August 4th. UBS AG downgraded shares of Treehouse Foods from a “positive” rating to a “neutral” rating in a research report on Friday, August 4th. BMO Capital Markets decreased their price objective on shares of Treehouse Foods from $90.00 to $85.00 and set an “outperform” rating on the stock in a research report on Friday, August 4th. Finally, Jefferies Group LLC restated a “buy” rating and set a $100.00 price objective on shares of Treehouse Foods in a research report on Tuesday, September 26th. Two analysts have rated the stock with a sell rating, nine have assigned a hold rating and five have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average target price of $81.52.

A number of large investors have recently bought and sold shares of THS. Prudential Financial Inc. raised its position in Treehouse Foods by 5.9% during the first quarter. Prudential Financial Inc. now owns 38,308 shares of the company’s stock worth $3,243,000 after acquiring an additional 2,134 shares during the period. SG Americas Securities LLC raised its position in Treehouse Foods by 282.7% during the first quarter. SG Americas Securities LLC now owns 5,913 shares of the company’s stock worth $501,000 after acquiring an additional 4,368 shares during the period. Clinton Group Inc. acquired a new position in Treehouse Foods during the first quarter worth $316,000. Neuberger Berman Group LLC raised its position in Treehouse Foods by 22.1% during the first quarter. Neuberger Berman Group LLC now owns 5,524 shares of the company’s stock worth $468,000 after acquiring an additional 1,000 shares during the period. Finally, Dynamic Technology Lab Private Ltd acquired a new position in Treehouse Foods during the first quarter worth $287,000.

Treehouse Foods Company Profile

TreeHouse Foods, Inc is a consumer packaged food and beverage manufacturer. The Company’s segments include North American Retail Grocery, Food Away From Home, and Industrial and Export. The Company manufactures a range of shelf stable, refrigerated, fresh and frozen products. Its product categories include beverages, salad dressings, snack nuts, beverage enhancers, pickles, sauces, cereals, pasta and dry dinners, cookies and crackers, retail bakery, aseptic products, jams and other products.

THS) opened at 68.44 on Wednesday. Treehouse Foods, Inc. has a 12 month low of $62.64 and a 12 month high of $90.42. The company’s market capitalization is $3.91 billion. The stock’s 50 day moving average is $67.36 and its 200 day moving average is $77.49.

Treehouse Foods (NYSE:THS) last posted its quarterly earnings data on Thursday, August 3rd. The company reported $0.51 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.49 by $0.02. The company had revenue of $1.52 billion during the quarter, compared to analysts’ expectations of $1.54 billion. Treehouse Foods had a negative net margin of 3.90% and a positive return on equity of 6.54%. The firm’s revenue for the quarter was down 1.2% on a year-over-year basis. During the same period in the prior year, the business posted $0.54 earnings per share. On average, equities analysts predict that Treehouse Foods, Inc. will post $3.18 EPS for the current fiscal year.

ILLEGAL ACTIVITY NOTICE: This piece was published by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are accessing this piece on another domain, it was illegally stolen and reposted in violation of US and international trademark and copyright law. The correct version of this piece can be accessed at https://ledgergazette.com/2017/10/11/treehouse-foods-inc-ths-ceo-sam-k-reed-sells-11480-shares.html.

Several analysts have recently commented on THS shares. Vertical Group downgraded shares of Treehouse Foods from a “buy” rating to a “hold” rating and decreased their price objective for the company from $100.61 to $62.64 in a research report on Friday, August 4th. Vertical Research downgraded shares of Treehouse Foods from a “buy” rating to a “hold” rating in a research report on Friday, August 4th. UBS AG downgraded shares of Treehouse Foods from a “positive” rating to a “neutral” rating in a research report on Friday, August 4th. BMO Capital Markets decreased their price objective on shares of Treehouse Foods from $90.00 to $85.00 and set an “outperform” rating on the stock in a research report on Friday, August 4th. Finally, Jefferies Group LLC restated a “buy” rating and set a $100.00 price objective on shares of Treehouse Foods in a research report on Tuesday, September 26th. Two analysts have rated the stock with a sell rating, nine have assigned a hold rating and five have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average target price of $81.52.

A number of large investors have recently bought and sold shares of THS. Prudential Financial Inc. raised its position in Treehouse Foods by 5.9% during the first quarter. Prudential Financial Inc. now owns 38,308 shares of the company’s stock worth $3,243,000 after acquiring an additional 2,134 shares during the period. SG Americas Securities LLC raised its position in Treehouse Foods by 282.7% during the first quarter. SG Americas Securities LLC now owns 5,913 shares of the company’s stock worth $501,000 after acquiring an additional 4,368 shares during the period. Clinton Group Inc. acquired a new position in Treehouse Foods during the first quarter worth $316,000. Neuberger Berman Group LLC raised its position in Treehouse Foods by 22.1% during the first quarter. Neuberger Berman Group LLC now owns 5,524 shares of the company’s stock worth $468,000 after acquiring an additional 1,000 shares during the period. Finally, Dynamic Technology Lab Private Ltd acquired a new position in Treehouse Foods during the first quarter worth $287,000.

Treehouse Foods Company Profile

TreeHouse Foods, Inc is a consumer packaged food and beverage manufacturer. The Company’s segments include North American Retail Grocery, Food Away From Home, and Industrial and Export. The Company manufactures a range of shelf stable, refrigerated, fresh and frozen products. Its product categories include beverages, salad dressings, snack nuts, beverage enhancers, pickles, sauces, cereals, pasta and dry dinners, cookies and crackers, retail bakery, aseptic products, jams and other products.

Insider Buying and Selling by Quarter for Treehouse Foods (NYSE:THS)

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