Treehouse Foods Inc (NYSE:THS) Institutional Investors Sentiment Index Worsens in 2018 Q2

October 2, 2018 - By Ruchi Gupta

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Sentiment for Treehouse Foods Inc (NYSE:THS)

Treehouse Foods Inc (NYSE:THS) institutional sentiment decreased to 1.06 in Q2 2018. Its down -0.12, from 1.18 in 2018Q1. The ratio turned negative, as 99 investment professionals increased and opened new equity positions, while 93 decreased and sold equity positions in Treehouse Foods Inc. The investment professionals in our partner’s database now hold: 56.81 million shares, down from 57.64 million shares in 2018Q1. Also, the number of investment professionals holding Treehouse Foods Inc in their top 10 equity positions increased from 0 to 3 for an increase of 3. Sold All: 23 Reduced: 70 Increased: 67 New Position: 32.

TreeHouse Foods, Inc. operates as a food and beverage maker in the United States and Canada. The company has market cap of $2.67 billion. The firm operates through North American Retail Grocery, Food Away From Home, and Industrial and Export divisions. It currently has negative earnings. It sells branded and private label products, including non-dairy powdered creamers; sweeteners; condensed, ready to serve, and powdered soups, broths, and gravies; refrigerated and shelf stable salad dressings and sauces; pickles and related products; Mexican and other sauces; jams and pie fillings; aseptic products; liquid non-dairy creamer; powdered drinks; single serve hot beverages; specialty teas; hot cereals; baking and mix powders; macaroni and cheese; skillet dinners; snack nuts, trail mixes, dried fruit, and other wholesome snacks; nuts; and other products.

The stock increased 1.26% or $0.59 during the last trading session, reaching $47.51. About 270,150 shares traded. TreeHouse Foods, Inc. (NYSE:THS) has declined 18.19% since October 2, 2017 and is downtrending. It has underperformed by 33.81% the S&P500.

Analysts await TreeHouse Foods, Inc. (NYSE:THS) to report earnings on November, 1. They expect $0.55 EPS, down 17.91 % or $0.12 from last year’s $0.67 per share. THS’s profit will be $30.93M for 21.60 P/E if the $0.55 EPS becomes a reality. After $0.37 actual EPS reported by TreeHouse Foods, Inc. for the previous quarter, Wall Street now forecasts 48.65 % EPS growth.

Kestrel Investment Management Corp holds 3.8% of its portfolio in TreeHouse Foods, Inc. for 198,300 shares. Levin Capital Strategies L.P. owns 3.66 million shares or 3.31% of their US portfolio. Moreover, S&T Bank Pa has 2.57% invested in the company for 259,123 shares. The Illinois-based Channing Capital Management Llc has invested 1.91% in the stock. Champlain Investment Partners Llc, a Us-based fund reported 3.20 million shares.

Since January 1, 0001, it had 0 insider buys, and 4 sales for $3.47 million activity.

TreeHouse Foods, Inc. (NYSE:THS) Ratings Coverage

Ratings analysis reveals 20% of TreeHouse Foods’s analysts are positive. Out of 5 Wall Street analysts rating TreeHouse Foods, 1 give it “Buy”, 0 “Sell” rating, while 4 recommend “Hold”. The lowest target is $40 while the high is $50. The stock’s average target of $44 is -7.39% below today’s ($47.51) share price. THS was included in 5 notes of analysts from April 3, 2018. The firm has “Neutral” rating given on Friday, August 3 by JP Morgan. On Tuesday, April 3 the stock rating was maintained by Jefferies with “Buy”. Stifel Nicolaus maintained it with “Hold” rating and $50 target in Friday, August 3 report. Susquehanna maintained TreeHouse Foods, Inc. (NYSE:THS) on Thursday, September 20 with “Neutral” rating. The stock of TreeHouse Foods, Inc. (NYSE:THS) earned “Neutral” rating by Credit Suisse on Monday, May 7.

More news for TreeHouse Foods, Inc. (NYSE:THS) were recently published by: Gurufocus.com, which released: “TreeHouse Foods Announces Webcast of Third Quarter 2018 Earnings Conference Call” on September 27, 2018. Streetinsider.com‘s article titled: “Susquehanna Sees Treehouse Foods (THS) Losing Share To KGM, Offsetting Private Brands Improvement” and published on September 20, 2018 is yet another important article.

TreeHouse Foods, Inc. (NYSE:THS) Institutional Positions Chart

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