Levin Capital Strategies L.P. Has $167.14 Million Position in TreeHouse Foods Inc. (THS)

Levin Capital Strategies L.P. increased its stake in TreeHouse Foods Inc. (NYSE:THS) by 1.6% in the 4th quarter, HoldingsChannel reports. The fund owned 3,296,060 shares of the company’s stock after buying an additional 51,943 shares during the quarter. TreeHouse Foods comprises about 3.7% of Levin Capital Strategies L.P.’s holdings, making the stock its 9th largest position. Levin Capital Strategies L.P. owned 0.06% of TreeHouse Foods worth $167,143,000 as of its most recent filing with the SEC.

A number of other large investors also recently made changes to their positions in the stock. Channing Capital Management LLC boosted its position in TreeHouse Foods by 51.5% during the third quarter. Channing Capital Management LLC now owns 1,558,624 shares of the company’s stock valued at $74,580,000 after buying an additional 529,989 shares during the period. Renaissance Technologies LLC boosted its position in TreeHouse Foods by 126.6% during the third quarter. Renaissance Technologies LLC now owns 670,500 shares of the company’s stock valued at $32,083,000 after buying an additional 374,600 shares during the period. FMR LLC boosted its position in TreeHouse Foods by 7.7% during the third quarter. FMR LLC now owns 5,039,594 shares of the company’s stock valued at $241,145,000 after buying an additional 359,926 shares during the period. Panagora Asset Management Inc. boosted its position in TreeHouse Foods by 5,768.2% during the third quarter. Panagora Asset Management Inc. now owns 292,473 shares of the company’s stock valued at $13,995,000 after buying an additional 287,489 shares during the period. Finally, Russell Investments Group Ltd. boosted its position in TreeHouse Foods by 13.6% during the third quarter. Russell Investments Group Ltd. now owns 1,295,204 shares of the company’s stock valued at $61,977,000 after buying an additional 154,974 shares during the period.

Several equities analysts have recently commented on THS shares. UBS Group set a $47.00 price objective on shares of TreeHouse Foods and gave the company a “hold” rating in a research note on Friday, November 2nd. Citigroup decreased their price target on shares of TreeHouse Foods from $58.00 to $55.00 and set a “buy” rating for the company in a research note on Friday, November 2nd. ValuEngine raised shares of TreeHouse Foods from a “sell” rating to a “hold” rating in a research note on Friday, November 2nd. Wells Fargo & Co decreased their price target on shares of TreeHouse Foods from $50.00 to $48.00 and set a “market perform” rating for the company in a research note on Monday, November 5th. Finally, Zacks Investment Research reissued a “sell” rating on shares of TreeHouse Foods in a research note on Friday, November 16th. One investment analyst has rated the stock with a sell rating, ten have assigned a hold rating and three have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of $51.15.

Shares of NYSE THS opened at $58.91 on Monday. TreeHouse Foods Inc. has a fifty-two week low of $36.35 and a fifty-two week high of $60.58. The company has a market cap of $3.28 billion, a price-to-earnings ratio of 20.96, a price-to-earnings-growth ratio of 5.72 and a beta of 0.57. The company has a quick ratio of 0.59, a current ratio of 1.90 and a debt-to-equity ratio of 1.07.

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TreeHouse Foods Profile

TreeHouse Foods, Inc operates as a food and beverage manufacturer in the United States, Canada, and Italy. The company operates through Baked Goods, Beverages, Condiments, Meals, and Snacks segments. The Baked Goods segment offers candies, cookies, crackers, in-store bakery products, pita chips, pretzels, refrigerated dough, retail griddle waffles, pancakes, and French toasts.

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Institutional Ownership by Quarter for TreeHouse Foods (NYSE:THS)

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