Is TreeHouse Foods (NYSE:THS) a Stock to Watch Now That Jefferies Has Begun Covering It?


How Jefferies Currently Rates TreeHouse Foods (NYSE:THS)

Jefferies revealed to investors in an interesting analyst report that it have commenced coverage coverage on TreeHouse Foods (NYSE:THS) stock, with “Buy” rating.

From a total of 11 analysts covering Treehouse Foods (NYSE:THS) stock, 11 rate it a ”Buy”, 0 a “Sell”, and 3 a ”Hold”. This means that 79% of the ratings are positive. The highest target price is $108 while the lowest target price is $88. The mean of all analyst targets is $96.45 with a 13.74% above today’s ($80.36) stock price. Treehouse Foods was the topic of 8 analyst reports since August 7, 2015 according to the firm StockzIntelligence Inc. BMO Capital Markets downgraded shares on November 6 to “Market Perform” rating. Bank of America upgraded THS stock in a recent report from October 2 to “Buy” rating.

Approximately 81,702 shares of stock traded hands. TreeHouse Foods Inc. (NYSE:THS) has risen 9.07% since May 13, 2015 and is uptrending. It has outperformed by 11.69% the S&P500.

The overall sentiment of institutions has increased to 1.19 in Q2 2015. Its up 0.14, from 1.05 in 2015Q2. The ratio improved, as 32 institutions have sold all the shares of TreeHouse Foods Inc. that they owned while 68 funds have taken shares off the table. 34 funds have purchased shares for the first time while 85 added to their positions. These institutions now hold 40.35 million shares or 7.73% less than the 43.73 million shares they owned in 2015Q2.

The Fund Tamro Capital Partners Llc currently is holding shares equating to 2.03% of its total portfolio in TreeHouse Foods Inc. representing a total of 229,098 shares. Another fund,Champlain Investment Partners Llc, is holding a total of 1.33 million shares equating to 1.81% of their holdings. Additionally, Ranger Investment Management L.P. has a 393,356 share stake in TreeHouse Foods Inc. which represents 1.72% of their total portfolio. The Fund, Bronson Point Management Llc, based out of Connecticut, has also built up a stake in the stock, which represents a total of 1.7% of their total portfolio. Finally William Harris Investors Inc, a fund which is based in the state of Illinois reported a total holdings of 80,314 shares.

Insider activity is a very important aspect to track on any stock. Going back to March 23, 2015, shareholders of TreeHouse Foods Inc. have witnessed 0 buys, and a total of 1 insider sale equating to a net activity of approximately $774,222 . Riordan Dennis F sold 10,000 shares worth approximately $774,222.

TreeHouse Foods, Inc. is a consumer packaged food and beverage manufacturing company. The company has a market cap of $3.40 billion. The Company’s divisions include North American Retail Grocery, Food Away From Home, and Industrial and Export. It has 27.01 P/E ratio. The Company’s North American Retail Grocery segment sells branded and private label products to clients within the United States and Canada.

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.”