Kalmar Investments Inc De Lowers stake in TreeHouse Foods (THS)

TreeHouse Foods (THS) : Kalmar Investments Inc De reduced its stake in TreeHouse Foods by 35.21% during the most recent quarter end. The investment management company now holds a total of 484,163 shares of TreeHouse Foods which is valued at $45.9 Million after selling 263,140 shares in TreeHouse Foods , the firm said in a disclosure report filed with the SEC on May 27, 2016.TreeHouse Foods makes up approximately 1.84% of Kalmar Investments Inc De’s portfolio.

Other Hedge Funds, Including , Phocas Financial Corp. boosted its stake in THS in the latest quarter, The investment management firm added 2,789 additional shares and now holds a total of 103,619 shares of TreeHouse Foods which is valued at $9.4 Million. TreeHouse Foods makes up approx 0.71% of Phocas Financial Corp.’s portfolio.Guggenheim Capital boosted its stake in THS in the latest quarter, The investment management firm added 13,336 additional shares and now holds a total of 46,757 shares of TreeHouse Foods which is valued at $4.2 Million. TreeHouse Foods makes up approx 0.01% of Guggenheim Capital’s portfolio.Fred Alger Management Inc boosted its stake in THS in the latest quarter, The investment management firm added 135,783 additional shares and now holds a total of 299,968 shares of TreeHouse Foods which is valued at $27.2 Million. TreeHouse Foods makes up approx 0.14% of Fred Alger Management Inc’s portfolio. A.r.t. Advisors sold out all of its stake in THS during the most recent quarter. The investment firm sold 11,663 shares of THS which is valued $1.1 Million. Adage Capital Partners Gp L.l.c. sold out all of its stake in THS during the most recent quarter. The investment firm sold 160,000 shares of THS which is valued $14.5 Million.

TreeHouse Foods opened for trading at $95.4 and hit $96.1 on the upside on Tuesday, eventually ending the session at $95.61, with a gain of 0.08% or 0.08 points. The heightened volatility saw the trading volume jump to 3,09,736 shares. Company has a market cap of $5,396 M.

On the company’s financial health, TreeHouse Foods reported $0.48 EPS for the quarter, beating the analyst consensus estimate by $ 0.07 according to the earnings call on May 5, 2016. Analyst had a consensus of $0.41. The company had revenue of $1270.20 million for the quarter, compared to analysts expectations of $1268.50 million. The company’s revenue was up 62.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.59 EPS.

Many Wall Street Analysts have commented on TreeHouse Foods. TreeHouse Foods was Initiated by KeyBanc Capital Mkts to “Overweight” on May 26, 2016.

TreeHouse Foods Inc. is a consumer packaged food and beverage manufacturing company. The Company’s segments include North American Retail Grocery Food Away From Home and Industrial and Export. Its North American Retail Grocery segment sells branded and private label products to customers within the United States and Canada. Its Food Away From Home segment sells its products to foodservice customers such as restaurant chains and food distribution companies in the United States and Canada. Its Industrial and Export segment includes its co-pack business and non-dairy powdered creamer sales to industrial customers for use in industrial applications. The Company manufactures a variety of shelf stable refrigerated and fresh products. Its 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.

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