Segall Bryant Hamill buys $63.4 Million stake in TreeHouse Foods (THS)

TreeHouse Foods (THS) : Segall Bryant Hamill scooped up 25,348 additional shares in TreeHouse Foods during the most recent quarter end , the firm said in a disclosure report filed with the SEC on May 12, 2016. The investment management firm now holds a total of 690,481 shares of TreeHouse Foods which is valued at $63.4 Million.TreeHouse Foods makes up approximately 1.59% of Segall Bryant Hamill’s portfolio.

Other Hedge Funds, Including , Dana Investment Advisors sold out all of its stake in THS during the most recent quarter. The investment firm sold 18,070 shares of THS which is valued $1.7 Million.Thompson Siegel Walmsley boosted its stake in THS in the latest quarter, The investment management firm added 129,846 additional shares and now holds a total of 533,691 shares of TreeHouse Foods which is valued at $49 Million. TreeHouse Foods makes up approx 0.81% of Thompson Siegel Walmsley’s portfolio.Blackrock Advisors boosted its stake in THS in the latest quarter, The investment management firm added 84,933 additional shares and now holds a total of 150,919 shares of TreeHouse Foods which is valued at $13.9 Million. TreeHouse Foods makes up approx 0.02% of Blackrock Advisors’s portfolio. Engineers Gate Manager Lp sold out all of its stake in THS during the most recent quarter. The investment firm sold 5,680 shares of THS which is valued $521,822.State Treasurer State Of Michigan boosted its stake in THS in the latest quarter, The investment management firm added 5,500 additional shares and now holds a total of 22,500 shares of TreeHouse Foods which is valued at $2.1 Million. TreeHouse Foods makes up approx 0.02% of State Treasurer State Of Michigan’s portfolio.

TreeHouse Foods opened for trading at $90.69 and hit $91.7 on the upside on Friday, eventually ending the session at $90.67, with a gain of 0.07% or 0.06 points. The heightened volatility saw the trading volume jump to 8,62,818 shares. Company has a market cap of $5,117 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.

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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