Forsta Ap-fonden buys $63,164,584 stake in TreeHouse Foods (THS)

TreeHouse Foods (THS) : Forsta Ap-fonden scooped up 138,610 additional shares in TreeHouse Foods during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 8, 2016. The investment management firm now holds a total of 646,185 shares of TreeHouse Foods which is valued at $63,164,584.TreeHouse Foods makes up approximately 1.78% of Forsta Ap-fonden’s portfolio.

Other Hedge Funds, Including , I.g. Investment Management Ltd. reduced its stake in THS by selling 4,300 shares or 5.24% in the most recent quarter. The Hedge Fund company now holds 77,800 shares of THS which is valued at $7,786,224. TreeHouse Foods makes up approx 0.03% of I.g. Investment Management Ltd.’s portfolio.Swiss National Bank boosted its stake in THS in the latest quarter, The investment management firm added 2,700 additional shares and now holds a total of 93,551 shares of TreeHouse Foods which is valued at $9,501,040. TreeHouse Foods makes up approx 0.01% of Swiss National Bank’s portfolio.Nisa Investment Advisors reduced its stake in THS by selling 100 shares or 0.43% in the most recent quarter. The Hedge Fund company now holds 23,420 shares of THS which is valued at $2,382,048. TreeHouse Foods makes up approx 0.03% of Nisa Investment Advisors’s portfolio.

TreeHouse Foods closed down -0.21 points or -0.21% at $97.81 with 6,32,872 shares getting traded on Monday. Post opening the session at $98, the shares hit an intraday low of $97.7 and an intraday high of $98.46 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.

On the company’s financial health, TreeHouse Foods reported $0.54 EPS for the quarter, based on the information available during the earnings call on Aug 4, 2016. Analyst had a consensus estimate of $0.54. The company had revenue of $1541.40 million for the quarter, compared to analysts expectations of $1557.33 million. The company’s revenue was up 103.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.66 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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