Segall Bryant Hamill Lowers stake in TreeHouse Foods (THS)

TreeHouse Foods (THS) : Segall Bryant Hamill reduced its stake in TreeHouse Foods by 8.54% during the most recent quarter end. The investment management company now holds a total of 631,487 shares of TreeHouse Foods which is valued at $61,898,356 after selling 58,994 shares in TreeHouse Foods , the firm said in a disclosure report filed with the SEC on Aug 10, 2016.TreeHouse Foods makes up approximately 1.57% of Segall Bryant Hamill’s portfolio.

Other Hedge Funds, Including , Texas Permanent School Fund reduced its stake in THS by selling 1,605 shares or 3.59% in the most recent quarter. The Hedge Fund company now holds 43,150 shares of THS which is valued at $4,229,563. TreeHouse Foods makes up approx 0.05% of Texas Permanent School Fund’s portfolio. Tradewinds Capital Management added THS to its portfolio by purchasing 50 company shares during the most recent quarter which is valued at $5,160.Diversified Trust Co reduced its stake in THS by selling 750 shares or 10.3% in the most recent quarter. The Hedge Fund company now holds 6,530 shares of THS which is valued at $660,836. TreeHouse Foods makes up approx 0.09% of Diversified Trust Co’s portfolio.Financial Architects Inc boosted its stake in THS in the latest quarter, The investment management firm added 139 additional shares and now holds a total of 188 shares of TreeHouse Foods which is valued at $19,026. TreeHouse Foods makes up approx 0.01% of Financial Architects Inc’s portfolio.

TreeHouse Foods opened for trading at $95.71 and hit $97.74 on the upside on Friday, eventually ending the session at $97.55, with a gain of 1.46% or 1.4 points. The heightened volatility saw the trading volume jump to 7,84,770 shares. Company has a market cap of $5,533 M.

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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