Tyson Foods, Inc. (NYSE:TSN) Stock Holdings Lessened by 1834 Investment Advisors Co.

1834 Investment Advisors Co. cut its stake in shares of Tyson Foods, Inc. (NYSE:TSN) by 0.9% during the fourth quarter, HoldingsChannel.com reports. The firm owned 44,013 shares of the company’s stock after selling 386 shares during the period. 1834 Investment Advisors Co.’s holdings in Tyson Foods were worth $2,528,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in TSN. JPMorgan Chase & Co. raised its holdings in shares of Tyson Foods by 44.8% during the third quarter. JPMorgan Chase & Co. now owns 1,140,309 shares of the company’s stock worth $67,917,000 after acquiring an additional 352,863 shares in the last quarter. Mizuho Securities USA LLC increased its position in Tyson Foods by 517.7% in the 3rd quarter. Mizuho Securities USA LLC now owns 136,235 shares of the company’s stock worth $8,114,000 after purchasing an additional 114,179 shares during the last quarter. Everence Capital Management Inc. purchased a new stake in shares of Tyson Foods during the 4th quarter worth about $775,000. Y Intercept Hong Kong Ltd acquired a new stake in shares of Tyson Foods during the 3rd quarter valued at about $1,036,000. Finally, Sound Income Strategies LLC increased its holdings in Tyson Foods by 14.0% in the fourth quarter. Sound Income Strategies LLC now owns 56,537 shares of the company’s stock worth $3,248,000 after buying an additional 6,955 shares during the last quarter. Hedge funds and other institutional investors own 67.00% of the company’s stock.

Tyson Foods Stock Up 0.8 %

TSN opened at $56.51 on Friday. The business has a 50 day moving average of $59.49 and a 200-day moving average of $60.31. The stock has a market capitalization of $20.11 billion, a price-to-earnings ratio of 25.12, a P/E/G ratio of 0.83 and a beta of 0.81. The company has a current ratio of 2.04, a quick ratio of 0.95 and a debt-to-equity ratio of 0.52. Tyson Foods, Inc. has a 1-year low of $51.16 and a 1-year high of $66.88.

Insider Buying and Selling at Tyson Foods

In related news, insider Wes Morris sold 25,080 shares of the company’s stock in a transaction on Monday, November 18th. The stock was sold at an average price of $64.71, for a total value of $1,622,926.80. Following the completion of the transaction, the insider now directly owns 10,625 shares in the company, valued at approximately $687,543.75. This represents a 70.24 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, General Counsel Adam S. Deckinger sold 10,500 shares of Tyson Foods stock in a transaction on Friday, November 15th. The stock was sold at an average price of $64.80, for a total transaction of $680,400.00. Following the sale, the general counsel now owns 19,260 shares in the company, valued at $1,248,048. This represents a 35.28 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 414,814 shares of company stock valued at $26,450,955 in the last ninety days. Company insiders own 2.03% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on TSN. Bank of America reduced their target price on shares of Tyson Foods from $65.00 to $62.00 and set a “neutral” rating for the company in a research note on Tuesday, October 15th. BMO Capital Markets upped their price objective on shares of Tyson Foods from $60.00 to $62.00 and gave the stock a “market perform” rating in a report on Wednesday, November 13th. UBS Group started coverage on Tyson Foods in a report on Friday, January 10th. They set a “neutral” rating and a $62.00 target price on the stock. Citigroup lowered their price objective on Tyson Foods from $63.00 to $60.00 and set a “neutral” rating on the stock in a report on Wednesday, October 9th. Finally, Piper Sandler boosted their target price on Tyson Foods from $50.00 to $58.00 and gave the stock an “underweight” rating in a report on Wednesday, November 13th. Two equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $60.70.

About Tyson Foods

Tyson Foods, Inc, together with its subsidiaries, operates as a food company worldwide. It operates through four segments: Beef, Pork, Chicken, and Prepared Foods. The company processes live fed cattle and hogs; fabricates dressed beef and pork carcasses into primal and sub-primal meat cuts, as well as case ready beef and pork, and fully cooked meats; raises and processes chickens into fresh, frozen, and value-added chicken products, including breaded chicken strips, nuggets, patties, and other ready-to-fix or fully cooked chicken parts; and supplies poultry breeding stock.