5,690 Shares in Tyson Foods, Inc. (NYSE:TSN) Purchased by GSA Capital Partners LLP

GSA Capital Partners LLP bought a new stake in shares of Tyson Foods, Inc. (NYSE:TSN) during the third quarter, Holdings Channel reports. The fund bought 5,690 shares of the company’s stock, valued at approximately $339,000.

Several other large investors have also modified their holdings of the business. Davis Selected Advisers acquired a new position in shares of Tyson Foods during the second quarter worth $177,439,000. Pzena Investment Management LLC increased its holdings in shares of Tyson Foods by 18.4% during the second quarter. Pzena Investment Management LLC now owns 12,489,564 shares of the company’s stock valued at $713,654,000 after acquiring an additional 1,939,508 shares in the last quarter. Jupiter Asset Management Ltd. purchased a new position in shares of Tyson Foods in the 2nd quarter valued at approximately $29,537,000. Van ECK Associates Corp boosted its stake in Tyson Foods by 45.5% in the 2nd quarter. Van ECK Associates Corp now owns 1,274,741 shares of the company’s stock worth $72,839,000 after purchasing an additional 398,404 shares in the last quarter. Finally, Foundry Partners LLC acquired a new position in Tyson Foods during the 2nd quarter valued at approximately $15,007,000. Institutional investors own 67.00% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on TSN. Stephens increased their price objective on Tyson Foods from $57.00 to $60.00 and gave the company an “equal weight” rating in a report on Wednesday, November 13th. JPMorgan Chase & Co. lifted their price objective on shares of Tyson Foods from $61.00 to $63.00 and gave the company a “neutral” rating in a research note on Tuesday, August 6th. Barclays raised their target price on shares of Tyson Foods from $72.00 to $76.00 and gave the stock an “overweight” rating in a report on Monday, September 9th. Bank of America lowered their price target on shares of Tyson Foods from $65.00 to $62.00 and set a “neutral” rating on the stock in a report on Tuesday, October 15th. Finally, Citigroup decreased their price objective on Tyson Foods from $63.00 to $60.00 and set a “neutral” rating for the company in a report on Wednesday, October 9th. Two investment analysts have rated the stock with a sell rating, six have issued a hold rating and two have given a buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $60.67.

Insiders Place Their Bets

In other news, General Counsel Adam S. Deckinger sold 10,500 shares of the business’s stock in a transaction dated Friday, November 15th. The stock was sold at an average price of $64.80, for a total transaction of $680,400.00. Following the completion of the transaction, the general counsel now directly owns 19,260 shares of the company’s stock, valued at approximately $1,248,048. The trade was a 35.28 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Wes Morris sold 25,080 shares of the stock in a transaction that occurred on Monday, November 18th. The shares were sold at an average price of $64.71, for a total transaction of $1,622,926.80. Following the completion of the sale, 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 disclosure for this sale can be found here. Insiders have sold a total of 58,363 shares of company stock worth $3,732,049 in the last ninety days. 2.05% of the stock is owned by corporate insiders.

Tyson Foods Stock Performance

Shares of Tyson Foods stock opened at $63.77 on Friday. The stock has a market capitalization of $22.69 billion, a price-to-earnings ratio of 28.34, a price-to-earnings-growth ratio of 0.95 and a beta of 0.78. The company has a debt-to-equity ratio of 0.52, a current ratio of 2.04 and a quick ratio of 0.95. The business has a 50-day moving average of $60.13 and a 200 day moving average of $59.86. Tyson Foods, Inc. has a 12 month low of $46.51 and a 12 month high of $66.88.

Tyson Foods Profile

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.