Park Avenue Securities LLC raised its holdings in shares of Tyson Foods, Inc. (NYSE:TSN – Free Report) by 59.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 10,132 shares of the company’s stock after acquiring an additional 3,764 shares during the period. Park Avenue Securities LLC’s holdings in Tyson Foods were worth $582,000 at the end of the most recent reporting period.
Several other large investors have also recently made changes to their positions in the business. Crossmark Global Holdings Inc. grew its holdings in shares of Tyson Foods by 0.9% during the 3rd quarter. Crossmark Global Holdings Inc. now owns 19,482 shares of the company’s stock valued at $1,160,000 after purchasing an additional 172 shares during the last quarter. Signaturefd LLC grew its stake in shares of Tyson Foods by 6.9% during the third quarter. Signaturefd LLC now owns 2,727 shares of the company’s stock valued at $162,000 after buying an additional 175 shares during the last quarter. Wealth Enhancement Advisory Services LLC increased its holdings in shares of Tyson Foods by 1.7% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 10,800 shares of the company’s stock worth $643,000 after buying an additional 184 shares during the period. PNC Financial Services Group Inc. lifted its stake in shares of Tyson Foods by 0.4% in the 3rd quarter. PNC Financial Services Group Inc. now owns 48,829 shares of the company’s stock valued at $2,908,000 after acquiring an additional 189 shares during the last quarter. Finally, Empirical Finance LLC lifted its stake in shares of Tyson Foods by 2.1% in the 3rd quarter. Empirical Finance LLC now owns 9,957 shares of the company’s stock valued at $593,000 after acquiring an additional 206 shares during the last quarter. 67.00% of the stock is owned by hedge funds and other institutional investors.
Tyson Foods Trading Down 1.6 %
Shares of NYSE TSN opened at $55.56 on Thursday. The stock has a market cap of $19.77 billion, a P/E ratio of 24.70, a price-to-earnings-growth ratio of 0.83 and a beta of 0.81. The company has a debt-to-equity ratio of 0.52, a current ratio of 2.04 and a quick ratio of 0.95. Tyson Foods, Inc. has a 1 year low of $51.16 and a 1 year high of $66.88. The firm has a 50-day moving average of $59.96 and a 200 day moving average of $60.37.
Insider Activity
Wall Street Analysts Forecast Growth
A number of equities analysts have commented on TSN shares. Citigroup decreased their price target on Tyson Foods from $63.00 to $60.00 and set a “neutral” rating on the stock in a research note on Wednesday, October 9th. Stephens lifted their target price on shares of Tyson Foods from $57.00 to $60.00 and gave the stock an “equal weight” rating in a research note on Wednesday, November 13th. Piper Sandler increased their price target on shares of Tyson Foods from $50.00 to $58.00 and gave the company an “underweight” rating in a research report on Wednesday, November 13th. BMO Capital Markets boosted their price objective on shares of Tyson Foods from $60.00 to $62.00 and gave the company a “market perform” rating in a research report on Wednesday, November 13th. Finally, UBS Group assumed coverage on shares of Tyson Foods in a report on Friday, January 10th. They set a “neutral” rating and a $62.00 target price for the company. Two analysts have rated the stock with a sell rating, seven have given a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $60.70.
Get Our Latest Analysis on Tyson Foods
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.
See Also
- Five stocks we like better than Tyson Foods
- 3 Home Improvement Stocks that Can Upgrade Your Portfolio
- Oracle Announces Game-Changing News for the AI Industry
- Airline Stocks – Top Airline Stocks to Buy Now
- Netflix Adds 19 Million Subscribers, Growth Is Far From Over
- What Are Dividend Challengers?
- Tempus AI: A Game-Changer in AI-Powered Healthcare
Receive News & Ratings for Tyson Foods Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tyson Foods and related companies with MarketBeat.com's FREE daily email newsletter.