Tyson Foods, Inc. (NYSE:TSN) Shares Purchased by Rosenberg Matthew Hamilton

Rosenberg Matthew Hamilton increased its holdings in Tyson Foods, Inc. (NYSE:TSN) by 139.1% in the 4th quarter, HoldingsChannel reports. The fund owned 1,143 shares of the company’s stock after purchasing an additional 665 shares during the quarter. Rosenberg Matthew Hamilton’s holdings in Tyson Foods were worth $66,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. State Street Corp lifted its stake in Tyson Foods by 6.9% during the third quarter. State Street Corp now owns 13,304,869 shares of the company’s stock worth $792,438,000 after purchasing an additional 859,351 shares in the last quarter. Barclays PLC grew its position in Tyson Foods by 66.1% in the 3rd quarter. Barclays PLC now owns 1,122,285 shares of the company’s stock valued at $66,841,000 after acquiring an additional 446,648 shares in the last quarter. JPMorgan Chase & Co. increased its stake in 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 purchasing an additional 352,863 shares during the period. Robeco Institutional Asset Management B.V. lifted its position in shares of Tyson Foods by 149.3% during the third quarter. Robeco Institutional Asset Management B.V. now owns 421,827 shares of the company’s stock worth $25,124,000 after purchasing an additional 252,635 shares in the last quarter. Finally, Canada Pension Plan Investment Board boosted its stake in shares of Tyson Foods by 37.1% in the second quarter. Canada Pension Plan Investment Board now owns 897,615 shares of the company’s stock valued at $51,290,000 after purchasing an additional 242,700 shares during the period. 67.00% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

TSN has been the topic of several recent research reports. Stephens upped 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 objective 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. UBS Group started coverage on shares of Tyson Foods in a report on Friday, January 10th. They issued a “neutral” rating and a $62.00 price objective on the stock. Bank of America lowered 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. Finally, BMO Capital Markets lifted their price target on Tyson Foods from $60.00 to $62.00 and gave the stock a “market perform” rating in a report on Wednesday, November 13th. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating and two have given a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $60.80.

Insiders Place Their Bets

In other news, Director Noel W. White sold 171,057 shares of the firm’s stock in a transaction that occurred on Thursday, November 21st. The shares were sold at an average price of $63.70, for a total transaction of $10,896,330.90. Following the transaction, the director now directly owns 36,179 shares in the company, valued at approximately $2,304,602.30. This trade represents a 82.54 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Wes Morris sold 22,783 shares of the company’s stock in a transaction on Wednesday, November 13th. The shares were sold at an average price of $62.71, for a total transaction of $1,428,721.93. Following the completion of the sale, the insider now owns 15,937 shares of the company’s stock, valued at approximately $999,409.27. This trade represents a 58.84 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 414,814 shares of company stock valued at $26,450,955 over the last quarter. Company insiders own 2.03% of the company’s stock.

Tyson Foods Stock Down 0.5 %

Tyson Foods stock opened at $55.35 on Wednesday. The company has a market capitalization of $19.70 billion, a P/E ratio of 24.60, a PEG ratio of 0.91 and a beta of 0.81. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.95 and a current ratio of 2.04. Tyson Foods, Inc. has a fifty-two week low of $51.16 and a fifty-two week high of $66.88. The stock has a 50-day simple moving average of $60.35 and a 200-day simple moving average of $60.40.

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.