Larson Financial Group LLC Buys 6,096 Shares of Tyson Foods, Inc. (NYSE:TSN)

Larson Financial Group LLC boosted its stake in shares of Tyson Foods, Inc. (NYSE:TSN) by 465.3% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 7,406 shares of the company’s stock after purchasing an additional 6,096 shares during the quarter. Larson Financial Group LLC’s holdings in Tyson Foods were worth $441,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Catalyst Capital Advisors LLC boosted its holdings in shares of Tyson Foods by 56.1% during the 3rd quarter. Catalyst Capital Advisors LLC now owns 584 shares of the company’s stock worth $35,000 after buying an additional 210 shares during the period. Thurston Springer Miller Herd & Titak Inc. boosted its holdings in Tyson Foods by 301.6% during the third quarter. Thurston Springer Miller Herd & Titak Inc. now owns 747 shares of the company’s stock valued at $44,000 after acquiring an additional 561 shares during the period. Hantz Financial Services Inc. acquired a new stake in shares of Tyson Foods in the second quarter valued at about $54,000. Northwest Investment Counselors LLC bought a new position in shares of Tyson Foods in the third quarter worth about $59,000. Finally, SYSTM Wealth Solutions LLC lifted its position in shares of Tyson Foods by 1,566.2% during the 2nd quarter. SYSTM Wealth Solutions LLC now owns 1,083 shares of the company’s stock worth $62,000 after purchasing an additional 1,018 shares during the last quarter. Institutional investors and hedge funds own 67.00% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have issued reports on TSN. JPMorgan Chase & Co. raised their target price on Tyson Foods from $61.00 to $63.00 and gave the company a “neutral” rating in a report on Tuesday, August 6th. Citigroup dropped their target price on shares of Tyson Foods from $63.00 to $60.00 and set a “neutral” rating on the stock in a research report on Wednesday, October 9th. Bank of America reduced their price target on shares of Tyson Foods from $65.00 to $62.00 and set a “neutral” rating for the company in a report on Tuesday, October 15th. StockNews.com upgraded shares of Tyson Foods from a “hold” rating to a “buy” rating in a report on Tuesday, August 6th. Finally, Stephens lifted their target price on Tyson Foods from $57.00 to $60.00 and gave the stock an “equal weight” rating in a research report on Wednesday, November 13th. Two investment analysts have rated the stock with a sell rating, six have issued a hold rating and two have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Tyson Foods has an average rating of “Hold” and a consensus price target of $60.67.

Tyson Foods Stock Up 0.0 %

Shares of TSN opened at $63.81 on Wednesday. Tyson Foods, Inc. has a 12 month low of $46.51 and a 12 month high of $66.88. The stock has a market cap of $22.71 billion, a price-to-earnings ratio of 28.36, a P/E/G ratio of 0.96 and a beta of 0.78. The company has a 50-day moving average price of $60.21 and a two-hundred day moving average price of $59.93. The company has a quick ratio of 0.95, a current ratio of 2.04 and a debt-to-equity ratio of 0.52.

Insider Buying and Selling

In other Tyson Foods news, General Counsel Adam S. Deckinger sold 10,500 shares of the 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 completion of the transaction, the general counsel now directly owns 19,260 shares in the company, valued at $1,248,048. This represents a 35.28 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Wes Morris sold 22,783 shares of the business’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 in the company, valued at $999,409.27. This represents a 58.84 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 414,814 shares of company stock worth $26,450,955 in the last 90 days. 2.05% of the stock is owned by company insiders.

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.