Tyson Foods, Inc. (NYSE:TSN) Shares Acquired by Everpar Advisors LLC

Everpar Advisors LLC boosted its position in shares of Tyson Foods, Inc. (NYSE:TSN) by 0.4% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 63,120 shares of the company’s stock after buying an additional 240 shares during the period. Tyson Foods makes up approximately 1.8% of Everpar Advisors LLC’s investment portfolio, making the stock its 8th largest position. Everpar Advisors LLC’s holdings in Tyson Foods were worth $3,626,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Catalyst Capital Advisors LLC lifted its position 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 last quarter. Harvest Fund Management Co. Ltd bought a new position in shares of Tyson Foods in the third quarter worth about $36,000. ST Germain D J Co. Inc. acquired a new stake in shares of Tyson Foods in the 4th quarter valued at approximately $42,000. Thurston Springer Miller Herd & Titak Inc. increased its position in Tyson Foods by 301.6% during the 3rd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 747 shares of the company’s stock worth $44,000 after purchasing an additional 561 shares in the last quarter. Finally, FNY Investment Advisers LLC acquired a new position in Tyson Foods during the 4th quarter worth approximately $57,000. 67.00% of the stock is currently owned by institutional investors and hedge funds.

Tyson Foods Trading Up 0.6 %

NYSE:TSN opened at $56.07 on Friday. Tyson Foods, Inc. has a 52 week low of $51.16 and a 52 week high of $66.88. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.95 and a current ratio of 2.04. The firm’s fifty day moving average is $60.28 and its 200-day moving average is $60.37. The firm has a market cap of $19.95 billion, a P/E ratio of 24.92, a P/E/G ratio of 0.82 and a beta of 0.81.

Insider Activity at Tyson Foods

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 value of $680,400.00. Following the transaction, the general counsel now directly owns 19,260 shares of the company’s stock, valued at $1,248,048. The trade was a 35.28 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Wes Morris sold 22,783 shares of the company’s stock in a transaction dated Wednesday, November 13th. The shares were sold at an average price of $62.71, for a total value of $1,428,721.93. Following the sale, the insider now owns 15,937 shares in the company, valued at approximately $999,409.27. The trade was 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 worth $26,450,955 over the last quarter. Company insiders own 2.03% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have weighed in on TSN. Bank of America decreased their target price on shares of Tyson Foods from $65.00 to $62.00 and set a “neutral” rating on the stock in a research note on Tuesday, October 15th. BMO Capital Markets increased their target price on Tyson Foods from $60.00 to $62.00 and gave the company a “market perform” rating in a research report on Wednesday, November 13th. Piper Sandler upped their price objective on Tyson Foods from $50.00 to $58.00 and gave the company an “underweight” rating in a research note on Wednesday, November 13th. Citigroup cut 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. Finally, Stephens upped their price target on shares of Tyson Foods from $57.00 to $60.00 and gave the company an “equal weight” rating in a research report on Wednesday, November 13th. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating and two have given a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $60.80.

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.