Y Intercept Hong Kong Ltd Purchases Shares of 17,395 Tyson Foods, Inc. (NYSE:TSN)

Y Intercept Hong Kong Ltd acquired a new position in shares of Tyson Foods, Inc. (NYSE:TSN - Free Report) during the 3rd quarter, according to its most recent 13F filing with the SEC. The fund acquired 17,395 shares of the company's stock, valued at approximately $1,036,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. State Street Corp boosted its position in shares of 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 buying an additional 859,351 shares during the period. Pzena Investment Management LLC lifted its stake in Tyson Foods by 0.4% during the third quarter. Pzena Investment Management LLC now owns 12,543,781 shares of the company's stock valued at $747,108,000 after buying an additional 54,217 shares in the last quarter. Davis Selected Advisers acquired a new stake in Tyson Foods during the 2nd quarter valued at $177,439,000. Charles Schwab Investment Management Inc. lifted its stake in Tyson Foods by 1.7% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 2,357,941 shares of the company's stock worth $140,439,000 after acquiring an additional 39,252 shares in the last quarter. Finally, Van ECK Associates Corp boosted its stake in shares of Tyson Foods by 45.5% during the 2nd quarter. Van ECK Associates Corp now owns 1,274,741 shares of the company's stock valued at $72,839,000 after buying an additional 398,404 shares during the period. Institutional investors own 67.00% of the company's stock.

Tyson Foods Trading Down 1.2 %

Shares of Tyson Foods stock traded down $0.72 on Friday, hitting $60.48. The stock had a trading volume of 1,624,384 shares, compared to its average volume of 2,447,597. Tyson Foods, Inc. has a twelve month low of $50.97 and a twelve month 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 has a market capitalization of $21.52 billion, a P/E ratio of 27.16, a PEG ratio of 0.93 and a beta of 0.79. The stock has a 50 day moving average of $61.05 and a 200 day moving average of $60.18.

Analysts Set New Price Targets

TSN has been the subject of a number of analyst reports. Stephens boosted their price target 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. Citigroup decreased their price target 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 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. Barclays upped their price target on Tyson Foods from $72.00 to $76.00 and gave the company an "overweight" rating in a report on Monday, September 9th. Finally, BMO Capital Markets boosted their price objective 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. Two equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat, the company has an average rating of "Hold" and a consensus price target of $60.67.

Insider Buying and Selling

In other Tyson Foods news, General Counsel Adam S. Deckinger sold 10,500 shares of Tyson Foods stock in a transaction on Friday, November 15th. The shares were sold at an average price of $64.80, for a total value of $680,400.00. Following the completion of the sale, 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 transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Wes Morris sold 22,783 shares of the business's stock in a transaction dated Wednesday, November 13th. The stock was sold at an average price of $62.71, for a total transaction of $1,428,721.93. Following the sale, the insider now directly owns 15,937 shares of the company's stock, valued at approximately $999,409.27. The trade was a 58.84 % decrease in their ownership of the stock. 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 90 days. 2.05% of the stock is owned by 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.