Amalgamated Bank Has $3.33 Million Stock Holdings in Tyson Foods, Inc. (NYSE:TSN)

Amalgamated Bank trimmed its holdings in Tyson Foods, Inc. (NYSE:TSN - Free Report) by 36.7% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 55,922 shares of the company's stock after selling 32,392 shares during the period. Amalgamated Bank's holdings in Tyson Foods were worth $3,331,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also made changes to their positions in TSN. Greenwood Capital Associates LLC acquired a new position in Tyson Foods in the 3rd quarter valued at $1,074,000. Catalyst Capital Advisors LLC raised its stake in Tyson Foods by 56.1% in the third quarter. Catalyst Capital Advisors LLC now owns 584 shares of the company's stock valued at $35,000 after purchasing an additional 210 shares in the last quarter. National Pension Service raised its stake in Tyson Foods by 30.6% in the third quarter. National Pension Service now owns 643,482 shares of the company's stock valued at $38,326,000 after purchasing an additional 150,754 shares in the last quarter. Intact Investment Management Inc. bought a new stake in Tyson Foods during the third quarter worth about $179,000. Finally, Robeco Institutional Asset Management B.V. grew its stake in 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 buying an additional 252,635 shares in the last quarter. 67.00% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several equities analysts have recently commented on TSN shares. JPMorgan Chase & Co. boosted their target price on shares of Tyson Foods from $61.00 to $63.00 and gave the company a "neutral" rating in a research report on Tuesday, August 6th. Barclays raised their target price on Tyson Foods from $72.00 to $76.00 and gave the company an "overweight" rating in a report on Monday, September 9th. Bank of America lowered their price target on Tyson Foods from $65.00 to $62.00 and set a "neutral" rating for the company in a report on Tuesday, October 15th. Piper Sandler lowered Tyson Foods from a "neutral" rating to an "underweight" rating and reduced their price objective for the company from $57.00 to $50.00 in a research note on Wednesday, September 25th. Finally, BMO Capital Markets boosted their target price on Tyson Foods from $58.00 to $60.00 and gave the stock a "market perform" rating in a research note on Tuesday, August 6th. Two research 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. According to data from MarketBeat.com, Tyson Foods presently has an average rating of "Hold" and a consensus target price of $59.22.

Tyson Foods Trading Up 1.5 %

Shares of Tyson Foods stock traded up $0.88 on Friday, hitting $59.59. The stock had a trading volume of 2,462,218 shares, compared to its average volume of 1,828,502. The stock has a 50 day moving average of $60.29 and a 200 day moving average of $59.68. The firm has a market capitalization of $21.20 billion, a P/E ratio of -993.17, a PEG ratio of 0.38 and a beta of 0.78. Tyson Foods, Inc. has a twelve month low of $45.13 and a twelve month high of $66.88. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.95 and a current ratio of 1.82.

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.