Barclays PLC Has $66.84 Million Stake in Tyson Foods, Inc. (NYSE:TSN)

Barclays PLC increased its position in Tyson Foods, Inc. (NYSE:TSN - Free Report) by 66.1% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,122,285 shares of the company's stock after buying an additional 446,648 shares during the quarter. Barclays PLC owned about 0.32% of Tyson Foods worth $66,841,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Catalyst Capital Advisors LLC boosted 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 valued at $35,000 after purchasing an additional 210 shares in the last quarter. Harvest Fund Management Co. Ltd acquired a new position in Tyson Foods in the third quarter worth approximately $36,000. Thurston Springer Miller Herd & Titak Inc. grew its position in Tyson Foods by 301.6% in the third quarter. Thurston Springer Miller Herd & Titak Inc. now owns 747 shares of the company's stock worth $44,000 after buying an additional 561 shares during the last quarter. Hantz Financial Services Inc. acquired a new stake in shares of Tyson Foods during the 2nd quarter valued at $54,000. Finally, Northwest Investment Counselors LLC bought a new stake in shares of Tyson Foods during the 3rd quarter worth $59,000. Institutional investors own 67.00% of the company's stock.

Insider Buying and Selling at Tyson Foods

In other news, Director Noel W. White sold 171,057 shares of the stock in a transaction dated Thursday, November 21st. The stock was sold at an average price of $63.70, for a total transaction of $10,896,330.90. Following the transaction, the director now owns 36,179 shares of the company's stock, valued at approximately $2,304,602.30. This represents a 82.54 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Chairman John H. Tyson sold 185,394 shares of the business's stock in a transaction that occurred on Thursday, November 21st. The stock was sold at an average price of $63.77, for a total value of $11,822,575.38. Following the completion of the sale, the chairman now owns 3,003,374 shares of the company's stock, valued at approximately $191,525,159.98. This trade represents a 5.81 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 414,814 shares of company stock worth $26,450,955 over the last ninety days. 2.05% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on TSN. BMO Capital Markets boosted their target price on Tyson Foods from $60.00 to $62.00 and gave the stock a "market perform" rating in a research report on Wednesday, November 13th. Barclays boosted their target price on shares of Tyson Foods from $72.00 to $76.00 and gave the company an "overweight" rating in a research note on Monday, September 9th. Citigroup decreased their target price on Tyson Foods from $63.00 to $60.00 and set a "neutral" rating for the company in a research report on Wednesday, October 9th. Piper Sandler upped their price target on Tyson Foods from $50.00 to $58.00 and gave the company an "underweight" rating in a research report on Wednesday, November 13th. Finally, Bank of America decreased their price objective on Tyson Foods from $65.00 to $62.00 and set a "neutral" rating for the company in a research report on Tuesday, October 15th. Two 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, Tyson Foods has an average rating of "Hold" and a consensus target price of $60.67.

Tyson Foods Stock Down 1.2 %

Shares of Tyson Foods stock traded down $0.72 during trading on Thursday, hitting $61.20. 2,100,894 shares of the stock traded hands, compared to its average volume of 2,451,028. The company has a fifty day moving average price of $60.99 and a two-hundred day moving average price of $60.17. Tyson Foods, Inc. has a twelve month low of $49.97 and a twelve month high of $66.88. The stock has a market cap of $21.78 billion, a P/E ratio of 27.52, a PEG ratio of 0.94 and a beta of 0.79. 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 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.