CWA Asset Management Group LLC Buys Shares of 20,109 Tyson Foods, Inc. (NYSE:TSN)

CWA Asset Management Group LLC acquired a new position in Tyson Foods, Inc. (NYSE:TSN - Free Report) during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund acquired 20,109 shares of the company's stock, valued at approximately $1,198,000.

Several other large investors have also recently modified their holdings of the stock. Signaturefd LLC boosted its position in shares of Tyson Foods by 6.9% during the third quarter. Signaturefd LLC now owns 2,727 shares of the company's stock valued at $162,000 after buying an additional 175 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its stake in shares of Tyson Foods by 1.8% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 10,616 shares of the company's stock worth $632,000 after buying an additional 189 shares in the last quarter. EverSource Wealth Advisors LLC grew its stake in shares of Tyson Foods by 13.2% in the 1st quarter. EverSource Wealth Advisors LLC now owns 1,699 shares of the company's stock worth $103,000 after buying an additional 198 shares in the last quarter. Catalyst Capital Advisors LLC boosted its stake 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 purchasing an additional 210 shares during the period. Finally, Unison Advisors LLC boosted its position in Tyson Foods by 0.8% in the 2nd quarter. Unison Advisors LLC now owns 25,547 shares of the company's stock valued at $1,460,000 after buying an additional 214 shares during the period. Hedge funds and other institutional investors own 67.00% of the company's stock.

Tyson Foods Stock Performance

Shares of NYSE TSN traded down $0.22 during midday trading on Monday, hitting $59.37. The company's stock had a trading volume of 1,234,427 shares, compared to its average volume of 2,427,027. Tyson Foods, Inc. has a 1-year low of $45.13 and a 1-year high of $66.88. The firm's fifty day moving average price is $60.29 and its 200-day moving average price is $59.67. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.95 and a current ratio of 1.82. The firm has a market cap of $21.13 billion, a P/E ratio of -993.17, a P/E/G ratio of 0.38 and a beta of 0.78.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on the stock. BMO Capital Markets upped their price target on shares of Tyson Foods from $58.00 to $60.00 and gave the stock a "market perform" rating in a research report on Tuesday, August 6th. Bank of America decreased their price objective on shares of Tyson Foods from $65.00 to $62.00 and set a "neutral" rating on the stock in a report on Tuesday, October 15th. JPMorgan Chase & Co. boosted their price objective on Tyson Foods from $61.00 to $63.00 and gave the stock a "neutral" rating in a research report on Tuesday, August 6th. Barclays boosted their price target on shares of Tyson Foods from $72.00 to $76.00 and gave the company an "overweight" rating in a research report on Monday, September 9th. Finally, Stephens began coverage on shares of Tyson Foods in a research report on Thursday, October 3rd. They set an "equal weight" rating and a $57.00 target price on the stock. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus target price of $59.22.

Tyson Foods Company 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.