14,046 Shares in Tyson Foods, Inc. (NYSE:TSN) Bought by Diversified Trust Co

Diversified Trust Co purchased a new stake in Tyson Foods, Inc. (NYSE:TSN - Free Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 14,046 shares of the company's stock, valued at approximately $807,000.

Other hedge funds have also modified their holdings of the company. Catalyst Capital Advisors LLC raised its position in shares of 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 buying an additional 210 shares during the last quarter. Harvest Fund Management Co. Ltd purchased a new position in shares of Tyson Foods during the 3rd quarter worth $36,000. Thurston Springer Miller Herd & Titak Inc. boosted its holdings in shares of Tyson Foods by 301.6% during the third 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 during the last quarter. Northwest Investment Counselors LLC purchased a new stake in shares of Tyson Foods in the third quarter valued at $59,000. Finally, SYSTM Wealth Solutions LLC increased its stake in Tyson Foods by 1,566.2% in the second quarter. SYSTM Wealth Solutions LLC now owns 1,083 shares of the company's stock valued at $62,000 after purchasing an additional 1,018 shares during the last quarter. 67.00% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research firms have commented on TSN. BMO Capital Markets lifted their price target on Tyson Foods from $60.00 to $62.00 and gave the company a "market perform" rating in a report on Wednesday, November 13th. UBS Group initiated coverage on shares of Tyson Foods in a research report on Friday. They set a "neutral" rating and a $62.00 price target for the company. 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 report on Wednesday, October 9th. Stephens upped their price objective on Tyson Foods from $57.00 to $60.00 and gave the stock an "equal weight" rating in a report on Wednesday, November 13th. Finally, Bank of America reduced their target price on Tyson Foods from $65.00 to $62.00 and set a "neutral" rating on the stock in a report on Tuesday, October 15th. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating and two have issued a buy rating to the company's stock. According to MarketBeat.com, Tyson Foods presently has a consensus rating of "Hold" and an average price target of $60.80.

Tyson Foods Stock Down 2.1 %

Shares of TSN stock traded down $1.19 during trading hours on Friday, reaching $54.27. The company had a trading volume of 3,204,775 shares, compared to its average volume of 2,612,363. The company has a market capitalization of $19.31 billion, a P/E ratio of 24.12, a price-to-earnings-growth ratio of 0.91 and a beta of 0.81. 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, Inc. has a twelve month low of $51.16 and a twelve month high of $66.88. The stock's fifty day simple moving average is $60.56 and its 200 day simple moving average is $60.40.

Insiders Place Their Bets

In other news, insider Wes Morris sold 25,080 shares of the firm's stock in a transaction that occurred on Monday, November 18th. The shares were sold at an average price of $64.71, for a total transaction of $1,622,926.80. Following the completion of the sale, the insider now owns 10,625 shares of the company's stock, valued at approximately $687,543.75. This trade represents a 70.24 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Noel W. White sold 171,057 shares of the company's stock in a transaction on Thursday, November 21st. The shares were sold at an average price of $63.70, for a total transaction of $10,896,330.90. Following the completion of the sale, the director now directly owns 36,179 shares in the company, valued at $2,304,602.30. This represents a 82.54 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 414,814 shares of company stock worth $26,450,955 in the last 90 days. 2.03% of the stock is owned by company insiders.

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.