Empowered Funds LLC Sells 15,068 Shares of Tyson Foods, Inc. (NYSE:TSN)

Empowered Funds LLC decreased its stake in Tyson Foods, Inc. (NYSE:TSN - Free Report) by 70.8% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 6,229 shares of the company's stock after selling 15,068 shares during the period. Empowered Funds LLC's holdings in Tyson Foods were worth $371,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Crossmark Global Holdings Inc. boosted its position in Tyson Foods by 0.9% during the third quarter. Crossmark Global Holdings Inc. now owns 19,482 shares of the company's stock valued at $1,160,000 after acquiring an additional 172 shares during the last quarter. Signaturefd LLC boosted its position in shares of Tyson Foods by 6.9% during the 3rd quarter. Signaturefd LLC now owns 2,727 shares of the company's stock valued at $162,000 after purchasing an additional 175 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its stake in Tyson Foods by 1.8% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 10,616 shares of the company's stock worth $632,000 after purchasing an additional 189 shares during the period. EverSource Wealth Advisors LLC increased its holdings in Tyson Foods by 13.2% in the first quarter. EverSource Wealth Advisors LLC now owns 1,699 shares of the company's stock worth $103,000 after purchasing an additional 198 shares in the last quarter. Finally, Empirical Finance LLC lifted its stake in Tyson Foods by 2.1% in the third quarter. Empirical Finance LLC now owns 9,957 shares of the company's stock valued at $593,000 after buying an additional 206 shares during the period. 67.00% of the stock is owned by institutional investors and hedge funds.

Tyson Foods Stock Up 0.0 %

TSN stock traded up $0.03 during mid-day trading on Tuesday, reaching $63.81. 1,669,092 shares of the company traded hands, compared to its average volume of 2,477,395. The company has a quick ratio of 0.95, a current ratio of 2.04 and a debt-to-equity ratio of 0.52. The firm's 50 day moving average price is $60.21 and its 200 day moving average price is $59.93. The stock has a market cap of $22.71 billion, a price-to-earnings ratio of 28.36, a P/E/G ratio of 0.96 and a beta of 0.78. Tyson Foods, Inc. has a fifty-two week low of $46.51 and a fifty-two week high of $66.88.

Wall Street Analysts Forecast Growth

TSN has been the subject of several research analyst reports. Barclays lifted their price objective 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. StockNews.com raised shares of Tyson Foods from a "hold" rating to a "buy" rating in a research note on Tuesday, August 6th. BMO Capital Markets increased their price objective on shares of Tyson Foods from $60.00 to $62.00 and gave the stock a "market perform" rating in a research report on Wednesday, November 13th. JPMorgan Chase & Co. boosted their target price on Tyson Foods from $61.00 to $63.00 and gave the company a "neutral" rating in a research report on Tuesday, August 6th. Finally, Stephens increased their price target on Tyson Foods from $57.00 to $60.00 and gave the stock an "equal weight" rating in a report on Wednesday, November 13th. Two research analysts have rated the stock with a sell rating, six have issued a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat.com, Tyson Foods currently has a consensus rating of "Hold" and an average target price of $60.67.

Insider Activity

In other news, General Counsel Adam S. Deckinger sold 10,500 shares of the stock in a transaction dated 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 owns 19,260 shares in the company, valued at $1,248,048. This represents a 35.28 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Chairman John H. Tyson sold 185,394 shares of the business's stock in a transaction dated Thursday, November 21st. The stock was sold at an average price of $63.77, for a total transaction of $11,822,575.38. Following the transaction, the chairman now owns 3,003,374 shares in the company, 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 have sold 414,814 shares of company stock worth $26,450,955 over the last 90 days. 2.05% of the stock is currently owned by corporate 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.