Tyson Foods, Inc. (NYSE:TSN) Shares Bought by Liberty One Investment Management LLC

Liberty One Investment Management LLC raised its holdings in Tyson Foods, Inc. (NYSE:TSN - Free Report) by 7.1% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 74,648 shares of the company's stock after acquiring an additional 4,922 shares during the period. Liberty One Investment Management LLC's holdings in Tyson Foods were worth $4,288,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. increased its position in shares of Tyson Foods by 44.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,140,309 shares of the company's stock worth $67,917,000 after purchasing an additional 352,863 shares during the last quarter. Mizuho Securities USA LLC boosted its stake in shares of Tyson Foods by 517.7% in the 3rd quarter. Mizuho Securities USA LLC now owns 136,235 shares of the company's stock valued at $8,114,000 after buying an additional 114,179 shares during the period. Everence Capital Management Inc. acquired a new position in Tyson Foods during the 4th quarter worth approximately $775,000. Y Intercept Hong Kong Ltd purchased a new position in Tyson Foods in the third quarter valued at $1,036,000. Finally, The Manufacturers Life Insurance Company raised its position in shares of Tyson Foods by 4.1% during the 3rd quarter. The Manufacturers Life Insurance Company now owns 466,588 shares of the company's stock worth $27,790,000 after acquiring an additional 18,317 shares in the last quarter. Hedge funds and other institutional investors own 67.00% of the company's stock.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on the stock. UBS Group initiated coverage on shares of Tyson Foods in a research note on Friday, January 10th. They issued a "neutral" rating and a $62.00 price objective for the company. Citigroup lowered their price objective on shares of Tyson Foods from $63.00 to $60.00 and set a "neutral" rating on the stock in a research report on Wednesday, October 9th. Piper Sandler lifted their target price on shares of Tyson Foods from $50.00 to $58.00 and gave the company an "underweight" rating in a report on Wednesday, November 13th. BMO Capital Markets upped their price objective on Tyson Foods from $60.00 to $62.00 and gave the stock a "market perform" rating in a report on Wednesday, November 13th. Finally, Bank of America dropped their target price on shares of Tyson Foods from $65.00 to $62.00 and set a "neutral" rating for the company in a report on Tuesday, October 15th. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating and two have given a buy rating to the company. Based on data from MarketBeat, Tyson Foods presently has an average rating of "Hold" and a consensus target price of $60.80.

Tyson Foods Price Performance

Shares of NYSE:TSN traded down $0.29 on Monday, hitting $55.73. The company had a trading volume of 1,907,392 shares, compared to its average volume of 1,929,467. The company has a current ratio of 2.04, a quick ratio of 0.95 and a debt-to-equity ratio of 0.52. The company has a market cap of $19.83 billion, a PE ratio of 24.77, a PEG ratio of 0.82 and a beta of 0.81. Tyson Foods, Inc. has a 52-week low of $51.16 and a 52-week high of $66.88. The business has a 50 day moving average of $60.15 and a 200 day moving average of $60.38.

Insider Activity at Tyson Foods

In other Tyson Foods news, Chairman John H. Tyson sold 185,394 shares of the company'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 completion of the sale, the chairman now directly owns 3,003,374 shares in the company, valued at $191,525,159.98. This represents a 5.81 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Wes Morris sold 22,783 shares of Tyson Foods stock in a transaction dated Wednesday, November 13th. The shares were sold at an average price of $62.71, for a total value of $1,428,721.93. Following the completion of the transaction, the insider now directly owns 15,937 shares in the company, valued at $999,409.27. This represents a 58.84 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 414,814 shares of company stock valued at $26,450,955. 2.03% of the stock is owned by 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.