Thompson Siegel & Walmsley LLC Acquires 73,764 Shares of Tyson Foods, Inc. (NYSE:TSN)

Thompson Siegel & Walmsley LLC grew its holdings in shares of Tyson Foods, Inc. (NYSE:TSN - Free Report) by 6.8% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,165,916 shares of the company's stock after buying an additional 73,764 shares during the quarter. Tyson Foods makes up 1.0% of Thompson Siegel & Walmsley LLC's portfolio, making the stock its 29th largest position. Thompson Siegel & Walmsley LLC owned about 0.33% of Tyson Foods worth $69,442,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Davis Selected Advisers acquired a new position in Tyson Foods during the second quarter worth $177,439,000. Pzena Investment Management LLC grew its position in shares of Tyson Foods by 18.4% in the 2nd quarter. Pzena Investment Management LLC now owns 12,489,564 shares of the company's stock valued at $713,654,000 after acquiring an additional 1,939,508 shares during the period. Jupiter Asset Management Ltd. acquired a new position in shares of Tyson Foods during the 2nd quarter worth about $29,537,000. Van ECK Associates Corp raised its holdings in shares of Tyson Foods by 45.5% in the 2nd quarter. Van ECK Associates Corp now owns 1,274,741 shares of the company's stock valued at $72,839,000 after purchasing an additional 398,404 shares during the period. Finally, Foundry Partners LLC acquired a new stake in Tyson Foods in the 2nd quarter valued at about $15,007,000. 67.00% of the stock is currently owned by institutional investors and hedge funds.

Tyson Foods Stock Performance

Shares of NYSE:TSN traded up $0.52 on Thursday, reaching $63.77. 2,357,078 shares of the company's stock were exchanged, compared to its average volume of 2,468,653. Tyson Foods, Inc. has a twelve month low of $46.51 and a twelve month high of $66.88. The company has a fifty day moving average of $60.04 and a 200-day moving average of $59.79. The company has a market capitalization of $22.69 billion, a price-to-earnings ratio of 28.47, a PEG ratio of 0.95 and a beta of 0.78. The company has a current ratio of 2.04, a quick ratio of 0.95 and a debt-to-equity ratio of 0.52.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on TSN shares. Piper Sandler upped their price objective on Tyson Foods from $50.00 to $58.00 and gave the company an "underweight" rating in a research note on Wednesday, November 13th. Bank of America reduced their price objective on shares of Tyson Foods from $65.00 to $62.00 and set a "neutral" rating for the company in a research report on Tuesday, October 15th. StockNews.com upgraded shares of Tyson Foods from a "hold" rating to a "buy" rating in a report on Tuesday, August 6th. BMO Capital Markets lifted their target price on shares of Tyson Foods from $60.00 to $62.00 and gave the stock a "market perform" rating in a report on Wednesday, November 13th. Finally, Stephens increased their price target on shares of Tyson Foods from $57.00 to $60.00 and gave the company an "equal weight" rating in a report on Wednesday, November 13th. Two research analysts have rated the stock with a sell rating, six have given a hold rating and two have given a buy rating to the company's stock. According to data from MarketBeat.com, Tyson Foods has an average rating of "Hold" and a consensus target price of $60.67.

Insiders Place Their Bets

In other Tyson Foods news, General Counsel Adam S. Deckinger sold 10,500 shares of the business's stock in a transaction dated Friday, November 15th. The stock was sold at an average price of $64.80, for a total transaction of $680,400.00. Following the completion of the transaction, the general counsel now owns 19,260 shares of the company's stock, valued at approximately $1,248,048. The trade was a 35.28 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, 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 in the company, valued at approximately $687,543.75. The trade was a 70.24 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 58,363 shares of company stock worth $3,732,049 in the last 90 days. Company insiders own 2.05% of the company's stock.

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.