Thrivent Financial for Lutherans Sells 147,364 Shares of Tyson Foods, Inc. (NYSE:TSN)

Thrivent Financial for Lutherans decreased its position in Tyson Foods, Inc. (NYSE:TSN - Free Report) by 8.9% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,506,930 shares of the company's stock after selling 147,364 shares during the quarter. Thrivent Financial for Lutherans owned about 0.42% of Tyson Foods worth $89,753,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in the company. Crossmark Global Holdings Inc. increased its position in shares of 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 purchasing an additional 172 shares during the period. Signaturefd LLC lifted its stake in Tyson Foods by 6.9% in 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 period. Wealth Enhancement Advisory Services LLC raised its position in shares of 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 grew its holdings in shares of Tyson Foods by 13.2% during the first 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. Finally, Empirical Finance LLC grew its holdings in shares of Tyson Foods by 2.1% during the third quarter. Empirical Finance LLC now owns 9,957 shares of the company's stock worth $593,000 after buying an additional 206 shares in the last quarter. Institutional investors own 67.00% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on TSN shares. Barclays raised their price target on Tyson Foods from $72.00 to $76.00 and gave the company an "overweight" rating in a research note on Monday, September 9th. JPMorgan Chase & Co. raised their price objective on Tyson Foods from $61.00 to $63.00 and gave the company a "neutral" rating in a research report on Tuesday, August 6th. StockNews.com raised Tyson Foods from a "hold" rating to a "buy" rating in a research report on Tuesday, August 6th. Stephens raised their price objective on Tyson Foods from $57.00 to $60.00 and gave the company an "equal weight" rating in a research report on Wednesday, November 13th. Finally, BMO Capital Markets lifted their price target on Tyson Foods from $60.00 to $62.00 and gave the stock a "market perform" rating in a report on Wednesday, November 13th. Two analysts have rated the stock with a sell rating, six have issued a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat, Tyson Foods presently has a consensus rating of "Hold" and a consensus target price of $60.67.

Insider Buying and Selling

In related news, insider Wes Morris sold 22,783 shares of Tyson Foods stock in a transaction on Wednesday, November 13th. The stock was sold at an average price of $62.71, for a total transaction of $1,428,721.93. Following the sale, the insider now directly owns 15,937 shares in the company, valued at approximately $999,409.27. This trade represents a 58.84 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 2.05% of the stock is owned by company insiders.

Tyson Foods Price Performance

TSN stock traded up $0.23 during midday trading on Monday, reaching $64.55. 2,921,709 shares of the stock were exchanged, compared to its average volume of 2,467,203. The stock has a market capitalization of $22.97 billion, a PE ratio of 28.68, a P/E/G ratio of 0.97 and a beta of 0.78. Tyson Foods, Inc. has a 52 week low of $46.51 and a 52 week high of $66.88. The company has a debt-to-equity ratio of 0.52, a current ratio of 2.04 and a quick ratio of 0.95. The company has a fifty day moving average price of $60.04 and a 200 day moving average price of $59.74.

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.